The Ultimate LinkedIn Ads Metrics Glossary: Every Metric Explained
The most comprehensive guide to LinkedIn Ads metrics. From basic to advanced, every metric defined with formulas, benchmarks, and real-world examples.
By James Green1 Jun 2025

LinkedIn Ads Metrics Glossary: The Ultimate Guide (2025)

Stop guessing your metrics. This is your strategist-grade, field-tested guide to LinkedIn Ads metrics, with frameworks, examples, and pro tips for elite results.


The B2B LinkedIn Ads Metrics Framework

  1. Key Metrics to Track

  2. Industry Benchmarks

  3. Optimization Tips

Before we dive into the metrics, check out our 2025 LinkedIn Ads Benchmarks Guide to see how your numbers stack up against industry standards. It's the perfect companion to this glossary, showing you exactly what "good" looks like for each metric.


Setting Up Your LinkedIn Ads Dashboard: Custom Views That Matter

Before diving into metrics, let's set up your dashboard for success. LinkedIn's default view is cluttered with vanity metrics. Here's how to create custom views that focus on what matters:

Essential Custom Views to Create

  1. Pipeline View

    • Add columns: CPL, CVR, Lead Quality Score, Pipeline Value, ROI
    • Filter: Active campaigns only
    • Save as: "Pipeline Focus"
  2. Creative Performance View

    • Add columns: CTR, Engagement Rate, Video Completion, CVR
    • Filter: By ad format
    • Save as: "Creative Health"
  3. Audience Quality View

    • Add columns: CPM, CTR, CVR, Lead Quality Score
    • Filter: By audience type
    • Save as: "Audience Quality"
  4. ROI Dashboard

    • Add columns: Spend, Pipeline Value, ROI, Cost per Pipeline
    • Filter: Last 30 days
    • Save as: "ROI Focus"

How to Create Custom Views

  1. Go to Campaign Manager
  2. Click "Columns" in the top right
  3. Select "Customize columns"
  4. Add your chosen metrics
  5. Click "Save view as"
  6. Name your view
  7. Set as default (optional)

Pro Tip: Create different views for different campaign types. Your awareness campaigns need different metrics than your conversion campaigns.


Core Metrics: The Foundation

CTR (Click-Through Rate)

  • Definition: Percentage of people who click your ad after seeing it
  • Formula: (Clicks / Impressions) * 100
  • Example: 1,000 impressions, 50 clicks = 5% CTR
  • What's Good: 0.5%+ (Broad), 0.3%+ (Tight), 0.8%+ (Retargeting)
  • What's Elite: 0.8%+, 0.5%+, 1.5%+ respectively
  • Why It Matters: Shows if your creative and targeting are working
  • Common Pitfalls:
    • High CTR with low conversion = paying for curiosity
    • Low CTR with good conversion = poor creative, good targeting
    • Declining CTR = creative fatigue or audience saturation

Want to see how your CTR stacks up? Check out our 2025 LinkedIn Ads Benchmarks Guide for industry-specific targets.

CPL (Cost Per Lead)

  • Definition: How much you pay for each form submission or conversion
  • Formula: Total Ad Spend / Number of Leads
  • Example: 1,000 spend, 10 leads = 100 CPL
  • What's Good: 180 or less (Broad), 120 or less (Tight), 90 or less (Retargeting)
  • What's Elite: 120, 80, 60 or less respectively
  • Why It Matters: Direct measure of lead generation efficiency
  • Common Pitfalls:
    • Chasing low CPL at the cost of quality
    • Not tracking form abandonment
    • Ignoring lead quality metrics

CVR (Conversion Rate)

  • Definition: Percentage of clicks that turn into leads
  • Formula: (Leads / Clicks) * 100
  • Example: 100 clicks, 10 leads = 10% CVR
  • What's Good: 5%+ (Broad), 8%+ (Tight), 12%+ (Retargeting)
  • What's Elite: 8%+, 15%+, 25%+ respectively
  • Why It Matters: Shows if your landing page and offer are working
  • Common Pitfalls:
    • High CVR with low quality = wrong leads
    • Low CVR with high quality = friction in conversion path
    • Declining CVR = offer fatigue or landing page issues

ROI (Return on Investment)

  • Definition: How much revenue you generate for every pound spent
  • Formula: (Revenue - Ad Spend) / Ad Spend * 100
  • Example: 10,000 revenue, 2,000 spend = 400% ROI
  • What's Good: 150%+ (Broad), 250%+ (Tight), 400%+ (Retargeting)
  • What's Elite: 250%+, 500%+, 800%+ respectively
  • Why It Matters: The ultimate measure of campaign success
  • Common Pitfalls:
    • Not tracking full pipeline value
    • Ignoring sales cycle length
    • Focusing on leads instead of revenue

