KeyCorp Gross Margin 2010-2024 | KEY
- KeyCorp average gross margin for 2023 was 71.16%, a 24.14% decline from 2022.
- KeyCorp average gross margin for 2022 was 93.8%, a 1.45% decline from 2021.
- KeyCorp average gross margin for 2021 was 95.18%, a 9.39% 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.