Structural Steel and Precast Concrete Contractors vs Electrical Contractors and Other Wiring Installation Contractors

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

MetricStructural SteelElectrical Contractors
Average Revenue$4.7M$2.7M
Profit Margin7.0%7.0%
Est. Owner Income$327K$189K
Revenue / Employee$226K$230K
Labor Cost %30.0%30.0%
Total Businesses3,77777,550
Startup Cost (Low)$25K$15K
Startup Cost (High)$150K$75K
5-Year Survival Rate52.0%58.0%
YoY Growth6.0%7.0%
Avg Employee WageN/AN/A