Percent profit margins can be used in an organization to measure the profitability of its products or services. It is calculated by dividing the profit by revenue and multiplying by 100. This metric can help data analysts identify which products or services are more profitable and which ones need improvement.
By tracking changes in profit margins over time, analysts can also monitor the effectiveness of cost-cutting measures or pricing strategies. In this video, Sam will show how you can calculate percent profit margins in Power BI using DAX.
*****Video Details*****
00:00 Introduction
00:40 Data model
01:56 Total sales
02:20 Total costs using iterating function
03:14 Total profits
03:44 Percent profit margins
04:14 Uses of percent profit margins
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