Measure the margin and markup on a single project.
A project's profit margin is its profit divided by invoiced revenue, while markup compares the same profit against the cost of the work. Miscounting a bid's true cost inflates the apparent margin, so measuring actual versus estimated margin after each job catches bad estimating early.
Project Profit Margin
Project margin = (revenue - cost) / revenue x 100
Project margin = (revenue - cost) / revenue x 100 A project's profit margin is its profit divided by invoiced revenue, while markup compares the same profit against the cost of the work.
Miscounting a bid's true cost inflates the apparent margin, so measuring actual versus estimated margin after each job catches bad estimating early.
This calculator takes 2 inputs: Project revenue, Project cost. The pre-filled defaults are a realistic starting point — replace them with figures from your own environment for a result you can act on.