• Columbia Sportswear average gross margin for 2023 was 49.43%, a 1.69% increase from 2022.
• Columbia Sportswear average gross margin for 2022 was 50.28%, a 0.83% decline from 2021.
• Columbia Sportswear average gross margin for 2021 was 50.7%, a 3.6% 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.