• STMicroelectronics average gross margin for 2024 was 42.8%, a 11.24% decline from 2023.
• STMicroelectronics average gross margin for 2023 was 48.22%, a 5.28% decline from 2022.
• STMicroelectronics average gross margin for 2022 was 45.8%, a 16.13% increase from 2021.

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.