Operating Yield 9 implied HN points • 10 May 23 💼 Business Efficiency Metrics Benchmarking SaaS Investing Operating Yield compares a company's Net New ARR production to its total expenses, showing efficiency in growth. Operating Yield can be used on any SaaS business, making it a versatile efficiency metric. Operating Yield, along with Magic Number and Efficiency Score, forms a comprehensive analysis trifecta for evaluating growth efficiency.