The Mudcat Café TM
Thread #113173   Message #2402776
Posted By: dick greenhaus
31-Jul-08 - 10:01 PM
Thread Name: BS: Exxon Mobil Corp. Record profits
Subject: RE: BS: Exxon Mobil Corp. Record profits
Profit, as a percent of revenue, is a VERY misleading statistic. If you have sufficient volume, as is the case with operations like oil companies and supermarkets, a very small percentage profit is a whale of a lot of money. Return on Investment is a much better measure.