Meaning of the word profitability in English

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

profitability

US /ˌprɑː.fɪ.t̬əˈbɪl.ə.t̬i/
UK /ˌprɒf.ɪ.təˈbɪl.ə.ti/

Noun

the degree to which a business or activity yields profit or financial gain.

Example:
profitability may not improve until well into next year