Tool 05 · Profit

Construction Job Profit Variance Calculator

Compare estimated and actual direct costs to see the gross profit, margin, and cost category behind a job's variance.

  • Math shown
  • Local calculation
  • No signup
DecisionWhere did this job's expected gross profit move?

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Enter your numbers

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Your result

Actual gross profit$17,500.00
Actual gross margin
23.3%
Profit below estimate
$4,500.00
Direct-cost overrun
$4,500.00

Planning estimate based only on the values above. Inputs remain in this browser and are not submitted.

Method

How the calculation works

  1. Expected gross profit = revenue − estimated direct costs
  2. Actual gross profit = revenue − actual direct costs
  3. Profit variance = expected profit − actual profit

Worked example

A $75,000 job with $53,000 estimated direct cost expected $22,000 gross profit. If actual direct cost reaches $57,500, gross profit falls to $17,500.

Read the full methodology

Know the boundary

What this estimate does not decide

  • Unapproved change work and incomplete cost postings can distort the comparison.
  • Gross profit still has to recover any company overhead not allocated to the job.

Questions

Bid vs. actual FAQ

Is a positive cost variance good or bad?

This tool labels cost overrun as a positive dollar amount when actual cost exceeds estimate; it is profit leakage, not favorable performance.

Should I include overhead?

Include job-specific and allocated overhead only if the estimate and actual cost records treat it consistently.