New Oriental Education & Technology Gross Margin 2010-2024 | EDU
- New Oriental Education & Technology average gross margin for 2023 was 53.57%, a 9.17% decline from 2022.
- New Oriental Education & Technology average gross margin for 2022 was 49.07%, a 5.87% increase from 2021.
- New Oriental Education & Technology average gross margin for 2021 was 52.13%, a 4.66% 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.