LinkedIn's Latest Metrics (2025)

Brand Awareness Metrics

Brand Lift

  • Definition: LinkedIn's survey-based brand impact measurement
  • What it measures:
    • Ad recall
    • Brand awareness
    • Message association
    • Purchase intent
  • Why it matters: Direct measure of brand impact
  • Limitations: Requires minimum spend, survey-based

Brand Safety Score

  • Definition: Measure of ad placement quality
  • Components:
    • Content adjacency
    • Viewability
    • Bot traffic
  • What's Good: 90%+
  • What's Elite: 95%+

Engagement Metrics

Engagement Rate by Type

  • Definition: Breakdown of engagement types
  • Types:
    • Reactions
    • Comments
    • Shares
    • Saves
    • Follows
  • What's Good: 1%+ total
  • What's Elite: 2%+ total

Comment Sentiment

  • Definition: Analysis of comment sentiment
  • Categories:
    • Positive
    • Neutral
    • Negative
  • What's Good: 80%+ positive/neutral
  • What's Elite: 90%+ positive/neutral

Video Metrics (Enhanced)

Video Engagement Score

  • Definition: Composite video performance score
  • Components:
    • View rate
    • Completion rate
    • Average watch time
    • Engagement rate
  • What's Good: 7/10+
  • What's Elite: 9/10+

Video Retention by Second

  • Definition: Drop-off rate by second
  • What to track:
    • First 3 seconds (hook)
    • Key message points
    • Call-to-action
  • What's Good: Less than 50% drop by 3s
  • What's Elite: Less than 30% drop by 3s

Lead Quality Metrics

Lead Scoring

  • Definition: LinkedIn's lead quality assessment
  • Factors:
    • Job title match
    • Company match
    • Industry match
    • Engagement history
  • What's Good: 7/10+
  • What's Elite: 9/10+

Form Completion Quality

  • Definition: Measure of form completion quality
  • Metrics:
    • Completion rate
    • Field completion
    • Time to complete
  • What's Good: 70%+ completion
  • What's Elite: 85%+ completion

Advanced Attribution

Multi-Touch Attribution Models

  • Types:
    • Linear (equal credit)
    • Time decay (recent touchpoints)
    • Position-based (first/last)
    • Custom (weighted)
  • Best for B2B: Position-based or custom

Cross-Channel Attribution

  • Definition: Credit across LinkedIn and other channels
  • Integration:
    • CRM connection
    • UTM parameters
    • Offline conversion tracking
  • What's Good: Full funnel visibility
  • What's Elite: Closed-loop reporting

The Metrics That Actually Matter (2025)

Tier 1: Must-Track Metrics

  1. Pipeline Value

    • Why: Direct measure of revenue impact
    • How: Track from lead to closed deal
    • What's Good: 3x ad spend
    • What's Elite: 5x ad spend
  2. Cost per Pipeline

    • Why: Efficiency of spend
    • How: Ad spend / Pipeline value
    • What's Good: 0.33 per 1
    • What's Elite: 0.20 per 1
  3. Lead Quality Score

    • Why: Quality of leads
    • How: LinkedIn's scoring system
    • What's Good: 7/10+
    • What's Elite: 9/10+

Tier 2: Performance Metrics

  1. CPL by Audience

    • Why: Audience efficiency
    • How: Track by segment
    • What's Good: Within 20% of target
    • What's Elite: Below target
  2. CVR by Creative

    • Why: Creative effectiveness
    • How: Track by ad
    • What's Good: 5%+
    • What's Elite: 10%+
  3. CTR by Format

    • Why: Format effectiveness
    • How: Track by type
    • What's Good: 0.5%+
    • What's Elite: 1%+

Tier 3: Diagnostic Metrics

  1. Frequency

    • Why: Audience saturation
    • How: Impressions / Reach
    • What's Good: Less than 3
    • What's Elite: Less than 2
  2. CPM by Audience

    • Why: Cost efficiency
    • How: Track by segment
    • What's Good: Less than 30
    • What's Elite: Less than 20
  3. Engagement Rate

    • Why: Content resonance
    • How: (Engagements / Impressions) * 100
    • What's Good: 1%+
    • What's Elite: 2%+

Advanced Metrics: The Next Level

CPC (Cost Per Click)

  • Definition: Average cost for each click on your ad
  • Formula: Total Spend / Total Clicks
  • Example: 500 spend, 100 clicks = 5 CPC
  • What's Good: 3-8 (varies by industry)
  • What's Elite: 2-5
  • Why It Matters: Direct measure of click efficiency
  • Common Pitfalls:
    • Not comparing to industry benchmarks
    • Ignoring click quality
    • Focusing on CPC over CPL

