• Moog average gross margin for 2023 was 26.77%, a 1.25% increase from 2022.
• Moog average gross margin for 2022 was 27.11%, a 1.88% decline from 2021.
• Moog average gross margin for 2021 was 26.61%, a 0.83% 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.