Flowserve Gross Margin 2010-2024 | FLS
- Flowserve average gross margin for 2023 was 29.18%, a 4.14% increase from 2022.
- Flowserve average gross margin for 2022 was 28.02%, a 6.29% increase from 2021.
- Flowserve average gross margin for 2021 was 29.9%, a 3.39% 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.