Covestro AG Gross Margin 2015-2023 | COVTY
- Covestro AG average gross margin for 2022 was 21.26%, a 24.85% decline from 2021.
- Covestro AG average gross margin for 2021 was 28.29%, a 35.04% decline from 2020.
- Covestro AG average gross margin for 2020 was 20.95%, a 56.88% increase from 2019.
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.