Testing Laboratories in Tennessee
Revenue benchmarks for testing laboratories businesses operating in Tennessee.
#15 of 50 states-28.0% vs national avg
Average Revenue
$2.9M
per year
Businesses
81
in Tennessee
Revenue / Employee
$130K
per year
Labor Cost
50.0%
of revenue
Profit Margin
22.0%
industry average
Market Saturation
1.2
firms per 100K in TN
Total Revenue
$233.9M
all firms in TN
Total Employees
1,806
in TN
How Tennessee Compares
National Average$4.0M
Tennessee$2.9M
Difference$1.1M (-28.0%)