Veterinary Services in New Mexico
Revenue benchmarks for veterinary services businesses operating in New Mexico.
#37 of 50 states-28.8% vs national avg
Average Revenue
$1.0M
per year
Businesses
178
in New Mexico
Revenue / Employee
$83K
per year
Labor Cost
50.0%
of revenue
Profit Margin
22.0%
industry average
Market Saturation
8.4
firms per 100K in NM
Total Revenue
$182.3M
all firms in NM
Total Employees
2,191
in NM
How New Mexico Compares
National Average$1.4M
New Mexico$1.0M
Difference$415K (-28.8%)