Break-Even Point

Excel Formulas › Financial

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The break-even point is how many units you must sell to cover your costs — where total revenue equals total cost. It’s a simple division: fixed costs over the contribution margin (price minus variable cost per unit).


Quick formula: for fixed costs in B1, price in B2, and variable cost per unit in B3:
=B1 / (B2 - B3)
Each unit contributes price − variable cost toward fixed costs; dividing fixed costs by that gives the break-even quantity.

Functions used (tap for the full reference guide):

The example

$10,000 fixed costs, $25 price, $15 variable cost.

AB
1Fixed costs$10,000
2Price/unit$25
3Variable cost/unit$15
4Break-even units1,000

The formula

Units needed to break even:

=B1 / (B2 - B3) // 10000 / (25 - 15) = 1000 units

How it works

Contribution margin is the key idea:

  1. Each unit sold contributes price − variable cost = $25 − $15 = $10 toward covering fixed costs (the contribution margin).
  2. To cover $10,000 of fixed costs you need 10000 / 10 = 1000 units.
  3. Below 1,000 units you lose money; above it you profit. Multiply by price for the break-even revenue (1000 × $25 = $25,000).
  4. Round up — you can’t sell a fraction of a unit to break even: =ROUNDUP(B1/(B2-B3), 0).

Break-even with a profit target: add the desired profit to fixed costs — =(FixedCosts + TargetProfit) / (Price - VarCost) tells you the units needed to hit a specific profit, not just zero.

Try it: interactive demo

Live demo

Set the numbers; see the break-even units.

Break-even: units

Variations

Round up to whole units

You can’t sell a partial unit:

=ROUNDUP(B1/(B2-B3), 0)

Break-even revenue

Units times price:

=B1/(B2-B3) * B2

Units for a target profit

Add the profit goal:

=(B1 + target) / (B2 - B3)

Pitfalls & errors

Margin of zero or less. If variable cost ≥ price, you never break even — the denominator is zero or negative. Fix pricing or costs first.

Fixed vs variable costs. Only truly fixed costs go on top; per-unit costs go in the margin. Misclassifying them skews the result.

Round up, not down. Rounding 999.x down would leave you short of covering costs — always ROUNDUP for break-even units.

Practice workbook

📊
Download the free Break-Even Point practice workbook
A break-even calculator with live units, the revenue and target-profit variants, plus 4 challenges with answers. No sign-up required.

Frequently asked questions

How do I calculate the break-even point in Excel?
Divide fixed costs by the contribution margin: =FixedCosts / (Price - VariableCost). Round up with ROUNDUP since you can't sell a partial unit.
How do I find break-even with a profit target?
Add the target profit to fixed costs: =(FixedCosts + TargetProfit) / (Price - VariableCost) gives the units needed to reach that profit.
What is the contribution margin?
It's the price minus the variable cost per unit, i.e. how much each sale contributes toward fixed costs. Break-even units equal fixed costs divided by it.

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Related formulas: Profit margin & markup · ROI & payback period · Percent change

Function references: ROUNDUP