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What the job actually made.
Put in what you charged and what it cost you. You get the gross profit, the margin and the markup — the last two side by side, because they are different numbers off the same job and pricing off the wrong one is how a flat-out year makes nothing.
Nothing you type here leaves your browser.
What you charge and what your labour really costs stays on this device. There is no account, no upload and no sign-up. The page keeps a copy on this device so you can come back to it, and you can wipe that whenever you like.
Put in a price and the costs against it.
A $1,000.00 job that cost $800.00 made $200.00 — a 20% margin, and a 25% markup. Two numbers, one job.
Margin and markup are never the same number.
Margin is the profit as a share of what the customer paid — what you kept out of every dollar that came in. Markup is the same profit as a share of what the job cost you — what you added on top before you quoted it. The profit is identical; only the figure you divide by changes, and cost is always the smaller of the two, so markup is always the bigger percentage.
That is why the two get mixed up so expensively. Add 20% to $800.00 of cost and you quote $960.00 — which is a margin of 16.7%, not 20%. Price a year of work that way while thinking in margins and the shortfall is the whole profit.
Dollars are rounded to the cent, percentages to one decimal place.
Worksted keeps this figure running on its own — the hours your crew logs and the receipts they photograph land on the job as the work happens, so the margin is something you look up rather than work out. See how job costing works.
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One job is arithmetic. Every job is the business.
Worksted keeps this figure running on its own — the hours your crew logs and the receipts they photograph land on the job as the work happens, so the margin is there to look up instead of worked out in July.