Canadian Imperial Bank Of Commerce Gross Margin 2010-2024 | CM
- Canadian Imperial Bank Of Commerce average gross margin for 2023 was 49%, a 39.19% decline from 2022.
- Canadian Imperial Bank Of Commerce average gross margin for 2022 was 80.58%, a 3.25% decline from 2021.
- Canadian Imperial Bank Of Commerce average gross margin for 2021 was 83.29%, a 20.4% 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.