PNC Financial Services Gross Margin 2010-2024 | PNC
- PNC Financial Services average gross margin for 2023 was 74.86%, a 21.1% decline from 2022.
- PNC Financial Services average gross margin for 2022 was 94.88%, a 1.88% decline from 2021.
- PNC Financial Services average gross margin for 2021 was 96.7%, a 10.59% decline 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.