Plumbing
Plumbing Net Profit Calculator
What a plumbing business keeps after both the cost of the work and the cost of running the company.
Result
Net profit here is before tax and before any owner's draw that is not already inside overhead. If you pay yourself out of what is left, this figure is your wage rather than the company's profit.
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About this calculator
Is my own pay in here?
Only if you put it in overhead. Owners who take what is left over should read this figure as their own income, not as profit the business made.
Why is net margin so much lower than gross?
Because overhead is large and fixed. That gap is the whole reason a company can be busy, price every job well, and still finish the year with nothing.
The formula
net profit = revenue - direct costs - overhead
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