Concrete profit margin benchmarks
The IRS reports what one-owner businesses filing Schedule C earn, by sector. Concrete falls under Specialty trade contractors. For tax year 2023, 2,521,516 returns reported $257.8 billion in receipts, $80.4 billion in cost of sales and $40.5 billion in net income less deficit (the table gives thousands of dollars):
| Benchmark | Value |
|---|---|
| Gross margin | 68.8% |
| Net margin, owner pay included | 15.7% |
| Average receipts per return | $102,220 |
| Average net income per return | $16,054 |
The owner's own draw is not an expense on a Schedule C, so that net margin is mostly the owner's wage, not profit on top of it.
Where the money goes in concrete
Concrete is materials, labor and equipment, with a big crew on pour day. Weather and short loads are risks.
For a worked example, our driveway cost calculator puts concrete driveway, installed at $8.00 to $19.00 a sq ft, typical $13.50, and treats about 50% of that as labor. On the typical price, that is about $6.75 of labor and $6.75 of materials, equipment and everything else, before your overhead and profit.
Where concrete margin leaks, and how to win it back
- Short or extra loads
- Weather delays
- Tear-out priced too low
- Base prep underestimated
- Crew size on pour day
Ways concrete contractors raise margin: order the right volume with a waste factor; price base prep from the site visit; charge for tear-out separately; schedule pours around the weather.
Check your concrete prices against the costs
The typical national prices from our sourced calculators are a check on whether your prices leave room for margin:
| Service | Typical | Range |
|---|---|---|
| Concrete driveway, installed | $13.50 | $8.00 to $19.00 a sq ft |
| Garage floor epoxy | $7.50 | $3.00 to $12.00 a sq ft |
| Tear out old driveway | $2.83 | $1.33 to $4.33 a sq ft |
| Concrete patio demolition | $1.50 | $1.00 to $2.00 a sq ft |
| Concrete cleaning | $0.32 | $0.30 to $0.40 a sq ft |
Work out the margin on each line of your menu, not just the big jobs. The usual concrete menu: concrete driveway, installed; patio slab; sidewalk or walkway; garage floor epoxy; tear out old driveway; concrete patio demolition; crack repair; slab leveling; concrete sealing; concrete cleaning.
Overhead comes out of the margin before profit. In concrete it includes general liability insurance, which Insureon's customers who are concrete contractors pay an average of $119 a month for; commercial auto at $413 a month on the same figures.
Work out your own margin
Put one recent concrete job into the calculator above, or switch it to "My margin for the year" to set your year next to the IRS benchmark. A 50% markup is a 33% margin; the markup calculator shows the rest.
Sources
- IRS Statistics of Income: Nonfarm sole proprietorships, Table 2, income statements by industrial sector, tax year 2023, checked October 9, 2026
- IRS: SOI tax stats, nonfarm sole proprietorship statistics, checked October 9, 2026
- Insureon: Insurance cost for concrete contractors, checked October 9, 2026
- HomeAdvisor, driveway installation cost, checked October 8, 2026
- HomeAdvisor, concrete driveway cost, checked October 8, 2026
- HomeAdvisor, asphalt paving cost, checked October 8, 2026
- HomeAdvisor, paver driveway cost, checked October 8, 2026
- HomeAdvisor, asphalt sealing cost, checked October 8, 2026
- Fixr, driveway paving cost, checked October 8, 2026
- Fixr, asphalt driveway cost, checked October 8, 2026
- Bob Vila, asphalt driveway cost, checked October 8, 2026
- This Old House, concrete slab cost, checked October 8, 2026
- Inch Calculator, concrete calculator (waste allowance), checked October 8, 2026
- BLS Occupational Employment and Wage Statistics, May 2025 (state and national files), checked October 8, 2026
- US Census Bureau, 2020 ZIP Code Tabulation Area to county relationship file, checked October 8, 2026
- Bob Vila, epoxy garage floor cost, checked October 8, 2026
- This Old House, epoxy floor cost, checked October 8, 2026
- Today's Homeowner, epoxy floor cost, checked October 8, 2026
- Fixr, concrete floor coating cost, checked October 8, 2026
- Fixr, cost to demolish a house, checked October 8, 2026
- Fixr, interior demolition cost, checked October 8, 2026
- Fixr, garage demolition cost, checked October 8, 2026
- HomeAdvisor, house demolition cost, checked October 8, 2026
- HomeAdvisor, interior demolition cost, checked October 8, 2026
- Bob Vila, cost to demolish a house, checked October 8, 2026
- Bob Vila, shed removal cost, checked October 8, 2026
- Fixr, cost to pressure wash a house, checked October 8, 2026
- Fixr, cost to pressure wash a deck, checked October 8, 2026
- Fixr, cost to pressure wash a fence, checked October 8, 2026
- Fixr, roof cleaning cost, checked October 8, 2026
- HomeAdvisor, power washing cost, checked October 8, 2026
- HomeAdvisor, driveway pressure washing cost, checked October 8, 2026
- HomeAdvisor, roof cleaning cost, checked October 8, 2026
- Thumbtack, power washing prices, checked October 8, 2026
- Bob Vila, cost to pressure wash a house, checked October 8, 2026
- Today's Homeowner, pressure washing, checked October 8, 2026
Last checked October 9, 2026. This page is general information, not legal or tax advice. Rules change and differ by state and city, so confirm with the agency named before you act.