Gross Margin - Garmin Ltd (NYSE:GRMN) - Alpha Spread
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Garmin Ltd
NYSE:GRMN

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Garmin Ltd
NYSE:GRMN
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Price: 172.56 USD -0.07%
Market Cap: 33.3B USD
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Gross Margin
Garmin Ltd

57.7%
Current
58%
Average
31.7%
Industry

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
57.7%
=
Gross Profit
3.3B
/
Revenue
5.6B

Gross Margin Across Competitors

Country CH
Market Cap 33.1B USD
Gross Margin
58%
Country JP
Market Cap 16T JPY
Gross Margin
36%
Country JP
Market Cap 2.8T JPY
Gross Margin
30%
Country KR
Market Cap 18.8T KRW
Gross Margin
24%
Country IN
Market Cap 836.6B INR
Gross Margin
9%
Country CN
Market Cap 68.2B CNY
Gross Margin
14%
Country JP
Market Cap 574.6B JPY
Gross Margin
15%
Country JP
Market Cap 497.1B JPY
Gross Margin
44%
Country CN
Market Cap 21.8B CNY
Gross Margin
11%
Country CN
Market Cap 20.4B CNY
Gross Margin
16%
Country CN
Market Cap 19.6B CNY
Gross Margin
18%

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
57.7%
=
Gross Profit
3.3B
/
Revenue
5.6B
What is the Gross Margin of Garmin Ltd?

Based on Garmin Ltd's most recent financial statements, the company has Gross Margin of 57.7%.