Cabinet Shop OwnerShop tools

Markup and Gross-Margin Converter

See the difference between markup on cost and margin on selling price before you quote a job.

Shared shop rates

Save rates once and apply them when needed. Labor is cost per productive person-hour; overhead is separate. Values are stored only in this browser.

Your worksheet

Example inputs. Replace them with your shop’s numbers.

Results

For gross margin, enter direct cost of goods sold. If your cost basis includes allocated overhead, the result is a margin after those listed costs.

How this is calculated

  • Markup = profit ÷ cost. Margin = profit ÷ selling price.
  • Price with markup = cost × (1 + markup). Price with target margin = cost ÷ (1 − margin).
  • Equivalent margin = markup ÷ (1 + markup). Equivalent markup = margin ÷ (1 − margin).

All money inputs use USD. Calculations retain full precision; displayed amounts are rounded. Drafts save on this device when browser storage is available. Export your worksheet to keep a separate copy.