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Garmin (GRMN)
NYSE:GRMN
US Market

Garmin (GRMN) Ratios

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Garmin Ratios

GRMN's free cash flow for Q1 2025 was $0.58. For the 2025 fiscal year, GRMN's free cash flow was decreased by $ and operating cash flow was $0.22. See a summary of the company’s cash flow.
Ratios
TTM
Dec 24Dec 23Dec 22Dec 21
Liquidity Ratios
Current Ratio
3.26 3.41 3.26 2.94 3.15
Quick Ratio
2.01 2.38 2.01 2.10 2.50
Cash Ratio
1.06 1.29 1.06 1.03 1.25
Solvency Ratio
0.74 0.92 0.74 0.71 0.74
Operating Cash Flow Ratio
0.65 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
$ 2.15B$ 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
0.00 0.00 0.00 0.00 0.00
Financial Leverage Ratio
1.25 1.23 1.25 1.28 1.27
Debt Service Coverage Ratio
26.95 0.00 26.95 0.00 0.00
Interest Coverage Ratio
25.18 0.00 25.18 0.00 0.00
Debt to Market Cap
0.00 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
-1.17 -1.24 -0.98 -1.04 -1.17
Profitability Margins
Gross Profit Margin
57.75%57.48%57.75%58.01%59.27%
EBIT Margin
21.15%20.89%21.15%24.46%25.18%
EBITDA Margin
24.52%24.29%24.52%27.56%28.21%
Operating Profit Margin
21.15%20.89%21.15%24.46%25.18%
Pretax Profit Margin
21.91%22.96%21.91%24.22%26.36%
Net Profit Margin
20.03%24.67%20.03%21.72%23.70%
Continuous Operations Profit Margin
20.03%24.67%20.03%21.72%23.70%
Net Income Per EBT
91.42%107.44%91.42%89.68%89.93%
EBT Per EBIT
103.61%109.91%103.61%99.03%104.66%
Return on Assets (ROA)
14.11%14.99%12.59%13.78%14.11%
Return on Equity (ROE)
17.99%18.39%15.69%17.70%17.99%
Return on Capital Employed (ROCE)
17.97%14.98%15.77%19.02%17.97%
Return on Invested Capital (ROIC)
16.16%16.09%14.41%17.06%16.16%
Return on Tangible Assets
16.00%16.52%13.94%15.32%16.00%
Earnings Yield
4.32%5.24%5.48%4.19%4.32%
Efficiency Ratios
Receivables Turnover
7.40 6.41 7.40 5.91 4.93
Payables Turnover
9.67 8.76 9.67 5.65 6.59
Inventory Turnover
1.36 1.65 1.36 1.70 2.24
Fixed Asset Turnover
3.78 3.82 3.78 4.31 4.41
Asset Turnover
0.63 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
181.77 236.22 280.86 211.38 181.77
Days of Sales Outstanding
74.06 56.91 49.33 61.78 74.06
Days of Inventory Outstanding
163.12 220.97 269.29 214.15 163.12
Days of Payables Outstanding
55.41 41.66 37.76 64.55 55.41
Operating Cycle
237.18 277.88 318.62 275.94 237.18
Cash Flow Ratios
Operating Cash Flow Per Share
4.09 7.19 4.09 5.27 5.94
Free Cash Flow Per Share
2.82 6.17 2.82 3.66 4.96
CapEx Per Share
1.28 1.02 1.28 1.61 0.98
Free Cash Flow to Operating Cash Flow
0.69 0.86 0.69 0.69 0.83
Dividend Paid and CapEx Coverage Ratio
0.85 1.83 0.85 1.26 1.78
Capital Expenditure Coverage Ratio
3.20 7.06 3.20 3.27 6.06
Operating Cash Flow Coverage Ratio
6.88 12.18 6.88 14.45 14.95
Operating Cash Flow to Sales Ratio
0.16 0.26 0.16 0.20 0.27
Free Cash Flow Yield
4.13%4.80%3.05%2.72%4.13%
Valuation Ratios
Price-to-Earnings (P/E) Ratio
18.25 19.08 18.25 23.88 23.15
Price-to-Sales (P/S) Ratio
3.66 4.71 3.66 5.19 5.49
Price-to-Book (P/B) Ratio
2.86 3.51 2.86 4.23 4.16
Price-to-Free Cash Flow (P/FCF) Ratio
32.78 20.83 32.78 36.77 24.24
Price-to-Operating Cash Flow Ratio
22.54 17.88 22.54 25.53 20.23
Price-to-Earnings Growth (PEG) Ratio
-1.80 0.57 -1.80 2.82 6.44
Price-to-Fair Value
2.86 3.51 2.86 4.23 4.16
Enterprise Value Multiple
13.93 18.13 13.93 17.78 18.28
Enterprise Value
21.59B 23.02B 16.61B 24.42B 21.59B
EV to EBITDA
18.28 18.13 13.93 17.78 18.28
EV to Sales
5.16 4.40 3.42 4.90 5.16
EV to Free Cash Flow
22.78 19.49 30.63 34.74 22.78
EV to Operating Cash Flow
19.02 16.73 21.07 24.12 19.02
Tangible Book Value Per Share
28.35 32.48 28.35 27.70 24.53
Shareholders’ Equity Per Share
32.22 36.64 32.22 31.81 28.87
Tax and Other Ratios
Effective Tax Rate
0.09 -0.07 0.09 0.10 0.10
Revenue Per Share
25.24 27.32 25.24 25.93 21.91
Net Income Per Share
5.06 6.74 5.06 5.63 5.19
Tax Burden
0.90 1.07 0.91 0.90 0.90
Interest Burden
1.05 1.10 1.04 0.99 1.05
Research & Development to Revenue
0.17 0.17 0.17 0.17 0.17
SG&A to Revenue
0.14 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
1.14 1.07 0.81 0.94 1.14
Currency in USD
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