Garmin Ltd (GRMN) Net margin US GAAP (year values)
2019 2020 2021 2022 2023   LTM ? CAGR 5 years ?
Net margin, % ? 25.3% 23.7% 21.7% 20.0% 24.7%   25.5%  
Changes by years, y/y, % 0pp -2pp -2pp -2pp +5pp     +3.5%
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Garmin Ltd. Net margin, %

Garmin Ltd. Net margin, changes, pp

Garmin Ltd (GRMN) Net margin US GAAP (quarter values)
2023Q3 2023Q4 2024Q1 2024Q2 2024Q3   LTM ?
Net margin, % ? 20.1% 36.6% 20.0% 20.0% 25.2%   25.5%
Changes by years, y/y, % +2pp +14pp +2pp -2pp +5pp    
Changes by quarters, q/q, % -2pp +16pp -17pp 0pp +5pp    

Garmin Ltd. Net margin, %

Garmin Ltd. Net margin, changes, pp

Garmin Ltd. Net margin, changes, pp


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