Garmin Ltd.
Profit Margins
| Fiscal Year | Gross Margin | Operating Margin | Net Margin |
|---|---|---|---|
| FY2019 | 60.8% | 25.7% | 25.9% |
| FY2020 | 59.1% | 25.1% | 23.7% |
| FY2021 | 58.0% | 24.5% | 21.7% |
| FY2022 | 57.8% | 21.1% | 20.0% |
| FY2023 | 57.4% | 20.9% | 24.6% |
Profit Margins
| Fiscal Year | Gross Margin | Operating Margin | Net Margin |
|---|---|---|---|
| FY2019 | 60.8% | 25.7% | 25.9% |
| FY2020 | 59.1% | 25.1% | 23.7% |
| FY2021 | 58.0% | 24.5% | 21.7% |
| FY2022 | 57.8% | 21.1% | 20.0% |
| FY2023 | 57.4% | 20.9% | 24.6% |