Esi Group annual gross margin
2020
2021
2022
Esi Group Gross Margin Growth & History (ESI)
Esi Group's gross margin was 79.33% for fiscal 2022.
View full Esi Group company overviewEsi Group annual gross margin history
| Fiscal year | Period ended | Gross margin | Change (percentage points) |
|---|---|---|---|
| 2022 | 2022-12-31 | 79.33% | +1.73 pp |
| 2021 | 2021-12-31 | 77.60% | +3.12 pp |
| 2020 | 2020-12-31 | 74.48% | — |
Esi Group gross margin trends
Between the periods ended 2020-12-31 and 2022-12-31, Esi Group's gross margin increased from 74.48% to 79.33%, a change of +4.85 percentage points.
About the metric
What gross margin means
Gross margin measures the percentage of revenue remaining after the direct costs of producing goods or services. It helps show how efficiently a company turns sales into gross profit before operating expenses.
Calculation and source
How gross margin is calculated
TickerStat calculates gross margin as reported gross profit divided by reported revenue for the same fiscal period. Changes are shown in percentage points. Fiscal periods can differ from calendar years, so exact period-end dates are included.
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