Garmin
GRMN
#443
Rank
NZ$98.55 B
Marketcap
NZ$511.46
Share price
-0.29%
Change (1 day)
41.96%
Change (1 year)

Operating Margin for Garmin (GRMN)

Operating Margin as of November 2026 (TTM): 30.68%

According to Garmin's latest financial reports and stock price the company's current Operating Margin is 30.68%. 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
202221.15%-13.53%
202124.46%-2.88%
202025.18%0.06%
201925.17%8.23%
201823.25%7.31%
201721.67%4.83%
201620.67%6.06%
201519.49%-19%
201424.06%10.3%
201321.81%-1.96%
201222.25%10.82%
201120.07%-6.66%
201021.51%-19.38%
200926.68%8.13%
200824.67%-13.53%
200728.53%-8.73%
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
Honeywell
HON
14.62%-52.35%๐Ÿ‡บ๐Ÿ‡ธ USA
Motorola Solutions
MSI
24.07%-21.54%๐Ÿ‡บ๐Ÿ‡ธ USA
Trimble
TRMB
14.20%-53.72%๐Ÿ‡บ๐Ÿ‡ธ USA
KVH Industries
KVHI
-6.76%-122.03%๐Ÿ‡บ๐Ÿ‡ธ USA
Johnson Outdoors
JOUT
-1.56%-105.08%๐Ÿ‡บ๐Ÿ‡ธ USA
Comtech Telecommunications
CMTL
-31.10%-201.37%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.