Garmin Ltd. (GRMN)
NYSE: GRMN · Real-Time Price · USD
254.16
+2.17 (0.86%)
At close: Feb 26, 2026, 4:00 PM EST
254.00
-0.16 (-0.06%)
After-hours: Feb 26, 2026, 7:55 PM EST

Garmin Statistics

Total Valuation

Garmin has a market cap or net worth of $48.92 billion. The enterprise value is $44.98 billion.

Market Cap48.92B
Enterprise Value 44.98B

Important Dates

The last earnings date was Wednesday, February 18, 2026, before market open.

Earnings Date Feb 18, 2026
Ex-Dividend Date Mar 13, 2026

Share Statistics

Garmin has 192.48 million shares outstanding. The number of shares has increased by 0.17% in one year.

Current Share Class 192.48M
Shares Outstanding 192.48M
Shares Change (YoY) +0.17%
Shares Change (QoQ) +0.13%
Owned by Insiders (%) 14.90%
Owned by Institutions (%) 57.39%
Float 163.63M

Valuation Ratios

The trailing PE ratio is 29.59 and the forward PE ratio is 27.08. Garmin's PEG ratio is 3.27.

PE Ratio 29.59
Forward PE 27.08
PS Ratio 6.75
Forward PS 6.29
PB Ratio 5.46
P/TBV Ratio 6.10
P/FCF Ratio 35.89
P/OCF Ratio 29.95
PEG Ratio 3.27
Financial Ratio History

Enterprise Valuation

The stock's EV/EBITDA ratio is 21.78, with an EV/FCF ratio of 33.00.

EV / Earnings 27.03
EV / Sales 6.21
EV / EBITDA 21.78
EV / EBIT 23.98
EV / FCF 33.00

Financial Position

The company has a current ratio of 3.63, with a Debt / Equity ratio of 0.02.

Current Ratio 3.63
Quick Ratio 2.33
Debt / Equity 0.02
Debt / EBITDA 0.09
Debt / FCF 0.14
Interest Coverage n/a

Financial Efficiency

Return on equity (ROE) is 19.78% and return on invested capital (ROIC) is 24.66%.

Return on Equity (ROE) 19.78%
Return on Assets (ROA) 11.37%
Return on Invested Capital (ROIC) 24.66%
Return on Capital Employed (ROCE) 20.23%
Weighted Average Cost of Capital (WACC) 9.71%
Revenue Per Employee $315,023
Profits Per Employee $72,343
Employee Count23,000
Asset Turnover 0.70
Inventory Turnover 1.84

Taxes

In the past 12 months, Garmin has paid $350.65 million in taxes.

Income Tax 350.65M
Effective Tax Rate 17.41%

Stock Price Statistics

The stock price has increased by +12.44% 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 +12.44%
50-Day Moving Average 212.15
200-Day Moving Average 218.82
Relative Strength Index (RSI) 78.44
Average Volume (20 Days) 1,164,715

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 1.23%
Short Ratio (days to cover) 4.16

Income Statement

In the last 12 months, Garmin had revenue of $7.25 billion and earned $1.66 billion in profits. Earnings per share was $8.59.

Revenue7.25B
Gross Profit 4.26B
Operating Income 1.88B
Pretax Income 2.01B
Net Income 1.66B
EBITDA 2.06B
EBIT 1.88B
Earnings Per Share (EPS) $8.59
Full Income Statement

Balance Sheet

The company has $2.74 billion in cash and $195.99 million in debt, with a net cash position of $3.94 billion or $20.46 per share.

Cash & Cash Equivalents 2.74B
Total Debt 195.99M
Net Cash 3.94B
Net Cash Per Share $20.46
Equity (Book Value) 8.97B
Book Value Per Share 46.58
Working Capital 4.53B
Full Balance Sheet

Cash Flow

In the last 12 months, operating cash flow was $1.63 billion and capital expenditures -$270.45 million, giving a free cash flow of $1.36 billion.

Operating Cash Flow 1.63B
Capital Expenditures -270.45M
Free Cash Flow 1.36B
FCF Per Share $7.08
Full Cash Flow Statement

Margins

Gross margin is 58.74%, with operating and profit margins of 25.89% and 22.96%.

Gross Margin 58.74%
Operating Margin 25.89%
Pretax Margin 27.80%
Profit Margin 22.96%
EBITDA Margin 28.50%
EBIT Margin 25.89%
FCF Margin 18.81%

Dividends & Yields

This stock pays an annual dividend of $4.20, which amounts to a dividend yield of 1.65%.

Dividend Per Share $4.20
Dividend Yield 1.65%
Dividend Growth (YoY) 20.00%
Years of Dividend Growth 8
Payout Ratio 41.91%
Buyback Yield -0.17%
Shareholder Yield 1.48%
Earnings Yield 3.40%
FCF Yield 2.79%
Dividend Details

Analyst Forecast

The average price target for Garmin is $252.40, which is -0.69% lower than the current price. The consensus rating is "Buy".

Price Target $252.40
Price Target Difference -0.69%
Analyst Consensus Buy
Analyst Count 6
Revenue Growth Forecast (5Y) 7.36%
EPS Growth Forecast (5Y) 7.52%
Stock Forecasts

Fair Value

There are several formulas that can be used to estimate the intrinsic value of a stock.

Lynch Fair Value
Lynch Upside
Graham Number
Graham Upside

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 14.94 and a Piotroski F-Score of 6.

Altman Z-Score 14.94
Piotroski F-Score 6