OVERHEAD BENCHMARKSCONCRETE CONTRACTORS$1M TO $500M+REVENUE BAND DATAGROSS MARGINNET MARGINOVERHEAD RATEOVERHEAD BENCHMARKSCONCRETE CONTRACTORS$1M TO $500M+REVENUE BAND DATAGROSS MARGINNET MARGINOVERHEAD RATE
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Concrete Contractors · Flatwork · Structural · Tilt-Up — Overhead Rate Benchmarks — By Revenue Band

Concrete Contractor
Overhead Rate.

Concrete subcontractors operate labor-intensive businesses with forming equipment overhead and material coordination costs that vary significantly by scope. Here is what normal overhead looks like for concrete contractors at every revenue level.

Overhead Benchmarks — Concrete Contractors — By Revenue Band

What Normal Looks Like
At Your Revenue Level.

These benchmarks are drawn from SPM's work with commercial concrete contractors and industry data. Calculate your actual overhead rate — total G&A expenses divided by total revenue for the trailing 12 months — and compare to your revenue band below.

How to use this data: If you're above the top of the range, specific categories need review. If you're below the bottom, you may be underinvesting in systems and staff. Use the benchmark as a target range, not a single number.

$1M – $5M
Overhead Rate
13–19%
Gross Margin Target
18–25%
Net Margin Target
5–7%
Largest Overhead Driver
Labor coordination
Small concrete subs carry significant owner time in overhead alongside labor and forming costs.
$5M – $10M
Overhead Rate
11–16%
Gross Margin Target
20–26%
Net Margin Target
6–8%
Largest Overhead Driver
Supervision and PM
Adding PM and foreman infrastructure to support multiple simultaneous pours and forming operations.
$10M – $25M
Overhead Rate
10–15%
Gross Margin Target
21–27%
Net Margin Target
7–9%
Largest Overhead Driver
Equipment and forming
Concrete pumps, forms, shoring — fleet overhead grows with structural and tilt-up scope volume.
$25M – $50M
Overhead Rate
9–13%
Gross Margin Target
22–28%
Net Margin Target
8–10%
Largest Overhead Driver
Estimating staff
Dedicated estimating for complex structural and tilt-up work requires technical expertise.
$50M – $100M
Overhead Rate
8–11%
Gross Margin Target
23–29%
Net Margin Target
9–11%
Largest Overhead Driver
Safety programs
Formal concrete safety programs and OSHA compliance for elevated work and forming operations.
$100M – $500M
Overhead Rate
7–10%
Gross Margin Target
24–30%
Net Margin Target
10–12%
Largest Overhead Driver
Corporate overhead
Multi-region operations with division-level management for flatwork and structural.
$500M+
Overhead Rate
6–8%
Gross Margin Target
25–31%
Net Margin Target
11–13%
Largest Overhead Driver
Finance and legal
Scale overhead at large concrete contractor level.

Trade note for Concrete Contractors: Concrete overhead varies significantly by scope. Flatwork contractors carry lower equipment overhead than structural or tilt-up contractors. Mixing flatwork and structural in the same operation creates blended overhead that can be difficult to benchmark without separating by scope type.

Why Overhead Rate Gets Off Track

Three Reasons Your
Overhead Is Drifting.

01

Formwork Costs Aren't Allocated to Jobs

Gang forms, shoring, and bracing represent significant capital. When forming costs are carried in overhead rather than allocated to the jobs using them, overhead inflates and job margins are understated.

02

Material Coordination Gets Buried

Ready-mix scheduling, admixture management, and pour coordination labor often gets coded to overhead rather than to the jobs requiring it. For high-volume concrete contractors, this miscode is material.

03

Pump and Equipment Cost Sits in Overhead

Concrete pumps and specialized placing equipment used on specific jobs should be allocated to those jobs. When they sit in overhead, high-pump jobs look more profitable than they are.

How SPM Manages It

Overhead Rate as a
Managed Number.

Scope-Specific Cost Code Structure

SPM builds separate cost code structures for flatwork, structural, and specialty concrete in ControlQore so overhead benchmarks can be compared at the scope level — not blended across project types with different cost structures.

Forming and Equipment to Jobs

Forming and placing equipment costs are allocated to specific jobs via internal rates in ControlQore. Equipment overhead drops out of G&A and into direct job cost where it belongs.

Monthly Overhead vs. Revenue Band Benchmark

Your overhead rate is tracked monthly and compared to the concrete contractor benchmark for your specific revenue band. When it drifts above range, SPM identifies whether the driver is equipment, labor overhead, or administrative costs.

Service Tiers

Two Ways to
Work With SPM.

Core Financial
From $1,900/mo
  • ControlQore setup and management
  • Job costing aligned to your estimates
  • Bookkeeping and bank reconciliations
  • AR and AP management
  • Monthly overhead rate tracking
  • 1 monthly CFO meeting
  • 60-day onboarding
Executive Financial
From $2,900/mo
  • Everything in Core Financial
  • Monthly WIP schedule
  • 13-week cash flow forecast
  • CEO Report and financial dashboard
  • 3 monthly CFO advisory meetings
  • Overhead rate vs. benchmark monthly
  • Direct access to Josh
Common Questions

Straight Answers.

How do I calculate my overhead rate?
Add up every expense that isn't a direct job cost for the trailing 12 months — office staff, rent, insurance, equipment payments not allocated to jobs, vehicles, software, marketing. Divide by total revenue for the same period. That percentage is your overhead rate. Compare it to the benchmark for your revenue band above.
Does SPM serve concrete contractors at all revenue levels?
SPM's direct engagement covers $1M–$12M in revenue. The benchmark data on this page covers the full revenue spectrum for reference. For contractors above $12M, SPM can make the right introduction to firms that specialize at larger scale.

IS YOUR OVERHEAD
IN RANGE?

Find out in a free 30-minute call. Josh will tell you straight where your overhead rate stands and what to do about it.

Schedule a Free Call →
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