The system of profitability indicators in Russian and foreign practice: comparative analysis and application practice

In the current economic situation, a significant role in determining the effectiveness of the economic entity is the system of profitability indicators. In addition, profitability ratios are elements of the management system, means for identifying unused reserves and developing a program for their implementation. In this article theoretical aspects of application of system of indicators of profitability, both in domestic, and in foreign practice have been considered, and also the comparative characteristic of the considered indicators has been carried out. According to the study, it was concluded that well-known in economic theory the profitability ratios are similar among themselves, differing in kind name of indicators, and used in the calculation of profit types.