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What does GP% stand for?

GP% stands for Gross Profit Percentage

This definition appears frequently and is found in the following Acronym Finder categories:

  • Business, finance, etc.

Samples in periodicals archive:

Selling Installment Gross Price Sale Basis Profit Land $42,000 $17,100 $24,900 Building 48,000 38,400 9,600 Goodwill 18,500 925 17,575 Total $108,500 $56,425 $52,075 The gross profit percentage (gross profit -h contract price) for the installment sale is 48 percent ($52,075/$108,500).
In comparison to the fourth quarter of 2006, the increase in gross profit percentage reflects operating efficiency improvements.
The company says the furniture and cabinet segment's gross profit percentage increased, while the electronic contract assemblies segment's gross profit percentage decreased from the prior year.
A gross profit percentage is applied to sales to obtain cost of goods sold.