Current Net Margin
24.88%
Garmin Ltd. currently has a net profit margin of 24.88%.
Financial Fundamentals
GRMN • Quarterly Data • 5Y View
Historical Margin Data
| Date | Rev ($B) | NI ($B) | Net Margin | Change (bps) |
|---|---|---|---|---|
| 2025-12-27 | 2.12 | 0.53 | 24.88% | ▲220 |
| 2025-09-27 | 1.77 | 0.40 | 22.68% | ▲59 |
| 2025-06-28 | 1.81 | 0.40 | 22.09% | ▲41 |
| 2025-03-29 | 1.54 | 0.33 | 21.68% | ▼223 |
| 2024-12-31 | 1.82 | 0.44 | 23.91% | ▼126 |
| 2024-09-28 | 1.59 | 0.40 | 25.16% | ▲521 |
| 2024-06-29 | 1.51 | 0.30 | 19.95% | ▼2 |
| 2024-03-30 | 1.38 | 0.28 | 19.97% | ▼1660 |
| 2023-12-31 | 1.48 | 0.54 | 36.57% | ▲1643 |
| 2023-09-30 | 1.28 | 0.26 | 20.14% | ▼166 |
| 2023-07-01 | 1.32 | 0.29 | 21.80% | ▲417 |
| 2023-04-01 | 1.15 | 0.20 | 17.63% | ▼482 |
| 2022-12-31 | 1.31 | 0.29 | 22.45% | ▲396 |
| 2022-09-24 | 1.14 | 0.21 | 18.49% | ▼229 |
| 2022-06-25 | 1.24 | 0.26 | 20.78% | ▲274 |
| 2022-03-26 | 1.17 | 0.21 | 18.04% | ▼252 |
| 2021-12-31 | 1.39 | 0.29 | 20.56% | ▼117 |
| 2021-09-25 | 1.19 | 0.26 | 21.73% | ▼216 |
| 2021-06-26 | 1.33 | 0.32 | 23.89% | ▲337 |
| 2021-03-27 | 1.07 | 0.22 | 20.52% | ▼416 |
| 2020-12-31 | 1.35 | 0.33 | 24.68% | ▼357 |
| 2020-09-26 | 1.11 | 0.31 | 28.26% | ▲708 |
| 2020-06-27 | 0.87 | 0.18 | 21.17% | ▲235 |
| 2020-03-28 | 0.86 | 0.16 | 18.83% | ▼1391 |
| 2019-12-31 | 1.10 | 0.36 | 32.73% | ▲835 |
| 2019-09-28 | 0.93 | 0.23 | 24.39% | ▲96 |
| 2019-06-29 | 0.95 | 0.22 | 23.42% | ▲513 |
| 2019-03-30 | 0.77 | 0.14 | 18.30% | ▼210 |
| 2018-12-31 | 0.93 | 0.19 | 20.40% | ▼234 |
| 2018-09-29 | 0.81 | 0.18 | 22.74% | ▲146 |
| 2018-06-30 | 0.89 | 0.19 | 21.28% | ▲308 |
| 2018-03-31 | 0.71 | 0.13 | 18.20% | ▲258 |
| 2017-12-31 | 0.89 | 0.14 | 15.62% | ▼471 |
| 2017-09-30 | 0.74 | 0.15 | 20.33% | ▼133 |
| 2017-07-01 | 0.82 | 0.18 | 21.67% | ▼1567 |
| 2017-04-01 | 0.64 | 0.24 | 37.34% | ▲2147 |
| 2016-12-31 | 0.86 | 0.14 | 15.87% | ▼144 |
| 2016-09-24 | 0.72 | 0.13 | 17.31% | ▼253 |
| 2016-06-25 | 0.81 | 0.16 | 19.85% | ▲573 |
| 2016-03-26 | 0.62 | 0.09 | 14.12% | ▼283 |
| 2015-12-31 | 0.78 | 0.13 | 16.94% | ▼61 |
| 2015-09-26 | 0.68 | 0.12 | 17.55% | ▼25 |
| 2015-06-27 | 0.77 | 0.14 | 17.80% | ▲639 |
| 2015-03-28 | 0.59 | 0.07 | 11.41% | ▼1476 |
| 2014-12-31 | 0.80 | 0.21 | 26.17% | ▲4696 |
| 2014-09-27 | 0.71 | -0.15 | -20.79% | ▼4419 |
| 2014-06-28 | 0.78 | 0.18 | 23.40% | ▲302 |
| 2014-03-29 | 0.58 | 0.12 | 20.37% | ▼116 |
| 2013-12-31 | 0.76 | 0.16 | 21.53% | ▼762 |
| 2013-09-28 | 0.64 | 0.19 | 29.16% | ▲439 |
