It Tech Packaging (ITP) Gross Margin (2010 - 2025)
It Tech Packaging's (ITP) quarterly Gross Margin came in at 7.9% in Q3 2025, up 25.0% year-over-year from 6.32% in Q3 2024, and up 53.73% quarter-over-quarter from 5.14% in Q2 2025.
Powered by 
Analysis
It Tech Packaging (ITP) Gross Margin (2010 - 2025) Analysis & Trends
It Tech Packaging (ITP) has reported Gross Margin for 16 consecutive years, with 7.9% the latest figure, recorded in Q3 2025.
- On a quarterly basis, Gross Margin rose 25.0% year-over-year to 7.9% in Q3 2025; TTM through Sep 2025 was 5.69%, a 168.0% decrease from a year earlier, with the FY2024 full-year figure at 8.82%, up 767.0% from the prior year.
- Gross Margin was 7.9% for Q3 2025 at It Tech Packaging, up from 5.14% in the prior quarter.
- Over five years, Gross Margin peaked at 12.44% in Q2 2024 and troughed at 1.4% in Q1 2023.
- A 5-year average of 4.95% and a median of 5.14% in 2025 frame the typical range for Gross Margin.
- Across the five-year window, Gross Margin surged 950 bps in 2021 and plunged 975 bps in 2023, its largest moves.
- Over 5 years, Gross Margin stood at 9.62% in 2021, then sank by 50 bps to 4.8% in 2022, then slumped by 75 bps to 1.19% in 2023, then surged by 427 bps to 6.29% in 2024, then gained by 26 bps to 7.9% in 2025.
- The last three Gross Margin figures came in at 7.9% (Q3 2025), 5.14% (Q2 2025), and 0.77% (Q1 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | International Paper | 51.92 Bn | 51.20 Bn | 1.66 Bn | 27.65% |
| 2 | Smurfit Westrock | 22.14 Bn | 21.46 Bn | 1.40 Bn | 17.42% |
| 3 | Packaging Corp Of America | 20.38 Bn | 19.79 Bn | 512.50 Mn | 20.58% |
| 4 | Sonoco Products | 4.80 Bn | 4.64 Bn | 392.38 Mn | 20.81% |
| 5 | Graphic Packaging Holding | 2.80 Bn | 2.60 Bn | 292.00 Mn | 13.35% |
| 6 | Ranpak Holdings | 345.10 Mn | 301.90 Mn | 34.50 Mn | 32.79% |
| 7 | Clearwater Paper | 319.21 Mn | 223.81 Mn | -10.40 Mn | -2.77% |
| 8 | Millennium Group International Holdings | 17.10 Mn | 10.24 Mn | - | - |
| 9 | Dss | 7.53 Mn | 2.37 Mn | - | - |
| 10 | It Tech Packaging | 2.23 Mn | -7.54 Mn | 2.02 Mn | 7.90% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2025 | 7.90% |
| Jun 30, 2025 | 5.14% |
| Mar 31, 2025 | 0.77% |
| Dec 31, 2024 | 6.29% |
| Sep 30, 2024 | 7.64% |
| Jun 30, 2024 | 12.44% |
| Mar 31, 2024 | 5.81% |
| Dec 31, 2023 | 1.19% |
| Sep 30, 2023 | -0.97% |
| Jun 30, 2023 | 3.93% |
| Mar 31, 2023 | -1.40% |
| Dec 31, 2022 | 4.80% |
| Sep 30, 2022 | 8.78% |
| Jun 30, 2022 | 1.99% |
| Mar 31, 2022 | 2.01% |
| Dec 31, 2021 | 9.62% |
| Sep 30, 2021 | 4.04% |
| Jun 30, 2021 | 6.51% |
| Mar 31, 2021 | 7.56% |
| Dec 31, 2020 | 2.29% |