Futures
Futures Contract & Tick Value Calculator
Calculate futures contract value, tick value and profit/loss per tick for ES, NQ, CL, GC and more — or enter a custom multiplier and tick size.
Contract value
$250,000.00
- Tick value
- $12.50
- Ticks moved
- —
- P&L
- —
Values are in the contract's quote currency (USD for the listed contracts).
How this is calculated
contract value = price × multiplier and tick value = tick size × multiplier. For the E-mini S&P 500 (ES) that is 0.25 × $50 = $12.50 per tick.
With an exit price, P&L is (exit − entry) ÷ tick size × tick value × contracts. Pick a listed contract to auto-fill its spec, or choose “Custom” to enter your own multiplier and tick size.
Frequently asked questions
- How is tick value calculated?
- Tick value = tick size × contract multiplier (point value). For the E-mini S&P 500 (ES) that is 0.25 × $50 = $12.50 per tick.
- How is futures P&L calculated?
- P&L = (exit − entry) ÷ tick size × tick value × number of contracts. Moving ES 10 points (40 ticks) on 1 contract is 40 × $12.50 = $500.