Discover the difference between gross and net profit margins by exploring how each impacts a company's financial health and profitability.

In the United States, small businesses can choose from one of several inventory accounting methods, including "first in first out," or FIFO; "last in first out," or LIFO; and average cost. Each of ...

Gross profit calculates as revenue minus the cost of goods sold (COGS). Gross profit margin, a percentage, helps compare profitability across companies. High gross profit indicates a company's ...

A company determines its gross profit by taking its sales revenue, and then subtracting the cost it paid to obtain the goods it sold. For example, if it cost a bookstore $7 to obtain a book from a ...

Fourth Quarter 2024 Financial HighlightsUnderlying operating results for the fourth quarter of 2024 were stronger than anticipated due to better-than-expected shipment levels as well as gross profit ...