Applied Industrial Technologies Gross Margin 2010-2024 | AIT
- Applied Industrial Technologies average gross margin for 2023 was 29.28%, a 0.62% increase from 2022.
- Applied Industrial Technologies average gross margin for 2022 was 29.1%, a 0.62% increase from 2021.
- Applied Industrial Technologies average gross margin for 2021 was 28.92%, a 0.49% 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.