SSAB Gross Margin 2017-2024 | SSAAY
- SSAB average gross margin for 2023 was -0.11%, a 100.48% decline from 2022.
- SSAB average gross margin for 2022 was 22.69%, a 40.06% decline from 2021.
- SSAB average gross margin for 2021 was 16.2%, a 218.9% 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.