• Amphenol average gross margin for 2024 was 33.35%, a 3.51% increase from 2023.
• Amphenol average gross margin for 2023 was 32.22%, a 1.83% increase from 2022.
• Amphenol average gross margin for 2022 was 31.64%, a 1.12% increase from 2021.

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.