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Finance

What is Profit margin?

Profit margin is the percentage of revenue a business keeps as profit after costs. It shows how efficiently a company turns sales into actual earnings — a higher margin means more profit from each unit of revenue.

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Key things to understand

  • 1Profit margin = profit ÷ revenue, as a percentage.
  • 2'Gross margin' counts only direct costs; 'net margin' counts all costs.
  • 3Higher margins mean more efficient, profitable operations.
  • 4Margins vary hugely by industry (software high, groceries low).

Frequently asked questions

How do you calculate profit margin?
Divide profit by revenue and multiply by 100 to get a percentage.
What's a good profit margin?
It depends on the industry; software can exceed 70%, while retail may be under 5%.
What's the difference between gross and net margin?
Gross margin counts only direct costs; net margin subtracts all expenses, including overhead and tax.

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