Leonardo DRS Gross Margin 2010-2024 | DRS
- Leonardo DRS average gross margin for 2023 was 22.41%, a 12.27% decline from 2022.
- Leonardo DRS average gross margin for 2022 was 19.96%, a 31.88% increase from 2021.
- Leonardo DRS average gross margin for 2021 was 29.3%, a 18.13% 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.