Itau Unibanco Holding S.A Gross Margin 2010-2024 | ITUB
- Itau Unibanco Holding S.A average gross margin for 2023 was 48.05%, a 14.61% increase from 2022.
- Itau Unibanco Holding S.A average gross margin for 2022 was 56.27%, a 18.66% decline from 2021.
- Itau Unibanco Holding S.A average gross margin for 2021 was 69.18%, a 25.12% 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.