• Coca Cola Femsa S.A.B De C.V average gross margin for 2023 was 44.66%, a 0.04% increase from 2022.
• Coca Cola Femsa S.A.B De C.V average gross margin for 2022 was 44.64%, a 1.46% increase from 2021.
• Coca Cola Femsa S.A.B De C.V average gross margin for 2021 was 45.3%, a 0.71% 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.