E.l.f Beauty Gross Margin 2015-2024 | ELF
- E.l.f Beauty average gross margin for 2023 was 69.01%, a 5.42% increase from 2022.
- E.l.f Beauty average gross margin for 2022 was 65.46%, a 2.19% increase from 2021.
- E.l.f Beauty average gross margin for 2021 was 64.06%, a 0.84% 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.