GRMNNYSESearch, Detection, Navigation, Guidance, Aeronautical SysFiscal year ends December 26
GARMIN LTD
Financials through Q1 FY2026, quarter ended Mar 28, 2026Last filing: 10-Q on Jul 29, 2026
$286.16+1.37 (+0.48%)
Close on Oct 19, 2026
- Market cap
- $55.39B
- P/E (TTM)
- 31.9
- Dividend yield
- –
Garmin statistics
Financials through Mar 28, 2026, price as of Oct 19, 2026, median of Search, Detection, Navigation, Guidance, Aeronautical Sys companies for comparison
Valuation
| Measure | Garmin | Industry median |
|---|---|---|
| Market Cap | $55.19B | $229.23M |
| Enterprise Value | $52.49B | $194.73M |
| PE Ratio | 31.90 | 33.41 |
| PS Ratio | 7.39 | 3.14 |
| PB Ratio | 5.95 | 3.19 |
| P/TBV Ratio | 6.48 | 4.69 |
| P/FCF Ratio | 38.02 | 27.25 |
| P/OCF Ratio | 31.56 | 22.23 |
Enterprise value
| Measure | Garmin | Industry median |
|---|---|---|
| EV / Sales | 7.03 | 2.93 |
| EV / EBITDA | 26.58 | 19.97 |
| EV / EBIT | 26.58 | 25.47 |
| EV / FCF | 36.16 | 27.85 |
Income (trailing twelve months)
| Measure | Garmin | Industry median |
|---|---|---|
| Revenue | $7.46B | $102.39M |
| Gross Profit | $4.41B | $60.36M |
| Operating Income | $1.97B | -$4.31M |
| Pretax Income | $2.10B | -$2.26M |
| Net Income | $1.74B | -$6.57M |
| EBITDA | $1.97B | -$1.98M |
| EPS (Diluted) | $8.97 | -$0.07 |
Margins
| Measure | Garmin | Industry median |
|---|---|---|
| Gross Margin | 59.1% | 55.1% |
| Operating Margin | 26.5% | -6.04% |
| Pretax Margin | 28.1% | -4.11% |
| Profit Margin | 23.3% | -10.5% |
| EBITDA Margin | 26.5% | -2.67% |
| FCF Margin | 19.4% | -0.30% |
Returns
| Measure | Garmin | Industry median |
|---|---|---|
| Return on Equity (ROE) | 19.9% | -19.2% |
| Return on Assets (ROA) | 16.7% | -13.3% |
| Return on Invested Capital (ROIC) | 27.1% | -4.11% |
| Return on Capital Employed (ROCE) | 20.6% | -9.07% |
Growth
| Measure | Garmin | Industry median |
|---|---|---|
| Revenue Growth (YoY) | 15.7% | 8.85% |
| Net Income Growth (YoY) | 18.2% | 10.6% |
| EPS Growth (YoY) | 18.2% | 10.6% |
| FCF Growth (YoY) | 19.2% | 10.6% |
| Revenue Growth (3Y CAGR) | 14.2% | 7.08% |
| Revenue Growth (5Y CAGR) | 11.6% | 11.8% |
| EPS Growth (3Y CAGR) | 19.5% | 3.06% |
| EPS Growth (5Y CAGR) | 10.7% | 7.64% |
Balance sheet
| Measure | Garmin | Industry median |
|---|---|---|
| Cash & Short-Term Investments | $2.70B | $37.33M |
| Net Cash (Debt) | $2.70B | $3.92M |
| Net Cash Per Share | $14.01 | $0.28 |
| Equity (Book Value) | $9.27B | $57.36M |
| Book Value Per Share | $48.07 | $2.81 |
| Tangible Book Value | $8.52B | $10.71M |
| Working Capital | $4.62B | $54.64M |
Financial position
| Measure | Garmin | Industry median |
|---|---|---|
| Current Ratio | 4.36 | 2.50 |
| Quick Ratio | 2.65 | 1.54 |
Cash flow (trailing twelve months)
| Measure | Garmin | Industry median |
|---|---|---|
| Operating Cash Flow | $1.75B | -$653.46K |
| Capital Expenditures | -$297.00M | -$3.69M |
| Free Cash Flow | $1.45B | -$835.02K |
| FCF Per Share | $7.53 | -$0.02 |
Efficiency
| Measure | Garmin | Industry median |
|---|---|---|
| Asset Turnover | 0.72 | 0.59 |
| Inventory Turnover | 1.78 | 2.21 |
| Revenue Per Employee | $1.15M | $322.75K |
| Profits Per Employee | $267.11K | -$52.11K |
| Employee Count | 6,500 | 197 |
Dividends and yields
| Measure | Garmin | Industry median |
|---|---|---|
| Earnings Yield | 3.15% | -6.92% |
| FCF Yield | 2.63% | -0.62% |
| Payout Ratio | 39.9% | 30.3% |
| FCF Payout Ratio | 47.7% | 21.9% |
Shares
| Measure | Garmin | Industry median |
|---|---|---|
| Shares Outstanding | 192,853,000 | 44,856,700 |
| Shares Change (YoY) | 0.03% | 3.35% |
| Shares Change (QoQ) | 0.15% | 0.27% |
| Float | 159,301,000 | 36,934,400 |
| Shares Held by Insiders | 17.4% | 10.6% |
| Shares Held by Institutions | 57.1% | 63.5% |
Taxes
| Measure | Garmin | Industry median |
|---|---|---|
| Income Tax | $361.79M | $1.52M |
| Effective Tax Rate | 17.2% | 18.6% |
Scores
| Measure | Garmin | Industry median |
|---|---|---|
| Graham Number | $98.50 | $34.37 |
| Graham Upside | -65.6% | -58.3% |
| Altman Z-Score | 22.42 | 1.95 |
| Piotroski F-Score | 7 | 5 |
Calculated by StockData from Garmin's SEC filings and the latest closing price. Hover a measure to see its formula. The grey column is the median of companies in the same industry group (two-digit SIC code); green or red marks a better or worse value than that median.