GRMN
Garmin Ltd
NYSE: GRMN · TECHNOLOGY · SCIENTIFIC & TECHNICAL INSTRUMENTS
$251.14
-0.77% today
Updated 2026-04-30
Market cap
$48.43B
P/E ratio
28.00
P/S ratio
6.68x
EPS (TTM)
$8.97
Dividend yield
—
52W range
$181 – $273
Volume
0.9M
Garmin Ltd (GRMN) Financial statements
SEC filings — annual and quarterly data.
Profit margin
23.00%
Operating margin
28.90%
ROE
19.80%
ROA
11.40%
Debt/equity
0.02x
Margin trends — annual
Gross margin Operating margin Profit margin
| Year | Revenue | Net income | Gross margin | Op. margin | Profit margin |
|---|---|---|---|---|---|
| 2006 | $1.77B | $514.12M | 49.74% | 31.26% | 28.98% |
| 2007 | $3.18B | $855.01M | 46.01% | 28.53% | 26.88% |
| 2008 | $3.49B | $732.85M | 44.46% | 24.67% | 20.97% |
| 2009 | $2.95B | $703.95M | 49.01% | 26.68% | 23.89% |
| 2010 | $2.69B | $584.60M | 50.05% | 23.67% | 21.73% |
| 2011 | $2.76B | $520.90M | 48.52% | 20.07% | 18.88% |
| 2012 | $2.72B | $542.40M | 52.97% | 22.25% | 19.97% |
| 2013 | $2.63B | $612.41M | 53.47% | 21.81% | 23.27% |
| 2014 | $2.87B | $364.21M | 55.89% | 24.06% | 12.69% |
| 2015 | $2.82B | $456.23M | 54.56% | 19.49% | 16.18% |
| 2016 | $3.02B | $510.81M | 55.64% | 20.67% | 16.92% |
| 2017 | $3.09B | $694.96M | 57.76% | 21.67% | 22.51% |
| 2018 | $3.35B | $694.08M | 59.14% | 23.25% | 20.73% |
| 2019 | $3.76B | $952.49M | 59.45% | 25.17% | 25.35% |
| 2020 | $4.19B | $992.32M | 59.27% | 25.18% | 23.70% |
| 2021 | $4.98B | $1.08B | 58.01% | 24.46% | 21.72% |
| 2022 | $4.86B | $973.59M | 57.75% | 21.15% | 20.03% |
| 2023 | $5.23B | $1.29B | 57.48% | 20.89% | 24.67% |
| 2024 | $6.30B | $1.41B | 58.70% | 25.31% | 22.41% |
| 2025 | $7.25B | $1.66B | 58.74% | 25.89% | 22.96% |