Garmin (GRMN) EBT Margin (2009 - 2026)
Garmin (GRMN) posted EBT Margin of 26.95% for Q1 2026, down 9.88% sequentially from 29.9% in Q4 2025, and up 160.0% YoY from 10.36% in Q1 2025.
Garmin (GRMN) EBT Margin (2009 - 2026) Analysis & Trends
Garmin (GRMN) has 17 years of EBT Margin data on file, last reported at 26.95% in Q1 2026.
- Quarterly EBT Margin rose 160.0% year-over-year to 26.95% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 28.11% (up 86.0% YoY) and the FY2025 annual result came in at 27.8%, up 88.0% from the prior year.
- EBT Margin fell to 26.95% in Q1 2026 per GRMN's latest filing, from 29.9% in the prior quarter.
- The five-year high for EBT Margin was 30.66% in Q3 2024, with the low at 19.31% in Q3 2022.
- Average EBT Margin over 5 years is 24.85%, with a median of 25.25% recorded in 2022.
- Year-over-year, EBT Margin tumbled 556 bps in 2022 and surged 877 bps in 2024.
- Garmin's EBT Margin stood at 25.25% in 2022, then climbed by 2 bps to 25.84% in 2023, then grew by 10 bps to 28.32% in 2024, then increased by 6 bps to 29.9% in 2025, then decreased by 10 bps to 26.95% in 2026.
- Business Quant data shows GRMN's EBT Margin at 26.95% in Q1 2026, 29.9% in Q4 2025, and 28.79% in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBT Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Coherent | 3,591.32 Bn | 3,590.02 Bn | 679.95 Mn | 10.21% |
| 2 | Novanta | 69.39 Bn | 69.00 Bn | 113.58 Mn | 10.23% |
| 3 | Keysight Technologies | 57.75 Bn | 55.57 Bn | 995.00 Mn | 12.38% |
| 4 | Teledyne Technologies | 30.63 Bn | 30.33 Bn | 673.80 Mn | 17.86% |
| 5 | Fortive | 19.14 Bn | 18.79 Bn | 675.50 Mn | 15.30% |
| 6 | Trimble | 12.33 Bn | 12.10 Bn | 646.30 Mn | 13.97% |
| 7 | Cognex | 11.87 Bn | 11.58 Bn | 190.94 Mn | 23.01% |
| 8 | Sensata Technologies Holding | 6.78 Bn | 6.14 Bn | 286.30 Mn | 12.36% |
| 9 | Garmin | 4.63 Bn | 1.93 Bn | 1.04 Bn | 26.95% |
| 10 | Badger Meter | 4.28 Bn | 4.07 Bn | 84.33 Mn | 17.96% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 28, 2026 | 26.95% |
| Dec 27, 2025 | 29.90% |
| Sep 27, 2025 | 28.79% |
| Jun 28, 2025 | 26.47% |
| Mar 29, 2025 | 25.35% |
| Dec 28, 2024 | 28.32% |
| Sep 28, 2024 | 30.66% |
| Jun 29, 2024 | 24.29% |
| Mar 30, 2024 | 23.67% |
| Dec 30, 2023 | 25.84% |
| Sep 30, 2023 | 21.88% |
| Jul 1, 2023 | 23.92% |
| Apr 1, 2023 | 19.33% |
| Dec 31, 2022 | 25.25% |
| Sep 24, 2022 | 19.31% |
| Jun 25, 2022 | 22.48% |
| Mar 26, 2022 | 20.11% |
| Dec 25, 2021 | 22.19% |
| Sep 25, 2021 | 23.10% |
| Jun 26, 2021 | 28.04% |