GRMN Garmin Ltd

Price (delayed)

$100.13

Market cap

$19.34B

P/E Ratio

17.91

Dividend/share

$2.74

EPS

$5.59

Enterprise value

$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
The price to earnings (P/E) is 27% less than the last 4 quarters average of 24.4 and 10% less than the 5-year quarterly average of 19.9
The company's revenue rose by 15% YoY and by 2% QoQ
GRMN's quick ratio is down by 22% year-on-year but it is up by 12% since the previous quarter
Garmin's debt has increased by 17% from the previous quarter and by 10% YoY
GRMN's gross margin is down by 3.5% year-on-year

Key stats

What are the main financial stats of GRMN
Market
Shares outstanding
193.13M
Market cap
$19.34B
Enterprise value
$18B
Valuations
Price to earnings (P/E)
17.91
Price to book (P/B)
3.09
Price to sales (P/S)
3.8
EV/EBIT
15.1
EV/EBITDA
13.32
EV/Sales
3.54
Earnings
Revenue
$5.08B
EBIT
$1.19B
EBITDA
$1.35B
Free cash flow
$500.4M
Per share
EPS
$5.59
Free cash flow per share
$2.59
Book value per share
$32.41
Revenue per share
$26.35
TBVPS
$35.88
Balance sheet
Total assets
$7.7B
Total liabilities
$1.45B
Debt
$82.13M
Equity
$6.25B
Working capital
$2.93B
Liquidity
Debt to equity
0.01
Current ratio
3.54
Quick ratio
2.08
Net debt/EBITDA
-0.99
Margins
EBITDA margin
26.6%
Gross margin
57.3%
Net margin
21.1%
Operating margin
23.6%
Efficiency
Return on assets
14.1%
Return on equity
18%
Return on invested capital
29.8%
Return on capital employed
18.2%
Return on sales
23.5%
Dividend
Dividend yield
2.74%
DPS
$2.74
Payout ratio
49%

GRMN stock price

How has the Garmin stock price performed over time
Intraday
1.26%
1 week
7.13%
1 month
1.2%
1 year
-30%
YTD
-26.47%
QTD
-15.58%

Financial performance

How have Garmin's revenue and profit performed over time
Revenue
$5.08B
Gross profit
$2.91B
Operating income
$1.2B
Net income
$1.07B
Gross margin
57.3%
Net margin
21.1%
The company's revenue rose by 15% YoY and by 2% QoQ
Garmin's net margin has decreased by 12% YoY and by 2.8% from the previous quarter
The company's gross profit rose by 11% YoY
The operating margin has declined by 8% year-on-year and by 3.7% since the previous quarter

Growth

What is Garmin's growth rate over time

Valuation

What is Garmin stock price valuation
P/E
17.91
P/B
3.09
P/S
3.8
EV/EBIT
15.1
EV/EBITDA
13.32
EV/Sales
3.54
The price to earnings (P/E) is 27% less than the last 4 quarters average of 24.4 and 10% less than the 5-year quarterly average of 19.9
The stock's price to book (P/B) is 33% less than its last 4 quarters average of 4.6 and 16% less than its 5-year quarterly average of 3.7
Garmin's equity has increased by 9% YoY and by 2.2% from the previous quarter
GRMN's P/S is 31% below its last 4 quarters average of 5.5 and 16% below its 5-year quarterly average of 4.5
The company's revenue rose by 15% YoY and by 2% QoQ

Efficiency

How efficient is Garmin business performance
The return on invested capital has declined by 12% year-on-year and by 6% since the previous quarter
Garmin's ROS has decreased by 12% YoY and by 2.9% from the previous quarter
Garmin's return on equity has decreased by 10% YoY and by 3.2% QoQ
GRMN's return on assets is down by 10% year-on-year and by 2.8% since the previous quarter

Dividends

What is GRMN's dividend history
DPS
$2.74
Dividend yield
2.74%
Payout ratio
49%
Recent dividends

Financial health

How did Garmin financials performed over time
GRMN's quick ratio is down by 22% year-on-year but it is up by 12% since the previous quarter
GRMN's current ratio is up by 20% QoQ but it is down by 7% YoY
Garmin's debt is 99% less than its equity
Garmin's debt has increased by 17% from the previous quarter and by 10% YoY
Garmin's equity has increased by 9% YoY and by 2.2% from the previous quarter

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