Metrics & KPIs

ROAS

By the AdFlint research team · Last reviewed July 2026

Revenue attributed to advertising divided by the ad spend that produced it, expressed as a ratio or multiple of spend.

It compares topline revenue against media cost and ignores everything else: margin, shipping, returns, fulfillment, and the fixed cost of operating. It also inherits every weakness of the attribution feeding its numerator. The most common misreading is taking a strong platform figure as proof of profit, when the same customers may well have purchased without ever seeing the ad.

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ROAS compared with

The settings this gets confused with, and how to tell them apart.

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