Veterinary Services in Maryland
Revenue benchmarks for veterinary services businesses operating in Maryland.
#7 of 50 states+26.0% vs national avg
Average Revenue
$1.8M
per year
Businesses
449
in Maryland
Revenue / Employee
$100K
per year
Labor Cost
50.0%
of revenue
Profit Margin
22.0%
industry average
Market Saturation
7.3
firms per 100K in MD
Total Revenue
$814.1M
all firms in MD
Total Employees
8,125
in MD
How Maryland Compares
National Average$1.4M
Maryland$1.8M
Difference+$374K (+26.0%)