Markup and margin are not the same
A markup is a percent of the cost. A margin is a percent of the price. So the same profit in dollars is a smaller margin than markup.
Sources
- California Contractors License Law & Reference Book, 2026 Edition (CSLB), 41-42, 34-36 (read November 13, 2026)
Reviewed November 13, 2026. Published by ContratistaListo. The sources above are the authority. This is a summary in our own words: check the source before you act on it.