Growth Metrics

Garmin (GRMN) EBIT: 2009-2024

Historic EBIT for Garmin (GRMN) over the last 15 years, with Dec 2024 value amounting to $1.6 billion.

  • Garmin's EBIT rose 4.42% to $456.8 million in Q3 2025 from the same period last year, while for Sep 2025 it was $1.8 billion, marking a year-over-year increase of 25.36%. This contributed to the annual value of $1.6 billion for FY2024, which is 45.95% up from last year.
  • As of FY2024, Garmin's EBIT stood at $1.6 billion, which was up 45.95% from $1.1 billion recorded in FY2023.
  • In the past 5 years, Garmin's EBIT registered a high of $1.6 billion during FY2024, and its lowest value of $1.0 billion during FY2022.
  • Over the past 3 years, Garmin's median EBIT value was $1.1 billion (recorded in 2023), while the average stood at $1.2 billion.
  • Per our database at Business Quant, Garmin's EBIT decreased by 15.66% in 2022 and then skyrocketed by 45.95% in 2024.
  • Over the past 5 years, Garmin's EBIT (Yearly) stood at $1.1 billion in 2020, then increased by 15.59% to $1.2 billion in 2021, then declined by 15.66% to $1.0 billion in 2022, then rose by 6.26% to $1.1 billion in 2023, then soared by 45.95% to $1.6 billion in 2024.