• Epiroc Aktiebolag average gross margin for 2023 was 39.08%, a 2.57% decline from 2022.
• Epiroc Aktiebolag average gross margin for 2022 was 38.1%, a 0.96% increase from 2021.
• Epiroc Aktiebolag average gross margin for 2021 was 38.47%, a 38.62% 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.