Magna Gross Margin 2010-2024 | MGA
- Magna average gross margin for 2023 was 12.52%, a 3.02% increase from 2022.
- Magna average gross margin for 2022 was 12.91%, a 12.65% decline from 2021.
- Magna average gross margin for 2021 was 14.78%, a 14.93% 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.