Quote margin calculator
Put in the hours and costs. See what to charge for the margin you want, with and without GST. Free, no sign-up.
Example job Change any number and press Work it out.
| Labour (6 hrs × $46.33) | $277.98 |
| Materials | $240.00 |
| Other costs | $30.00 |
| What the job costs you | $547.98 |
| Margin | Quote inc GST | Ex GST | You keep | Each hour earns |
|---|---|---|---|---|
| 20% | $753 | $685 | $137 | $69 |
| 25% | $804 | $731 | $183 | $77 |
| 30% | $861 | $783 | $235 | $85 |
| 35% | $927 | $843 | $295 | $96 |
| 40% | $1,005 | $913 | $365 | $107 |
| 45% | $1,096 | $996 | $448 | $121 |
| 50% | $1,206 | $1,096 | $548 | $138 |
Margin is the share of the ex-GST price you keep after costs. "Each hour earns" is the price less materials and other costs, spread over the hours. GST at 10%.
Markup isn't margin
Markup is added on top of your cost. Margin is the share of the price you keep. Add 30% to a $1,000 job and you charge $1,300, but you keep $300 of $1,300, which is a 23% margin.
| If you add | Your margin is |
|---|---|
| 20% markup | 16.7% |
| 30% markup | 23.1% |
| 50% markup | 33.3% |
| 100% markup | 50% |
Read the guide: Markup vs margin: price a job so you keep what you think you keep →
Every job, worked out for you
Tradies Sidekick reads your Xero and ServiceM8 and works this out every night from your own numbers: for every customer, every member of the team, and the business as a whole.
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