The graph shows how gross profit margins can vary significantly according to the type of product sold. For example, gasoline products have a gross profit margin percentage in the 15 to 20 % range in recent years and women’s clothing in the 45 to 50 % range.
The graph also shows that gross profit margin percentages usually do not vary much within a retail sector. For example, the heights of the bars for each type of retail product remain fairly constant from year to year.
Data on the graph is from the US Census Bureau. Click here to access the data.