Sea Gross Margin 2016-2024 | SE
- Sea average gross margin for 2023 was 44.95%, a 12.54% decline from 2022.
- Sea average gross margin for 2022 was 39.94%, a 9.01% increase from 2021.
- Sea average gross margin for 2021 was 36.64%, a 21.45% 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.