How this calculator works
Price = included cost ÷ (1 − target margin/100). Include the costs you want this margin to cover. This is not net profit unless all expenses are included.
Keep a record of which costs your estimate includes. These calculations do not select your pricing strategy or guarantee profit.
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FAQ
What does the target margin calculator calculate?
Find the selling price needed to reach a target margin on your entered job costs.
Which costs should I enter?
Use the costs relevant to your estimate and record what is included. Materials, labor, overhead, delivery, equipment, and taxes may need separate treatment.
Is markup the same as margin?
No. Markup is measured against cost; margin is measured against selling price. Read the formula notes before applying a percentage.