Home BancShares Gross Margin 2010-2024 | HOMB
- Home BancShares average gross margin for 2023 was 79.41%, a 13.23% decline from 2022.
- Home BancShares average gross margin for 2022 was 91.52%, a 0.42% decline from 2021.
- Home BancShares average gross margin for 2021 was 91.91%, a 8.12% 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.