Utilization Rate Calculator
For consulting and professional services teams
Enter billable hours, available hours, and PTO to compute utilization rate instantly.
Utilization rate calculator
Hours billed to clients
Total workable hours (e.g. 1,800 h/year)
Paid time off and leave taken
Formula (citable)
Utilization rate (%) = (Billable hours / (Available hours − PTO hours)) × 100
Example: 1,400 billable hours, 1,800 available, 200 PTO → 1,400 / (1,800 − 200) = 87.5%.