Credicorp Gross Margin 2010-2024 | BAP
- Credicorp average gross margin for 2023 was 78.88%, a 7.93% decline from 2022.
- Credicorp average gross margin for 2022 was 85.67%, a 2.1% decline from 2021.
- Credicorp average gross margin for 2021 was 83.91%, a 2.76% 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.