Growth Metrics

Garmin (GRMN) EBIT Margin (2017 - 2025)

Garmin's EBIT Margin history spans 15 years, with the latest figure at 28.9% for Q4 2025.

  • For Q4 2025, EBIT Margin rose 59.0% year-over-year to 28.9%; the TTM value through Dec 2025 reached 25.89%, up 58.0%, while the annual FY2025 figure was 25.89%, 58.0% up from the prior year.
  • EBIT Margin for Q4 2025 was 28.9% at Garmin, up from 25.79% in the prior quarter.
  • Across five years, EBIT Margin topped out at 28.9% in Q4 2025 and bottomed at 17.17% in Q2 2023.
  • The 5-year median for EBIT Margin is 22.83% (2023), against an average of 23.38%.
  • The largest annual shift saw EBIT Margin plummeted -487bps in 2021 before it soared 642bps in 2024.
  • A 5-year view of EBIT Margin shows it stood at 22.64% in 2021, then fell by -10bps to 20.45% in 2022, then grew by 12bps to 22.96% in 2023, then increased by 23bps to 28.32% in 2024, then rose by 2bps to 28.9% in 2025.
  • Per Business Quant, the three most recent readings for GRMN's EBIT Margin are 28.9% (Q4 2025), 25.79% (Q3 2025), and 26.03% (Q2 2025).