JPMorgan Chase Gross Margin 2010-2024 | JPM
- JPMorgan Chase average gross margin for 2023 was 70.88%, a 21.62% decline from 2022.
- JPMorgan Chase average gross margin for 2022 was 90.43%, a 5.26% decline from 2021.
- JPMorgan Chase average gross margin for 2021 was 95.45%, a 9.16% 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.