American Financial Gross Margin 2010-2024 | AFG
- American Financial average gross margin for 2023 was 23.63%, a 9.5% decline from 2022.
- American Financial average gross margin for 2022 was 26.11%, a 1.6% decline from 2021.
- American Financial average gross margin for 2021 was 25.7%, a 166.6% 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.