| 2013-06-29 | 0.70 | 0.17 | 24.76% | ▲810 |
| 2013-03-30 | 0.53 | 0.09 | 16.67% | ▼16 |
| 2012-12-31 | 0.77 | 0.13 | 16.82% | ▼405 |
| 2012-09-29 | 0.67 | 0.14 | 20.87% | ▼501 |
| 2012-06-30 | 0.72 | 0.19 | 25.89% | ▲1028 |
| 2012-03-31 | 0.56 | 0.09 | 15.61% | ▼259 |
| 2011-12-31 | 0.91 | 0.17 | 18.20% | ▼435 |
| 2011-09-24 | 0.67 | 0.15 | 22.55% | ▲631 |
| 2011-06-25 | 0.67 | 0.11 | 16.24% | ▼256 |
| 2011-03-26 | 0.51 | 0.10 | 18.80% | ▲294 |
| 2010-12-31 | 0.84 | 0.13 | 15.87% | ▼2451 |
| 2010-09-25 | 0.69 | 0.28 | 40.38% | ▲2188 |
| 2010-06-26 | 0.73 | 0.13 | 18.50% | ▲984 |
| 2010-03-27 | 0.43 | 0.04 | 8.66% | ▼1762 |
| 2009-12-31 | 1.06 | 0.28 | 26.28% | ▼126 |
| 2009-09-26 | 0.78 | 0.22 | 27.54% | ▲334 |
| 2009-06-27 | 0.67 | 0.16 | 24.19% | ▲1308 |
| 2009-03-28 | 0.44 | 0.05 | 11.11% | ▼393 |
| 2008-12-31 | 1.05 | 0.16 | 15.05% | ▼463 |
| 2008-09-27 | 0.87 | 0.17 | 19.68% | ▼842 |
| 2008-06-28 | 0.91 | 0.26 | 28.09% | ▲583 |
| 2008-03-29 | 0.66 | 0.15 | 22.26% | ▼299 |
| 2007-12-31 | 1.22 | 0.31 | 25.25% | ▼131 |
| 2007-09-29 | 0.73 | 0.19 | 26.56% | ▼232 |
| 2007-06-30 | 0.74 | 0.21 | 28.87% | ▲46 |
| 2007-03-31 | 0.49 | 0.14 | 28.42% | ▼109 |
| 2006-12-31 | 0.61 | 0.18 | 29.51% | ▼64 |
| 2006-09-30 | 0.41 | 0.12 | 30.14% | ▲163 |
| 2006-07-01 | 0.43 | 0.12 | 28.51% | ▲135 |
| 2006-04-01 | 0.32 | 0.09 | 27.15% | ▼14 |
| 2005-12-31 | 0.32 | 0.09 | 27.29% | ▼1349 |
| 2005-09-24 | 0.25 | 0.10 | 40.78% | ▲1273 |
| 2005-06-25 | 0.26 | 0.07 | 28.05% | ▲345 |
| 2005-03-26 | 0.19 | 0.05 | 24.60% | ▲306 |
| 2004-12-31 | 0.22 | 0.05 | 21.54% | ▼1313 |
| 2004-09-25 | 0.19 | 0.07 | 34.67% | ▲498 |
| 2004-06-26 | 0.19 | 0.06 | 29.69% | ▲780 |
| 2004-03-27 | 0.16 | 0.03 | 21.89% | ▼1019 |
| 2003-12-31 | 0.17 | 0.05 | 32.08% | ▲604 |
| 2003-09-27 | 0.14 | 0.04 | 26.05% | ▼688 |
| 2003-06-28 | 0.14 | 0.05 | 32.93% | ▼60 |
| 2003-03-29 | 0.12 | 0.04 | 33.52% | ▼49 |
| 2002-12-31 | 0.13 | 0.05 | 34.01% | ▼166 |
| 2002-09-28 | 0.11 | 0.04 | 35.66% | ▲949 |
| 2002-06-29 | 0.12 | 0.03 | 26.17% | ▼36 |
| 2002-03-30 | 0.10 | 0.03 | 26.53% | ▼362 |
| 2001-12-31 | 0.09 | 0.03 | 30.15% | ▲139 |
| 2001-09-29 | 0.09 | 0.03 | 28.76% | ▼656 |
| 2001-06-30 | 0.10 | 0.04 | 35.32% | ▲750 |
| 2001-03-31 | 0.09 | 0.02 | 27.82% | ▼441 |
| 2000-12-31 | 0.09 | 0.03 | 32.23% | ▲222 |
| 2000-09-30 | 0.09 | 0.03 | 30.01% | 0 |
| 2000-06-30 | 0.09 | 0.03 | 30.01% | 0 |
| 2000-03-31 | 0.09 | 0.03 | 30.01% | — |
* Basis Point (bps) change measures sequential efficiency shifts. 100 bps = 1.00% Margin change.