Fifth Third Bancorp Gross Margin 2010-2024 | FITB
- Fifth Third Bancorp average gross margin for 2023 was 72.67%, a 21.29% decline from 2022.
- Fifth Third Bancorp average gross margin for 2022 was 92.33%, a 2.14% decline from 2021.
- Fifth Third Bancorp average gross margin for 2021 was 94.35%, a 5.58% 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.