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Garmin Ltd. logo

Garmin Ltd. (GRMN) Gross Margin

Annual Gross Margin

58.74%0.04%+0.07%

Summary

Current Value
As of today, GRMN annual gross margin is 58.74%, up +0.07% on
Historical Performance
GRMN annual gross margin is up +1.71% over the past 3 years, down -0.89% over the past 5 years
All-Time High Comparison
GRMN annual gross margin is currently -1.19% below its historical high of 59.45% set on
3-Year Low Comparison
GRMN annual gross margin is +2.19% above its 3-year low of 57.48% reached on
Sector Comparison
GRMN annual gross margin is higher than 68.93% of companies in Technology sector

Gross Margin Chart

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Performance

GRMN Performance
MetricDateValue1Y3Y5Y15Y
Annual Gross Margin58.74%+0.1%+1.7%-0.9%+17.4%
Quarterly Gross Margin59.21%-0.1%+3.8%+1.2%+30.6%
Price$250.69+10.8%+152.6%+102.5%+633.0%
PE Ratio29.17-5.8%+47.1%+21.8%+153.2%
Annual Revenue$7.25B+15.1%+49.1%+73.1%+169.4%
Annual Gross Profit$4.26B+15.1%+51.6%+71.5%+216.1%
Annual Operating Margin25.89%+2.3%+22.4%+2.8%+9.4%
Annual Net Margin22.96%+2.5%+14.6%-3.1%+5.7%

Gross Margin Highs

GRMN Annual Gross Margin Highs Comparison
PeriodHighDateCurrent
3Y58.74%at high
5Y59.27%N/A-0.9%
All59.45%-1.2%

Gross Margin Lows

GRMN Annual Gross Margin Lows Comparison
PeriodLowDateCurrent
3Y57.48%+2.2%
5Y57.48%+2.2%
All44.46%+32.1%

Gross Margin History

YearValueChange
58.74%+0.1%
58.70%+2.1%
57.48%-0.5%
57.75%-0.4%
58.01%-2.1%
59.27%-0.3%
59.45%+0.5%
59.14%+2.7%
57.60%+3.5%
55.64%+2.0%
54.56%-2.4%
55.89%+4.5%
53.47%+0.9%
52.97%+9.2%
YearValueChange
48.52%-3.1%
50.05%+2.1%
49.01%+10.2%
44.46%-3.4%
46.01%-7.5%
49.74%-4.5%
52.06%-3.5%
53.93%-6.5%
57.69%+5.2%
54.83%+2.1%
53.68%+1.0%
53.14%-2.6%
54.57%-

FAQ

  • What is the current annual gross margin of GRMN?

    As of today, GRMN annual gross margin is 58.74%

  • What is 1-year change in GRMN annual gross margin?

    GRMN annual gross margin is up +0.07% year-over-year

  • What is 3-year change in GRMN annual gross margin?

    GRMN annual gross margin is up +1.71% over the past 3 years

  • How far is GRMN annual gross margin from its all-time high?

    GRMN annual gross margin is currently -1.19% below its historical high of 59.45% set on December 28, 2019

  • How does GRMN annual gross margin rank versus sector peers?

    GRMN annual gross margin is higher than 68.93% of companies in Technology sector

  • When is GRMN next annual earnings release?

    As of today, the next annual earnings release for GRMN has not been scheduled

Gross Margin Formula

Gross Margin =  Gross Profit
Revenue
× 100%

Data Sources & References

  1. GRMN Official Website www.garmin.com
  2. Most Recent Quarterly Report (10-Q) www.sec.gov/Archives/edgar/data/1121788/000119312526056028/0001193125-26-056028-index.htm
  3. Most Recent Annual Report (10-K) www.sec.gov/Archives/edgar/data/1121788/000119312526056028/0001193125-26-056028-index.htm
  4. GRMN Profile on Yahoo Finance finance.yahoo.com/quote/GRMN
  5. GRMN Profile on NASDAQ.com www.nasdaq.com/market-activity/stocks/grmn