Trimble Gross Margin 2010-2024 | TRMB
- Trimble average gross margin for 2023 was 60.2%, a 6.91% increase from 2022.
- Trimble average gross margin for 2022 was 56.31%, a 0.97% increase from 2021.
- Trimble average gross margin for 2021 was 55.77%, a 0.78% 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.