Sun Life Financial Gross Margin 2010-2024 | SLF
- Sun Life Financial average gross margin for 2023 was 41.69%, a 41.04% increase from 2022.
- Sun Life Financial average gross margin for 2022 was 29.56%, a 46.32% increase from 2021.
- Sun Life Financial average gross margin for 2021 was 55.07%, a 7.77% 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.