Garmin
GRMN
$143.03
Share price
0.17%
Change (1 day)
46.40%
Change (1 year)
Categories
Operating Margin for Garmin (GRMN)
Operating Margin as of April 2024 (TTM): 22.13%
According to Garmin's latest financial reports and stock price the company's current Operating Margin is 22.13%. At the end of 2022 the company had an Operating Margin of 21.15%.
Operating Margin history for Garmin from 2001 to 2023
Operating Margin at the end of each year
| Year | Operating Margin | Change |
|---|---|---|
| 2022 | 21.15% | -13.53% |
| 2021 | 24.46% | -2.88% |
| 2020 | 25.18% | 0.06% |
| 2019 | 25.17% | 8.23% |
| 2018 | 23.25% | 7.31% |
| 2017 | 21.67% | 4.83% |
| 2016 | 20.67% | 6.06% |
| 2015 | 19.49% | -19% |
| 2014 | 24.06% | 10.3% |
| 2013 | 21.81% | -1.96% |
| 2012 | 22.25% | 10.82% |
| 2011 | 20.07% | -6.66% |
| 2010 | 21.51% | -19.38% |
| 2009 | 26.68% | 8.13% |
| 2008 | 24.67% | -13.53% |
| 2007 | 28.53% | -8.73% |
| 2006 | 31.26% | -4.99% |
| 2005 | 32.90% | -7.3% |
| 2004 | 35.50% | -10.4% |
| 2003 | 39.62% | 3.85% |
| 2002 | 38.15% | 7.25% |
| 2001 | 35.57% |
Operating Margin for similar companies or competitors
| Company | Operating Margin | Operating Margin differencediff. | Country |
|---|---|---|---|
 Honeywell HON | 17.98% | -18.75% | 🇺🇸 USA |
 Motorola Solutions
MSI | 16.62% | -24.90% | 🇺🇸 USA |
 Trimble TRMB | 15.48% | -30.05% | 🇺🇸 USA |
 KVH Industries
KVHI | -5.74% | -125.94% | 🇺🇸 USA |
 Johnson Outdoors
JOUT | 7.92% | -64.21% | 🇺🇸 USA |
 Comtech Telecommunications CMTL | -7.62% | -134.43% | 🇺🇸 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.