Markup vs. margin calculator for contractors
Free markup and margin calculator: type a markup and see the margin, or type a margin and see the markup, with the price and what you keep. For contractors, in English and Spanish.
Markup and margin are not the same number
A 50% markup keeps only 33% of the price. Type one and see the other.
Price
$1,500
- You keep$500
- Markup50%
- Margin33.3%
Markup is on top of your cost; margin is the share of the price you keep. Margin = markup ÷ (1 + markup).
How the number is made
- Markup is added on top of your cost: price = cost × (1 + markup).
- Margin is the share of the price you keep: margin = (price − cost) ÷ price.
- To turn one into the other: margin = markup ÷ (1 + markup), and markup = margin ÷ (1 − margin).
Questions people ask
What is the difference between markup and margin?
Markup is a percent of your cost; margin is a percent of the price. The same dollars give a smaller margin than markup: a 50% markup is a 33% margin.
What markup gives a 50% margin?
A 100% markup: you double your cost. Cost $1,000, price $2,000, you keep $1,000, which is 50% of the price.
Why does it matter?
Pricing with a markup while thinking it is your margin leaves money on every job. If you need to keep 30%, a 30% markup only keeps 23%.
Your numbers, on every quote.
Jetsy keeps your rates in a Price book and prices every job the same way, in English and Spanish. 30 days free, no card.
No card for the free trial. 60-day money-back. No contract. Code CRM27 takes 27% off every month you stay.
