GRMN Garmin Earnings and EPS analysis

EPS in 2025 (TTM): $7.65

Last Report Period Date: Mar 29, 2025

Based on the company's latest reports for March 2025, the current 12-month EPS is $7.65. Garmin's earnings per share in 2024 was reported at $7.35, marking a rise from $6.74 in 2023. In the quarterly report ending on Mar 29, 2025, GRMN's earnings per share amounted to $1.73.

GRMN earnings history

Historical annual and quarterly earnings per share (EPS) data for Garmin
EPS (TTM)
$7.65
EPS Growth YoY (Quarterly)
20.1%
EPS (Quarterly)
$1.73
EPS Growth (Quarterly)
-23.8%

Garmin had an yealy earnings per share of $7.35, showing a rise of 9.1% from $6.74 recorded in 2023. The quarterly earnings per share for the period ending Mar 29, 2025, was $1.73, showing a 20.1% increase compared to the same quarter last year. The trailing twelve months EPS for GRMN is $7.65 as of March 2025. Garmin's full-year EPS for 2023 was $6.74, a 33.2% rise compared to the previous year.

GRMN EPS growth

Earnings per share growth rates over time
EPS Growth YoY (Quarterly)
20.1%
EPS growth YoY
9.1%
EPS growth 3Y avg
9.3%
EPS growth 5Y avg
8%

In the past 12 months, Garmin has recorded an earnings per share growth rate of 20.1% (YoY, quarterly). Over an extended period, the company registered an average EPS annual growth rate of 9.3% per year during the last 3 years. In the last five years, the company had an average annual EPS growth of 8%. A ten-year view shows that GRMN has seen an average earnings per share growth of 14.5% per year.

GRMN Earnings Waterfall

Breakdown of revenue, profit and net income for Garmin

GRMN Earnings vs Peers

What are the earnings of GRMN compared to its peers
Stock name Price to Earnings EPS grwoth 1Y EPS grwoth 3Y EPS grwoth 5Y
TRMB Trimble Inc 13.79 386.5% 46.2% 24.5%
ISSC Innovative Solutions & Support Inc 25.36 14.3% 11.3% 29.5%
HON Honeywell International Inc 25.37 2.7% 3% 0.6%
GRMN Garmin Ltd 30.8 9.1% 9.3% 8%
MSI Motorola Solutions Inc 34.94 -7.6% 8.7% 12.6%
CMTL Comtech Telecommunications Corp N/A -288.4% N/A N/A
JOUT Johnson Outdoors Inc N/A -234.7% N/A N/A
KVHI Kvh Industries Inc N/A 29.6% N/A N/A

All data is based on quarterly TTM periods, unless otherwise specified.