Stocktoria
GARMIN LTD GRMN
GARMIN LTD statistics & valuation
Market cap as of 2026-06-29. Multiples are price-derived and refreshed daily; everything else from the latest financial reports. The Graham number is Benjamin Graham's rough maximum fair value ($94.64); a green figure means the price is below it.
Profitability & efficiency
Margins and returns computed from annual filings. Falling shares outstanding = buybacks; rising = dilution. Net debt = debt − cash (negative = net cash).
P / E vs its own history
GARMIN LTD trades at about 36.1× earnings — above its 10-year norm (10-year range 16.7×–29.6×, median 19.6×).
Shaded band = 10-year range (16.7×–29.6×); dot = today's 36.1×.
Historical P/E = month-end price near each fiscal year-end ÷ that year's EPS. A read on whether the stock is cheap or dear relative to how it has typically been valued — not a forecast.
Key ratios (by fiscal year)
| Ratio | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Gross margin | 58.7% | 58.7% | 57.5% | 57.7% | 58.0% | 59.3% | 59.5% | 59.1% | 57.6% | 55.4% |
| Operating margin | 25.9% | 25.3% | 20.9% | 21.1% | 24.5% | 25.2% | 25.2% | 23.3% | 21.9% | 20.8% |
| Net margin | 23.0% | 22.4% | 24.7% | 20.0% | 21.7% | 23.7% | 25.3% | 20.7% | 22.7% | 17.0% |
| FCF margin | 18.8% | 19.7% | 22.6% | 11.2% | 14.1% | 22.7% | 15.4% | 22.8% | 16.7% | 20.2% |
| Return on assets | 15.1% | 14.7% | 15.0% | 12.6% | 13.8% | 14.1% | 15.4% | 12.9% | 14.3% | 11.4% |
| Return on equity | 18.5% | 18.0% | 18.4% | 15.7% | 17.7% | 18.0% | 19.9% | 16.7% | 18.4% | 15.0% |
| Current ratio | 3.63 | 3.54 | 3.41 | 3.26 | 2.94 | 3.15 | 2.95 | 2.89 | 2.96 | 2.89 |
Computed from company filings · US · as of 2025-12-27. Facts plus Stocktoria's own computed scores — not investment advice.