Electrical Contractors and Other Wiring Installation Contractors vs Plumbing, Heating, and Air-Conditioning Contractors

Side-by-side revenue comparison of these two business types.

MetricElectrical ContractorsPlumbing, Heating,
Average Revenue$2.7M$2.4M
Profit Margin7.0%7.0%
Est. Owner Income$189K$168K
Revenue / Employee$230K$223K
Labor Cost %30.0%30.0%
Total Businesses77,550104,776
Startup Cost (Low)$15K$10K
Startup Cost (High)$75K$50K
5-Year Survival Rate58.0%55.0%
YoY Growth7.0%6.0%
Avg Employee WageN/AN/A