Graco Gross Margin 2010-2025 | GGG
- Graco average gross margin for 2024 was 53.29%, a 3.82% decline from 2023.
- Graco average gross margin for 2023 was 51.33%, a 2.19% increase from 2022.
- Graco average gross margin for 2022 was 50.23%, a 3.99% increase 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.