Garmin Statistics
Total Valuation
Garmin has a market cap or net worth of $27.38 billion. The enterprise value is $25.53 billion.
| Market Cap | 27.38B |
| Enterprise Value | 25.53B |
Important Dates
The next confirmed earnings date is Wednesday, May 1, 2024, before market open.
| Earnings Date | May 1, 2024 |
| Ex-Dividend Date | Mar 14, 2025 |
Share Statistics
Garmin has 191.78 million shares outstanding. The number of shares has decreased by -0.17% in one year.
| Shares Outstanding | 191.78M |
| Shares Change (YoY) | -0.17% |
| Shares Change (QoQ) | -0.05% |
| Owned by Insiders (%) | 19.81% |
| Owned by Institutions (%) | 54.81% |
| Float | n/a |
Valuation Ratios
The trailing PE ratio is 21.28 and the forward PE ratio is 25.88. Garmin's PEG ratio is 5.62.
| PE Ratio | 21.28 |
| Forward PE | 25.88 |
| PS Ratio | 5.24 |
| Forward PS | 4.67 |
| PB Ratio | 3.91 |
| P/FCF Ratio | 23.15 |
| PEG Ratio | 5.62 |
Enterprise Valuation
The stock's EV/EBITDA ratio is 18.53, with an EV/FCF ratio of 21.58.
| EV / Earnings | 19.80 |
| EV / Sales | 4.88 |
| EV / EBITDA | 18.53 |
| EV / EBIT | 21.27 |
| EV / FCF | 21.58 |
Financial Position
The company has a current ratio of 3.41, with a Debt / Equity ratio of 0.02.
| Current Ratio | 3.41 |
| Quick Ratio | 2.12 |
| Debt / Equity | 0.02 |
| Debt / EBITDA | 0.08 |
| Debt / FCF | 0.10 |
| Interest Coverage | n/a |
Financial Efficiency
Return on equity (ROE) is 19.90% and return on invested capital (ROIC) is 16.47%.
| Return on Equity (ROE) | 19.90% |
| Return on Assets (ROA) | 16.00% |
| Return on Capital (ROIC) | 16.47% |
| Revenue Per Employee | $262,726 |
| Profits Per Employee | $64,806 |
| Employee Count | 19,900 |
| Asset Turnover | 0.65 |
| Inventory Turnover | 1.55 |
Taxes
| Income Tax | -89.28M |
| Effective Tax Rate | -7.44% |
Stock Price Statistics
The stock price has increased by +46.08% in the last 52 weeks. The beta is 1.00, so Garmin's price volatility has been similar to the market average.
| Beta (1Y) | 1.00 |
| 52-Week Price Change | +46.08% |
| 50-Day Moving Average | 141.15 |
| 200-Day Moving Average | 120.19 |
| Relative Strength Index (RSI) | 49.00 |
| Average Volume (30 Days) | 997,808 |
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 | n/a |
| Short Ratio (days to cover) | 2.47 |
Income Statement
In the last 12 months, Garmin had revenue of $5.23 billion and earned $1.29 billion in profits. Earnings per share was $6.71.
| Revenue | 5.23B |
| Gross Profit | 3.00B |
| Operating Income | 1.09B |
| Pretax Income | 1.20B |
| Net Income | 1.29B |
| EBITDA | 1.38B |
| EBIT | 1.20B |
| Earnings Per Share (EPS) | $6.71 |
Balance Sheet
The company has $1.97 billion in cash and $113.04 million in debt, giving a net cash position of $1.86 billion or $9.67 per share.
| Cash & Cash Equivalents | 1.97B |
| Total Debt | 113.04M |
| Net Cash | 1.86B |
| Net Cash Per Share | $9.67 |
| Equity / Book Value | 7.01B |
| Book Value Per Share | 36.56 |
| Working Capital | 3.15B |
Cash Flow
In the last 12 months, operating cash flow was $1.38 billion and capital expenditures -$193.31 million, giving a free cash flow of $1.18 billion.
| Operating Cash Flow | 1.38B |
| Capital Expenditures | -193.31M |
| Free Cash Flow | 1.18B |
| FCF Per Share | $6.18 |
Margins
Gross margin is 57.48%, with operating and profit margins of 20.89% and 24.67%.
| Gross Margin | 57.48% |
| Operating Margin | 20.89% |
| Pretax Margin | 22.96% |
| Profit Margin | 24.67% |
| EBITDA Margin | 26.36% |
| EBIT Margin | 22.96% |
| FCF Margin | 22.63% |
Dividends & Yields
This stock pays an annual dividend of $3.00, which amounts to a dividend yield of 2.10%.
| Dividend Per Share | $3.00 |
| Dividend Yield | 2.10% |
| Dividend Growth (YoY) | 2.74% |
| Years of Dividend Growth | 7 |
| Payout Ratio | 44.71% |
| Buyback Yield | 0.17% |
| Shareholder Yield | 2.27% |
| Earnings Yield | 4.71% |
| FCF Yield | 4.32% |
Analyst Forecast
The average price target for Garmin is $140.50, which is -1.60% lower than the current price. The consensus rating is "Hold".
| Price Target | $140.50 |
| Price Target Difference | -1.60% |
| Analyst Consensus | Hold |
| Analyst Count | 9 |
| Revenue Growth Forecast (5Y) | 8.64% |
| EPS Growth Forecast (5Y) | 6.27% |
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 12.69 and a Piotroski F-Score of 8.
| Altman Z-Score | 12.69 |
| Piotroski F-Score | 8 |