Free 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.
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.
Job Profit Calculator results
Fill in the details and select Calculate to see your figures.
Win more of the jobs you quote.
Tradehand is the software your trade business runs on, with an assistant that answers every call and message, sends your quotes the same day and chases them until they land. The first £10,000 Tradehand collects for a business carries no Tradehand fee. After that, Tradehand earns 5% of collected invoice payments. No monthly fee, setup fee, card fee or contract.
Get startedHow to use the Job Profit Calculator
- 1Enter the price you quoted (or invoiced) for the job, excluding VAT.
- 2Add your material costs for the job.
- 3If you used a subcontractor or paid a mate, enter their cost.
- 4Enter the total hours you worked on the job, including travel and prep.
- 5Review your profit, margin, and effective hourly rate to see if the job was worth it.
How the Job Profit Calculator works
Job profit is what is left after every direct cost comes out of the invoice. Dividing that by the hours you actually spent reveals whether the job paid your target rate or quietly lost you money.
- You invoice a consumer unit swap at £850 (ex-VAT). Materials cost £250, you paid a mate £0, and you allocate £60 of overhead to the job.
- Profit = £850 − (£250 + £0 + £60) = £540.
- Margin = £540 ÷ £850 × 100 = 64%.
- It took 6 hours, so your effective rate is £540 ÷ 6 = £90/hour: well above a £45 target.
Count travel, buying materials and clean-up in the hours, and allocate a slice of overhead per job. A job that looks profitable on materials-and-labour alone often falls below target once real time and overhead are in.
Typical UK benchmarks
| Average Electrician Effective Hourly Rate | £45-£60/hr, average £50 (Checkatrade Electrician Hourly Rate cost guide, 2026) |
Disclaimer
This tool gives an estimate for general guidance only, based on typical UK figures and the details you enter. It is not a formal quote, survey, or professional advice. Always confirm with a qualified tradesperson before relying on any figure, as regional prices, site conditions, and current standards vary.
You do the job, Tradehand handles everything around it.
Your assistant sends the quotes, chases the invoices, books the work and keeps your customers updated. The first £10,000 Tradehand collects for a business carries no Tradehand fee. After that, Tradehand earns 5% of collected invoice payments. No monthly fee, setup fee, card fee or contract. One office hire costs about £25,000 a year, whether the invoices land or not.
Source: Office manager salary, National Careers Service
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