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Garmin Ltd
NASDAQ:GRMN

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Garmin Ltd
NASDAQ:GRMN
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Price: 148.87 USD 0.6% Market Closed
Updated: Mar 29, 2024

Gross Margin
Garmin Ltd

57.5%
Current
58%
Average
31.1%
Industry
Positive for the last year
57.5%
Positive average
58%
Worse than average
Better than industry value

Gross Margin is the amount of money a company retains after incurring the direct costs associated with producing the goods it sells and the services it provides. The higher the gross margin, the more capital a company retains, which it can then use to pay other costs or satisfy debt obligations.

Gross Margin
57.5%
=
Gross Profit
3B
/
Revenue
5.2B

Gross Margin Across Competitors

Gross Margin Comparison
Garmin Ltd Competitors

Country CH
Market Cap 28.7B USD
Gross Margin
57%
Country JP
Market Cap 15.9T JPY
Gross Margin
32%
Country JP
Market Cap 3.4T JPY
Gross Margin
29%
Country CN
Market Cap 87.5B CNY
Gross Margin
13%
Country KR
Market Cap 15.8T KRW
Gross Margin
23%
Country IN
Market Cap 447.7B INR
Gross Margin
10%
Country CN
Market Cap 30.8B CNY
Gross Margin
17%
Country JP
Market Cap 545.7B JPY
Gross Margin
14%
Country CN
Market Cap 25.3B CNY
Gross Margin
12%
Country JP
Market Cap 528.3B JPY
Gross Margin
43%
Country CN
Market Cap 22.6B CNY
Gross Margin
18%

Gross Margin Distribution

Gross Margin Distribution
Consumer products Industry

Profitability Report

View the profitability report to see the full profitability analysis for Garmin Ltd.

See Also

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What is Gross Margin?

Gross Margin is the amount of money a company retains after incurring the direct costs associated with producing the goods it sells and the services it provides. The higher the gross margin, the more capital a company retains, which it can then use to pay other costs or satisfy debt obligations.

Gross Margin
57.5%
=
Gross Profit
3B
/
Revenue
5.2B
What is the Gross Margin of Garmin Ltd?

Based on Garmin Ltd's most recent financial statements, the company has Gross Margin of 57.5%.