Nomura Research Institute Gross Margin 2017-2023 | NRILY
- Nomura Research Institute average gross margin for 2022 was 34.05%, a 1.04% increase from 2021.
- Nomura Research Institute average gross margin for 2021 was 33.7%, a 1.54% increase from 2020.
- Nomura Research Institute average gross margin for 2020 was 33.19%, a 1.75% increase from 2019.
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.