GRMN Garmin Ltd

Price (delayed)

$139.52

Market cap

$26.76B

P/E Ratio

20.7

Dividend/share

$2.92

EPS

$6.74

Enterprise value

$25.18B

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
Garmin's EPS has increased by 33% YoY and by 24% from the previous quarter
The net income has grown by 32% YoY and by 24% from the previous quarter
The price to earnings (P/E) is 6% more than the last 4 quarters average of 19.7 and 2.4% more than the 5-year quarterly average of 20.4

Key stats

What are the main financial stats of GRMN
Market
Shares outstanding
191.78M
Market cap
$26.76B
Enterprise value
$25.18B
Valuations
Price to book (P/B)
3.81
Price to sales (P/S)
5.11
EV/EBIT
20.97
EV/EBITDA
18.27
EV/Sales
4.82
Earnings
Revenue
$5.23B
EBIT
$1.2B
EBITDA
$1.38B
Free cash flow
$1.18B
Per share
EPS
$6.74
Free cash flow per share
$6.18
Book value per share
$36.65
Revenue per share
$27.33
TBVPS
$40.81
Balance sheet
Total assets
$8.6B
Total liabilities
$1.59B
Debt
$113.04M
Equity
$7.01B
Working capital
$3.15B
Liquidity
Debt to equity
0.02
Current ratio
3.41
Quick ratio
2.12
Net debt/EBITDA
-1.15
Margins
EBITDA margin
26.4%
Gross margin
57.5%
Net margin
24.7%
Operating margin
20.9%
Efficiency
Return on assets
16%
Return on equity
19.9%
Return on invested capital
25.9%
Return on capital employed
16.5%
Return on sales
23%
Dividend
Dividend yield
2.09%
DPS
$2.92
Payout ratio
43.3%

GRMN stock price

How has the Garmin stock price performed over time
Intraday
-0.85%
1 week
-2.51%
1 month
-4.75%
1 year
42.15%
YTD
8.54%
QTD
-6.28%

Financial performance

How have Garmin's revenue and profit performed over time
Revenue
$5.23B
Gross profit
$3B
Operating income
$1.09B
Net income
$1.29B
Gross margin
57.5%
Net margin
24.7%
The net income has grown by 32% YoY and by 24% from the previous quarter
Garmin's net margin has increased by 24% YoY and by 20% from the previous quarter
The company's revenue rose by 8% YoY and by 3.5% QoQ
The company's gross profit rose by 7% YoY and by 4.1% QoQ

Growth

What is Garmin's growth rate over time

Valuation

What is Garmin stock price valuation
P/E
20.7
P/B
3.81
P/S
5.11
EV/EBIT
20.97
EV/EBITDA
18.27
EV/Sales
4.82
Garmin's EPS has increased by 33% YoY and by 24% from the previous quarter
The price to earnings (P/E) is 6% more than the last 4 quarters average of 19.7 and 2.4% more than the 5-year quarterly average of 20.4
The stock's price to book (P/B) is 20% more than its last 4 quarters average of 3.2 and 3.8% more than its 5-year quarterly average of 3.7
Garmin's equity has increased by 13% YoY and by 10% from the previous quarter
GRMN's P/S is 23% above its last 4 quarters average of 4.2 and 12% above its 5-year quarterly average of 4.6
The company's revenue rose by 8% YoY and by 3.5% QoQ

Efficiency

How efficient is Garmin business performance
GRMN's return on assets is up by 27% year-on-year and by 20% since the previous quarter
Garmin's return on equity has increased by 24% YoY and by 20% QoQ
The return on invested capital is up by 9% year-on-year and by 3.2% since the previous quarter
Garmin's ROS has increased by 5% YoY

Dividends

What is GRMN's dividend history
DPS
$2.92
Dividend yield
2.09%
Payout ratio
43.3%
Recent dividends

Financial health

How did Garmin financials performed over time
GRMN's quick ratio is up by 22% year-on-year and by 16% since the previous quarter
The total assets has increased by 11% YoY and by 8% from the previous quarter
Garmin's debt is 98% less than its equity
Garmin's equity has increased by 13% YoY and by 10% from the previous quarter

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