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	Feb '26 Feb 25, 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 Capitalization	41,475	33,598	38,550	22,250	16,551	22,866
Market Cap Growth	5.63%	-12.85%	73.26%	34.43%	-27.62%	21.21%
Enterprise Value	38,136	30,438	35,302	19,868	14,146	20,067
Last Close Price	214.00	171.00	-	-	-	-
PE Ratio	29.33	23.76	28.48	19.07	18.17	23.90
PS Ratio	6.73	5.46	6.38	4.70	3.64	5.19
PB Ratio	5.44	4.41	5.12	3.51	2.85	4.23
P/TBV Ratio	6.09	4.93	5.67	3.95	3.24	4.86
P/FCF Ratio	35.80	29.00	32.45	20.79	32.52	36.70
P/OCF Ratio	29.87	24.20	28.07	17.87	22.44	25.55
EV/Sales Ratio	6.21	4.94	5.85	4.20	3.11	4.56
EV/EBITDA Ratio	21.13	17.34	20.76	17.30	12.69	16.53
EV/EBIT Ratio	23.98	19.09	23.10	20.11	14.71	18.63
EV/FCF Ratio	32.92	26.27	29.72	18.57	27.79	32.20
Debt / Equity Ratio	0.02	0.02	0.02	0.02	0.02	0.02
Debt / EBITDA Ratio	0.09	0.09	0.09	0.11	0.11	0.06
Debt / FCF Ratio	0.14	0.14	0.13	0.12	0.26	0.13
Net Debt / Equity Ratio	-0.44	-0.44	-0.45	-0.42	-0.41	-0.49
Net Debt / EBITDA Ratio	-1.91	-1.91	-1.99	-2.33	-2.12	-2.20
Net Debt / FCF Ratio	-2.89	-2.89	-2.85	-2.50	-4.63	-4.29
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	2.33	2.33	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)	11.37%	11.37%	10.93%	8.36%	8.24%	10.23%
Return on Invested Capital (ROIC)	24.66%	25.95%	24.82%	21.68%	20.32%	26.90%
Return on Capital Employed (ROCE)	20.20%	20.20%	19.60%	15.00%	15.80%	19.00%
Earnings Yield	3.41%	4.21%	3.51%	5.24%	5.50%	4.18%
FCF Yield	2.79%	3.45%	3.08%	4.81%	3.08%	2.73%
Dividend Yield	1.43%	1.79%	-	-	-	-
Payout Ratio	39.90%	39.90%	40.55%	43.33%	69.75%	45.41%
Buyback Yield / Dilution	-0.17%	-0.17%	-0.64%	0.51%	0.00%	-0.60%
Total Shareholder Return	1.26%	1.62%	-0.64%	0.51%	0.00%	-0.60%

Source: S&P Global Market Intelligence. Standard template. Financial Sources.