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
More GRMN financial trends
GRMN RevenueGRMN Net incomeGRMN Gross profitGRMN Gross marginGRMN Operating incomeGRMN Operating marginGRMN Operating cash flowGRMN Free cash flowGRMN Capital expendituresGRMN Return on equityGRMN Stock buybacksGRMN Dividends paidGRMN Total assetsGRMN Total liabilitiesGRMN Shareholders’ equityGRMN overview →