Garmin Statistics
Total Valuation
Garmin has a market cap or net worth of $40.19 billion. The enterprise value is $36.80 billion.
| Market Cap | 40.19B |
| Enterprise Value | 36.80B |
Important Dates
The next estimated earnings date is Wednesday, February 19, 2025, before market open.
| Earnings Date | Feb 19, 2025 |
| Ex-Dividend Date | Mar 14, 2025 |
Share Statistics
Garmin has 192.02 million shares outstanding. The number of shares has increased by 0.57% in one year.
| Current Share Class | 192.02M |
| Shares Outstanding | 192.02M |
| Shares Change (YoY) | +0.57% |
| Shares Change (QoQ) | +0.14% |
| Owned by Insiders (%) | 19.11% |
| Owned by Institutions (%) | 57.57% |
| Float | 154.43M |
Valuation Ratios
The trailing PE ratio is 26.62 and the forward PE ratio is 28.63. Garmin's PEG ratio is 1.81.
| PE Ratio | 26.62 |
| Forward PE | 28.63 |
| PS Ratio | 6.74 |
| Forward PS | 6.06 |
| PB Ratio | 5.36 |
| P/TBV Ratio | 5.98 |
| P/FCF Ratio | 31.97 |
| P/OCF Ratio | 28.41 |
| PEG Ratio | 1.81 |
Enterprise Valuation
The stock's EV/EBITDA ratio is 23.05, with an EV/FCF ratio of 29.28.
| EV / Earnings | 24.25 |
| EV / Sales | 6.18 |
| EV / EBITDA | 23.05 |
| EV / EBIT | 25.95 |
| EV / FCF | 29.28 |
Financial Position
The company has a current ratio of 3.30, with a Debt / Equity ratio of 0.02.
| Current Ratio | 3.30 |
| Quick Ratio | 2.13 |
| Debt / Equity | 0.02 |
| Debt / EBITDA | 0.09 |
| Debt / FCF | 0.11 |
| Interest Coverage | n/a |
Financial Efficiency
Return on equity (ROE) is 21.91% and return on invested capital (ROIC) is 12.54%.
| Return on Equity (ROE) | 21.91% |
| Return on Assets (ROA) | 10.24% |
| Return on Capital (ROIC) | 12.54% |
| Revenue Per Employee | $299,339 |
| Profits Per Employee | $76,273 |
| Employee Count | 19,900 |
| Asset Turnover | 0.69 |
| Inventory Turnover | 1.68 |
Taxes
In the past 12 months, Garmin has paid $44.47 million in taxes.
| Income Tax | 44.47M |
| Effective Tax Rate | 2.85% |
Stock Price Statistics
The stock price has increased by +63.44% in the last 52 weeks. The beta is 0.99, so Garmin's price volatility has been similar to the market average.
| Beta (5Y) | 0.99 |
| 52-Week Price Change | +63.44% |
| 50-Day Moving Average | 199.96 |
| 200-Day Moving Average | 172.74 |
| Relative Strength Index (RSI) | 49.72 |
| Average Volume (20 Days) | 899,712 |
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) | 2.57 |
Income Statement
In the last 12 months, Garmin had revenue of $5.96 billion and earned $1.52 billion in profits. Earnings per share was $7.86.
| Revenue | 5.96B |
| Gross Profit | 3.48B |
| Operating Income | 1.42B |
| Pretax Income | 1.36B |
| Net Income | 1.52B |
| EBITDA | 1.60B |
| EBIT | 1.42B |
| Earnings Per Share (EPS) | $7.86 |
Balance Sheet
The company has $2.42 billion in cash and $143.23 million in debt, giving a net cash position of $3.39 billion or $17.64 per share.
| Cash & Cash Equivalents | 2.42B |
| Total Debt | 143.23M |
| Net Cash | 3.39B |
| Net Cash Per Share | $17.64 |
| Equity (Book Value) | 7.51B |
| Book Value Per Share | 39.07 |
| Working Capital | 3.63B |
Cash Flow
In the last 12 months, operating cash flow was $1.41 billion and capital expenditures -$157.52 million, giving a free cash flow of $1.26 billion.
| Operating Cash Flow | 1.41B |
| Capital Expenditures | -157.52M |
| Free Cash Flow | 1.26B |
| FCF Per Share | $6.55 |
Margins
Gross margin is 58.43%, with operating and profit margins of 23.81% and 25.48%.
| Gross Margin | 58.43% |
| Operating Margin | 23.81% |
| Pretax Margin | 26.23% |
| Profit Margin | 25.48% |
| EBITDA Margin | 26.81% |
| EBIT Margin | 23.81% |
| FCF Margin | 21.10% |
Dividends & Yields
This stock pays an annual dividend of $3.00, which amounts to a dividend yield of 1.43%.
| Dividend Per Share | $3.00 |
| Dividend Yield | 1.43% |
| Dividend Growth (YoY) | 2.74% |
| Years of Dividend Growth | 7 |
| Payout Ratio | 38.15% |
| Buyback Yield | -0.57% |
| Shareholder Yield | 0.86% |
| Earnings Yield | 3.78% |
| FCF Yield | 3.13% |
Analyst Forecast
The average price target for Garmin is $170.50, which is -18.54% lower than the current price. The consensus rating is "Hold".
| Price Target | $170.50 |
| Price Target Difference | -18.54% |
| Analyst Consensus | Hold |
| Analyst Count | 6 |
| Revenue Growth Forecast (5Y) | 11.04% |
| EPS Growth Forecast (5Y) | 9.34% |
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 11.48 and a Piotroski F-Score of 6.
| Altman Z-Score | 11.48 |
| Piotroski F-Score | 6 |