Reliance Gross Margin 2010-2024 | RS
- Reliance average gross margin for 2023 was 30.78%, a 0.97% decline from 2022.
- Reliance average gross margin for 2022 was 31.08%, a 3.81% decline from 2021.
- Reliance average gross margin for 2021 was 32.31%, a 3.86% 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.