Every Meta ads benchmark report you'll find right now is arguing with itself. One says CPMs are up 15% year over year. Another says they've flattened. Both are technically right, depending on which vertical, which quarter, and which account structure they pulled data from. If you're trying to figure out what "good" looks like for your brand, the honest answer is: it depends more on your own account history than on any industry number. Still, you need a starting point. That's what these Meta ads benchmarks for DTC brands 2025 are for, ranges to sanity-check your account against, not a scoreboard to chase blindly.