Garmin Statistics
Total Valuation
Garmin has a market cap or net worth of $45.70 billion. The enterprise value is $41.60 billion.
| Market Cap | 45.70B |
| Enterprise Value | 41.60B |
Important Dates
The last earnings date was Wednesday, April 29, 2026, before market open.
| Earnings Date | Apr 29, 2026 |
| Ex-Dividend Date | Jun 15, 2026 |
Share Statistics
Garmin has 192.86 million shares outstanding. The number of shares has increased by 0.02% in one year.
| Current Share Class | 192.86M |
| Shares Outstanding | 192.86M |
| Shares Change (YoY) | +0.02% |
| Shares Change (QoQ) | -0.11% |
| Owned by Insiders (%) | 14.56% |
| Owned by Institutions (%) | 57.42% |
| Float | 164.60M |
Valuation Ratios
The trailing PE ratio is 26.45 and the forward PE ratio is 24.90. Garmin's PEG ratio is 3.59.
| PE Ratio | 26.45 |
| Forward PE | 24.90 |
| PS Ratio | 6.12 |
| Forward PS | 5.49 |
| PB Ratio | 4.93 |
| P/TBV Ratio | 5.48 |
| P/FCF Ratio | 31.48 |
| P/OCF Ratio | 26.14 |
| PEG Ratio | 3.59 |
Enterprise Valuation
The stock's EV/EBITDA ratio is 19.20, with an EV/FCF ratio of 28.66.
| EV / Earnings | 23.96 |
| EV / Sales | 5.57 |
| EV / EBITDA | 19.20 |
| EV / EBIT | 21.07 |
| EV / FCF | 28.66 |
Financial Position
The company has a current ratio of 4.36, with a Debt / Equity ratio of 0.02.
| Current Ratio | 4.36 |
| Quick Ratio | 2.66 |
| Debt / Equity | 0.02 |
| Debt / EBITDA | 0.10 |
| Debt / FCF | 0.15 |
| Interest Coverage | n/a |
Financial Efficiency
Return on equity (ROE) is 19.90% and return on invested capital (ROIC) is 24.73%.
| Return on Equity (ROE) | 19.90% |
| Return on Assets (ROA) | 11.90% |
| Return on Invested Capital (ROIC) | 24.73% |
| Return on Capital Employed (ROCE) | 20.62% |
| Weighted Average Cost of Capital (WACC) | 9.47% |
| Revenue Per Employee | $324,518 |
| Profits Per Employee | $75,487 |
| Employee Count | 23,000 |
| Asset Turnover | 0.72 |
| Inventory Turnover | 1.78 |
Taxes
In the past 12 months, Garmin has paid $361.79 million in taxes.
| Income Tax | 361.79M |
| Effective Tax Rate | 17.24% |
Stock Price Statistics
The stock price has increased by +23.79% in the last 52 weeks. The beta is 0.96, so Garmin's price volatility has been similar to the market average.
| Beta (5Y) | 0.96 |
| 52-Week Price Change | +23.79% |
| 50-Day Moving Average | 245.82 |
| 200-Day Moving Average | 228.29 |
| Relative Strength Index (RSI) | 40.07 |
| Average Volume (20 Days) | 789,710 |
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 | 1.22% |
| Short Ratio (days to cover) | 4.16 |
Income Statement
In the last 12 months, Garmin had revenue of $7.46 billion and earned $1.74 billion in profits. Earnings per share was $8.96.
| Revenue | 7.46B |
| Gross Profit | 4.41B |
| Operating Income | 1.97B |
| Pretax Income | 2.10B |
| Net Income | 1.74B |
| EBITDA | 2.17B |
| EBIT | 1.97B |
| Earnings Per Share (EPS) | $8.96 |
Balance Sheet
The company has $2.70 billion in cash and $216.11 million in debt, with a net cash position of $4.10 billion or $21.24 per share.
| Cash & Cash Equivalents | 2.70B |
| Total Debt | 216.11M |
| Net Cash | 4.10B |
| Net Cash Per Share | $21.24 |
| Equity (Book Value) | 9.27B |
| Book Value Per Share | 48.06 |
| Working Capital | 4.62B |
Cash Flow
In the last 12 months, operating cash flow was $1.75 billion and capital expenditures -$297.00 million, giving a free cash flow of $1.45 billion.
| Operating Cash Flow | 1.75B |
| Capital Expenditures | -297.00M |
| Depreciation & Amortization | 191.59M |
| Net Borrowing | n/a |
| Free Cash Flow | 1.45B |
| FCF Per Share | $7.53 |
Margins
Gross margin is 59.14%, with operating and profit margins of 26.46% and 23.26%.
| Gross Margin | 59.14% |
| Operating Margin | 26.46% |
| Pretax Margin | 28.11% |
| Profit Margin | 23.26% |
| EBITDA Margin | 29.03% |
| EBIT Margin | 26.46% |
| FCF Margin | 19.45% |
Dividends & Yields
This stock pays an annual dividend of $4.20, which amounts to a dividend yield of 1.77%.
| Dividend Per Share | $4.20 |
| Dividend Yield | 1.77% |
| Dividend Growth (YoY) | 19.05% |
| Years of Dividend Growth | 8 |
| Payout Ratio | 41.85% |
| Buyback Yield | -0.02% |
| Shareholder Yield | 1.75% |
| Earnings Yield | 3.80% |
| FCF Yield | 3.18% |
Analyst Forecast
The average price target for Garmin is $260.60, which is 9.97% higher than the current price. The consensus rating is "Buy".
| Price Target | $260.60 |
| Price Target Difference | 9.97% |
| Analyst Consensus | Buy |
| Analyst Count | 6 |
| Revenue Growth Forecast (5Y) | 7.33% |
| EPS Growth Forecast (5Y) | 8.29% |
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 17.67 and a Piotroski F-Score of 7.
| Altman Z-Score | 17.67 |
| Piotroski F-Score | 7 |