I am a:
(Choose an industry)
Type in your costs and the profit you want. This shows the price to charge, your profit in dollars, and your margin. Many contractors mix up markup and margin. This calculator shows both so the numbers on a bid match the money in the bank.
Planning math only. This is not a quote and not HomeTech cost data.
Now price every line of the job from local data. CostEstimator uses HomeTech’s pricing data for your area. Try it free for 2 days.
See CostEstimatorMarkup is profit as a percent of your cost. Margin is profit as a percent of your selling price. A 20% markup on a $10,000 job gives a $12,000 price, and your margin is 16.67%, not 20%.
25%. Pick “Margin %” above and type 20. The calculator shows the price to charge.
Only what you type in. Put overhead, permits and anything else you pay for in “Other costs” so the profit shown is real.