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Labor & Overhead Costs3 formulas shown

Contractor Overhead Calculator

Insurance, truck, tools, phone, software, accounting — it all has to come out of job revenue. Total your monthly overhead and see it as a percentage of revenue and as a per-billable-hour rate.

Total monthly overhead $1,670.00. That is $3.34 per billable hour.

Monthly fixed costs

Cost lineMonthlyRemove
Total$1,670.00

Your business volume

Overhead per billable hour
$3.34
FormulaOverhead rate = Monthly overhead ÷ Billable hours
Your calculation$1,670.00 ÷ 500 = $3.34
Add this to your labor rate — or recover it in markup, but deliberately.
Total monthly overhead
$1,670.00
Overhead as % of revenue
Monthly overhead ÷ monthly revenue
5.6%
Overhead per billable hour
$3.34

Rule of thumb: if overhead eats more than ~25% of revenue in a small trade business, either fixed costs or utilization deserve a hard look. Whatever the number, every job price must include a slice of it.

Worked example

Landscaping: where the number comes from

A two-truck landscaping operation totals its monthly fixed costs to find the per-hour rate every job must carry.

InputValue
Monthly fixed costs$1,670 (insurance, trucks, tools, software, accounting)
Monthly revenue$30,000
Billable hours500

Result: $3.34 per billable hour of overhead to recover

Added to a $36.94 burdened labor rate, the crew's break-even labor price is $40.28/hr before any profit. At 500 hours/month that's $1,670 of overhead that must come back through prices.

Load this example into the calculator

The calculation

Monthly overhead$1,670
% of revenue$1,670 ÷ $30,000 = 5.6%
Per billable hour$1,670 ÷ 500 = $3.34/hr

How this calculator works

Every result comes from the formulas below — the math shown is the math used. Change any input and results update instantly in your browser; nothing is sent to a server.

  • Monthly overhead: Overhead = Sum of Monthly Fixed Costs
  • Overhead as % of revenue: Overhead % = Monthly Overhead ÷ Monthly Revenue × 100
  • Overhead per billable hour: Overhead Rate = Monthly Overhead ÷ Monthly Billable Hours
    Add this rate to your labor cost on every job, or recover it inside your markup — but recover it deliberately.

What the result means

The per-hour rate is the slice of rent, insurance, vehicles and software every billable hour must carry. Add it to your burdened labor rate, or recover it inside your markup — but recover it on purpose.

When to use it

Use it to see what your business costs each month independent of any job, and what every hour must carry.

Common mistakes

  • Mixing job-specific costs into overhead (double-counting) or leaving recurring costs out.
  • Never turning the total into a per-hour or per-job number, so it never gets recovered.

Frequently asked questions

How much overhead do contractors have?

Small trade businesses commonly run overhead at 10–25% of revenue, depending on vehicle fleets, shop space and office staff. The number that matters is yours: list every recurring cost that isn't tied to a specific job, total it, and divide by the revenue or billable hours that have to cover it.

What counts as overhead vs. a job cost?

Job costs are spent on a specific job: materials, subcontractors, crew wages on that site. Overhead keeps the business running regardless of any single job: insurance, rent, vehicle payments, licenses, software, bookkeeping. If a cost exists even when no job is running, it's overhead.

Next step

Know your overhead? See how many jobs a month it takes to cover it.

Find your break-even point
Contractor Overhead Calculator — Your Monthly Overhead Rate | RateCraft