Garmin Ltd (GRMN)
142.79
+0.28
(+0.20%)
USD |
NYSE |
Apr 24, 16:00
142.83
+0.04
(+0.03%)
Pre-Market: 20:00
Garmin Gross Profit Margin (Quarterly): 58.29% for Dec. 31, 2023
Gross Profit Margin (Quarterly) Chart
Historical Gross Profit Margin (Quarterly) Data
| Date | Value |
|---|---|
| December 31, 2023 | 58.29% |
| September 30, 2023 | 57.03% |
| June 30, 2023 | 57.50% |
| March 31, 2023 | 56.89% |
| December 31, 2022 | 57.03% |
| September 30, 2022 | 58.79% |
| June 30, 2022 | 58.74% |
| March 31, 2022 | 56.49% |
| December 31, 2021 | 55.48% |
| September 30, 2021 | 58.39% |
| June 30, 2021 | 58.85% |
| March 31, 2021 | 59.83% |
| December 31, 2020 | 58.53% |
| September 30, 2020 | 60.22% |
| June 30, 2020 | 59.25% |
| March 31, 2020 | 59.21% |
| December 31, 2019 | 58.01% |
| September 30, 2019 | 60.73% |
| June 30, 2019 | 60.26% |
| March 31, 2019 | 58.96% |
| December 31, 2018 | 58.92% |
| September 30, 2018 | 59.35% |
| June 30, 2018 | 58.50% |
| March 31, 2018 | 60.00% |
| December 31, 2017 | 56.11% |
| Date | Value |
|---|---|
| September 30, 2017 | 58.24% |
| June 30, 2017 | 58.22% |
| March 31, 2017 | 58.11% |
| December 31, 2016 | 54.03% |
| September 30, 2016 | 56.21% |
| June 30, 2016 | 57.04% |
| March 31, 2016 | 54.46% |
| December 31, 2015 | 52.88% |
| September 30, 2015 | 53.29% |
| June 30, 2015 | 54.18% |
| March 31, 2015 | 58.78% |
| December 31, 2014 | 53.63% |
| September 30, 2014 | 56.39% |
| June 30, 2014 | 57.14% |
| March 31, 2014 | 56.73% |
| December 31, 2013 | 51.95% |
| September 30, 2013 | 54.83% |
| June 30, 2013 | 55.08% |
| March 31, 2013 | 51.91% |
| December 31, 2012 | 48.64% |
| September 30, 2012 | 53.40% |
| June 30, 2012 | 58.74% |
| March 31, 2012 | 50.98% |
| December 31, 2011 | 47.69% |
| September 30, 2011 | 51.62% |
Gross Profit Margin Definition
Gross Profit Margin is calculated using Gross Profit/Revenue. This metric measures the overall efficiency of a company in being able to turn revenue into gross profit and doing this by keeping cost of goods sold low. An analyst looking at gross profit margin might look for a higher gross profit margin relative to other comparable companies as well as a gross profit margin that is growing.
Gross Profit Margin (Quarterly) Range, Past 5 Years
55.48%
Minimum
Dec 2021
60.73%
Maximum
Sep 2019
58.40%
Average
58.53%
Median
Dec 2020
Gross Profit Margin (Quarterly) Benchmarks
| NVIDIA Corp | 75.97% |
| Palo Alto Networks Inc | 74.73% |
| Logitech International SA | 41.96% |
| WISeKey International Holding Ltd | -- |
| Sportradar Group AG | 76.64% |
Gross Profit Margin (Quarterly) Related Metrics
| Return on Equity | 20.09% |
| Return on Assets | 16.16% |
| Return on Invested Capital | 20.09% |
| Profit Margin (Quarterly) | 36.57% |
| Operating Margin (Quarterly) | 22.96% |
| Return on Net Operating Assets | 30.56% |