Markup & margin calculator
Marking materials up the right amount is how you cover your time and turn a profit. Enter what something costs you and the margin you want, and see exactly what to charge.
Markup and margin are not the same. Markup is profit as a share of your cost; margin is profit as a share of the price. A 50% markup is only a 33% margin.
Put your prices to work. Save your marked-up rates in the free invoice generator or a free KSV Backoffice account so every quote and invoice uses them automatically.
Markup vs margin, in plain English
Say a part costs you $100. If you charge $150, that is a 50% markup (you added 50% of the cost) but only a 33% margin (profit is a third of the $150 price). Confusing the two is one of the most common ways tradespeople undercharge. This calculator works in margin, because margin is what actually tells you how much of each sale you keep.