GRMN Garmin Ltd

Price (delayed)

$167.19

Market cap

$32.15B

P/E Ratio

27.05

Dividend/share

$2.56

EPS

$6.18

Enterprise value

$30.59B

Garmin, formerly known as ProNav, is an American multinational technology company founded in 1989, with headquarters in Olathe, Kansas. The company specializes in GPS technology for automotive, aviation, marine, outdoor, ...

Highlights
The company's revenue rose by 29% YoY and by 10% QoQ
The company's gross profit rose by 29% YoY and by 10% QoQ
Garmin's equity has increased by 18% YoY but it has decreased by 2.3% from the previous quarter
The price to earnings (P/E) is 46% more than the 5-year quarterly average of 18.7 and 25% more than the last 4 quarters average of 21.9
GRMN's quick ratio is down by 31% since the previous quarter and by 4.1% year-on-year

Key stats

What are the main financial stats of GRMN
Market
Shares outstanding
192.32M
Market cap
$32.15B
Enterprise value
$30.59B
Valuations
Price to earnings (P/E)
27.05
Price to book (P/B)
5.75
Price to sales (P/S)
6.61
EV/EBIT
22.65
EV/EBITDA
20.47
EV/Sales
6.29
Earnings
Revenue
$4.86B
EBIT
$1.35B
EBITDA
$1.49B
Free cash flow
$1.07B
Per share
EPS
$6.18
Free cash flow per share
$5.59
Book value per share
$29.06
Revenue per share
$25.29
TBVPS
$34.26
Balance sheet
Total assets
$7.4B
Total liabilities
$1.82B
Debt
$74.34M
Equity
$5.58B
Working capital
$2.42B
Liquidity
Debt to equity
0.01
Current ratio
2.66
Quick ratio
1.86
Net debt/EBITDA
-1.05
Margins
EBITDA margin
30.8%
Gross margin
59.3%
Net margin
24.4%
Operating margin
26.9%
Efficiency
Return on assets
16.9%
Return on equity
21.6%
Return on invested capital
37.6%
Return on capital employed
22.7%
Return on sales
27.8%
Dividend
Dividend yield
1.53%
DPS
$2.56
Payout ratio
41.4%

GRMN stock price

How has the Garmin stock price performed over time
Intraday
-0.85%
1 week
-3.13%
1 month
0.13%
1 year
70.25%
YTD
39.72%
QTD
15.59%

Financial performance

How have Garmin's revenue and profit performed over time
Revenue
$4.86B
Gross profit
$2.88B
Operating income
$1.31B
Net income
$1.18B
Gross margin
59.3%
Net margin
24.4%
Garmin's operating income has increased by 45% YoY and by 16% from the previous quarter
The company's revenue rose by 29% YoY and by 10% QoQ
The company's gross profit rose by 29% YoY and by 10% QoQ
The net income has grown by 27% YoY and by 13% from the previous quarter

Growth

What is Garmin's growth rate over time

Valuation

What is Garmin stock price valuation
P/E
27.05
P/B
5.75
P/S
6.61
EV/EBIT
22.65
EV/EBITDA
20.47
EV/Sales
6.29
The price to earnings (P/E) is 46% more than the 5-year quarterly average of 18.7 and 25% more than the last 4 quarters average of 21.9
Garmin's EPS has increased by 26% YoY and by 13% from the previous quarter
The stock's price to book (P/B) is 66% more than its 5-year quarterly average of 3.5 and 38% more than its last 4 quarters average of 4.2
Garmin's equity has increased by 18% YoY but it has decreased by 2.3% from the previous quarter
GRMN's P/S is 63% above its 5-year quarterly average of 4.1 and 26% above its last 4 quarters average of 5.3
The company's revenue rose by 29% YoY and by 10% QoQ

Efficiency

How efficient is Garmin business performance
The return on invested capital is up by 36% year-on-year and by 11% since the previous quarter
Garmin's ROS has increased by 13% YoY and by 4.1% from the previous quarter
GRMN's return on assets is up by 10% year-on-year and by 8% since the previous quarter
Garmin's return on equity has increased by 9% YoY and by 9% QoQ

Dividends

What is GRMN's dividend history
DPS
$2.56
Dividend yield
1.53%
Payout ratio
41.4%
Recent dividends

Financial health

How did Garmin financials performed over time
The total liabilities has increased by 42% since the previous quarter and by 23% year-on-year
GRMN's quick ratio is down by 31% since the previous quarter and by 4.1% year-on-year
Garmin's debt is 99% less than its equity
Garmin's debt has increased by 24% YoY
Garmin's equity has increased by 18% YoY but it has decreased by 2.3% from the previous quarter

All financial data is based on trailing twelve months (TTM) periods - updated quarterly, unless otherwise specified.