Ecolab Gross Margin 2010-2024 | ECL
- Ecolab average gross margin for 2023 was 39.06%, a 1.98% increase from 2022.
- Ecolab average gross margin for 2022 was 38.3%, a 6.2% increase from 2021.
- Ecolab average gross margin for 2021 was 40.83%, a 5.35% 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.