• Curtiss-Wright average gross margin for 2023 was 37.22%, a 0.48% decline from 2022.
• Curtiss-Wright average gross margin for 2022 was 37.4%, a 2.86% decline from 2021.
• Curtiss-Wright average gross margin for 2021 was 36.36%, a 2.28% 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.