Understanding the Markup on Gasoline and How to Increase Gas Station Profitability
What is the markup on gasoline? The gross margin (or markup) on gasoline in 2021 was 30.9 cents per gallon, or 10.2% of the average price of $3.03 for the year. Over the past five years, retailer gross margins have averaged 27.2 cents per gallon, or 10.7% of the overall price. Read more on www.convenience.org … Read more