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Garmin Ltd.

Data quality: 100%
GRMN
NYSE Technology Hardware, Equipment & Parts
$241.20
▲ $2.49 (1.04%)
Mkt Cap: 46.43B
Day Range
$234.07 $241.39
52-Week Range
$169.26 $261.69
Volume
406,704
50D / 200D Avg
$223.60 / $221.89
Prev Close
$238.71

Price History

Financial Trends

Peer Comparison

vs Technology sector median (621 peers)

Metric Stock Sector Median
P/E 27.9 12.3
P/B 5.2 2.9
ROE % 19.8 8.9
Net Margin % 23.0 5.6
Rev Growth 5Y % 9.8 9.2
D/E 0.0 0.3

Analyst Price Target

Hold
$270.67 +12.2%
Low: $240.00 High: $320.00
Forward P/E
25.4
Forward EPS
$9.39
EPS Growth (est.)
+0.0%
Est. Revenue
8 B

Earnings Estimates

Period EPS Est. Revenue Est. Analysts
FY2028 $11.38
$11.11 – $11.86
9.9 B 1
FY2027 $10.16
$9.81 – $10.56
8.7 B 5
FY2026 $9.39
$9.34 – $9.49
8 B 5

Key Takeaways

Revenue grew 9.81% annually over 5 years — modest growth
Earnings grew 17.89% over the past year
ROE of 19.78% — decent returns on equity
Net margin of 22.96% shows strong profitability
Debt/Equity of 0.02 — conservative balance sheet
Generating 1.36B in free cash flow

Growth

Revenue Growth (5Y)
9.81%
Revenue (1Y)15.06%
Earnings (1Y)17.89%
FCF Growth (3Y)7.42%

Quality

Return on Equity
19.78%
ROIC15.40%
Net Margin22.96%
Op. Margin25.89%

Safety

Debt / Equity
0.02
Current Ratio3.63
Interest Coverage0.00

Valuation

P/E Ratio
27.90
P/B Ratio5.17
EV/EBITDA23.62
Dividend Yield0.02%

All Fundamental Metrics

Growth
Revenue Growth (1Y) 15.06% Revenue Growth (3Y) 17.72%
Earnings Growth (1Y) 17.89% Earnings Growth (3Y) 13.59%
Revenue Growth (5Y) 9.81% Earnings Growth (5Y) 11.35%
Profitability
Revenue (TTM) 7.25B Net Income (TTM) 1.66B
ROE 19.78% ROA 15.13%
Gross Margin 58.74% Operating Margin 25.89%
Net Margin 22.96% Free Cash Flow (TTM) 1.36B
ROIC 15.40% FCF Growth (3Y) 7.42%
Safety
Debt / Equity 0.02 Current Ratio 3.63
Interest Coverage 0.00 Dividend Yield 0.02%
Valuation
P/E Ratio 27.90 P/B Ratio 5.17
P/S Ratio 6.41 PEG Ratio 1.34
EV/EBITDA 23.62 Dividend Yield 0.02%
Market Cap 46.43B Enterprise Value 44.31B

Income Statement

Annual, most recent first

Income statement data, annual, most recent first
Metric FY2025 FY2024 FY2023 FY2022 FY2021
Revenue 7.25B 6.30B 5.23B 4.86B 4.98B
Net Income 1.66B 1.41B 1.29B 973.59M 1.08B
EPS (Diluted) 8.59 7.30 6.71 5.04 5.61
Gross Profit 4.26B 3.70B 3.00B 2.81B 2.89B
Operating Income 1.88B 1.59B 1.09B 1.03B 1.22B

Balance Sheet

Annual, most recent first

Balance sheet data, annual, most recent first
Metric FY2025 FY2024 FY2023 FY2022 FY2021
Total Assets 10.99B 9.63B 8.60B 7.73B 7.85B
Total Liabilities 2.02B 1.78B 1.59B 1.53B 1.74B
Shareholders' Equity 8.97B 7.85B 7.01B 6.20B 6.11B
Total Debt 164.84M 162.79M 113.04M 114.54M 70.04M
Cash & Equivalents 2.28B 2.08B 1.69B 1.28B 1.50B
Current Assets 6.25B 5.34B 4.46B 3.96B 4.26B
Current Liabilities 1.72B 1.51B 1.31B 1.21B 1.45B

Strategy Scores

This stock passed the criteria for 1 strategy

Score = fit strength (0–100)
Rank = position among all matches
Custom Balanced Risk
#141 of 151
27

Recent Activity

Entered Balanced Risk
Mar 24, 2026