Measure your operational performance and profitability as a driver by analyzing earnings per mile, per hour, and vehicle utilization.
We use four key metrics to determine your efficiency:
Gross Earnings Per Hour (EPH) = Total Gross Earnings / Total Hours Online
Gross Earnings Per Mile (EPM) = Total Gross Earnings / Total Miles Driven
Trips Per Hour (TPH) = Total Trips Completed / Total Hours Online
Driver Utilization Rate (%) = (Miles With Passenger / Total Miles Driven) × 100
Driver Input:
Results:
The gig economy has revolutionized transportation, offering flexibility and independence to millions of drivers. However, success in ride-sharing (via platforms like Uber, Lyft, or Bolt) requires treating driving as a small business. The Ride-sharing Productivity Calculator is an essential tool designed to help drivers move beyond simple revenue tracking and understand their true operational efficiency. While apps provide basic earnings summaries, they often obscure the costs associated with earning that money, particularly the "invisible" costs of vehicle depreciation and unpaid mileage.
This calculator focuses on two distinct categories of metrics: Time Efficiency and Asset Efficiency. Time efficiency (Earnings Per Hour) helps you compare your gig work against a traditional hourly job. However, Asset Efficiency (Earnings Per Mile) is arguably more critical for long-term profitability. Every mile you drive costs money—roughly $0.67 per mile according to standard IRS mileage rates. If your Gross Earnings Per Mile is too close to your operating costs, you may be borrowing equity from your vehicle rather than making a profit. The Ride-sharing Productivity Calculator brings these figures to light instantly.
Furthermore, the Driver Utilization Rate offers a tactical view of your strategy. A low utilization rate implies you are spending too much time driving to pickups or waiting for rides—activities that pay nothing. By analyzing these numbers, you can adjust your strategy: perhaps you need to change the neighborhoods you target, adjust the times you drive, or become more selective about the trips you accept. Whether you are a full-time driver or a part-time gigger, this tool empowers you with the data needed to make smarter, more profitable decisions.
For broader economic context on how the gig economy functions, you can read about the Sharing Economy on Wikipedia. Understanding these macro trends can help you better position your personal driving business.
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Generally, you want your EPM to be at least $1.00 to $1.50 per mile. If your vehicle operating costs (gas, maintenance, depreciation) are around $0.30-$0.50 per mile, an EPM of $1.00 ensures you are actually making a profit. Anything below $0.70 per mile often means you are breaking even or losing money.
Your utilization rate tells you how much of your driving is actually paid. A rate of 50% means for every 10 miles you drive, only 5 are paid. Professional drivers aim for 60-70% utilization. If yours is low, try parking and waiting for rides instead of cruising, or reposition to busier areas.
No, this calculator shows Gross performance. To find Net Profit, you must subtract your expenses (fuel, insurance, wear and tear) from the Total Gross Earnings. However, a high "Gross Earnings Per Mile" is the best leading indicator of a high Net Profit.
Yes. The logic is identical. Instead of "Miles With Passenger," simply use "Miles With Food." The metrics for Earnings Per Hour and Earnings Per Mile apply exactly the same way to delivery drivers.