Garmin Ltd. (GRMN)
NYSE: GRMN · Real-Time Price · USD
304.05
+1.50 (0.50%)
Aug 6, 2026, 1:12 PM EDT - Market open

Garmin Statistics

Total Valuation

Garmin has a market cap or net worth of $58.64 billion. The enterprise value is $54.84 billion.

Market Cap58.64B
Enterprise Value 54.84B

Important Dates

The last earnings date was Wednesday, July 29, 2026, before market open.

Earnings Date Jul 29, 2026
Ex-Dividend Date Sep 11, 2026

Share Statistics

Garmin has 192.85 million shares outstanding. The number of shares has decreased by -0.03% in one year.

Current Share Class 192.85M
Shares Outstanding 192.85M
Shares Change (YoY) -0.03%
Shares Change (QoQ) -0.05%
Owned by Insiders (%) 14.54%
Owned by Institutions (%) 58.29%
Float 164.62M

Valuation Ratios

The trailing PE ratio is 31.30 and the forward PE ratio is 30.06. Garmin's PEG ratio is 3.38.

PE Ratio 31.30
Forward PE 30.06
PS Ratio 7.69
Forward PS 6.98
PB Ratio 6.46
P/TBV Ratio 7.28
P/FCF Ratio 36.87
P/OCF Ratio 29.81
PEG Ratio 3.38
Financial Ratio History

Enterprise Valuation

The stock's EV/EBITDA ratio is 23.73, with an EV/FCF ratio of 34.28.

EV / Earnings 29.21
EV / Sales 7.15
EV / EBITDA 23.73
EV / EBIT 25.89
EV / FCF 34.28

Financial Position

The company has a current ratio of 3.03, with a Debt / Equity ratio of 0.03.

Current Ratio 3.03
Quick Ratio 1.84
Debt / Equity 0.03
Debt / EBITDA 0.10
Debt / FCF 0.14
Interest Coverage n/a

Financial Efficiency

Return on equity (ROE) is 21.89% and return on invested capital (ROIC) is 26.21%.

Return on Equity (ROE) 21.89%
Return on Assets (ROA) 12.17%
Return on Invested Capital (ROIC) 26.21%
Return on Capital Employed (ROCE) 22.68%
Weighted Average Cost of Capital (WACC) 9.24%
Revenue Per Employee $333,541
Profits Per Employee $81,622
Employee Count23,000
Asset Turnover 0.71
Inventory Turnover 1.63

Taxes

In the past 12 months, Garmin has paid $391.50 million in taxes.

Income Tax 391.50M
Effective Tax Rate 17.26%

Stock Price Statistics

The stock price has increased by +34.46% in the last 52 weeks. The beta is 0.91, so Garmin's price volatility has been similar to the market average.

Beta (5Y) 0.91
52-Week Price Change +34.46%
50-Day Moving Average 248.28
200-Day Moving Average 230.47
Relative Strength Index (RSI) 77.08
Average Volume (20 Days) 1,044,104

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) 4.26

Income Statement

In the last 12 months, Garmin had revenue of $7.67 billion and earned $1.88 billion in profits. Earnings per share was $9.69.

Revenue7.67B
Gross Profit 4.61B
Operating Income 2.12B
Pretax Income 2.27B
Net Income 1.88B
EBITDA 2.31B
EBIT 2.12B
Earnings Per Share (EPS) $9.69
Full Income Statement

Balance Sheet

The company has $2.67 billion in cash and $226.86 million in debt, with a net cash position of $4.14 billion or $21.48 per share.

Cash & Cash Equivalents 2.67B
Total Debt 226.86M
Net Cash 4.14B
Net Cash Per Share $21.48
Equity (Book Value) 9.03B
Book Value Per Share 46.80
Working Capital 4.23B
Full Balance Sheet

Cash Flow

In the last 12 months, operating cash flow was $1.98 billion and capital expenditures -$379.10 million, giving a free cash flow of $1.60 billion.

Operating Cash Flow 1.98B
Capital Expenditures -379.10M
Depreciation & Amortization 193.34M
Net Borrowing n/a
Free Cash Flow 1.60B
FCF Per Share $8.30
Full Cash Flow Statement

Margins

Gross margin is 60.08%, with operating and profit margins of 27.61% and 24.47%.

Gross Margin 60.08%
Operating Margin 27.61%
Pretax Margin 29.57%
Profit Margin 24.47%
EBITDA Margin 30.13%
EBIT Margin 27.61%
FCF Margin 20.85%

Dividends & Yields

This stock pays an annual dividend of $4.20, which amounts to a dividend yield of 1.39%.

Dividend Per Share $4.20
Dividend Yield 1.39%
Dividend Growth (YoY) 18.18%
Years of Dividend Growth 8
Payout Ratio 40.25%
Buyback Yield 0.03%
Shareholder Yield 1.40%
Earnings Yield 3.18%
FCF Yield 2.71%
Dividend Details

Analyst Forecast

The average price target for Garmin is $283.86, which is -6.64% lower than the current price. The consensus rating is "Hold".

Price Target $283.86
Price Target Difference -6.64%
Analyst Consensus Hold
Analyst Count 8
Revenue Growth Forecast (3Y) 10.87%
EPS Growth Forecast (3Y) 12.30%
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 13.63 and a Piotroski F-Score of 7.

Altman Z-Score 13.63
Piotroski F-Score 7