Garmin Ltd (GRMN) Net margin US GAAP (year values)

2021 2022 2023 2024 2025   LTM ? CAGR 5 years ?
Net margin, % ? 21.7% 20.0% 24.7% 22.4% 23.0%   23.3%  
Changes by years, y/y, % -2pp -2pp +5pp -2pp +1pp     -0.6%

Garmin Ltd. Net margin, %

Garmin Ltd. Net margin, changes, pp

Garmin Ltd (GRMN) Net margin US GAAP (quarter values)

2025Q1 2025Q2 2025Q3 2025Q4 2026Q1   LTM ?
Net margin, % ? 21.7% 22.1% 22.7% 24.9% 23.1%   23.3%
Changes by years, y/y, % +2pp +2pp -2pp +1pp +1pp    
Changes by quarters, q/q, % -2pp +0pp +1pp +2pp -2pp    

Garmin Ltd. Net margin, %

Garmin Ltd. Net margin, changes, pp

Garmin Ltd. Net margin, changes, pp