Cencora Gross Margin 2010-2024 | COR
- Cencora average gross margin for 2023 was 3.42%, a 2.84% decline from 2022.
- Cencora average gross margin for 2022 was 3.52%, a 12.46% decline from 2021.
- Cencora average gross margin for 2021 was 3.13%, a 14.65% increase 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.