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Garmin Ltd. logo

Garmin Ltd. (GRMN) Gross Margin

Annual Gross Margin

58.70%1.22%+2.12%

Summary

Current Value
As of today, GRMN annual gross margin is 58.70%, up +2.12% on
Historical Performance
GRMN annual gross margin is up +1.19% over the past 3 years, and down -1.26% over the past 5 years
All-Time High Comparison
GRMN annual gross margin is currently -1.26% below its historical high of 59.45% set on
3-Year Low Comparison
GRMN annual gross margin is +2.12% above its 3-year low of 57.48% reached on
Sector Comparison
GRMN annual gross margin is higher than 67.51% of companies in Technology sector

Gross Margin Chart

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Performance

GRMN Performance
MetricDateValue1Y3Y5Y15Y
Annual Gross Margin58.70%+2.1%+1.2%-1.3%+19.8%
Quarterly Gross Margin59.09%-1.5%+0.5%-1.9%+18.9%
Price$209.35+0.7%+113.3%+75.2%+577.5%
PE Ratio25.80-9.3%+32.6%+11.6%+148.1%
Annual Revenue$6.30B+20.4%+26.4%+67.6%+113.7%
Annual Gross Profit$3.70B+23.0%+27.9%+65.5%+156.0%
Annual Operating Margin25.31%+21.2%+3.5%+0.6%-5.1%
Annual Net Margin22.41%-9.2%+3.2%-11.6%-6.2%

Gross Margin Highs

GRMN Annual Gross Margin Highs Comparison
PeriodHighDateCurrent
3Y58.70%at high
5Y59.27%N/A-1.0%
All59.45%-1.3%

Gross Margin Lows

GRMN Annual Gross Margin Lows Comparison
PeriodLowDateCurrent
3Y57.48%+2.1%
5Y57.48%+2.1%
All44.46%+32.0%

Gross Margin History

YearValueChange
58.70%+2.1%
57.48%-0.5%
57.75%-0.4%
58.01%-2.1%
59.27%-0.3%
59.45%+0.5%
YearValueChange
59.14%+2.7%
57.60%+3.9%
55.44%+1.6%
54.56%-2.4%
55.89%-

FAQ

  • What is the current annual gross margin of GRMN?

    As of today, GRMN annual gross margin is 58.70%

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

    GRMN annual gross margin is up +2.12% year-over-year

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

    GRMN annual gross margin is up +1.19% over the past 3 years

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

    GRMN annual gross margin is currently -1.26% 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 67.51% of companies in Technology sector

  • When is GRMN next annual earnings release?

    The next annual earnings release for GRMN is on

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/1121788/000119312525254605/0001193125-25-254605-index.htm
  3. Most Recent Annual Report (10-K) www.sec.gov/Archives/edgar/data/1121788/000095017025022760/0000950170-25-022760-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