Stocktoria
GARMIN LTD GRMN
GARMIN LTD (GRMN) earns a Piotroski F-score of 6/9 (mixed financial health), with an Altman Z″ in the safe zone. It pays a dividend yielding 1.48% (safety: safe). FY2025 revenue was $7.2B at a 23.0% net margin.
Quality score trend · recomputed for each fiscal year
Each year's score is computed from that year's filing — a rising Piotroski F or Altman Z″ means improving financial health, a fall is worth a look.
Beneish M-score: -2.24 — low (below −2.22 — no manipulation red flag) . A statistical screen for earnings manipulation, not proof — and it doesn't apply to most banks/insurers.
Analyst price target
Recent analyst actions
| Date | Firm | Rating |
|---|---|---|
| 2026-08-06 | Tigress Financial | Strong Buy (main) |
| 2026-07-30 | Morgan Stanley | Equal-Weight (main) |
| 2026-07-30 | Barclays | Equal-Weight (main) |
| 2026-05-20 | Tigress Financial | Strong Buy (main) |
| 2026-04-30 | Barclays | Equal-Weight (main) |
| 2026-04-16 | JP Morgan | Neutral (main) |
Wall Street analyst consensus — a sentiment gauge, not our scoring.
Forward estimates · earnings calendar →
Consensus analyst estimates and scheduled dates — forward-looking, may change.
Smart money · insiders, last 12 months
Open-market insider purchases minus sells (SEC Form 4) — real buying with their own money is a bullish “smart money” signal; grants and option exercises are excluded.
How it ranks in Manufacturing · percentile among 1957 companies
Percentile vs other Manufacturing companies we cover — e.g. “stronger than 90%” means only 10% score higher on that measure.
Piotroski F breakdown · 6/9 tests passed
- Positive return on assets
- Positive operating cash flow
- Rising ROA
- Cash flow exceeds net income
- Lower long-term debt
- Rising current ratio
- No share dilution
- Rising gross margin
- Rising asset turnover
Altman Z″ components · safe zone
| Component | Value |
|---|---|
| Working capital / assets | 0.412 |
| Retained earnings / assets | 0.634 |
| EBIT / assets | 0.171 |
| Equity / liabilities | 4.439 |
Sector peers · similar-size Manufacturing companies compare side by side →
| Ticker | Company | Piotroski F | Altman Z″ | P / E | Revenue growth |
|---|---|---|---|---|---|
| GRMN | GARMIN LTD | 6/9 | 10.58 | 26.9 | +15.1% |
| TDY | TELEDYNE TECHNOLOGIES INC | 7/9 | 4.86 | 32.3 | +7.9% |
| LUNR | Intuitive Machines, Inc. | 3/9 | -1.03 | — | -7.9% |
| MIND | MIND TECHNOLOGY, INC | 5/9 | 3.79 | 60.5 | -12.6% |
| CODA | Coda Octopus Group, Inc. | 6/9 | 14.39 | 26.2 | +30.7% |
| NN | NEXTNAV INC. | 2/9 | -12.21 | — | — |
| AERG | APPLIED ENERGETICS, INC. | 4/9 | — | — | — |
About GARMIN LTD
Garmin Ltd. designs, develops, manufactures, markets, and distributes a diverse range of GPS-enabled products and navigation, communications, sensor-based, and information products and services worldwide. It offers running; cycling products; smartwatch devices; scales and monitors; and sports timing and performance analysis; Garmin Connect and Garmin Connect Mobile, which are web and mobile platforms where users can track and analyze their fitness, activities and workouts, and wellness data; and Connect IQ, which enables third parties to create applications that run on Garmin devices. It also provides adventure watches; outdoor handhelds and satellite communicators; golf devices; consumer automotive; dog devices; InReach and Gramin response; and dive devices. In addition, it designs, manufactures, and markets various aircraft avionics solutions, including integrated flight decks, electronic flight displays and instrumentation, navigation and communication products, automatic flight control systems and safety-enhancing technologies, audio control systems, engine indication systems, traffic awareness and avoidance solutions, ADS-B and transponders, weather information and avoidance solutions, datalink and connectivity solutions, and portable GPS navigators and wearables, as well as service products to the aviation market. Further, it offers chartplotters and multi-function displays, cartography, fishfinders, sonar, autopilot systems, radars, compliant instrument displays and sensors, VHF communication radios, handhelds and wearable devices, sailing, audio, digital switching, trolling motors, and lighting; and domain controllers and infotainment units, as well as software, map database, camera, wearable, and automotive solutions. The company sells its products through independent retailers, dealers, distributors, installation and repair shops, OEM, and online webshop. Garmin Ltd. was founded in 1989 and is based in Schaffhausen, Switzerland.
FAQ
Is GRMN financially healthy?
GARMIN LTD's Piotroski F-score is 6/9 (8–9 is excellent, 0–3 weak), and its Altman Z″ distress score is in the safe zone.
Does GRMN pay a dividend, and is it safe?
Yes. GARMIN LTD pays a dividend yielding about 1.48% with a 39.9% payout ratio, rated “safe” for safety.
How profitable is GRMN?
In FY2025, GARMIN LTD had a net margin of 23.0% and a return on equity of 18.5%.
Is GRMN overvalued or undervalued?
GARMIN LTD trades at about 36.1× trailing earnings — above its 10-year norm (10-year range 16.7×–29.6×, median 19.6×). Stocktoria reports the data, not buy/sell advice.
What is the analyst price target for GRMN?
The average Wall-Street price target for GARMIN LTD is $290.29, about 6.4% below the recent price, from 7 analysts (consensus: hold).
Is GRMN a good stock to buy?
Stocktoria doesn't give buy or sell advice, but here is the data on GARMIN LTD: a Piotroski F-score of 6/9, an Altman Z″ in the safe zone, a P/E of about 26.9×, a dividend yield of 1.48%. Weigh these quality and valuation signals against your own goals.
Computed from company filings · US · as of 2025-12-27. Facts plus Stocktoria's own computed scores — not investment advice.