Advanced Drainage Systems Gross Margin 2013-2024 | WMS
- Advanced Drainage Systems average gross margin for 2023 was 37.82%, a 17.53% increase from 2022.
- Advanced Drainage Systems average gross margin for 2022 was 32.18%, a 1.39% increase from 2021.
- Advanced Drainage Systems average gross margin for 2021 was 31.74%, a 5.1% 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.