Primo Brands Gross Margin 2010-2024 | PRMB
- Primo Brands average gross margin for 2023 was 23.41%, a 52.17% increase from 2022.
- Primo Brands average gross margin for 2022 was 48.94%, a 13.23% decline from 2021.
- Primo Brands average gross margin for 2021 was 56.4%, a 2.89% 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.