Dover Gross Margin 2010-2024 | DOV
- Dover average gross margin for 2023 was 36.2%, a 0.55% increase from 2022.
- Dover average gross margin for 2022 was 36.4%, a 3.24% decline from 2021.
- Dover average gross margin for 2021 was 37.62%, a 1.81% 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.