National Beverage Gross Margin 2010-2024 | FIZZ
- National Beverage average gross margin for 2023 was 34.42%, a 3.34% increase from 2022.
- National Beverage average gross margin for 2022 was 35.61%, a 8.88% decline from 2021.
- National Beverage average gross margin for 2021 was 39.08%, a 4.1% 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.