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How to Create Custom Metrics

Create your own custom metrics

Ron Dahan avatar
Written by Ron Dahan
Updated over 2 weeks ago

Custom Metrics allow you to create your own performance metrics by combining existing Meta metrics with mathematical operations. This is useful when you need to track KPIs that are specific to your business.

Getting Started

  1. Navigate to SettingsSpaceCustom Metrics

  2. Click the "Add Custom Metric" button

Create your custom metric

Step 1: Name Your Metric

Enter a descriptive name for your custom metric (e.g., "Efficiency Score", "Blended CPA", "Profit Margin").

Step 2: Choose Display Format

Select how the metric value should be displayed:

  • Currency ($) - For monetary values

  • Percentage (%) - For ratio or percentage values

  • Number - For count-based metrics

Step 3: Add a Description (Optional)

Add a brief description to help your team understand what this metric measures.

Step 4: Choose a Color

Select a color for your metric. This color will be used in charts and reports to identify your custom metric.

Step 5: Build Your Formula

This is where you define how your metric is calculated.

Available Tools:

  • Add Metric - Click to select from existing Meta metrics (Spend, ROAS, CPA, CTR, etc.)

  • Operators - Use + (add), - (subtract), × (multiply), ÷ (divide)

  • Parentheses - Use ( and ) to control calculation order

Example Formulas:

Custom Metric

Formula

Cost Per Click

Spend ÷ Clicks

Profit

Purchase Value - Spend

Weighted ROAS

(Purchase Value × 0.8) ÷ Spend

Efficiency Score

(ROAS + CTR) ÷ CPA

Tips for Building Formulas:

  • Click on any token to remove it from the formula

  • Metrics must be separated by operators

  • Formulas cannot start or end with an operator

  • Use parentheses to ensure calculations happen in the correct order

Step 6: Set Performance Direction

Choose what indicates better performance for this metric:

  • Higher values - Select this if a higher number is better (e.g., ROAS, Revenue)

  • Lower values - Select this if a lower number is better (e.g., CPA, Cost)

Step 7: Allow Summing

Decide whether this metric can be summed across multiple rows:

  • Yes - Choose this for additive metrics (e.g., Spend, Revenue, Conversions)

  • No - Choose this for ratio metrics that should be averaged (e.g., ROAS, CPA, CTR)

Step 8: Create the Metric

Click "Create metric" to save your custom metric.


Using Custom Metrics

Once created, your custom metrics will appear:

  • In the Metrics Toolbar when selecting metrics for charts

  • In the Table Configuration when customizing table columns

  • Marked with a "Custom" badge for easy identification


Managing Custom Metrics

Edit a Metric

Click the edit icon (pencil) next to any custom metric to modify its settings.

Delete a Metric

Click the delete icon (trash) next to any custom metric. You'll be asked to confirm before deletion.


Quick Access

You can also access the Custom Metrics configuration directly from any metrics dropdown by clicking "Create Custom" next to the search field.

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