Profit Factor Calculator
Work out your profit factor from totals, or from your win rate and averages.
Calculate Profit FactorProfit factor is one of the simplest measures of whether a trading approach has paid its way: the total of your winning trades divided by the total of your losing trades. A profit factor of 1.5 means that for every unit you lost, you made one and a half. Above 1 you are ahead before other costs, and below 1 you are behind.
Its strength is that it folds win rate and trade size into one figure. A trader who wins rarely but wins big, and one who wins often but small, can have the same profit factor, and the number shows they are equivalent. Its weakness is the other side of the same coin: it says nothing about how bumpy the road was, or how many trades are behind it.
You can calculate it two ways here. If you know your totals, enter your gross profit and gross loss. If you know only your habits, enter your win rate and your average win and average loss, and the calculator works out what profit factor they imply. The two methods agree when the numbers are consistent.
To get the totals from your own history without a spreadsheet, the trading performance analyzer calculates your profit factor, win rate and drawdown from an exchange export.
Profit factor
1.35
Winners outweigh losers
Net +1,100.00
Profit factor is gross profit ÷ gross loss, before any costs you have not already included.
A calculator uses numbers you type in. To see what your own trades actually show, upload your trade history.
Analyze my tradesHow it is calculated
From totals
Gross profit divided by gross loss, with the loss entered as a positive number.
From rates
(Win rate × average win) divided by (loss rate × average loss). This is the same ratio, written in terms of how often and how much.
Reading the result
Above 1, winners outweigh losers in total. Below 1, the reverse. At 1 you are breaking even before costs.
What it leaves out
Fees, funding and slippage unless they are already inside your figures, and the number of trades behind it. A profit factor from a handful of trades is weak evidence. See expectancy for the per-trade version.
Frequently asked questions
What is a good profit factor?
There is no universal threshold. Anything above 1 means winners outweighed losers before costs, but a figure close to 1 leaves little room for fees and bad luck. The more trades behind a number, the more you can trust it, so a modest profit factor over hundreds of trades says more than a high one over twenty.
Can profit factor be negative?
No. It is a ratio of two positive totals, so it is always zero or above. A value of zero means no winning trades, and it grows without limit as losses approach zero.
How is profit factor different from win rate?
Win rate counts how often you win. Profit factor weighs how much you win and lose, so a trader with a low win rate and large wins can have a better profit factor than one who wins often but small. That is why the two should be read together.
Does it include fees?
Only if you include them in the totals or averages you enter. Subtract fees from your gross profit and add them to your gross loss for a net profit factor.
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Holdy Lab content is educational and is not financial advice. Results describe the data you provide; they do not predict future results.