Garmin (GRMN) Profit Margin (2008 - 2026)
Garmin (GRMN) profit margin from Jun 28, 2008 to Mar 28, 2026. The current Garmin (GRMN) profit margin is 23.10%. You can export chart.
All data is split-adjusted. You can find the most accurate data from the reports on the SEC official website. We recommend verify information using official company filings before making investment decisions.
Annual Profit Margin
Quarterly Profit Margin
Annual Profit Margin change of Garmin (GRMN)
| Year | Profit Margin | Change |
|---|---|---|
| 2025 | 22.96% | +2.45% |
| 2024 | 22.41% | -9.13% |
| 2023 | 24.67% | +23.14% |
| 2022 | 20.03% | -7.77% |
| 2021 | 21.72% | -8.37% |
| 2020 | 23.70% | -6.50% |
| 2019 | 25.35% | +22.25% |
| 2018 | 20.73% | N/A |
| 2018 | 0.00% | -100.00% |
| 2018 | 21.28% | N/A |
| 2018 | 0.00% | -100.00% |
| 2017 | 22.71% | +11.72% |
| 2017 | 20.33% | -6.16% |
| 2017 | 21.67% | -41.70% |
| 2017 | 37.16% | +116.68% |
| 2016 | 17.15% | -0.94% |
| 2016 | 17.31% | -12.75% |
| 2016 | 19.84% | +40.58% |
| 2016 | 14.12% | -12.74% |
| 2015 | 16.18% | -7.84% |
| 2015 | 17.55% | -1.40% |
| 2015 | 17.80% | +56.02% |
| 2015 | 11.41% | -10.07% |
| 2014 | 12.69% | -161.03% |
| 2014 | -20.79% | -202.04% |
| 2014 | 20.37% | -12.45% |
| 2013 | 23.27% | +39.60% |
| 2013 | 16.67% | -16.54% |
| 2012 | 19.97% | -4.32% |
| 2012 | 20.87% | -19.36% |
| 2012 | 25.89% | +65.88% |
| 2012 | 15.61% | -17.36% |
| 2011 | 18.88% | -16.25% |
| 2011 | 22.55% | +38.82% |
| 2011 | 16.24% | -13.62% |
| 2011 | 18.80% | -13.49% |
| 2010 | 21.73% | -46.17% |
| 2010 | 40.38% | +118.25% |
| 2010 | 18.50% | +113.63% |
| 2010 | 8.66% | -63.75% |
| 2009 | 23.89% | +13.91% |
| 2008 | 20.97% | -21.98% |
| 2007 | 26.88% | N/A |
Comparison Garmin (GRMN) profit margin with competitors
Garmin (GRMN) profit margin is 23.10%.
| Ticker | Name | Profit Margin | Upside |
|---|---|---|---|
| SOTK | Sono-Tek Corp | 34.78% | +50.55% |
| KEYS | Keysight Technologies Inc | 20.33% | -12.00% |
| CGNX | Cognex Corp | 19.26% | -16.63% |
| ITRN | Ituran Location And Control Ltd | 16.15% | -30.09% |
| TDY | Teledyne Technologies Inc | 14.54% | -37.06% |
| BMI | Badger Meter Inc | 13.51% | -41.52% |
| FTV | Fortive Corp | 12.75% | -44.81% |
| VNT | Vontier Corporation | 12.56% | -45.63% |
| ESE | Esco Technologies Inc | 11.23% | -51.39% |
| COHR | Coherent Corp | 10.60% | -54.12% |
| TRMB | Trimble Inc | 10.52% | -54.46% |
| ST | Sensata Technologies Holding Plc | 9.32% | -59.66% |
| ITRI | Itron Inc | 9.11% | -60.57% |
| NOVT | Novanta Inc | 8.19% | -64.55% |
| MKSI | MKS Instruments Inc | 7.79% | -66.28% |
| GNSS | Genasys Inc | 4.66% | -79.83% |