Quote-to-Price Margin Calculator
Build a quote price from cost and target margin.
Enter your values
ⓘ Live results
Results
- Quote price
- $3692.31
- Profit
- $1292.31
- Markup equivalent
- 53.85%
- Job cost
- $2400
Quick answer
Quote price is job cost divided by one minus the target margin percentage.
price = cost / (1 - target margin)
How to use the Quote-to-Price Margin Calculator
- 1Enter your total cost to complete the job, including labour and materials.
- 2Enter the profit margin you want on the quote.
- 3The price divides cost by (1 - margin) so the margin is hit exactly on the final price.
Worked example
Using the values the calculator loads with:
Inputs
- Total job cost2400 $
- Target margin35 %
Results
- Quote price$3692.31
- Profit$1292.31
- Markup equivalent53.85%
- Job cost$2400
Frequently asked questions
Why not just add margin to cost?
Adding margin to cost as a markup understates true margin on the selling price; dividing gets the exact target.
What margin should I quote?
It depends on your industry, but most trades target 20-40% gross margin.
About this calculator
- Built and reviewed by James Whitfield · How we build and test calculators
- Report an error
Results are estimates for general information. For medical, legal, structural or financial decisions, confirm with a qualified professional.