Shimano Gross Margin 2017-2023 | SMNNY

Shimano gross margin for the quarter ending September 30, 2023 was 41.07%.

  • Shimano average gross margin for 2022 was 40.5%, a 1.55% increase from 2021.
  • Shimano average gross margin for 2021 was 39.88%, a 0.13% increase from 2020.
  • Shimano average gross margin for 2020 was 39.93%, a 27.4% decline 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.

Shimano Gross Margin 2017-2023 | SMNNY

  • Shimano average gross margin for 2022 was 40.5%, a 1.55% increase from 2021.
  • Shimano average gross margin for 2021 was 39.88%, a 0.13% increase from 2020.
  • Shimano average gross margin for 2020 was 39.93%, a 27.4% decline 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.
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