AGCO Gross Margin 2010-2024 | AGCO
- AGCO average gross margin for 2023 was 25.3%, a 9.24% increase from 2022.
- AGCO average gross margin for 2022 was 23.16%, a 0.35% increase from 2021.
- AGCO average gross margin for 2021 was 23.08%, a 4.67% 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.