Popular Gross Margin 2010-2024 | BPOP

Popular gross margin for the quarter ending June 30, 2024 was 68.01%.

  • Popular average gross margin for 2023 was 78.75%, a 15.87% decline from 2022.
  • Popular average gross margin for 2022 was 93.61%, a 0.4% decline from 2021.
  • Popular average gross margin for 2021 was 93.24%, a 4.79% increase from 2020.

Gross margin can be defined as a company's total sales revenue minus its cost of goods sold, divided by the total sales revenue, expressed as a percentage.

Popular Gross Margin 2010-2024 | BPOP

  • Popular average gross margin for 2023 was 78.75%, a 15.87% decline from 2022.
  • Popular average gross margin for 2022 was 93.61%, a 0.4% decline from 2021.
  • Popular average gross margin for 2021 was 93.24%, a 4.79% increase from 2020.

Gross margin can be defined as a company's total sales revenue minus its cost of goods sold, divided by the total sales revenue, expressed as a percentage.
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