diff --git a/makefile b/makefile
index 38e4a35..a251699 100644
--- a/makefile
+++ b/makefile
@@ -37,6 +37,10 @@ test:
 deps:
 	python -m pessimist -c 'python -m $(SRCS).tests' --requirements= --fast .
 
+.PHONY: benchmark
+benchmark:
+	python -m $(SRCS).tests.benchmark
+
 .PHONY: html
 html: .venv README.md docs/*.rst docs/conf.py
 	source $(ACTIVATE) && sphinx-build -ab html docs html
diff --git a/ufmt/tests/benchmark.py b/ufmt/tests/benchmark.py
new file mode 100644
index 0000000..41f1dc6
--- /dev/null
+++ b/ufmt/tests/benchmark.py
@@ -0,0 +1,81 @@
+# Copyright Amethyst Reese, Tim Hatch
+# Licensed under the MIT license
+
+import time
+from pathlib import Path
+from typing import Any, List
+
+from typing_extensions import Self
+
+from ufmt import ufmt_file, ufmt_paths
+
+ROOT = Path(__file__).parent.parent.parent
+
+
+class Benchmark:
+    def __init__(self, target: int = 5) -> None:
+        self.target = target
+        self.last_time: int = 0
+        self.title: str = ""
+        self.totals: List[int] = []
+
+    @classmethod
+    def fields(self) -> str:
+        headline = f"{'benchmark':^40}  {'min':^10}  {'mean':^10}  {'max':^10}"
+        underline = "-" * len(headline)
+        return f"{headline}\n{underline}"
+
+    def results(self) -> str:
+        totals = self.totals
+        short = min(totals)
+        long = max(totals)
+        avg = sum(totals) // len(totals)
+        fields = "  ".join(f"{value // 1000:>7} µs" for value in (short, avg, long))
+        return f"{self.title + ':':<40}  {fields}"
+
+    def __enter__(self) -> Self:
+        print()
+        print(self.fields())
+        return self
+
+    def __exit__(self, *args: Any) -> None:
+        print()
+
+    def __call__(self, name: str) -> Self:
+        self.title = name
+        return self
+
+    def __iter__(self) -> Self:
+        self.last_time = 0
+        self.totals = []
+        return self
+
+    def __next__(self) -> None:
+        now = time.monotonic_ns()
+        if self.last_time > 0:
+            self.totals += [now - self.last_time]
+        if len(self.totals) >= self.target:
+            print(self.results())
+            self.totals = []
+            self.title = ""
+
+            raise StopIteration
+        self.last_time = time.monotonic_ns()
+
+
+def benchmark() -> None:
+    ufmt_dir = ROOT / "ufmt"
+    ufmt_core = ufmt_dir / "core.py"
+    assert ufmt_dir.is_dir(), f"{ufmt_dir} not found, must run benchmark from repo"
+
+    with Benchmark() as benchmark:
+
+        for _ in benchmark("ufmt_file"):
+            ufmt_file(ufmt_core, dry_run=True)
+
+        for _ in benchmark("ufmt_paths"):
+            list(ufmt_paths([ufmt_dir], dry_run=True))
+
+
+if __name__ == "__main__":
+    benchmark()