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Tool comparison

Clear Margins vs. Excel Spreadsheets

Both tools can run margin, ROAS, runway, and CAC math. The difference is who should build the formula — and whether building it is the highest-value use of your next 20 minutes.

Feature comparison

FeatureClear MarginsExcel / Sheets
Time to first answerUnder 30 seconds10–30 min to build and audit
Formula correctness guaranteeBuilt-in, testedManual — errors common
Markup vs. margin distinctionHandled correctly by defaultRequires correct formula
Custom multi-variable modelsNot supportedFull flexibility
Historical scenario trackingPro plan and aboveUnlimited, free
Plain-English result interpretationBuilt-in with benchmarksRequires your own analysis
Shareable read-only viewInstant link, no login requiredRequires sharing file or copy-paste
Multi-user collaborationRead-only share linksFull collaborative editing
Learning curveNoneModerate to high
Mobile-friendlyYesLimited
CostFree core tierMicrosoft 365 subscription

When to use each

Use Clear Margins when

  • You need a fast, correct answer to a single pricing or unit-economics question
  • You want a built-in plain-English benchmark to sanity-check the result
  • You're presenting to a client and want a shareable, clean read-only view
  • You've been burned by a formula error in a spreadsheet before
  • You're on mobile and need a quick check before a meeting

Use Excel or Sheets when

  • You need a multi-year model with linked assumptions
  • You want to track 20+ variables across scenarios in one file
  • You need a fully custom formula the calculators don't support
  • You're building an investor deck with a full financial model
  • Your team already lives in a shared Sheets environment

The most common Excel margin mistake

Most founders who build their own margin spreadsheet mix up markup and margin. They're not the same:

  • Markup = profit ÷ cost — e.g., cost $10, sell $15 → 50% markup
  • Margin = profit ÷ revenue — e.g., cost $10, sell $15 → 33% margin

A product with a 50% markup has a 33% gross margin — not 50%. Pricing to "50% margin" using a markup formula leaves money on the table on every sale. Clear Margins uses the correct margin formula by default, so there's nothing to audit.

Frequently asked questions

Does Clear Margins replace my financial model?

No — and it's not designed to. Clear Margins is for single-decision math: "What price do I need for 40% margin?" or "How many months of runway do I have?" For multi-year models, investor-ready financials, or scenario planning across 15 variables, a spreadsheet is still the right tool.

Can I export Clear Margins results to Excel?

Pro and Agency users can export results as CSV for use in Excel or Google Sheets. Agency users can also export as a branded PDF, which can be inserted directly into a client deck.

Is Excel better for ROAS calculations?

Excel works for ROAS math, but the break-even formula requires knowing the correct inputs and correctly accounting for COGS, fulfillment, and contribution margin. The Clear Margins break-even ROAS calculator handles all of that with a two-field input and a plain-English interpretation of the result.

Try the margin calculator — no account required.

Open Margin Calculator →See all calculators