V.F Gross Margin 2010-2024 | VFC
- V.F average gross margin for 2023 was 52.28%, a 2.75% decline from 2022.
- V.F average gross margin for 2022 was 53.76%, a 0.04% decline from 2021.
- V.F average gross margin for 2021 was 53.74%, a 0.89% 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.