GRMN Garmin Ltd

Price (delayed)

$118.48

Market cap

$22.66B

P/E Ratio

22.23

Dividend/share

$2.36

EPS

$5.33

Enterprise value

$21.49B

Sector: Technology
Industry: Scientific & Technical Instruments

Highlights

The net income has grown by 30% YoY and by 9% from the previous quarter
Garmin's EPS has increased by 29% YoY and by 9% from the previous quarter
Garmin's debt has increased by 36% YoY but it has decreased by 2.6% from the previous quarter
The price to earnings (P/E) is 27% more than the 5-year quarterly average of 17.5 and 25% more than the last 4 quarters average of 17.8

Key stats

What are the main financial stats of GRMN
Market
Shares outstanding
191.24M
Market cap
$22.66B
Enterprise value
$21.49B
Valuations
Price to earnings (P/E)
22.23
Price to book (P/B)
4.44
Price to sales (P/S)
5.75
EV/EBIT
21.51
EV/EBITDA
19.22
EV/Sales
5.46
Earnings
Revenue
$3.94B
EBIT
$999.36M
EBITDA
$1.12B
Free cash flow
$772.32M
Per share
EPS
$5.33
Free cash flow per share
$4.04
Book value per share
$26.69
Revenue per share
$20.59
TBVPS
$29.97
Balance sheet
Total assets
$6.55B
Total liabilities
$1.45B
Debt
$58.42M
Equity
$5.1B
Working capital
$2.22B
Liquidity
Debt to equity
0.01
Current ratio
2.98
Quick ratio
2.06
Net debt/EBITDA
-1.04
Margins
EBITDA margin
28.4%
Gross margin
59.2%
Net margin
25.9%
Operating margin
24.4%
Efficiency
Return on assets
16.3%
Return on equity
20.8%
Return on invested capital
29.3%
Return on capital employed
18.4%
Return on sales
25.4%
Dividend
Dividend yield
1.99%
DPS
$2.36
Payout ratio
44.3%

GRMN stock price

How has the Garmin stock price performed over time
Intraday
-1.1%
1 week
1.81%
1 month
7.82%
1 year
22.25%
YTD
21.44%
QTD
24.9%

Financial performance

How have Garmin's revenue and profit performed over time
Revenue
$3.94B
Gross profit
$2.33B
Operating income
$959.5M
Net income
$1.02B
Gross margin
59.2%
Net margin
25.9%
The net income has grown by 30% YoY and by 9% from the previous quarter
Garmin's net margin has increased by 19% YoY and by 4.4% from the previous quarter
The company's revenue rose by 10% YoY and by 4.6% QoQ
The company's gross profit rose by 9% YoY and by 4.5% QoQ

Growth

What is Garmin's growth rate over time

Valuation

What is Garmin stock price valuation
P/E
22.23
P/B
4.44
P/S
5.75
EV/EBIT
21.51
EV/EBITDA
19.22
EV/Sales
5.46
Garmin's EPS has increased by 29% YoY and by 9% from the previous quarter
The price to earnings (P/E) is 27% more than the 5-year quarterly average of 17.5 and 25% more than the last 4 quarters average of 17.8
The stock's price to book (P/B) is 39% more than its 5-year quarterly average of 3.2 and 23% more than its last 4 quarters average of 3.6
Garmin's equity has increased by 17% YoY and by 8% from the previous quarter
GRMN's P/S is 55% above its 5-year quarterly average of 3.7 and 25% above its last 4 quarters average of 4.6
The company's revenue rose by 10% YoY and by 4.6% QoQ

Efficiency

How efficient is Garmin business performance
GRMN's return on assets is up by 14% year-on-year and by 6% since the previous quarter
Garmin's return on equity has increased by 13% YoY and by 5% QoQ
The return on invested capital is up by 6% since the previous quarter but it has declined by 3.9% year-on-year
Garmin's ROS has increased by 3.7% from the previous quarter but it has decreased by 2.3% YoY

Dividends

What is GRMN's dividend history
DPS
$2.36
Dividend yield
1.99%
Payout ratio
44.3%
Recent dividends

Financial health

How did Garmin financials performed over time
GRMN's quick ratio is up by 17% year-on-year and by 6% since the previous quarter
The total assets has increased by 14% YoY and by 5% from the previous quarter
Garmin's debt is 99% less than its equity
Garmin's debt has increased by 36% YoY but it has decreased by 2.6% from the previous quarter
Garmin's equity has increased by 17% YoY and by 8% from the previous quarter

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