CPM (Cost Per Thousand Impressions)

  • Definition: Cost for every 1,000 ad impressions
  • Formula: (Total Spend / Total Impressions) * 1,000
  • Example: 100 spend, 10,000 impressions = 10 CPM
  • What's Good: 15-30 (varies by industry)
  • What's Elite: 10-20
  • Why It Matters: Measure of impression efficiency
  • Common Pitfalls:
    • Not considering viewability
    • Ignoring impression quality
    • Focusing on CPM over ROI

Quality Metrics: Beyond the Basics

Lead Quality Score

  • Definition: Composite score of lead quality indicators
  • Components:
    • Job title match
    • Company size match
    • Industry match
    • Engagement level
    • Form completion quality
  • What's Good: 7/10+
  • What's Elite: 9/10+
  • Why It Matters: Predicts sales success

Pipeline Velocity

  • Definition: Speed of leads moving through pipeline
  • Formula: Average days from lead to opportunity
  • What's Good: Less than 30 days
  • What's Elite: Less than 15 days
  • Why It Matters: Sales cycle efficiency

Cost Per Pipeline Dollar

  • Definition: Cost to generate 1 of pipeline
  • Formula: Ad Spend / Pipeline Value
  • What's Good: 0.20-0.30
  • What's Elite: Less than 0.20
  • Why It Matters: Pipeline generation efficiency

Attribution Metrics: The Full Picture

First-Touch Attribution

  • Definition: Credit for first interaction
  • Use Case: Awareness campaigns
  • Limitations: Ignores other touchpoints

Last-Touch Attribution

  • Definition: Credit for final interaction
  • Use Case: Conversion campaigns
  • Limitations: Ignores previous touchpoints

Multi-Touch Attribution

  • Definition: Credit spread across touchpoints
  • Models:
    • Linear (equal credit)
    • Time decay (recent touchpoints get more credit)
    • Position-based (first/last get more credit)
  • Why It Matters: Full funnel understanding

Advanced Analysis: Putting It All Together

Campaign Efficiency Score

  • Definition: Composite score of key metrics
  • Components:
    • CTR
    • CVR
    • CPL
    • Lead quality
    • ROI
  • What's Good: 7/10+
  • What's Elite: 9/10+
  • Why It Matters: Overall campaign health

Audience Quality Index

  • Definition: Measure of audience relevance
  • Components:
    • Engagement rate
    • Conversion rate
    • Lead quality
    • ROI
  • What's Good: 7/10+
  • What's Elite: 9/10+
  • Why It Matters: Audience targeting effectiveness

Creative Performance Score

  • Definition: Measure of creative effectiveness
  • Components:
    • CTR
    • Engagement rate
    • Video completion
    • Conversion rate
  • What's Good: 7/10+
  • What's Elite: 9/10+
  • Why It Matters: Creative optimization

Real-World Examples: How to Use These Metrics

Example 1: Awareness Campaign

  • Goal: Brand awareness
  • Key Metrics:
    • Impressions
    • CPM
    • Engagement rate
    • Video view rate
  • Success Criteria: High reach, good engagement

Example 2: Lead Generation Campaign

  • Goal: Lead generation
  • Key Metrics:
    • CPL
    • CVR
    • Lead quality score
    • ROI
  • Success Criteria: Quality leads at target CPL

Example 3: Retargeting Campaign

  • Goal: Conversion
  • Key Metrics:
    • CPL
    • CVR
    • ROI
    • Pipeline velocity
  • Success Criteria: High conversion, fast pipeline

Common Mistakes to Avoid

  1. Focusing on Vanity Metrics

    • High impressions ≠ success
    • High CTR ≠ quality leads
    • High engagement ≠ pipeline
  2. Ignoring Quality Metrics

    • Low CPL with poor quality
    • High CVR with wrong leads
    • Good ROI with long sales cycles
  3. Not Tracking Full Funnel

    • Leads without pipeline
    • Pipeline without revenue
    • Revenue without profit
  4. Poor Attribution

    • Last-touch only
    • No multi-touch
    • Ignoring offline conversions

Actionable Next Steps

  1. Set Up Your Dashboard

    • Create the custom views above
    • Set up automated reports
    • Configure alerts for key metrics
  2. Track the Right Metrics

    • Focus on Tier 1 metrics daily
    • Review Tier 2 metrics weekly
    • Monitor Tier 3 metrics monthly
  3. Optimize Your Process

    • Weekly metrics review
    • Monthly deep dive
    • Quarterly strategy update

💥 Ready to Master Your LinkedIn Ads Metrics?

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