Hannover Ruck SE Gross Margin 2011-2024 | HVRRY
- Hannover Ruck SE average gross margin for 2023 was 19.42%, a 33.79% decline from 2022.
- Hannover Ruck SE average gross margin for 2022 was 29.33%, a 1.63% decline from 2021.
- Hannover Ruck SE average gross margin for 2021 was 28.86%, a 1.43% increase 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.