Meaning of the word "profit margin" in English

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

profit margin

US /ˈprɑː.fɪt ˌmɑːr.dʒɪn/
UK /ˈprɑː.fɪt ˌmɑːr.dʒɪn/
"profit margin" picture

Noun

1.

the amount by which revenue from sales exceeds costs in a business

Example:
The company's profit margin increased significantly last quarter.
They operate on a very thin profit margin.
Learn This Word at Lingoland