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Garmin (GRMN)
NYSE:GRMN
Total Valuation
Garmin has a market cap or net worth of $46.87B. The enterprise value is $44.75B.
Market Cap$46.87B
Enterprise Value$44.75B
Share Statistics
Garmin has 192,480,830 shares outstanding. The number of shares has decreased by -2.65% in one year.
Shares Outstanding192,480,830
Owned by Insiders11.03%
Owned by Institutions4.22%
Financial Efficiency
Garmin’s return on equity (ROE) is 0.19 and return on invested capital (ROIC) is 16.71%.
Return on Equity (ROE)0.19
Return on Assets (ROA)0.15
Return on Invested Capital (ROIC)16.71%
Return on Capital Employed (ROCE)0.20
Revenue Per Employee332.36K
Profits Per Employee76.33K
Employee Count21,800
Asset Turnover0.66
Inventory Turnover1.69
Valuation Ratios
The current PE Ratio of Garmin is 23.8. Garmin’s PEG ratio is 1.34.
PE Ratio23.8
PS Ratio5.46
PB Ratio4.41
Price to Fair Value4.41
Price to FCF29.02
Price to Operating Cash Flow28.67
PEG Ratio1.34
Income Statement
In the last 12 months, Garmin had revenue of 7.25B and earned 1.66B in profits. Earnings per share was 8.65.
Revenue7.25B
Gross Profit4.26B
Operating Income1.88B
Pretax Income2.01B
Net Income1.66B
EBITDA2.06B
Earnings Per Share (EPS)8.65
Cash Flow
In the last 12 months, operating cash flow was 1.63B and capital expenditures -270.45M, giving a free cash flow of 1.36B billion.
Operating Cash Flow1.63B
Free Cash Flow1.36B
Free Cash Flow per Share7.08
Dividends & Yields
Garmin pays an annual dividend of $0.9, resulting in a dividend yield of 1.7%
Dividend Per Share$0.9
Dividend Yield1.7%
Payout Ratio42.18%
Free Cash Flow Yield―
Earnings Yield―
Stock Price Statistics
Beta0.92
52-Week Price Change14.91%
50-Day Moving Average217.51
200-Day Moving Average219.15
Relative Strength Index (RSI)60.38
Average Volume (3m)1.11M
Important Dates
Garmin upcoming earnings date is May 6, 2026, Before Open (Confirmed).
Last Earnings DateFeb 18, 2026
Next Earnings DateMay 6, 2026
Ex-Dividend Date―
Financial Position
Garmin as a current ratio of 3.63, with Debt / Equity ratio of 1.84%
Current Ratio3.63
Quick Ratio2.60
Debt to Market Cap<0.01
Net Debt to EBITDA-1.02
Interest Coverage Ratio0.00
Taxes
In the past 12 months, Garmin has paid 350.65M in taxes.
Income Tax350.65M
Effective Tax Rate0.17
Enterprise Valuation
Garmin EV to EBITDA ratio is 18.13, with an EV/FCF ratio of 27.47.
EV to Sales5.17
EV to EBITDA18.13
EV to Free Cash Flow27.47
EV to Operating Cash Flow22.92
Balance Sheet
Garmin has $2.74B in cash and marketable securities with $164.84M in debt, giving a net cash position of $2.57B billion.
Cash & Marketable Securities$2.74B
Total Debt$164.84M
Net Cash$2.57B
Net Cash Per Share$13.37
Tangible Book Value Per Share$41.64
Margins
Gross margin is 58.74%, with operating margin of 25.89%, and net profit margin of 22.96%.
Gross Margin58.74%
Operating Margin25.89%
Pretax Margin27.80%
Net Profit Margin22.96%
EBITDA Margin28.50%
EBIT Margin25.89%
Analyst Forecast
The average price target for Garmin is $252.40, which is 11.43% higher than the current price. The consensus rating is Hold
Price Target$252.40
Price Target Upside3.66% Upside
Analyst ConsensusHold
Analyst Count6
Revenue Growth Forecast16.56%
EPS Growth Forecast3.19%