Revenue and Profit per Shoot

Excel Formulas › Photography & Creative

All versionsAVERAGEIF

Revenue per shoot — total revenue over shoots booked — and average profit per shoot tell you which session types and price points actually build the business.


Quick formula: average revenue per shoot:
=total_revenue / shoots
Total revenue over the number of shoots gives the average booking value. Use AVERAGEIF to split by type.

Functions used (tap for the full reference guide):

The example

$24,000 over 40 shoots.

AB
1ItemValue
224000 / 40—
3Per shoot→ $600

The formula

The formula:

=total_revenue / shoots // revenue ÷ shoots

How it works

How it works:

  1. Divide total revenue by shoots booked for average revenue per shoot.
  2. Use AVERAGEIF by session type to compare weddings, portraits, and minis.
  3. Subtract average cost for profit per shoot — the number that ranks session types.
  4. Multiply by target shoots to forecast revenue.

Average per shoot exposes your real product mix. A studio “doing well” on volume might be averaging $300/shoot on draining mini-sessions while a handful of $2,000 weddings carry the profit. Splitting revenue (and profit) per shoot by type with AVERAGEIF tells you which work to chase and which to retire — the headline total hides that completely.

Try it: interactive demo

Live demo

Total revenue and shoots.

Per shoot:

Variations

By session type

Compare offerings:

=AVERAGEIF(type, "Wedding", revenue)

Profit per shoot

Net the cost:

=(total_revenue - total_cost) / shoots

Revenue forecast

Plan the year:

=avg_per_shoot * target_shoots

Pitfalls & errors

Count shoots, not sessions. Decide what one shoot means consistently.

Revenue vs profit. Per-shoot profit ranks types better than revenue.

Zero shoots. No bookings gives #DIV/0!.

Practice workbook

📊
Download the free Revenue and Profit per Shoot practice workbook
A revenue-per-shoot sheet with the by-type, profit, and forecast variants, plus 4 challenges with answers. No sign-up required.

Frequently asked questions

How do I calculate revenue per shoot in Excel?
Divide total revenue by shoots: =total_revenue / shoots. $24,000 over 40 shoots is $600.
How do I compare session types?
Use AVERAGEIF by type: =AVERAGEIF(type, "Wedding", revenue) to see which offerings earn most.
Why look at profit per shoot, not revenue?
High-revenue session types can be low-profit after costs. Profit per shoot ranks what's actually worth booking.

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Related formulas: Session price with cost · CODB hourly rate · Average by group

Function references: AVERAGEIFSUMIF