Waters Gross Margin 2010-2024 | WAT
- Waters average gross margin for 2023 was 58.75%, a 1.22% increase from 2022.
- Waters average gross margin for 2022 was 58.04%, a 0.53% increase from 2021.
- Waters average gross margin for 2021 was 58.35%, a 1.62% 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.