Growth Metrics

Garmin (GRMN) FCF Margin (2017 - 2026)

Garmin's FCF Margin history spans 17 years, with the latest figure at 26.77% for Q1 2026.

  • On a quarterly basis, FCF Margin rose 197.0% to 26.77% in Q1 2026 year-over-year; TTM through Mar 2026 was 19.45%, a 57.0% increase, with the full-year FY2025 number at 18.81%, down 86.0% from a year prior.
  • FCF Margin hit 26.77% in Q1 2026 for Garmin, up from 20.22% in the prior quarter.
  • Over the last five years, FCF Margin for GRMN hit a ceiling of 29.11% in Q1 2024 and a floor of 0.38% in Q2 2022.
  • Historically, FCF Margin has averaged 18.57% across 5 years, with a median of 20.25% in 2023.
  • The widest YoY moves for FCF Margin: up 2014bps in 2022, down -2017bps in 2022.
  • Tracing GRMN's FCF Margin over 5 years: stood at 23.68% in 2022, then grew by 19bps to 28.15% in 2023, then dropped by -22bps to 21.9% in 2024, then dropped by -8bps to 20.22% in 2025, then skyrocketed by 32bps to 26.77% in 2026.
  • Business Quant data shows FCF Margin for GRMN at 26.77% in Q1 2026, 20.22% in Q4 2025, and 24.0% in Q3 2025.