• Ralph Lauren average gross margin for 2023 was 65.17%, a 0.93% increase from 2022.
• Ralph Lauren average gross margin for 2022 was 65.78%, a 0.03% decline from 2021.
• Ralph Lauren average gross margin for 2021 was 65.76%, a 9.89% 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.