Garmin Profit Margin

Garmin (GRMN) currently reports a profit margin of 24.47% as of June 2026. That compares with 23.21% in the prior-year period — up 5.4% year over year. That is above the Industrials sector average of 10.37%. Use the charts on this page to explore Garmin's profit margin history and peer comparisons.

Garmin's profit margin increased from 23.21% to 24.47% — a 5.4% year-over-year increase (period ending June 2026). Watching multi-year history on the chart below helps separate one-off swings from a lasting trend.

Garmin's profit margin of 24.47% is higher than the Industrials sector average of 10.37%. That is roughly 136.0% above the sector mean. A reading higher peers can reflect different growth expectations, capital structure, or profitability — so it is worth checking the peer comparison chart before drawing conclusions.

There is no universal 'good' profit margin, but Garmin's current 24.47% should be judged against Industrials norms (sector average: 10.37%) and against GRMN's own history. Strong, stable readings often indicate durable competitive advantage; volatile or declining ones deserve a closer look at margins and capital efficiency.

Start with the current profit margin of 24.47%, then check the historical chart for trend and the peer comparison chart for relative positioning. The Industrials average is 10.37%. From there, open related valuation or income-statement pages for Garmin, and consider following GRMN for alerts when major investors trade the stock.