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Asset Utilization RatioAssets AverageEBIT MarginEBITDA MarginEBT MarginEnterprise ValueEquity AverageEquity RatioFCF MarginFCF Payout RatioGross MarginInventory AverageInvested CapitalNet MarginOperating MarginReturn on AssetsReturn on Capital EmployedReturn on EquityReturn on Invested CapitalReturn on Sales

Garmin (GRMN) Net Margin (2017 - 2025)

Garmin (GRMN) has disclosed Net Margin for 16 consecutive years, with 36.22% as the latest value for Q4 2025.

  • Quarterly Net Margin rose 229.0% to 36.22% in Q4 2025 from the year-ago period, while the trailing twelve-month figure was 26.29% through Dec 2025, up 97.0% year-over-year, with the annual reading at 26.29% for FY2025, 97.0% up from the prior year.
  • Net Margin hit 36.22% in Q4 2025 for Garmin, up from 22.68% in the prior quarter.
  • In the past five years, Net Margin ranged from a high of 36.22% in Q4 2025 to a low of 17.63% in Q2 2023.
  • Historically, Net Margin has averaged 23.25% across 5 years, with a median of 21.77% in 2021.
  • Biggest five-year swings in Net Margin: plummeted -652bps in 2021 and later skyrocketed 891bps in 2024.
  • Year by year, Net Margin stood at 30.52% in 2021, then dropped by -19bps to 24.7% in 2022, then grew by 1bps to 25.02% in 2023, then soared by 36bps to 33.93% in 2024, then grew by 7bps to 36.22% in 2025.
  • Business Quant data shows Net Margin for GRMN at 36.22% in Q4 2025, 22.68% in Q3 2025, and 22.09% in Q2 2025.