gross profit margin
A financial metric representing the percentage of revenue remaining after deducting the cost of goods sold. Used in business and accounting contexts.
Our company's gross profit margin improved by 2 percentage points year-on-year.
The formula for gross profit margin is gross profit divided by revenue.
Compound of 粗 (あら, 'gross' or 'rough') and 率 (りつ, 'rate' or 'ratio'). The term is a straightforward Sino-Japanese construction used in financial contexts.