FREE CONTRACTOR TOOL

Handyman Estimate & Markup Calculator

Enter your labor and material costs, choose a markup, and instantly see a suggested selling price, gross profit, and gross margin. No signup required.

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Total cost$800.00
Suggested price$1,000.00
Gross profit$200.00
Gross margin20.0%

Markup is added to your total cost. Margin is gross profit as a percentage of the selling price. Taxes and job-specific fees may still need to be added separately.

Markup and margin are not the same

A 25% markup on $800 of cost adds $200, giving a $1,000 selling price. That $200 profit is a 20% gross margin. If your goal is a 25% margin instead, the selling price needs to be $1,066.67.

MarkupEquivalent margin
10%9.1%
25%20.0%
50%33.3%
100%50.0%

Example: A job has $500 labor, $300 materials, and $100 of other costs. Total cost is $900. With a 25% markup, the selling price is $1,125 and gross profit is $225. With a target margin of 25%, the selling price is $1,200 and gross profit is $300.

Ready to turn the number into an estimate?

Contractor Estimate & Quote helps small contractors create itemized estimates, generate customer-ready PDFs, and convert approved quotes into invoices from a phone.

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Learn more about the handyman estimate workflow