Shin-Etsu Chemical Gross Margin 2010-2023 | SHECY
- 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.
- Shin-Etsu Chemical average gross margin for 2020 was 35.11%, a 3.2% increase from 2019.
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.