Gross margin for staffing firms is always a hot topic in the industry. Our research reveals that average gross margin across all 15 publicly traded staffing companies operating in the United States hit an all-time high of 27.9% in 2022. With positive changes to business mix, such as increased permanent placement business and higher conversion revenues, average gross margin has expanded over recent years. As we move into 2023, trends suggest that the majority of these firms are within striking distance of their highest quarterly gross margin to date.