Profit margin is the ratio of a company’s profits to its revenue. For example, if a company spends $450 million and has $500 million in revenue, it has $50 million in profit against $500 million in revenue. In that case, its profit margin is 10%.
Aug 4, 2022
Profit margin is the ratio of a company’s profits to its revenue. For example, if a company spends $450 million and has $500 million in revenue, it has $50 million in profit against $500 million in revenue. In that case, its profit margin is 10%.
