• Dell average gross margin for 2024 was 23%, a 0.57% decline from 2023.
• Dell average gross margin for 2023 was 22.87%, a 7.17% increase from 2022.
• Dell average gross margin for 2022 was 21.34%, a 6.75% 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.