Field service tools
Parts & Labor Markup Calculator
Turn your cost into a selling price—and see the real markup and margin before you quote the job.
Pricing stays on this device and is saved in this browser.
per item
Parts / Materials
Adds a percentage of cost to the cost.
Selling price
$0.00
Gross profit
$0.00
Gross margin
—
Markup
—
per hour
Labor
Adds a percentage of cost to the cost.
Selling labor rate
$0.00
Profit per labor hour
$0.00
Gross margin
—
Markup
—
Combined scenario
Parts + labor totals
A quick scenario using the selling price and hourly rate calculated above—not a quote or estimate.
Total selling price
$0.00
Gross profit
$0.00
Gross margin
—
Total cost
$0.00
Markup
—
Markup and margin are different
Markup compares profit with cost. Margin compares profit with selling price.
- Gross profit
- selling price − cost
- Markup %
- gross profit ÷ cost × 100
- Gross margin %
- gross profit ÷ selling price × 100
- Price from markup
- cost × (1 + markup %)
- Price from target margin
- cost ÷ (1 − margin %)
Results are rounded to the nearest cent. A target margin must stay below 100%. Undefined percentages display as — when their denominator is zero.