HF Sinclair Gross Margin 2010-2024 | DINO
- HF Sinclair average gross margin for 2023 was 19.9%, a 9.4% decline from 2022.
- HF Sinclair average gross margin for 2022 was 18.19%, a 15.86% increase from 2021.
- HF Sinclair average gross margin for 2021 was 15.7%, a 17.02% 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.