Garmin Ltd.GRMNNYSE
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Gross Profit Over Time
Trending higher, above historical average, strong compound growth.
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Revenue minus cost of goods sold
Latest
$3.70B
↑ 53% above average
Average (9y)
$2.41B
Historical baseline
Range
High:$3.70B
Low:$1.54B
CAGR
+10.2%
Consistent expansion
| Period | Value | Change |
|---|---|---|
| 2024 | $3.70B | +23.0% |
| 2023 | $3.00B | +7.1% |
| 2022 | $2.81B | -2.9% |
| 2021 | $2.89B | +16.5% |
| 2020 | $2.48B | +11.1% |
| 2019 | $2.23B | +12.8% |
| 2018 | $1.98B | +11.0% |
| 2017 | $1.78B | +6.2% |
| 2016 | $1.68B | +9.2% |
| 2015 | $1.54B | - |