Inside the normal range
Labor is 28% of your revenue
electrical contractors typically run 28–38%, and the best-run sit near 30%.
The math
- $859,040 payroll ÷ $3,068,000 revenue = 28%
- Typical for electrical contractors: 28–38%
You're inside the range for electrical contractors, but closer to the top of it than the bottom.
Benchmarks are our reviewed figures for electrical contractors, anchored on the 2022 US Economic Census. See the full electrical contractor breakdown →
Other calculators for electrical contractors
- Electrical contractor profit margin calculatorWhat profit margin should my electrical contractor be making?
- Electrical contractor owner salary calculatorHow much should a electrical contractor owner pay themselves?
- Revenue per electrician calculator for a electrical contractorHow much revenue should each electrician bring in?
- Electrical contractor break-even calculatorHow much does my electrical contractor need to make to break even?
Common questions
- What percentage of revenue should labor be for a electrical contractor?
- Labor typically runs 28–38% of revenue in electrical contractors, with the best-run near 30%. Above that range the cause is usually paid hours that aren't producing revenue, not wages being too high.
- Where do these benchmark figures come from?
- Revenue, headcount and revenue per person are measured by the US Census Bureau for this trade's NAICS code. The cost structure comes from our reviewed profile for electrical contractors. Every figure on this page shows the arithmetic behind it, so you can check it against what you know.
- Do I have to sign up to use this?
- No. The calculator runs entirely in your browser and nothing you type is sent anywhere. The free 90-second audit at the bottom of the page does the same comparison against your live website and local market, and that one is also free with no account.