• Bristol Myers Squibb average gross margin for 2023 was 76.87%, a 2.57% decline from 2022.
• Bristol Myers Squibb average gross margin for 2022 was 78.9%, a 3.2% decline from 2021.
• Bristol Myers Squibb average gross margin for 2021 was 76.45%, a 8.83% 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.