Shin-Etsu Chemical Gross Margin 2010-2024 | SHECY
- Shin-Etsu Chemical average gross margin for 2023 was 40.74%, a 1.32% increase from 2022.
- Shin-Etsu Chemical average gross margin for 2022 was 40.21%, a 9.12% increase from 2021.
- Shin-Etsu Chemical average gross margin for 2021 was 36.85%, a 4.96% 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.