Field glossary
Margin
The share of the final price left after cost, as a percentage of price. Always a smaller percent than the markup for the same job.
Used across 4 Anvilfield field guides, most in HVAC.
Also defined as
- Concrete: Profit as a percentage of the selling price, equal to markup divided by one plus markup
- Landscaping: Profit as a percentage of the selling price, the number you actually keep
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