Inside the normal range
You're taking 8% of revenue — $245,440
Owners of electrical contractors typically take 8–18% of revenue, which at your size is $245,440–$552,240.
The math
- $245,440 ÷ $3,068,000 = 8% of revenue
- 8–18% of $3,068,000 = $245,440–$552,240
That's in line with, or above, what owners of electrical contractors your size take. Worth checking the business still clears a profit after it.
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?
- Revenue per electrician calculator for a electrical contractorHow much revenue should each electrician bring in?
- Electrical contractor labor cost calculatorWhat percentage of revenue should labor be for a electrical contractor?
- Electrical contractor break-even calculatorHow much does my electrical contractor need to make to break even?
Common questions
- How much should a electrical contractor owner pay themselves?
- Owners of electrical contractors typically take 8–18% of revenue, which on typical revenue of $3,068,000 is $245,440–$552,240 a year. Paying yourself below that range usually hides a margin problem rather than solving one.
- 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.