GARMIN LTD (GRMN) Net margin 2016–2025
GARMIN LTD (GRMN) net profit margin by fiscal year — reported net income divided by reported revenue.
23.0%FY2025 · since FY2016: 17.0% → 23.0%
| Fiscal year | Value | YoY |
|---|---|---|
| FY2025 | 23.0% | +0.5 pp |
| FY2024 | 22.4% | -2.3 pp |
| FY2023 | 24.7% | +4.6 pp |
| FY2022 | 20.0% | -1.7 pp |
| FY2021 | 21.7% | -2.0 pp |
| FY2020 | 23.7% | -1.6 pp |
| FY2019 | 25.3% | +4.6 pp |
| FY2018 | 20.7% | -2.0 pp |
| FY2017 | 22.7% | +5.7 pp |
| FY2016 | 17.0% | — |
Net margin = reported net income ÷ reported revenue for the same fiscal year. Loss years show as a negative margin.
Source: SEC XBRL filings · For reference only · Not investment advice