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Job Profit Calculator

Work out the profit on any individual job. Enter the quote, materials, labour, and time to see your true profit and effective hourly rate.

How to Use

1

Enter the price you quoted (or invoiced) for the job, excluding VAT.

2

Add your material costs for the job.

3

If you used a subcontractor or paid a mate, enter their cost.

4

Enter the total hours you worked on the job, including travel and prep.

5

Review your profit, margin, and effective hourly rate to see if the job was worth it.

About This Calculator

This job profit calculator helps electricians evaluate the profitability of individual jobs before and after completion. Enter your quoted price, material costs, labour costs, and hours worked to see the true profit, margin, and effective hourly rate. Use it to refine your quoting and identify which types of work are most profitable.

Frequently Asked Questions

What profit margin should I aim for on each job?
Aim for at least 25-35% profit margin on each job. This needs to cover your overheads (van, insurance, tools) and still leave a healthy profit. Jobs below 20% margin are usually not worth the effort unless they lead to repeat work.
Why is my effective hourly rate important?
Your effective hourly rate shows what you actually earned per hour on a specific job. If it is lower than your target charge-out rate, you either underquoted, the job took longer than expected, or material costs were higher. Tracking this helps you quote more accurately.
Should I include travel time in hours worked?
Yes — travel time is part of your cost to deliver the job. If you spend 30 minutes each way, that is an hour of your time. Including travel gives you an honest picture of profitability and helps you decide whether distant jobs are worthwhile.

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