• TotalEnergies SE average gross margin for 2023 was 35.38%, a 0.94% decline from 2022.
• TotalEnergies SE average gross margin for 2022 was 35.05%, a 5.7% increase from 2021.
• TotalEnergies SE average gross margin for 2021 was 37.17%, a 8.72% 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.