Colgate-Palmolive Gross Margin 2010-2025 | CL
- Colgate-Palmolive average gross margin for 2024 was 59.88%, a 4.61% increase from 2023.
- Colgate-Palmolive average gross margin for 2023 was 57.24%, a 1.29% increase from 2022.
- Colgate-Palmolive average gross margin for 2022 was 57.99%, a 3.97% decline from 2021.
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.