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They're not the same thing. A 50% markup is only a 33% margin. Calculate the right numbers so you don't leave money on the table.
Common Markups
💡 The Costly Mistake
Many contractors think a 50% markup means they keep 50¢ of every dollar. Wrong. A 50% markup = 33.3% margin. You only keep 33¢ per dollar. Always price based on margin.
A printable markup/margin reference table for your office wall.
Summit's quote calculators automatically apply your target margin to every estimate.
Get Your Free DiagnosticSimply fill in the fields above with your project details. The tool will generate results in real time. You can adjust inputs, preview results, and download or email the output when finished.
Yes — enter your email and we will send you a copy. You can also screenshot or print the results directly from the page.
Completely free, no credit card required. We built these tools to help contractors and home service businesses run more efficiently.
Upload a floor plan. AI counts fixtures and generates labor/material estimates instantly.
Upload a photo of an HVAC/Panel sticker. AI extracts specs and cross-references live databases.
Upload a yard photo. AI generates an 8k render of the completed installation with dynamic pricing.
This free Markup Margin Calculator is just the start. Summit embeds AI-powered quote calculators on your site — so homeowners get instant pricing while you sleep.
Takes 60 seconds · Free · No credit card
Summit embeds your margins into AI quote calculators — customers get instant pricing, you protect profit.
Upload a floor plan. AI counts fixtures and generates labor/material estimates instantly.
Upload a photo of an HVAC/Panel sticker. AI extracts specs and cross-references live databases.
Upload a yard photo. AI generates an 8k render of the completed installation with dynamic pricing.
Our calculators use real-time regional data, current material prices, and local labor rates to provide estimates typically within 10-15% of actual contractor quotes. Results are best used as a budgeting baseline.
Yes — after completing a calculation, you can email yourself a detailed PDF breakdown or share a link with your team. Results include line-item costs, material quantities, and recommended next steps.
Our pricing database is refreshed quarterly using data from contractor networks, material supplier APIs, and Bureau of Labor Statistics wage data to ensure accuracy.