Essential Utilities Gross Margin 2010-2024 | WTRG
- Essential Utilities average gross margin for 2023 was 76.29%, a 0.24% increase from 2022.
- Essential Utilities average gross margin for 2022 was 76.47%, a 8.29% decline from 2021.
- Essential Utilities average gross margin for 2021 was 83.38%, a 11.35% 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.