• Subaru average gross margin for 2023 was 18.2%, a 5.8% increase from 2022.
• Subaru average gross margin for 2022 was 19.32%, a 7.34% decline from 2021.
• Subaru average gross margin for 2021 was 20.85%, a 12.32% 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.