Truist Financial Gross Margin 2010-2024 | TFC

Truist Financial gross margin for the quarter ending June 30, 2024 was 59.63%.

  • Truist Financial average gross margin for 2023 was 76.4%, a 19.36% decline from 2022.
  • Truist Financial average gross margin for 2022 was 94.74%, a 1.37% decline from 2021.
  • Truist Financial average gross margin for 2021 was 96.06%, a 7.03% 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.

Truist Financial Gross Margin 2010-2024 | TFC

  • Truist Financial average gross margin for 2023 was 76.4%, a 19.36% decline from 2022.
  • Truist Financial average gross margin for 2022 was 94.74%, a 1.37% decline from 2021.
  • Truist Financial average gross margin for 2021 was 96.06%, a 7.03% 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.
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