IES Holdings Gross Margin 2010-2024 | IESC
- IES Holdings average gross margin for 2023 was 18.08%, a 18.02% increase from 2022.
- IES Holdings average gross margin for 2022 was 15.32%, a 19.2% increase from 2021.
- IES Holdings average gross margin for 2021 was 18.96%, a 2.76% 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.