Free tool

Customer Lifetime Value (CLV) Calculator

Estimate the gross-margin value of a customer over their whole relationship — the number that sets your acquisition budget.

Customer lifetime value
$800
Avg. lifespan
20 months

CLV sets your acquisition ceiling

If a customer is worth $800 in gross margin over their lifetime, you can rationally spend up to that to acquire them — minus the profit you want. CLV turns retention and margin into a single budgeting number.

Retention is the biggest lever

Because CLV divides by churn, a small retention improvement moves it a lot. Cutting monthly churn from 5% to 4% lifts lifetime from 20 to 25 months — and CLV with it. Pug's retention cohorts show where that churn actually happens.

Frequently asked questions

How do you calculate customer lifetime value?
A common formula is CLV = (average revenue per customer per month × gross margin) ÷ monthly churn rate. Dividing by churn captures how long customers stay — lower churn means a longer lifetime and higher CLV.
Why include gross margin?
Revenue is not profit. Multiplying by gross margin gives the value you actually keep from each customer, which is what you can afford to spend acquiring them.
How does CLV relate to CAC?
CLV is the ceiling on what you can pay to acquire a customer. A healthy business keeps an LTV:CAC ratio of roughly 3:1 or better — see the CAC calculator.

Put it to work with Pug.

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