IHI CORP Gross Margin 2017-2024 | IHICY
- IHI CORP average gross margin for 2023 was 15.42%, a 17.05% decline from 2022.
- IHI CORP average gross margin for 2022 was 18.59%, a 17.44% decline from 2021.
- IHI CORP average gross margin for 2021 was 15.83%, a 5.32% increase 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.