Wartsila Gross Margin 2017-2024 | WRTBY
- Wartsila average gross margin for 2023 was 39.86%, a 20.75% increase from 2022.
- Wartsila average gross margin for 2022 was 33.01%, a 34.81% increase from 2021.
- Wartsila average gross margin for 2021 was 50.64%, a 220.1% 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.