Principal Financial Gross Margin 2010-2024 | PFG
- Principal Financial average gross margin for 2023 was 49.44%, a 14.21% decline from 2022.
- Principal Financial average gross margin for 2022 was 57.63%, a 17.93% decline from 2021.
- Principal Financial average gross margin for 2021 was 48.87%, a 21.78% 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.