Testing Laboratories in West Virginia
Revenue benchmarks for testing laboratories businesses operating in West Virginia.
#44 of 50 states-66.5% vs national avg
Average Revenue
$1.3M
per year
Businesses
39
in West Virginia
Revenue / Employee
$84K
per year
Labor Cost
50.0%
of revenue
Profit Margin
22.0%
industry average
Market Saturation
2.2
firms per 100K in WV
Total Revenue
$52.4M
all firms in WV
Total Employees
624
in WV
How West Virginia Compares
National Average$4.0M
West Virginia$1.3M
Difference$2.7M (-66.5%)