AES Gross Margin 2010-2024 | AES
- AES average gross margin for 2023 was 19.92%, a 5.23% decline from 2022.
- AES average gross margin for 2022 was 21.02%, a 23.7% decline from 2021.
- AES average gross margin for 2021 was 27.55%, a 10.95% 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.