GRMN Garmin Ltd

  1. Stocks
  2. Technology
  3. NASDAQ: GRMN

Price (delayed)

$95.33

Market cap

$18.24B

P/E Ratio

18.84

Dividend/share

$2.86

EPS

$5.06

Enterprise value

$17.08B

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 equity has increased by 6% from the previous quarter
GRMN's quick ratio is up by 19% since the previous quarter but it is down by 6% year-on-year
The price to earnings (P/E) is 6% less than the 5-year quarterly average of 20.4 but 3.4% more than the last 4 quarters average of 18.6
Garmin's debt has soared by 64% YoY and by 14% from the previous quarter
Garmin's EPS has decreased by 10% YoY
Sector: Technology
Industry: Scientific & Technical Instruments
Website: http://www.garmin.com
Peers: TRMB CMTL MSI KVHI

Key stats

What are the main financial stats of GRMN
Market
Shares outstanding
191.36M
Market cap
$18.24B
Enterprise value
$17.08B
Valuations
Price to earnings (P/E)
18.84
Price to book (P/B)
2.94
Price to sales (P/S)
3.76
EV/EBIT
16.04
EV/EBITDA
13.9
EV/Sales
3.51
Earnings
Revenue
$4.86B
EBIT
$1.06B
EBITDA
$1.23B
Free cash flow
$546.38M
Per share
EPS
$5.06
Free cash flow per share
$2.85
Book value per share
$32.37
Revenue per share
$25.36
TBVPS
$36.44
Balance sheet
Total assets
$7.73B
Total liabilities
$1.53B
Debt
$114.54M
Equity
$6.2B
Working capital
$2.74B
Liquidity
Debt to equity
0.02
Current ratio
3.26
Quick ratio
1.74
Net debt/EBITDA
-0.95
Margins
EBITDA margin
25.3%
Gross margin
57.7%
Net margin
20%
Operating margin
21.1%
Efficiency
Return on assets
12.6%
Return on equity
16.1%
Return on invested capital
23.7%
Return on capital employed
16.3%
Return on sales
21.9%
Dividend
Dividend yield
3%
DPS
$2.86
Payout ratio
56.5%

GRMN stock price

How has the Garmin stock price performed over time
Intraday
-2.09%
1 week
-0.58%
1 month
-2.53%
1 year
-19.58%
YTD
3.29%
QTD
3.29%

Financial performance

How have Garmin's revenue and profit performed over time
Revenue
$4.86B
Gross profit
$2.81B
Operating income
$1.03B
Net income
$973.59M
Gross margin
57.7%
Net margin
20%
Garmin's operating income has decreased by 16% YoY and by 4.5% from the previous quarter
The operating margin has declined by 14% year-on-year and by 3.2% since the previous quarter
The net income has contracted by 10% YoY
Garmin's net margin has decreased by 8% YoY but it has increased by 2.6% from the previous quarter

Growth

What is Garmin's growth rate over time

Valuation

What is Garmin stock price valuation
P/E
18.84
P/B
2.94
P/S
3.76
EV/EBIT
16.04
EV/EBITDA
13.9
EV/Sales
3.51
Garmin's EPS has decreased by 10% YoY
The price to earnings (P/E) is 6% less than the 5-year quarterly average of 20.4 but 3.4% more than the last 4 quarters average of 18.6
The stock's price to book (P/B) is 19% less than its 5-year quarterly average of 3.7 and 2.9% less than its last 4 quarters average of 3.1
Garmin's equity has increased by 6% from the previous quarter
GRMN's P/S is 15% below its 5-year quarterly average of 4.5
The company's revenue fell by 2.5% YoY

Efficiency

How efficient is Garmin business performance
The return on invested capital has declined by 25% year-on-year
GRMN's return on assets is down by 13% year-on-year
Garmin's return on equity has decreased by 13% YoY
Garmin's ROS has decreased by 10% YoY but it has increased by 3.8% from the previous quarter

Dividends

What is GRMN's dividend history
Dividend details
DPS
$2.86
Dividend yield
3%
Payout ratio
56.5%
Recent dividends

Financial health

How did Garmin financials performed over time
GRMN's current ratio is up by 19% QoQ and by 11% YoY
GRMN's quick ratio is up by 19% since the previous quarter but it is down by 6% year-on-year
Garmin's debt is 98% less than its equity
Garmin's debt to equity has surged by 100% YoY
Garmin's debt has soared by 64% YoY and by 14% from the previous quarter

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