Garmin EBITDA Margin 2010-2025 | GRMN
- Garmin average ebitda margin for 2024 was 26.35%, a 10.39% increase from 2023.
- Garmin average ebitda margin for 2023 was 23.87%, a 6.32% increase from 2022.
- Garmin average ebitda margin for 2022 was 25.48%, a 11.4% decline from 2021.
Ebitda margin can be defined as earnings before interest, taxes, depreciation and amortization as a portion of total revenue.