increase profitability

USAGE SUMMARY

"increase profitability" is correct and usable in written English.
It is a phrase that can be used to indicate the goal of a business or other organization to maximize its profits. For example, "The company's primary focus is to increase profitability this year".

✓ Grammatically correct

News & Media

Science

Formal & Business

Human-verified examples from authoritative sources

Exact Expressions

59 human-written examples

In addition, the firm's access to the customers' preference information can increase profitability via higher quality levels and increased market coverage.

International Journal of Production Economics

More expensive drugs increase profitability.

The Economist

For Philips, the combination is expected to increase profitability.

The New York Times

Sotheby's and Christie's are downsizing to increase profitability.

The New York Times - Arts

"But it's not a way to increase profitability.

The New York Times

Dewey has insisted that downsizing is necessary to increase profitability.

The New York Times

This has helped increase profitability from existing business from £370m to £680m".

The Guardian - Business

An ambitious low-carbon target is achievable and can dramatically increase profitability and productivity.

The Guardian

Elizabeth Carbonaro offers 10 strategies to increase profitability, including: "Duplicate your current winning strategies".

The New York Times

Lukoil has promised before to increase profitability and oil output, and many investors received today's announcement with cautious optimism.

The New York Times

The insurance business is considered soft at the moment, with companies unable to raise their prices to increase profitability.

The New York Times

Expert writing Tips

Best practice

When discussing strategies, be specific. Instead of saying "We aim to increase profitability," specify how: "We aim to increase profitability by reducing operational costs and expanding into new markets."

Common error

Avoid vague statements. Saying "This will increase profitability" without explaining how it benefits the financial outcome weakens your argument. Always provide a clear connection between actions and financial results.

Linguistic Context

The phrase "increase profitability" functions as a verbal phrase, typically serving as the object of a verb like "aim", "seek", or "help". It describes the action of making something more profitable, as supported by examples found in Ludwig.

Expression frequency: Very common

Frequent in

News & Media

47%

Science

37%

Formal & Business

16%

Less common in

Encyclopedias

0%

Wiki

0%

Reference

0%

Ludwig's WRAP-UP

The phrase "increase profitability" is a common and grammatically sound expression used to denote the act of making something more profitable. Ludwig's analysis confirms its professional register, with frequent appearances in news, science, and business contexts. To enhance clarity in writing, it's advisable to provide specific details on how profitability will be increased. Alternatives such as "boost profits" or "enhance earnings" can be used depending on the context.

More alternative expressions

Phrases that express similar concepts, ordered by semantic similarity:

boost profits

Focuses on the action of increasing profits directly.

enhance earnings

Emphasizes making earnings better or more valuable.

improve financial performance

Refers to the overall betterment of a company's financial results.

maximize revenue

Focuses on increasing the total income generated.

grow bottom line

A common business term referring to the net profit.

drive up profits

Implies an active effort to make profits rise.

optimize earnings

Suggests making earnings as effective as possible.

expand profit margins

Highlights the increase in the difference between revenue and costs.

generate more income

Simply means to create a higher amount of revenue.

unlock greater profitability

Suggests revealing or accessing a level of profitability that was previously unattainable.

FAQs

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

You can use "increase profitability" to describe actions or strategies aimed at improving a company's financial gains, such as "The new marketing campaign is designed to "increase profitability" by attracting more customers".

What are some alternatives to saying "increase profitability"?

Alternatives include "boost profits", "enhance earnings", or "improve financial performance", depending on the specific context.

Which is correct: "increase profitability" or "increase in profitability"?

"Increase profitability" is generally more concise and direct. "Increase in profitability" is also grammatically correct but can sometimes sound less natural. Choose the option that best fits the flow of your writing.

What's the difference between "increase profitability" and "maximize profit"?

"Increase profitability" implies raising the level of profit, while "maximize profit" suggests achieving the highest possible profit level. Maximizing is a specific target, while increasing is a general direction.