Testing Laboratories in Utah
Revenue benchmarks for testing laboratories businesses operating in Utah.
#26 of 50 states-41.1% vs national avg
Average Revenue
$2.4M
per year
Businesses
80
in Utah
Revenue / Employee
$153K
per year
Labor Cost
50.0%
of revenue
Profit Margin
22.0%
industry average
Market Saturation
2.4
firms per 100K in UT
Total Revenue
$189.2M
all firms in UT
Total Employees
1,233
in UT
How Utah Compares
National Average$4.0M
Utah$2.4M
Difference$1.6M (-41.1%)