Free ROI Calculator

Email Marketing ROI Calculator

See how much you're making from email marketing compared with what you spend. Enter your cost and revenue to get your ROI, net return, and revenue multiple instantly.

Your email spend and email-attributed revenue must both cover the same month (or equivalent period).

$

Platform subscription, agency/freelancer fees, design, and copywriting costs.

$

Revenue you reasonably attribute to email — from your ESP or ecommerce analytics.

Add optional details for more metrics

Enter your email marketing cost and revenue above, then click Calculate My ROI.

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How It Works

Three numbers in, three (or more) numbers out — no complicated financial model.

1

Enter your cost

Enter what you spent on email marketing for a month or a single campaign.

2

Enter attributed revenue

Enter the revenue you reasonably attribute to email marketing for the same period.

3

Get your ROI

The calculator returns your ROI percentage, net return, and revenue multiple, with a plain-language read on what it means.

What Is Email Marketing ROI?

Email marketing ROI measures how much revenue your email marketing generates relative to what you spend on it. It's expressed as a percentage — a 300% ROI means you made back your cost plus three times more on top of it.

It's one of the simplest ways to see whether your email marketing is pulling its weight, but it's a revenue-based measure, not a full profitability measure — see the note below on what it doesn't account for.

How to Calculate Email Marketing ROI

ROI = ((Revenue − Cost) / Cost) × 100

Example: $500 email marketing cost and $2,000 in email-attributed revenue gives ((2,000 − 500) / 500) × 100 = 300% ROI.

What Should You Include in Email Marketing Costs?

  • Email platform subscription or software cost
  • Email-specific agency or freelancer fees
  • Email design costs
  • Copywriting costs
  • Other tools used specifically for email marketing

You don't need to itemize every cost — just use a consistent period and be reasonably thorough.

How Should You Measure Email Revenue?

Use revenue you reasonably attribute to email marketing — from tracked email links, your ecommerce analytics platform, or your email platform's own attribution reporting. Not every sale that happens after an email was necessarily caused by it, so treat this as an estimate rather than an exact figure.

What Is a Good Email Marketing ROI?

There's no single number that applies to every business. What counts as a good ROI depends on:

  • Business model
  • Gross margins
  • Customer lifetime value
  • Acquisition costs
  • Attribution method
  • Email platform and team/agency costs
  • Campaign objectives

Example Scenarios

These are illustrative examples that follow the same formula as the calculator above — not guaranteed results for your business.

Newsletter Business

Cost: $100/month · Revenue: $600/month

500% ROI

Ecommerce Business

Cost: $500/month · Revenue: $2,500/month

300% ROI

Negative Return

Cost: $500/month · Revenue: $350/month

-30% ROI

Frequently Asked Questions

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