Garmin
GRMN
#538
Rank
C$53.55 B
Marketcap
$278.89
Share price
1.29%
Change (1 day)
76.45%
Change (1 year)

Operating Margin for Garmin (GRMN)

Operating Margin as of November 2024 (TTM): 24.00%

According to Garmin's latest financial reports and stock price the company's current Operating Margin is 24.00%. At the end of 2023 the company had an Operating Margin of 20.89%.

Operating Margin history for Garmin from 2001 to 2024

Operating Margin at the end of each year

Year Operating Margin Change
202320.89%-1.22%
202221.15%-13.53%
202124.46%-2.88%
202025.18%0.06%
201925.17%8.23%
201823.25%6.17%
201721.90%5.4%
201620.78%6.63%
201519.49%-19%
201424.06%10.3%
201321.81%-1.96%
201222.25%10.82%
201120.07%-6.66%
201021.51%-21.64%
200927.45%4.81%
200826.19%-14.89%
200730.77%-1.58%
200631.26%-4.99%
200532.90%-7.3%
200435.50%-10.4%
200339.62%3.85%
200238.15%7.25%
200135.57%

Operating Margin for similar companies or competitors

Company Operating Margin Operating Margin differencediff. Country
9.39%-60.88%๐Ÿ‡บ๐Ÿ‡ธ USA
-5.60%-123.33%๐Ÿ‡บ๐Ÿ‡ธ USA
21.50%-10.42%๐Ÿ‡บ๐Ÿ‡ธ USA
-11.40%-147.50%๐Ÿ‡บ๐Ÿ‡ธ USA
3.89%-83.79%๐Ÿ‡บ๐Ÿ‡ธ USA
19.52%-18.67%๐Ÿ‡บ๐Ÿ‡ธ USA

What is a company's Operating Margin?

The operating margin is a key indicator to assess the profitability of a company. Higher operating margins are generaly better as they show that a company is able to sell its products or services for much more than their production costs. The operating margin is calculated by dividing a company's earnings by its revenue.