Air Canada Gross Margin 2018-2024 | ACDVF
- Air Canada average gross margin for 2023 was 67.46%, a 2.99% increase from 2022.
- Air Canada average gross margin for 2022 was 65.5%, a 8.59% increase from 2021.
- Air Canada average gross margin for 2021 was 60.32%, a 14.54% increase from 2020.
Gross margin can be defined as a company's total sales revenue minus its cost of goods sold, divided by the total sales revenue, expressed as a percentage.