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Garmin (GRMN)
:GRMN
US Market

Garmin (GRMN) Ratios

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Garmin Ratios

GRMN's free cash flow for Q3 2025 was $0.59. For the 2025 fiscal year, GRMN's free cash flow was decreased by $ and operating cash flow was $0.29. See a summary of the company’s cash flow.
Ratios
TTM
Dec 24Dec 23Dec 22Dec 21
Liquidity Ratios
Current Ratio
3.32 3.41 3.26 2.94 3.15
Quick Ratio
2.24 2.38 2.01 2.10 2.50
Cash Ratio
1.18 1.29 1.06 1.03 1.25
Solvency Ratio
0.86 0.92 0.74 0.71 0.74
Operating Cash Flow Ratio
0.89 1.05 0.65 0.70 0.98
Short-Term Operating Cash Flow Coverage
0.00 0.00 0.00 0.00 0.00
Net Current Asset Value
$ 3.77B$ 2.87B$ 2.43B$ 2.52B$ 2.15B
Leverage Ratios
Debt-to-Assets Ratio
0.01 0.01 0.01 <0.01 0.01
Debt-to-Equity Ratio
0.02 0.02 0.02 0.01 0.01
Debt-to-Capital Ratio
0.02 0.02 0.02 0.01 0.01
Long-Term Debt-to-Capital Ratio
0.02 0.00 0.00 0.00 0.00
Financial Leverage Ratio
1.24 1.23 1.25 1.28 1.27
Debt Service Coverage Ratio
0.00 0.00 26.95 0.00 0.00
Interest Coverage Ratio
0.00 0.00 25.18 0.00 0.00
Debt to Market Cap
<0.01 0.00 0.00 0.00 0.00
Interest Debt Per Share
0.81 0.59 0.81 0.36 0.40
Net Debt to EBITDA
-0.95 -1.24 -0.98 -1.04 -1.17
Profitability Margins
Gross Profit Margin
58.73%57.48%57.75%58.01%59.27%
EBIT Margin
26.37%20.89%21.15%24.46%25.18%
EBITDA Margin
29.09%24.29%24.52%27.56%28.21%
Operating Profit Margin
25.61%20.89%21.15%24.46%25.18%
Pretax Profit Margin
27.30%22.96%21.91%24.22%26.36%
Net Profit Margin
22.63%24.67%20.03%21.72%23.70%
Continuous Operations Profit Margin
22.63%24.67%20.03%21.72%23.70%
Net Income Per EBT
82.89%107.44%91.42%89.68%89.93%
EBT Per EBIT
106.60%109.91%103.61%99.03%104.66%
Return on Assets (ROA)
14.93%14.99%12.59%13.78%14.11%
Return on Equity (ROE)
19.26%18.39%15.69%17.70%17.99%
Return on Capital Employed (ROCE)
20.27%14.98%15.77%19.02%17.97%
Return on Invested Capital (ROIC)
16.80%16.09%14.41%17.06%16.16%
Return on Tangible Assets
16.43%16.52%13.94%15.32%16.00%
Earnings Yield
4.11%5.24%5.48%4.19%4.32%
Efficiency Ratios
Receivables Turnover
7.27 6.41 7.40 5.91 4.93
Payables Turnover
7.58 8.76 9.67 5.65 6.59
Inventory Turnover
1.52 1.65 1.36 1.70 2.24
Fixed Asset Turnover
4.68 3.82 3.78 4.31 4.41
Asset Turnover
0.66 0.61 0.63 0.63 0.60
Working Capital Turnover Ratio
1.75 1.77 1.75 1.87 1.85
Cash Conversion Cycle
242.59 236.22 280.86 211.38 181.77
Days of Sales Outstanding
50.24 56.91 49.33 61.78 74.06
Days of Inventory Outstanding
240.51 220.97 269.29 214.15 163.12
Days of Payables Outstanding
48.16 41.66 37.76 64.55 55.41
Operating Cycle
290.75 277.88 318.62 275.94 237.18
Cash Flow Ratios
Operating Cash Flow Per Share
8.12 7.19 4.09 5.27 5.94
Free Cash Flow Per Share
6.92 6.17 2.82 3.66 4.96
CapEx Per Share
1.20 1.02 1.28 1.61 0.98
Free Cash Flow to Operating Cash Flow
0.85 0.86 0.69 0.69 0.83
Dividend Paid and CapEx Coverage Ratio
1.81 1.83 0.85 1.26 1.78
Capital Expenditure Coverage Ratio
6.77 7.06 3.20 3.27 6.06
Operating Cash Flow Coverage Ratio
10.04 12.18 6.88 14.45 14.95
Operating Cash Flow to Sales Ratio
0.23 0.26 0.16 0.20 0.27
Free Cash Flow Yield
3.49%4.80%3.05%2.72%4.13%
Valuation Ratios
Price-to-Earnings (P/E) Ratio
24.43 19.08 18.25 23.88 23.15
Price-to-Sales (P/S) Ratio
5.53 4.71 3.66 5.19 5.49
Price-to-Book (P/B) Ratio
4.53 3.51 2.86 4.23 4.16
Price-to-Free Cash Flow (P/FCF) Ratio
28.79 20.83 32.78 36.77 24.24
Price-to-Operating Cash Flow Ratio
24.55 17.88 22.54 25.53 20.23
Price-to-Earnings Growth (PEG) Ratio
199.37 0.57 -1.80 2.82 6.44
Price-to-Fair Value
4.53 3.51 2.86 4.23 4.16
Enterprise Value Multiple
18.04 18.13 13.93 17.78 18.28
Enterprise Value
36.30B 23.02B 16.61B 24.42B 21.59B
EV to EBITDA
17.97 18.13 13.93 17.78 18.28
EV to Sales
5.23 4.40 3.42 4.90 5.16
EV to Free Cash Flow
27.24 19.49 30.63 34.74 22.78
EV to Operating Cash Flow
23.21 16.73 21.07 24.12 19.02
Tangible Book Value Per Share
39.05 32.48 28.35 27.70 24.53
Shareholders’ Equity Per Share
44.05 36.64 32.22 31.81 28.87
Tax and Other Ratios
Effective Tax Rate
0.17 -0.07 0.09 0.10 0.10
Revenue Per Share
36.07 27.32 25.24 25.93 21.91
Net Income Per Share
8.16 6.74 5.06 5.63 5.19
Tax Burden
0.83 1.07 0.91 0.90 0.90
Interest Burden
1.04 1.10 1.04 0.99 1.05
Research & Development to Revenue
0.16 0.17 0.17 0.17 0.17
SG&A to Revenue
0.00 0.16 0.16 0.13 0.14
Stock-Based Compensation to Revenue
0.02 0.02 0.02 0.02 0.02
Income Quality
1.00 1.07 0.81 0.94 1.14
Currency in USD