• America Movil, S.A.B De C.V average gross margin for 2023 was 57.92%, a 4.82% increase from 2022.
• America Movil, S.A.B De C.V average gross margin for 2022 was 60.85%, a 10.2% decline from 2021.
• America Movil, S.A.B De C.V average gross margin for 2021 was 55.22%, a 3.1% 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.