Garmin Profit Margin

The latest profit margin for GRMN is 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%. Investors often review this figure alongside Garmin's historical trend and sector peers before judging valuation or financial health.

Over the past year, GRMN's profit margin moved from 23.21% to 24.47% — a 5.4% year-over-year increase. If the trend continues in the same direction for several quarters, it can signal a meaningful shift in Garmin's valuation or profitability profile.

Against Industrials companies, GRMN currently prints 24.47% for profit margin, while the sector average sits near 10.37%. That is roughly 136.0% above the sector mean. Large gaps often invite a closer look at Garmin's growth, margins, and balance sheet.

Profit Margin shows how effectively Garmin converts resources into returns. At 24.47%, GRMN may look efficient or underperforming depending on peer benchmarks and trend direction. That compares with 23.21% in the prior-year period — up 5.4% year over year. Pair the percentage with revenue growth and leverage for a fuller health check.

After noting GRMN's profit margin (24.47%), review year-over-year change from 23.21%, peer averages, and a few neighboring metrics such as revenue, margins, or valuation multiples. That combination usually beats staring at a single figure. The navigation links on this page jump you to those related views.