Free Tool

Overhead Rate Calculator

Turn monthly overhead and realistic billable hours into the minimum hourly rate you need to charge — before you quote a single job.

Rent, admin, insurance, software, vehicles
$
Only people whose hours can be sold
Realistic sold hours, not scheduled
After holidays, training, downtime
Wage plus taxes and labor burden
$
% left after labor + overhead
%

Your Numbers
Target Charge Rate
Break-Even Rate
Overhead / Billable Hour
Annual Overhead
Annual Billable Hours
Loaded Labor + Overhead

How the Math Works

1
Annual billable hours = field staff × sold hours per week × work weeks. Most shops overstate this by counting scheduled instead of sold hours.
2
Overhead per hour = annual overhead ÷ annual billable hours.
3
Break-even rate = loaded labor cost + overhead per hour. Charge below this and you lose money on the clock.
4
Target charge rate = break-even rate ÷ (1 − target profit). That's the floor you should quote from.
Example: $12,000/mo overhead = $144,000/yr. 2 techs × 28 sold hrs × 48 weeks = 2,688 hrs. Overhead per hour ≈ $53.57; add $38 labor for a $91.57 break-even rate.

Build the Rate Into Every Job

Our Flat Rate Price Books bake your labor rate, overhead, and margin into 1,410+ pre-priced services — so the floor is built in instead of recalculated every week.

See Price Books