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Garmin (GRMN) Net Margin

Annual Net Margin

22.41%
-2.26%-9.16%

December 28, 2024

Summary

Performance

1-Year Change

-9.16%

3-Year Change

+3.18%

5-Year Change

-11.6%

15-Year Change

-1.32%

GRMN Net Margin Chart

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Highlights

Sector Rank

92.07%
GRMN annual net profit margin is higher than 92.07% of companies in Technology sector

High & Low

All-time High

31.18%
GRMN annual net profit margin is currently -28.13% below its historical high of 31.18%

3-Year Low

20.03%
GRMN annual net profit margin is currently +11.88% above its 3-year low

Earnings dates

Last Annual Earnings Report Date

Dec 28, 2024
GRMN previous annual earnings announcement was published on Dec 28, 2024

Next Annual Earnings Report Date

N/A
GRMN next annual earnings announcement has not yet been scheduled

OtherGRMNprofitabilitymetrics:

Annual Net Income

$1.41 B
GRMN annual net profit is $1.41 billion

Annual Revenue

$6.30 B
GRMN annual revenue is $6.30 billion

Annual Gross Margin

58.70%
GRMN annual gross profit margin is 58.70%

Annual EPS

$7.30
GRMN annual earnings per share is $7.30

Quarterly Net Margin

23.91%
-1.25%-4.97%

December 28, 2024

Summary

Performance

3-Month Change

-4.97%

1-Year Change

-34.62%

3-Year Change

-34.62%

5-Year Change

-34.62%

GRMN Quarterly Net Margin Chart

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Highlights

Sector Rank

92.33%
GRMN quarterly net profit margin is higher than 92.33% of companies in Technology sector

High & Low

All-time High

40.78%
GRMN quarterly net profit margin is currently -41.37% below its historical high of 40.78%

3-Year Low

17.63%
GRMN quarterly net profit margin is currently +35.62% above its 3-year low

Earnings dates

Last Quarterly Earnings Report Date

Dec 28, 2024
GRMN previous earnings announcement was published on Dec 28, 2024

Next Quarterly Earnings Report Date

May 1, 2025
GRMN next earnings announcement is scheduled for May 1, 2025

OtherGRMNprofitabilitymetrics:

Quarterly Net Income

$435.73 M
GRMN quarterly net profit is $435.73 million

Quarterly Revenue

$1.82 B
GRMN quarterly revenue is $1.82 billion

Quarterly Gross Margin

59.25%
GRMN quarterly gross profit margin is 59.25%

Quarterly EPS

$2.25
GRMN quarterly earnings per share is $2.25

Net Margin Formula

Net Margin =  Net Income
Revenue ✕ 100%

Annual Net Margin

22.41%
GRMN annual net profit margin is 22.41%

Annual Net Income

$1.41 B
GRMN annual net profit is $1.41 billion

Annual Revenue

$6.30 B
GRMN annual revenue is $6.30 billion

GRMN Net Margin Trends

PeriodPeriodAnnualAnnualQuarterlyQuarterly
1 y1 year-9.2%-34.6%
3 y3 years+3.2%-34.6%
5 y5 years-11.6%-34.6%

GRMN Net Margin Highs & Lows

PeriodPeriodAnnual vs highAnnual vs highAnnual vs lowAnnual vs lowQuarter. vs highQuarter. vs highQuarter. vs lowQuarter. vs low
3 y3-year-9.2%+11.9%-34.6%+35.6%
5 y5-year-11.6%+11.9%-34.6%+35.6%
alltimeall time-28.1%+76.6%-41.4%+215.0%

