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What Is a Good Profit Margin?

As a rough rule, a net profit margin around 10% is considered average, 20% or more is good, and under 5% is low — but it varies widely by industry. Margin is the share of revenue left as profit after costs.

By Priya Nair, MBA, Finance & Strategy · Updated Jun 2026 · 1 min read

What is a good profit margin? As a rough rule, a net profit margin around 10% is considered average, 20% or more is good, and under 5% is low — but it varies widely by industry. Margin is the share of revenue left as profit after costs.

Profit margin shows how much of each rupee of sales you keep as profit. What counts as 'good' depends heavily on your industry — software runs high margins, while retail and food run thin — so always compare against your sector.

Profit margin ranges

Profit marginRatingWhat it means
20% and aboveGoodHealthy profitability for most businesses.
10–20%AverageTypical for many established businesses.
5–10%LowThin; common in high-volume, low-margin sectors.
Below 5%Very lowLittle cushion; vulnerable to cost rises.

What affects your profit margin

  • Pricing — higher prices lift margin if sales hold
  • Cost of goods — cheaper inputs widen margin
  • Overheads — rent, salaries and marketing eat into it
  • Industry — margins differ hugely by sector
  • Scale — volume can lower per-unit cost

How to improve it

  • Review pricing against value and competitors
  • Negotiate supplier and input costs
  • Cut waste and unnecessary overheads
  • Focus on higher-margin products or services

Work out your own numbers — the Profit Margin Calculator does it instantly, for free, with the formula and a worked example built in.

Continue exploring business calculators with these tools: Discount Calculator, Price Elasticity of Demand Calculator, Gross Profit Calculator, ROI Calculator, Days Sales Outstanding (DSO) Calculator.

Calculators in this guide

Frequently asked questions

Around 10% is considered average and 20%+ good across many industries, but it varies a lot — compare your margin against typical figures for your specific sector.

Margin is profit as a percentage of selling price; markup is profit as a percentage of cost. The same profit gives a higher markup number than margin number.

Profit Margin vs Markup: What's the Difference?

Margin and markup are easy to confuse but mean very different things — and mixing them up can quietly destroy your pricing. Here's how each works, how to convert between them, and how to price for profit.

4 min read

Priya Nair · MBA, Finance & Strategy

Priya Nair is a business analyst and MBA who advises small businesses and startups on pricing, unit economics and growth metrics.