• Option Care Health average gross margin for 2023 was 22.59%, a 1.39% decline from 2022.
• Option Care Health average gross margin for 2022 was 22.28%, a 1.15% increase from 2021.
• Option Care Health average gross margin for 2021 was 22.54%, a 0.75% 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.