Testing Laboratories in Massachusetts
Revenue benchmarks for testing laboratories businesses operating in Massachusetts.
#5 of 50 states+29.9% vs national avg
Average Revenue
$5.2M
per year
Businesses
124
in Massachusetts
Revenue / Employee
$201K
per year
Labor Cost
50.0%
of revenue
Profit Margin
22.0%
industry average
Market Saturation
1.8
firms per 100K in MA
Total Revenue
$646.3M
all firms in MA
Total Employees
3,216
in MA
How Massachusetts Compares
National Average$4.0M
Massachusetts$5.2M
Difference+$1.2M (+29.9%)