Grupo Financiero Banorte SAB De CV Gross Margin 2010-2022 | GBOOY
- Grupo Financiero Banorte SAB De CV average gross margin for 2021 was 53.5%, a 0.83% increase from 2020.
- Grupo Financiero Banorte SAB De CV average gross margin for 2020 was 53.06%, a 4.63% increase from 2019.
- Grupo Financiero Banorte SAB De CV average gross margin for 2019 was 50.71%, a 5.81% increase from 2018.
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.