Garmin Statistics
Total Valuation
Garmin has a market cap or net worth of $32.67 billion. The enterprise value is $30.58 billion.
| Market Cap | 32.67B |
| Enterprise Value | 30.58B |
Important Dates
The next confirmed earnings date is Wednesday, July 31, 2024, before market open.
| Earnings Date | Jul 31, 2024 |
| Ex-Dividend Date | Mar 14, 2025 |
Share Statistics
Garmin has 192.08 million shares outstanding. The number of shares has increased by 0.20% in one year.
| Shares Outstanding | 192.08M |
| Shares Change (YoY) | +0.20% |
| Shares Change (QoQ) | n/a |
| Owned by Insiders (%) | 19.56% |
| Owned by Institutions (%) | 55.57% |
| Float | 154.42M |
Valuation Ratios
The trailing PE ratio is 24.02 and the forward PE ratio is 28.84. Garmin's PEG ratio is 5.62.
| PE Ratio | 24.02 |
| Forward PE | 28.84 |
| PS Ratio | 5.98 |
| Forward PS | 5.42 |
| PB Ratio | 4.51 |
| P/FCF Ratio | 24.15 |
| PEG Ratio | 5.62 |
Enterprise Valuation
The stock's EV/EBITDA ratio is 20.60, with an EV/FCF ratio of 22.61.
| EV / Earnings | 22.43 |
| EV / Sales | 5.60 |
| EV / EBITDA | 20.60 |
| EV / EBIT | 23.42 |
| EV / FCF | 22.61 |
Financial Position
The company has a current ratio of 4.04, with a Debt / Equity ratio of 0.01.
| Current Ratio | 4.04 |
| Quick Ratio | 2.59 |
| Debt / Equity | 0.01 |
| Debt / EBITDA | 0.07 |
| Debt / FCF | 0.08 |
| Interest Coverage | n/a |
Financial Efficiency
Return on equity (ROE) is 20.40% and return on invested capital (ROIC) is 16.95%.
| Return on Equity (ROE) | 20.40% |
| Return on Assets (ROA) | 16.50% |
| Return on Capital (ROIC) | 16.95% |
| Revenue Per Employee | $274,496 |
| Profits Per Employee | $68,506 |
| Employee Count | 19,900 |
| Asset Turnover | 0.66 |
| Inventory Turnover | 1.66 |
Taxes
| Income Tax | -57.65M |
| Effective Tax Rate | -4.42% |
Stock Price Statistics
The stock price has increased by +57.94% in the last 52 weeks. The beta is 1.00, so Garmin's price volatility has been similar to the market average.
| Beta (5Y) | 1.00 |
| 52-Week Price Change | +57.94% |
| 50-Day Moving Average | 164.86 |
| 200-Day Moving Average | 137.45 |
| Relative Strength Index (RSI) | 62.85 |
| Average Volume (20 Days) | 719,014 |
Short Selling Information
The latest short interest is 2.01 million, so 1.05% of the outstanding shares have been sold short.
| Short Interest | 2.01M |
| Short Previous Month | 2.05M |
| Short % of Shares Out | 1.05% |
| Short % of Float | 1.30% |
| Short Ratio (days to cover) | 3.49 |
Income Statement
In the last 12 months, Garmin had revenue of $5.46 billion and earned $1.36 billion in profits. Earnings per share was $7.08.
| Revenue | 5.46B |
| Gross Profit | 3.15B |
| Operating Income | 1.19B |
| Pretax Income | 1.31B |
| Net Income | 1.36B |
| EBITDA | 1.48B |
| EBIT | 1.31B |
| Earnings Per Share (EPS) | $7.08 |
Balance Sheet
The company has $2.20 billion in cash and $105.86 million in debt, giving a net cash position of $2.09 billion or $10.88 per share.
| Cash & Cash Equivalents | 2.20B |
| Total Debt | 105.86M |
| Net Cash | 2.09B |
| Net Cash Per Share | $10.88 |
| Equity (Book Value) | 7.25B |
| Book Value Per Share | 37.72 |
| Working Capital | 3.40B |
Cash Flow
In the last 12 months, operating cash flow was $1.53 billion and capital expenditures -$179.80 million, giving a free cash flow of $1.35 billion.
| Operating Cash Flow | 1.53B |
| Capital Expenditures | -179.80M |
| Free Cash Flow | 1.35B |
| FCF Per Share | $7.05 |
Margins
Gross margin is 57.74%, with operating and profit margins of 21.85% and 24.96%.
| Gross Margin | 57.74% |
| Operating Margin | 21.85% |
| Pretax Margin | 23.90% |
| Profit Margin | 24.96% |
| EBITDA Margin | 27.18% |
| EBIT Margin | 23.90% |
| FCF Margin | 24.76% |
Dividends & Yields
This stock pays an annual dividend of $3.00, which amounts to a dividend yield of 1.76%.
| Dividend Per Share | $3.00 |
| Dividend Yield | 1.76% |
| Dividend Growth (YoY) | 2.74% |
| Years of Dividend Growth | 7 |
| Payout Ratio | 42.37% |
| Buyback Yield | -0.20% |
| Shareholder Yield | 1.56% |
| Earnings Yield | 4.17% |
| FCF Yield | 4.14% |
Analyst Forecast
The average price target for Garmin is $147.78, which is -13.11% lower than the current price. The consensus rating is "Hold".
| Price Target | $147.78 |
| Price Target Difference | -13.11% |
| Analyst Consensus | Hold |
| Analyst Count | 9 |
| Revenue Growth Forecast (5Y) | 10.68% |
| EPS Growth Forecast (5Y) | 4.43% |
Stock Splits
The last stock split was on August 16, 2006. It was a forward split with a ratio of 2:1.
| Last Split Date | Aug 16, 2006 |
| Split Type | Forward |
| Split Ratio | 2:1 |
Scores
Garmin has an Altman Z-Score of 16.61 and a Piotroski F-Score of 7.
| Altman Z-Score | 16.61 |
| Piotroski F-Score | 7 |