• H World Group average gross margin for 2023 was 25.6%, a 146.63% increase from 2022.
• H World Group average gross margin for 2022 was 10.38%, a 7.16% increase from 2021.
• H World Group average gross margin for 2021 was 11.18%, a 26.83% 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.