LY Gross Margin 2016-2024 | YAHOY

LY gross margin for the quarter ending June 30, 2024 was 70.18%.

  • LY average gross margin for 2023 was 67.79%, a 4.29% increase from 2022.
  • LY average gross margin for 2022 was 65%, a 4.35% increase from 2021.
  • LY average gross margin for 2021 was 62.29%, a 5.52% 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.

LY Gross Margin 2016-2024 | YAHOY

  • LY average gross margin for 2023 was 67.79%, a 4.29% increase from 2022.
  • LY average gross margin for 2022 was 65%, a 4.35% increase from 2021.
  • LY average gross margin for 2021 was 62.29%, a 5.52% 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.
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