Profit Margin Calculator

Calculate profit margin, markup, and pricing instantly

Last updated: January 2025

About This Tool

Profit margin is a key indicator of business health and efficiency. This calculator helps you understand how much profit you retain from each dollar of revenue, enabling better pricing decisions and financial planning.

What is Profit Margin Calculator?

Profit margin represents the percentage of revenue that remains as profit after accounting for costs. There are three main types: gross profit margin (revenue minus cost of goods sold), operating profit margin (after operating expenses), and net profit margin (after all expenses including taxes). Higher margins indicate better profitability.

How It Works

Profit margin is calculated by dividing profit by revenue and multiplying by 100 to get a percentage. For gross margin, subtract the cost of goods sold from revenue. For net margin, subtract all expenses. The result shows how many cents of profit you make from each dollar of sales.

Formula

Profit Margin = (Revenue - Cost) / Revenue × 100

Profit Margin

40.00%

of selling price

Markup

66.67%

of cost price

Revenue Breakdown

Cost: $60
Profit: $40

Margin vs Markup: What's the Difference?

Profit Margin

Percentage of selling price that is profit.

Margin = (Profit ÷ Revenue) × 100

Markup

Percentage added to cost price to get selling price.

Markup = (Profit ÷ Cost) × 100

Calculation Summary

Cost$60
Revenue$100
Gross Profit$40

Industry Benchmarks

Software/SaaS70-90%
Consulting50-80%
E-commerce20-40%
Restaurants3-9%
Retail2-5%
Grocery1-3%

💡 Pro Tips

  • • A 50% markup ≠ 50% margin (it's ~33% margin)
  • • Track both metrics for complete pricing insight
  • • Consider all costs including overhead

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When to Use This Calculator

  • 1Setting prices for products or services
  • 2Evaluating business profitability and efficiency
  • 3Comparing performance against industry benchmarks
  • 4Analyzing trends in profitability over time
  • 5Making decisions about cost reduction or price changes

Pro Tips

  • Track margins over time to identify trends and issues early
  • Compare your margins to industry averages for context
  • Focus on both increasing revenue and reducing costs
  • Different products/services may have different target margins
  • Consider volume vs. margin trade-offs in pricing strategy

Common Mistakes to Avoid

  • Confusing markup with margin (they are calculated differently)
  • Not accounting for all costs when calculating true margins
  • Ignoring the impact of discounts on profit margins
  • Setting prices based only on competitor pricing, not costs
  • Not segmenting margin analysis by product or customer

Frequently Asked Questions

Related Resources