Education
About Us
Working with TipRanks
Follow Us
Garmin (GRMN)
NYSE:GRMN
Total Valuation
Garmin has a market cap or net worth of $37.00B. The enterprise value is $38.23B.
Market Cap$37.00B
Enterprise Value$38.23B
Share Statistics
Garmin has 192.40M shares outstanding. The number of shares has decreased by -2.65% in one year.
Shares Outstanding192.40M
Owned by Insiders19.42%
Owned by Instutions0.76%
Financial Efficiency
Garmin’s return on equity (ROE) is 0.18 and return on invested capital (ROIC) is 16.34%.
Return on Equity (ROE)17.98%
Return on Assets (ROA)14.66%
Return on Invested Capital (ROIC)16.34%
Return on Capital Employed (ROCE)19.62%
Revenue Per Employee$288,848.716
Profits Per Employee$64,744.725
Employee Count21,800
Asset Turnover0.65
Inventory Turnover1.76
Valuation Ratios
The current PE Ratio of Garmin is 28.50. Garmin’s PEG ratio is 3.15.
PE Ratio28.50
PS Ratio6.39
PB Ratio5.13
Price to Fair Value5.13
Price to FCF32.47
Price to Operating Cash Flow28.08
PEG Ratio3.15
Income Statement
In the last 12 months, Garmin had revenue of $6.30B and earned $1.41B in profits. Earnings per share was $7.36.
Revenue$6.30B
Gross Profit$3.70B
Operating Income$1.59B
Pretax Income$1.70B
Net Income$1.41B
EBITDA1.73B
Earnings Per Share (EPS)7.36
Cash Flow
In the last 12 months, operating cash flow was $1.43B and capital expenditures -$193.57M, giving a free cash flow of $1.24B billion.
Operating Cash Flow$1.43B
Free Cash Flow$1.24B
Free Cash Flow per Share$6.44
Dividends & Yields
Garmin pays an annual dividend of $0.90, resulting in a dividend yield of 1.59%
Dividend Per Share$0.90
Dividend Yield1.59%
Payout Ratio40.54%
Free Cash Flow Yield3.08%
Earnings Yield3.51%
Stock Price Statistics
Beta0.99
52-Week Price Change37.62%
50-Day Moving Average210.56
200-Day Moving Average193.38
Relative Strength Index (RSI)42.49
Average Volume (3m)1.26M
Important Dates
Garmin upcoming earnings date is Apr 30, 2025, Before Open.
Last Earnings DateFeb 19, 2025
Next Earnings DateApr 30, 2025
Ex-Dividend DateMar 13, 2026
Financial Position
Garmin as a current ratio of 3.54, with Debt / Equity ratio of 0.02
Current Ratio3.54
Quick Ratio2.56
Debt to Market Cap<0.01
Net Debt to EBITDA-1.22
Interest Coverage Ratio0.00
Taxes
In the past 12 months, Garmin has paid $283.96M in taxes.
Income Tax$283.96M
Effective Tax Rate16.75%
Enterprise Valuation
Garmin EV to EBITDA ratio is 24.02, with an EV/FCF ratio of 30.90.
EV to Sales6.08
EV to EBITDA24.02
EV to Free Cash Flow30.90
EV to Operating Cash Flow26.72
Balance Sheet
Garmin has $2.50B in cash and marketable securities with $134.89M in debt, giving a net cash position of -$2.37B billion.
Cash & Marketable Securities$2.50B
Total Debt$134.89M
Net Cash-$2.37B
Net Cash Per Share-$12.30
Tangible Book Value Per Share$36.90
Margins
Gross margin is 58.70%, with operating margin of 25.31%, and net profit margin of 22.41%.
Gross Margin58.70%
Operating Margin25.31%
Pretax Margin26.92%
Net Profit Margin22.41%
EBITDA Margin25.31%
EBIT Margin25.31%
Analyst Forecast
The average price target for Garmin is $205.40, which is 11.43% higher than the current price. The consensus rating is Moderate Sell
Price Target$205.40
Price Target Upside8.70%
Analyst ConsensusModerate Sell
Analyst Count6
Revenue Growth Forecast20.44%
EPS Growth Forecast9.05%