Garmin Ratios and Metrics

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

Millions BRL. Fiscal year is Jan - Dec.

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Feb '26 Feb 24, 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	249,709	218,883	249,504	119,336	93,513	146,783
Market Cap Growth	7.54%	-12.27%	109.08%	27.61%	-36.29%	22.60%
Enterprise Value	229,499	198,296	228,481	106,562	79,925	128,813
Last Close Price	639.00	526.52	625.71	301.99	220.21	349.58
PE Ratio	27.10	23.76	28.48	19.07	18.17	23.90
PS Ratio	6.22	5.46	6.38	4.70	3.64	5.19
PB Ratio	5.03	4.41	5.12	3.51	2.85	4.23
P/TBV Ratio	5.63	4.93	5.67	3.95	3.24	4.86
P/FCF Ratio	33.09	29.00	32.45	20.79	32.52	36.70
P/OCF Ratio	27.61	24.20	28.07	17.87	22.44	25.55
EV/Sales Ratio	6.17	4.94	5.85	4.20	3.11	4.56
EV/EBITDA Ratio	21.01	17.34	20.76	17.30	12.69	16.53
EV/EBIT Ratio	23.84	19.09	23.10	20.11	14.71	18.63
EV/FCF Ratio	30.41	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	3.69%	4.21%	3.51%	5.24%	5.50%	4.18%
FCF Yield	3.02%	3.45%	3.08%	4.81%	3.08%	2.73%
Dividend Yield	1.44%	3.79%	2.98%	4.69%	7.01%	4.35%
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%	3.61%	2.34%	5.20%	7.01%	3.75%

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