Garmin Ratios and Metrics

Market cap in millions EUR. Fiscal year is January - December.

Millions EUR. Fiscal year is Jan - Dec.

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 3, 2026	Dec '25 Dec 27, 2025	Dec '24 Dec 28, 2024	Dec '23 Dec 30, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 25, 2021
Market Cap	41,613	33,994	34,603	21,169	15,187	22,243
Market Cap Growth	7.06%	-1.76%	63.46%	39.39%	-31.72%	12.48%
Enterprise Value	38,217	31,784	32,572	19,576	14,038	20,718
PE Ratio	29.42	23.92	28.68	19.16	18.31	23.97
Forward PE	26.65	24.27	28.64	23.78	18.81	23.45
PEG Ratio	-	2.72	1.81	3.46	2.77	3.10
PS Ratio	6.76	5.46	6.40	4.71	3.64	5.20
PB Ratio	5.46	4.41	5.13	3.52	2.85	4.24
P/TBV Ratio	4.79	4.43	5.16	3.52	2.87	4.25
P/FCF Ratio	35.92	29.04	32.52	20.84	32.51	36.75
P/OCF Ratio	29.97	24.24	28.13	17.91	22.44	25.58
EV/Sales Ratio	6.12	5.11	6.02	4.36	3.36	4.84
EV/EBITDA Ratio	20.82	17.93	21.38	17.95	13.72	17.57
EV/EBIT Ratio	23.62	19.73	23.80	20.87	15.90	19.80
EV/FCF Ratio	32.99	27.16	30.62	19.27	30.05	34.23
Debt / Equity Ratio	0.02	0.02	0.02	0.02	0.02	0.01
Debt / EBITDA Ratio	0.08	0.08	0.08	0.09	0.10	0.05
Debt / FCF Ratio	0.12	0.12	0.11	0.10	0.21	0.10
Net Debt / Equity Ratio	-0.29	-0.29	-0.30	-0.26	-0.22	-0.29
Net Debt / EBITDA Ratio	-1.25	-1.25	-1.33	-1.46	-1.12	-1.29
Net Debt / FCF Ratio	-1.89	-1.89	-1.91	-1.57	-2.46	-2.52
Asset Turnover	0.70	0.70	0.69	0.64	0.62	0.67
Inventory Turnover	1.84	1.84	1.84	1.55	1.50	2.10
Quick Ratio	2.32	2.32	2.31	2.12	1.74	1.86
Current Ratio	3.63	3.63	3.54	3.41	3.26	2.94
Return on Equity (ROE)	19.78%	19.78%	19.00%	19.52%	15.81%	18.61%
Return on Assets (ROA)	15.03%	15.03%	14.56%	14.37%	12.06%	14.68%
Return on Invested Capital (ROIC)	23.18%	23.18%	22.18%	20.70%	17.77%	23.14%
Return on Capital Employed (ROCE)	21.57%	21.57%	20.68%	15.81%	15.90%	19.86%
Earnings Yield	3.40%	4.18%	3.49%	5.22%	5.46%	4.17%
FCF Yield	2.78%	3.44%	3.07%	4.80%	3.08%	2.72%
Dividend Yield	1.38%	1.68%	1.42%	2.27%	3.82%	1.90%
Payout Ratio	39.90%	39.90%	40.55%	43.33%	69.75%	45.41%
Buyback Yield / Dilution	0.46%	0.46%	0.14%	0.32%	0.91%	-0.02%
Total Shareholder Return	1.84%	2.13%	1.56%	2.59%	4.73%	1.88%

Updated Dec 27, 2025. Data Source: Fiscal.ai. Standard template. Financial Sources.