Metrics for evaluating financial performance are used by businesses to assess their financial health. This includes tracking the performance of key indicators such as revenue, profits and cash flow. Additionally, a company may look at measures such as costs, expenses, return on investments, debt levels and customer satisfaction. By using these metrics, a business can identify areas for improvement and set goals for success. Financial metrics can also be used for benchmarking purposes to compare a company’s financial performance with its peers. Ultimately, effective management of financial performance allows businesses to stay competitive and profitable in the long term.