• Boeing average gross margin for 2023 was 8.23%, a 230.52% decline from 2022.
• Boeing average gross margin for 2022 was 2.49%, a 330.56% increase from 2021.
• Boeing average gross margin for 2021 was -1.08%, a 49.06% 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.