Profit Margin is a profitability ratio calculated by dividing net profits by revenues. It helps in assessing the efficiency of a business in converting sales into actual profit. This metric is often used by investors and analysts to gauge the financial health and profitability of a business over time.
A 2026 buyer's guide to the best construction accounting software for contractors. Compare QuickBooks Online, Intuit Enterprise Suite, Sage Intacct Construction, Acumatica, Foundation, NetSuite, Knowify, Procore, and more from RedHammer, Intuit's IES implementation partner.
Read MoreIES Winter 2026 delivers construction beta with project phases, cost groups, AIA invoicing, and negative change orders, plus parallel approvals, AI agents, BI tools, and MAC migration support. RedHammer breaks down every feature with honest takes on what still needs work.
Read MoreIntuit launches its first industry-specific ERP for construction. The IES Construction Edition covers the full project lifecycle—from proposals to AIA invoicing—with AI-powered tools and multi-entity support, putting traditional construction platforms on notice.
Read MoreRedHammer and Hammr partner to connect construction payroll, time tracking, and compliance to clean job costing, WIP, and reporting. Contractors capture labor correctly in the field and map it into accounting for faster close, clearer margins, and earlier project visibility.
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