Grand Canyon Education Gross Margin 2010-2024 | LOPE
- Grand Canyon Education average gross margin for 2023 was 52.67%, a 4.51% decline from 2022.
- Grand Canyon Education average gross margin for 2022 was 55.16%, a 4.77% decline from 2021.
- Grand Canyon Education average gross margin for 2021 was 57.92%, a 0.91% 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.