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Companies with Highest Profit Margins
By New Academy of Finance  •  May 18, 2023
table of Contents Companies with Highest Profit Margins In every well-run business, profit margins matter. Profit margin is the percentage that a company generates in profits for every dollar of revenue. Profit margin = Profit / Revenue Take for example, a company that can earn $20 in profit for $100 of sales will have a profit margin of $20/$100 = 20%. Now, some of you might be wondering, is there a “magical figure” that dictates profit margin excellence in a company? Unfortunately, judging if a company’s profit margin is good might be rather subjective and could also differ from industry to industry. Take, for example, a company operating in the software system industry with a 20% profit margin that might be seen as average to mediocre, perhaps. However, that 20% figure, when generated
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By New Academy of Finance
I have got no sob-stories to entertain ya. I am just a regular joe, happily married, with two “highly energetic” young boys that can never seem to settle down! Life is peaceful, or if you wish to put it with a tad of negative connotation to it, BORING. Some say boring is good!
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