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 18, 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	39,240	34,220	34,833	21,310	15,288	22,391
Market Cap Growth	-2.25%	-1.76%	63.46%	39.39%	-31.72%	12.48%
Enterprise Value	35,825	31,996	32,788	19,706	14,131	20,856
PE Ratio	27.75	23.92	28.68	19.16	18.31	23.97
Forward PE	24.92	24.27	28.64	23.78	18.81	23.45
PEG Ratio	-	2.72	1.81	3.46	2.77	3.10
PS Ratio	6.37	5.46	6.40	4.71	3.64	5.20
PB Ratio	5.15	4.41	5.13	3.52	2.85	4.24
P/TBV Ratio	4.36	4.43	5.16	3.52	2.87	4.25
P/FCF Ratio	33.87	29.04	32.52	20.84	32.51	36.75
P/OCF Ratio	28.26	24.24	28.13	17.91	22.44	25.58
EV/Sales Ratio	5.70	5.11	6.02	4.36	3.36	4.84
EV/EBITDA Ratio	19.41	17.93	21.38	17.95	13.72	17.57
EV/EBIT Ratio	22.02	19.73	23.80	20.87	15.90	19.80
EV/FCF Ratio	30.92	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	3.60%	4.18%	3.49%	5.22%	5.46%	4.17%
FCF Yield	2.95%	3.44%	3.07%	4.80%	3.08%	2.72%
Dividend Yield	1.53%	1.68%	1.42%	2.27%	3.82%	1.90%
Payout Ratio	42.34%	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	1.99%	2.13%	1.56%	2.59%	4.73%	1.88%

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