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BTW, if I included the cost of my time, reloading anything wouldn't come close to being profitable. However, since I enjoy it a lot, I don't think the cost of my time is particularly relevant.

My capitol costs are also a lot lower than yours since I buy most of my stuff from Lee. Lee is about a third the cost and with the volume I do holds up very well.

Your numbers look about right except I don't include anything for brass since I buy a few boxes new each year and reuse the brass. As far as the capitol cost, I only include the dies because I figure I have recovered all the rest of the capitol costs reloading 44 special and 45 acp.

Having said that, I primarily reload 9 mm because I find reloading to be relaxing.