Lesson 3: Margins and What They Reveal. Gross, operating, and net margin — three percentages that explain different parts of the business.
Which company is more profitable?
Trust your gut before we define a single ratio.
Assessment
A giant retailer earns $2 billion in profit; a small software firm earns $200 million. How do you fairly compare how profitable they are?
$2bn vs $200m 🤔