Meaning of the word "net margin" in English

What does "net margin" mean in English? Explore the meaning, pronunciation, and specific usage of this word with Lingoland.

net margin

US /nɛt ˈmɑːrdʒɪn/
UK /nɛt ˈmɑːrdʒɪn/

Noun

the percentage of revenue left after all expenses, including taxes and interest, have been deducted from sales

Example:
The company's net margin improved significantly this quarter.
A high net margin indicates efficient management and strong profitability.