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  1. Home /
  2. Dictionaries /
  3. English Dictionary /
  4. key metric

key metric

/kiː ˈmɛtrɪk/
critical performance indicator

The company tracks customer retention as a key metric.

The company uses customer retention to measure success.


BusinessFinanceTechnology
formaltechnical

A critical performance indicator used to measure success or progress in a specific area.

Sales growth is a key metric for evaluating the company's performance.

Sales growth helps determine how well the company is doing.

In digital marketing, click-through rate is a key metric for ad campaigns.

Click-through rate shows how effective online ads are.

Key metrics are often used in business, finance, and technology to assess performance.

Collocations

track key metricsmonitor important performance indicatorsanalyze key metricsexamine critical data points

Synonyms

critical indicatorperformance metriccore measurement

Antonyms

minor metricnon-essential data

Related Phrases

key performance indicator (KPI)phrase
a measurable value that demonstrates how effectively a company is achieving key business objectives

Pro Tip

Choosing Key Metrics

Select metrics that directly align with your business goals.

Gold Rule

Relevance

Key metrics should be directly tied to business objectives.

Word Origin

Combination of 'key' (important) and 'metric' (measurement), popularized in business and technology contexts.

Usage Notes

Key metrics are often used in reports, dashboards, and strategic planning to evaluate success.

Word Breakdown

key
important
root
+
metric
measurement
root
English Dictionary
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