RB Global Gross Margin 2010-2024 | RBA
- RB Global average gross margin for 2023 was 51.22%, a 9.28% decline from 2022.
- RB Global average gross margin for 2022 was 56.46%, a 0.52% decline from 2021.
- RB Global average gross margin for 2021 was 56.17%, a 3.42% increase 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.