A O Smith Gross Margin 2010-2024 | AOS
- A O Smith average gross margin for 2023 was 37.82%, a 5.97% increase from 2022.
- A O Smith average gross margin for 2022 was 35.69%, a 5.56% increase from 2021.
- A O Smith average gross margin for 2021 was 37.79%, a 2% 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.