enhance profitability

USAGE SUMMARY

The phrase "enhance profitability" is correct and usable in written English.
It can be used in business contexts when discussing strategies or actions aimed at increasing profits. Example: "Our new marketing campaign is designed to enhance profitability by attracting more customers."

✓ Grammatically correct

News & Media

Science

Formal & Business

Human-verified examples from authoritative sources

Exact Expressions

13 human-written examples

Here we go again: another mega-merger to cut costs and enhance profitability.

The New York Times

Mr. Nesbit said the company was "focused on brand positioning, marketing and distribution strategies in order to maintain growth and enhance profitability".

The New York Times

Daewoo will outline a restructuring plan by the end of the month and will adopt stronger reorganization measures starting in November in a bid to enhance profitability, it said.

The New York Times

Sam Buttrick, who follows the airline industry for PaineWebber, said that although the fares "are well-crafted to fill a gaping hole in the price lineup, it's very doubtful the initiative will enhance profitability".

The New York Times

Hotels would like to increase their market shares and enhance profitability.

Journal of Industrial Engineering International

The Firebrick Resistance-Heated Energy Storage (FIRES) concept developed by the Massachusetts Institute of Technology aims to enhance profitability of the nuclear power industry in the next decades.

Nuclear Engineering and Technology

Human-verified similar examples from authoritative sources

Similar Expressions

45 human-written examples

Mr. Berman said the company did so because it lowered costs and thus enhanced profitability.

The New York Times

The company said in the filing that it planned to modify its popular Total Access plan before the end of the year to "strike the appropriate balance between continued subscriber growth and enhanced profitability".

The New York Times - Tech

Delta enhanced profitability by investing, months ago and more than the other airlines, in futures contracts -- in effect, buying fuel in advance at well below the current market price.

The New York Times

Whether it is placing a sponsor's name at eye level or turning a frequent-flier account into a banking tool, the airline industry's journey to enhanced profitability is far from over, Mr. Smisek said.

The New York Times

"We expect to emerge from this restructuring as a much stronger company that is well positioned for investment in growth and enhanced profitability," Gilbert M. Cassagne, the company's chief executive officer and president, said in a statement.

The New York Times

Expert writing Tips

Best practice

When discussing strategies, be specific about how the actions will directly lead to enhanced profitability. For example, instead of saying "We will enhance profitability", say "We will enhance profitability by reducing operational costs and increasing sales volume."

Common error

Avoid using "enhance profitability" as a standalone goal without outlining the practical steps. Simply stating the intention without a plan can lack credibility.

Linguistic Context

The phrase "enhance profitability" functions as a verb phrase with a noun, indicating an action (enhance) directed toward a specific outcome (profitability). Ludwig examples demonstrate its use in contexts related to business strategies and financial goals.

Expression frequency: Common

Frequent in

News & Media

30%

Science

40%

Formal & Business

30%

Less common in

Encyclopedias

0%

Wiki

0%

Reference

0%

Ludwig's WRAP-UP

The phrase "enhance profitability" is a commonly used and grammatically correct expression in business and finance, as validated by Ludwig. It serves to communicate the goal of improving a company's financial performance and is frequently found in news reports, scientific publications, and formal business documents. While "enhance profitability" is generally professional in tone, alternative phrases like "improve profit margins" or "boost earnings" can provide subtle differences in meaning. Remember to support your intent to "enhance profitability" with specific strategies and actionable plans.

More alternative expressions

Phrases that express similar concepts, ordered by semantic similarity:

improve profit margins

Focuses specifically on the ratio of profit to revenue.

boost earnings

Emphasizes an increase in overall income.

maximize revenue

Highlights increasing total income, which can lead to increased profitability.

increase financial gains

A more general term for improving financial outcomes.

optimize financial performance

Suggests making the financial results as good as possible.

grow the bottom line

Refers to increasing net income.

drive financial growth

Emphasizes the impetus behind increasing financial success.

build shareholder value

Focuses on increasing the worth of the company for its owners.

strengthen financial position

Implies making the company's financial standing more secure.

secure greater profits

Indicates ensuring that more profits are obtained.

FAQs

How can I use "enhance profitability" in a sentence?

You can use "enhance profitability" when describing actions or strategies intended to increase profits. For example: "The company aims to "enhance profitability" through cost reduction and improved marketing."

What are some alternatives to "enhance profitability"?

Some alternatives include "improve profit margins", "boost earnings", or "maximize revenue", depending on the specific context.

Is it better to say "enhance profitability" or "increase profits"?

"Enhance profitability" often suggests a more strategic and holistic approach to improving financial performance, while "increase profits" is a more direct and general statement. The best choice depends on the nuance you want to convey.

What's the difference between "enhance profitability" and "maintain profitability"?

"Enhance profitability" means to improve or increase profits, while "maintain profitability" means to sustain the current level of profits. They describe different objectives, one focused on growth and the other on stability.