Profit Margin Calculator

Calculate gross margin, markup, and profit from cost and selling price.

$
$
Gross Profit
$0
Gross Margin
0%
profit / revenue
Markup
0%
profit / cost

Quick Tools

$
% margin
= $100.00
$
% markup
= $90.00
MarginMarkupMultiplier
10%11.1%1.11x
20%25.0%1.25x
25%33.3%1.33x
30%42.9%1.43x
33.3%50.0%1.50x
40%66.7%1.67x
50%100%2.00x
60%150%2.50x
75%300%4.00x

Understanding Profit Margins

Profit margin is one of the most important metrics in business. It tells you what percentage of your revenue is actually profit after covering costs. Understanding the difference between margin and markup is essential for pricing, budgeting, and financial analysis.

Margin vs Markup — The Key Difference

Margin is profit as a percentage of the selling price (revenue): Margin = Profit / Revenue. Markup is profit as a percentage of the cost: Markup = Profit / Cost. They describe the same profit but from different perspectives.

Example: You buy a product for $60 and sell it for $100. Profit = $40. Margin = 40% ($40/$100). Markup = 66.7% ($40/$60). Same profit, different percentages.

The Margin Formula

Gross Margin = ((Revenue - Cost) / Revenue) × 100
Markup = ((Revenue - Cost) / Cost) × 100

Industry Benchmarks

Average gross margins by industry: Software/SaaS: 70-90%. Financial services: 40-60%. Professional services: 15-25%. Manufacturing: 5-10%. Retail: 2-5%. Restaurants: 3-9%. Grocery: 1-3%. These vary significantly by business model, scale, and competitive landscape.

Pricing Strategy

To achieve a target margin, use: Selling Price = Cost / (1 - Margin%). For example, to achieve a 40% margin on a $60 cost: $60 / (1 - 0.40) = $60 / 0.60 = $100. To achieve a target markup: Selling Price = Cost × (1 + Markup%). For a 50% markup: $60 × 1.50 = $90.

Frequently Asked Questions

Profit margin is the percentage of revenue that remains as profit. Gross margin = (Revenue - Cost) / Revenue x 100. A 40% margin means you keep $0.40 of every dollar in revenue.
Margin = profit / selling price. Markup = profit / cost. Buying at $60, selling at $100: margin = 40%, markup = 66.7%. Margin is always less than markup for the same transaction.
It depends on your industry. Software: 70-90%. Retail: 2-5%. Restaurants: 3-9%. Manufacturing: 5-10%. Compare to your industry's average rather than a universal standard.
Selling Price = Cost / (1 - Target Margin). For a 40% margin on a $60 cost: $60 / (1 - 0.40) = $100. Use the "Quick Tools" section above for instant calculations.