Free Contractor Tool

Contractor True Hourly Rate & Margin Calculator

Most contractors undercharge because they divide overhead by 40 billable hours. In reality, windshield time and bidding leave only 20–26 billable hours a week. Calculate your true required rate below.

Quick Presets:
$100,000
$25,000
40 hrs
48 wks
14 hrs/wk
20%
0 Helpers
Required Billable Rate
$125 / hr
Breakeven Rate (0% Profit)$100/hr
Target 8-Hour Day Rate$1,002
Actual Billable Hours26 hrs/wk (1248 yr)
Annual Gross Target$156,250
Gross Revenue Distribution:
Labor (64%)
Overhead (16%)
Profit (20%)

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