Calculator
Electrical Profit Margin Calculator
Calculate net profit per electrical job and your monthly business margin — enter ticket price, loaded labor, materials, overhead, and target margin to see gross and net profit with trade-specific benchmarks. Free, no signup.
Free
Additional job costs
$2,500 avg ticket50 jobs/mo15.0% net target
Monthly net profit
$29,200
55.4% gross · 23.4% net · $125,000/mo revenue
Net margin within healthy range
Gross profit per job$1,384
Per-job economics
Total direct cost
$1,116Labor + materials + fees per job
Gross profit / job
$1,38455.4% gross margin
Overhead / job
$800$40,000 ÷ 50 jobs
Net margin
23.4%Healthy electrical net margin: 8–15%
Cost breakdown per job
- Labor: $416
- Materials: $600
- Permits: $100
- Gross profit: $1,384
Loaded labor rate: $52.00/hr
Monthly P&L
Revenue
$125,00050 jobs × $2,500
Total COGS
$55,800Direct costs across all jobs
Gross profit
$69,20055.4% gross margin
Monthly overhead
$40,000Fixed business costs
Net profit
$29,20023.4% net margin
Breakeven & growth targets
Break even
29
jobs/mo (net = $0)
10% net
36
jobs/mo
15% net
40
jobs/mo
20% net
46
jobs/mo
Volume scenario analysis
| Jobs/mo | Revenue | COGS | Gross | Overhead | Net profit | Net % |
|---|---|---|---|---|---|---|
| 25 | $62,500 | $27,900 | $34,600 | $40,000 | -$5,400 | -8.6% |
| 38 | $95,000 | $42,408 | $52,592 | $40,000 | $12,592 | 13.3% |
| 50 * | $125,000 | $55,800 | $69,200 | $40,000 | $29,200 | 23.4% |
| 63 | $157,500 | $70,308 | $87,192 | $40,000 | $47,192 | 30.0% |
| 75 | $187,500 | $83,700 | $103,800 | $40,000 | $63,800 | 34.0% |
* Your current monthly volume
Industry benchmarks
- Service call gross
- 55–65%
- Panel upgrade gross
- 45–55%
- Net margin target
- 8–15%
- Burdened labor rate
- 45–55% above wage
Electrical benchmark: 50–67% gross margin
What you'll get
Price a single job
Enter ticket price, labor hours, burdened rate, materials cost, commission, and overhead allocation to see gross margin, net margin, and profit dollars for one typical job.
Run monthly business economics
Switch to the business view — add monthly revenue, direct costs, overhead, and jobs completed to see shop-level gross and net margin against industry benchmarks.
Compare to trade benchmarks
See how your margins compare to typical electrical service and install ranges, then adjust pricing before you quote the next job.
How it works
- 1
Price a single job
Enter ticket price, labor hours, burdened rate, materials cost, commission, and overhead allocation to see gross margin, net margin, and profit dollars for one typical job.
- 2
Run monthly business economics
Switch to the business view — add monthly revenue, direct costs, overhead, and jobs completed to see shop-level gross and net margin against industry benchmarks.
- 3
Compare to trade benchmarks
See how your margins compare to typical electrical service and install ranges, then adjust pricing before you quote the next job.
Why electrical contractors track profit margin on every job
Revenue is not profit. A $850 electrical service call can net $45 or $280 depending on loaded labor, parts cost, drive time, commission, and overhead recovery. Most shops discover they are underpricing install and over-discounting service because they track revenue — not margin per job.
Industry-standard pricing uses burdened labor (not base wage), materials at wholesale cost, overhead recovery per billable hour or job, and the divisor method for target net margin — not simple markup. This calculator implements both single-job and monthly business views with electrical-specific gross and net margin benchmarks so you can validate flat-rate prices before they hit your P&L.
Related tools
More free resources to help you price jobs, stay organized, and capture leads.
Business Templates
Free invoices, estimates, and work orders for your trade.
Browse templatesAI Receptionist
Let Larry answer every call while you focus on the job.
Learn moreContractor Blog
Guides on pricing, hiring, marketing, and operations.
Read guidesElectrical Licensing
State licensing requirements, exams, and renewal rules for electrical contractors.
View statesProfit Margin Calculator FAQs
What profit margin should a electrical contractor target?
Electrical service work typically needs 55–65% gross margin and 15–25% net after overhead. Install and project work runs lower gross (38–55%) but higher ticket volume. Your market, crew efficiency, and overhead load shift these ranges — use benchmarks as a starting point, not a ceiling.
What is the difference between gross margin and net margin?
Gross margin is (revenue − direct job costs) ÷ revenue — labor, materials, subs, and commission on that job. Net margin subtracts business overhead (rent, office, marketing, non-field payroll) and reflects true shop profitability. A job can look profitable on gross margin and still lose money if overhead is not recovered.
Why use burdened labor rate instead of base wage?
Base wage ignores payroll taxes, workers’ compensation, benefits, and non-billable time. Burdened rate is the true hourly cost of putting a tech on a job — typically 25–35% above base pay. Pricing from base wage is the most common reason contractors underprice service calls.
Is this profit margin calculator free?
Yes. Every tool on CloseCrew is free for contractors — no account required. Pair it with the Labor Rate Calculator and Job Pricing Calculator to build your loaded rate and cost-plus bids.
