• Enterprise Products Partners average gross margin for 2023 was 12.79%, a 7.75% decline from 2022.
• Enterprise Products Partners average gross margin for 2022 was 11.87%, a 21.81% increase from 2021.
• Enterprise Products Partners average gross margin for 2021 was 15.18%, a 17.86% 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.