• Bridgestone average gross margin for 2023 was 38.38%, a 0.31% increase from 2022.
• Bridgestone average gross margin for 2022 was 38.26%, a 0.08% increase from 2021.
• Bridgestone average gross margin for 2021 was 38.29%, a 0.08% decline 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.