Itochu Gross Margin 2011-2024 | ITOCY
- Itochu average gross margin for 2023 was 16.17%, a 0.55% decline from 2022.
- Itochu average gross margin for 2022 was 16.26%, a 6.34% decline from 2021.
- Itochu average gross margin for 2021 was 15.29%, a 3.04% 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.