FirstEnergy Gross Margin 2010-2024 | FE
- FirstEnergy average gross margin for 2023 was 62.54%, a 4.74% increase from 2022.
- FirstEnergy average gross margin for 2022 was 65.65%, a 6.71% decline from 2021.
- FirstEnergy average gross margin for 2021 was 70.37%, a 0.14% 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.