Cabot Gross Margin 2010-2024 | CBT
- Cabot average gross margin for 2023 was 20.99%, a 2.04% increase from 2022.
- Cabot average gross margin for 2022 was 20.57%, a 10.29% increase from 2021.
- Cabot average gross margin for 2021 was 22.93%, a 15.05% 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.