Garmin Statistics
Total Valuation
Garmin has a market cap or net worth of $36.61 billion. The enterprise value is $32.89 billion.
| Market Cap | 36.61B |
| Enterprise Value | 32.89B |
Important Dates
The last earnings date was Wednesday, April 30, 2025, before market open.
| Earnings Date | Apr 30, 2025 |
| Ex-Dividend Date | Jun 16, 2025 |
Share Statistics
Garmin has 192.54 million shares outstanding. The number of shares has increased by 0.66% in one year.
| Current Share Class | 192.54M |
| Shares Outstanding | 192.54M |
| Shares Change (YoY) | +0.66% |
| Shares Change (QoQ) | -0.02% |
| Owned by Insiders (%) | 0.28% |
| Owned by Institutions (%) | 56.50% |
| Float | 191.84M |
Valuation Ratios
The trailing PE ratio is 25.06 and the forward PE ratio is 23.81. Garmin's PEG ratio is 2.13.
| PE Ratio | 25.06 |
| Forward PE | 23.81 |
| PS Ratio | 5.67 |
| Forward PS | 5.19 |
| PB Ratio | 4.48 |
| P/TBV Ratio | 4.94 |
| P/FCF Ratio | 30.07 |
| P/OCF Ratio | 25.82 |
| PEG Ratio | 2.13 |
Enterprise Valuation
The stock's EV/EBITDA ratio is 18.17, with an EV/FCF ratio of 27.01.
| EV / Earnings | 22.40 |
| EV / Sales | 5.10 |
| EV / EBITDA | 18.17 |
| EV / EBIT | 20.20 |
| EV / FCF | 27.01 |
Financial Position
The company has a current ratio of 4.10, with a Debt / Equity ratio of 0.02.
| Current Ratio | 4.10 |
| Quick Ratio | 2.61 |
| Debt / Equity | 0.02 |
| Debt / EBITDA | 0.10 |
| Debt / FCF | 0.15 |
| Interest Coverage | n/a |
Financial Efficiency
Return on equity (ROE) is 19.04% and return on invested capital (ROIC) is 12.93%.
| Return on Equity (ROE) | 19.04% |
| Return on Assets (ROA) | 11.05% |
| Return on Invested Capital (ROIC) | 12.93% |
| Return on Capital Employed (ROCE) | 19.25% |
| Revenue Per Employee | $295,888 |
| Profits Per Employee | $67,351 |
| Employee Count | 21,800 |
| Asset Turnover | 0.70 |
| Inventory Turnover | 1.85 |
Taxes
In the past 12 months, Garmin has paid $289.20 million in taxes.
| Income Tax | 289.20M |
| Effective Tax Rate | 16.46% |
Stock Price Statistics
The stock price has increased by +14.58% 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 | +14.58% |
| 50-Day Moving Average | 205.41 |
| 200-Day Moving Average | 196.06 |
| Relative Strength Index (RSI) | 44.61 |
| Average Volume (20 Days) | 1,073,639 |
Short Selling Information
The latest short interest is 2.01 million, so 1.04% of the outstanding shares have been sold short.
| Short Interest | 2.01M |
| Short Previous Month | 2.05M |
| Short % of Shares Out | 1.04% |
| Short % of Float | 1.05% |
| Short Ratio (days to cover) | 1.81 |
Income Statement
In the last 12 months, Garmin had revenue of $6.45 billion and earned $1.47 billion in profits. Earnings per share was $7.59.
| Revenue | 6.45B |
| Gross Profit | 3.78B |
| Operating Income | 1.63B |
| Pretax Income | 1.36B |
| Net Income | 1.47B |
| EBITDA | 1.81B |
| EBIT | 1.63B |
| Earnings Per Share (EPS) | $7.59 |
Balance Sheet
The company has $2.67 billion in cash and $178.44 million in debt, giving a net cash position of $3.72 billion or $19.33 per share.
| Cash & Cash Equivalents | 2.67B |
| Total Debt | 178.44M |
| Net Cash | 3.72B |
| Net Cash Per Share | $19.33 |
| Equity (Book Value) | 8.18B |
| Book Value Per Share | 42.44 |
| Working Capital | 4.12B |
Cash Flow
In the last 12 months, operating cash flow was $1.42 billion and capital expenditures -$200.47 million, giving a free cash flow of $1.22 billion.
| Operating Cash Flow | 1.42B |
| Capital Expenditures | -200.47M |
| Free Cash Flow | 1.22B |
| FCF Per Share | $6.32 |
Margins
Gross margin is 58.59%, with operating and profit margins of 25.25% and 22.76%.
| Gross Margin | 58.59% |
| Operating Margin | 25.25% |
| Pretax Margin | 27.25% |
| Profit Margin | 22.76% |
| EBITDA Margin | 28.05% |
| EBIT Margin | 25.25% |
| FCF Margin | 18.87% |
Dividends & Yields
This stock pays an annual dividend of $3.60, which amounts to a dividend yield of 1.89%.
| Dividend Per Share | $3.60 |
| Dividend Yield | 1.89% |
| Dividend Growth (YoY) | 7.14% |
| Years of Dividend Growth | 7 |
| Payout Ratio | 47.44% |
| Buyback Yield | -0.66% |
| Shareholder Yield | 1.23% |
| Earnings Yield | 4.01% |
| FCF Yield | 3.33% |
Analyst Forecast
The average price target for Garmin is $194.80, which is 2.44% higher than the current price. The consensus rating is "Hold".
| Price Target | $194.80 |
| Price Target Difference | 2.44% |
| Analyst Consensus | Hold |
| Analyst Count | 5 |
| Revenue Growth Forecast (5Y) | 8.99% |
| EPS Growth Forecast (5Y) | 10.25% |
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 15.89 and a Piotroski F-Score of 6.
| Altman Z-Score | 15.89 |
| Piotroski F-Score | 6 |