• KBR average gross margin for 2023 was 13.78%, a 20.03% increase from 2022.
• KBR average gross margin for 2022 was 11.48%, a 0.61% increase from 2021.
• KBR average gross margin for 2021 was 11.55%, a 0.69% 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.