GARMIN LTD Annual Operating Margin in % from 2017 to 2023
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Taxonomy & unit
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ratio: %
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Description
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The operating margin measures the profit a company makes on a dollar of sales after accounting for the direct costs involved in earning those revenues.
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Summary
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Garmin Ltd quarterly/annual Operating Margin history and growth rate from 2017 to 2023.
- Garmin Ltd Operating Margin for the quarter ending June 29, 2024 was 22.2 %, a 10.2% increase year-over-year.
- Garmin Ltd annual Operating Margin for 2023 was 20.9 %, a 1.23% decline from 2022.
- Garmin Ltd annual Operating Margin for 2022 was 21.2 %, a 13.5% decline from 2021.
- Garmin Ltd annual Operating Margin for 2021 was 24.5 %, a 2.86% decline from 2020.
Operating Margin, Annual (%)
Operating Margin, YoY Annual Growth (%)