PPL Gross Margin 2010-2024 | PPL
- PPL average gross margin for 2023 was 66.76%, a 4.66% increase from 2022.
- PPL average gross margin for 2022 was 70.02%, a 7.63% decline from 2021.
- PPL average gross margin for 2021 was 75.8%, a 5.72% 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.