Citizens Financial Gross Margin 2012-2024 | CFG
- Citizens Financial average gross margin for 2023 was 74.81%, a 19.65% decline from 2022.
- Citizens Financial average gross margin for 2022 was 93.11%, a 0.97% decline from 2021.
- Citizens Financial average gross margin for 2021 was 94.02%, a 9.71% 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.