PPG Industries Gross Margin 2010-2024 | PPG
- PPG Industries average gross margin for 2023 was 39.56%, a 6.6% increase from 2022.
- PPG Industries average gross margin for 2022 was 37.11%, a 10.17% increase from 2021.
- PPG Industries average gross margin for 2021 was 41.31%, a 4.79% 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.