Packaging Of America Gross Margin 2010-2024 | PKG
- Packaging Of America average gross margin for 2023 was 22.71%, a 9.27% decline from 2022.
- Packaging Of America average gross margin for 2022 was 25.03%, a 11.74% decline from 2021.
- Packaging Of America average gross margin for 2021 was 22.4%, a 3.23% 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.