Garmin Net Margin History

DateAnnualQuarterly
Dec 2024
22.41%(-9.2%)
23.91%(-5.0%)
Sep 2024
-
25.16%(+26.1%)
Jun 2024
-
19.95%(-0.1%)
Mar 2024
-
19.97%(-45.4%)
Dec 2023
24.67%(+23.2%)
36.57%(+81.6%)
Sep 2023
-
20.14%(-7.6%)
Jun 2023
-
21.80%(+23.7%)
Mar 2023
-
17.63%(-21.5%)
Dec 2022
20.03%(-7.8%)
22.45%(+21.4%)
Sep 2022
-
18.49%(-11.0%)
Jun 2022
-
20.78%(+15.2%)
Mar 2022
-
18.04%(-12.3%)
Dec 2021
21.72%(-8.4%)
20.56%(-5.4%)
Sep 2021
-
21.73%(-9.0%)
Jun 2021
-
23.89%(+16.4%)
Mar 2021
-
20.52%(-16.9%)
Dec 2020
23.70%(-6.5%)
24.68%(-12.7%)
Sep 2020
-
28.26%(+33.5%)
Jun 2020
-
21.17%(+12.4%)
Mar 2020
-
18.83%(-42.5%)
Dec 2019
25.35%(+22.3%)
32.73%(+34.2%)
Sep 2019
-
24.39%(+4.1%)
Jun 2019
-
23.42%(+28.0%)
Mar 2019
-
18.30%(-10.3%)
Dec 2018
20.73%(-8.7%)
20.40%(-10.3%)
Sep 2018
-
22.74%(+6.9%)
Jun 2018
-
21.28%(+16.9%)
Mar 2018
-
18.20%(+14.5%)
Dec 2017
22.71%(+33.6%)
15.89%(-21.0%)
Sep 2017
-
20.11%(-5.5%)
Jun 2017
-
21.28%(-42.7%)
Mar 2017
-
37.16%(+130.0%)
Dec 2016
17.00%(+5.1%)
16.16%(-6.6%)
Sep 2016
-
17.31%(-12.8%)
Jun 2016
-
19.85%(+40.6%)
Mar 2016
-
14.12%(-16.6%)
Dec 2015
16.18%(+27.5%)
16.94%(-3.5%)
Sep 2015
-
17.55%(-1.4%)
Jun 2015
-
17.80%(+56.0%)
Mar 2015
-
11.41%(-56.4%)
Dec 2014
12.69%(-45.5%)
26.17%(-225.9%)
Sep 2014
-
-20.79%(-188.8%)
Jun 2014
-
23.40%(+14.9%)
Mar 2014
-
20.37%(-5.4%)
Dec 2013
23.27%(+16.5%)
21.53%(-26.2%)
Sep 2013
-
29.16%(+17.8%)
Jun 2013
-
24.76%(+48.5%)
Mar 2013
-
16.67%(-0.9%)
Dec 2012
19.97%
16.82%(-19.4%)
Sep 2012
-
20.87%(-19.4%)
DateAnnualQuarterly
Jun 2012
-
25.89%(+65.9%)
Mar 2012
-
15.61%(-14.2%)
Dec 2011
18.88%(-13.1%)
18.20%(-19.3%)
Sep 2011
-
22.55%(+38.9%)
Jun 2011
-
16.24%(-13.6%)
Mar 2011
-
18.80%(+18.5%)
Dec 2010
21.73%(-9.0%)
15.87%(-60.7%)
Sep 2010
-
40.38%(+118.3%)
Jun 2010
-
18.50%(+113.6%)
Mar 2010
-
8.66%(-67.0%)
Dec 2009
23.89%(+13.9%)
26.28%(-4.6%)
Sep 2009
-
27.54%(+13.8%)
Jun 2009
-
24.19%(+117.7%)
Mar 2009
-
11.11%(-26.2%)
Dec 2008
20.97%(-22.0%)
15.05%(-23.5%)
Sep 2008
-
19.68%(-29.9%)
Jun 2008
-
28.09%(+26.2%)
Mar 2008
-
22.26%(-11.8%)
Dec 2007
26.88%(-7.2%)
25.25%(-4.9%)
Sep 2007
-
26.56%(-8.0%)
Jun 2007
-
28.87%(+1.6%)
Mar 2007
-
28.42%(-3.7%)
Dec 2006
28.98%(-4.3%)
29.51%(-2.1%)
Sep 2006
-
30.14%(+5.7%)
Jun 2006
-
28.51%(+5.0%)
Mar 2006
-
27.15%(-0.5%)
Dec 2005
30.28%(+12.2%)
27.29%(-33.1%)
Sep 2005
-
40.78%(+45.4%)
Jun 2005
-
28.05%(+14.0%)
Mar 2005
-
24.60%(+14.2%)
Dec 2004
26.98%(-13.5%)
21.54%(-37.9%)
Sep 2004
-
34.67%(+16.8%)
Jun 2004
-
29.69%(+35.6%)
Mar 2004
-
21.89%(-31.8%)
Dec 2003
31.18%(+1.6%)
32.08%(+23.1%)
Sep 2003
-
26.05%(-20.9%)
Jun 2003
-
32.93%(-1.8%)
Mar 2003
-
33.52%(-1.4%)
Dec 2002
30.70%(-0.1%)
34.00%(-4.7%)
Sep 2002
-
35.66%(+36.3%)
Jun 2002
-
26.17%(-1.4%)
Mar 2002
-
26.53%(-12.0%)
Dec 2001
30.73%(+0.6%)
30.15%(+4.8%)
Sep 2001
-
28.76%(-18.6%)
Jun 2001
-
35.32%(+27.0%)
Mar 2001
-
27.82%(-13.7%)
Dec 2000
30.56%(+10.8%)
32.23%(+7.4%)
Sep 2000
-
30.01%(0.0%)
Jun 2000
-
30.01%(0.0%)
Mar 2000
-
30.01%
Dec 1999
27.59%
-

FAQ

  • What is Garmin annual net profit margin?
  • What is the all time high annual net margin for Garmin?
  • What is Garmin annual net margin year-on-year change?
  • What is Garmin quarterly net profit margin?
  • What is the all time high quarterly net margin for Garmin?
  • What is Garmin quarterly net margin year-on-year change?

What is Garmin annual net profit margin?

The current annual net margin of GRMN is 22.41%

What is the all time high annual net margin for Garmin?

Garmin all-time high annual net profit margin is 31.18%

What is Garmin annual net margin year-on-year change?

Over the past year, GRMN annual net profit margin has changed by -2.26% (-9.16%)

What is Garmin quarterly net profit margin?

The current quarterly net margin of GRMN is 23.91%

What is the all time high quarterly net margin for Garmin?

Garmin all-time high quarterly net profit margin is 40.78%

What is Garmin quarterly net margin year-on-year change?

Over the past year, GRMN quarterly net profit margin has changed by -12.66% (-34.62%)