GRMN Garmin Ltd

Price (delayed)

$131.23

Market cap

$25.24B

P/E Ratio

22.28

Dividend/share

$2.62

EPS

$5.89

Enterprise value

$23.67B

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 26% YoY
The company's gross profit rose by 25% YoY
Garmin's debt has increased by 22% YoY but it has decreased by 3.8% from the previous quarter
The price to earnings (P/E) is 15% more than the 5-year quarterly average of 19.3 but 10% less than the last 4 quarters average of 24.8

Key stats

What are the main financial stats of GRMN
Market
Shares outstanding
192.32M
Market cap
$25.24B
Enterprise value
$23.67B
Valuations
Price to earnings (P/E)
22.28
Price to book (P/B)
4.31
Price to sales (P/S)
5.11
EV/EBIT
18.36
EV/EBITDA
16.44
EV/Sales
4.79
Earnings
Revenue
$4.94B
EBIT
$1.29B
EBITDA
$1.44B
Free cash flow
$1.04B
Per share
EPS
$5.89
Free cash flow per share
$5.42
Book value per share
$30.44
Revenue per share
$25.7
TBVPS
$35.16
Balance sheet
Total assets
$7.57B
Total liabilities
$1.72B
Debt
$71.53M
Equity
$5.85B
Working capital
$2.64B
Liquidity
Debt to equity
0.01
Current ratio
2.92
Quick ratio
1.91
Net debt/EBITDA
-1.09
Margins
EBITDA margin
29.1%
Gross margin
58.9%
Net margin
22.9%
Operating margin
25.8%
Efficiency
Return on assets
15.6%
Return on equity
19.9%
Return on invested capital
35%
Return on capital employed
20.8%
Return on sales
26.1%
Dividend
Dividend yield
2%
DPS
$2.62
Payout ratio
44.5%

GRMN stock price

How has the Garmin stock price performed over time
Intraday
-1.17%
1 week
-0.58%
1 month
-0.76%
1 year
6.96%
YTD
-3.63%
QTD
-3.63%

Financial performance

How have Garmin's revenue and profit performed over time
Revenue
$4.94B
Gross profit
$2.91B
Operating income
$1.27B
Net income
$1.13B
Gross margin
58.9%
Net margin
22.9%
Garmin's operating income has increased by 33% YoY but it has decreased by 2.6% from the previous quarter
The company's revenue rose by 26% YoY
The company's gross profit rose by 25% YoY
Garmin's net margin has decreased by 12% YoY and by 6% from the previous quarter

Growth

What is Garmin's growth rate over time

Valuation

What is Garmin stock price valuation
P/E
22.28
P/B
4.31
P/S
5.11
EV/EBIT
18.36
EV/EBITDA
16.44
EV/Sales
4.79
The price to earnings (P/E) is 15% more than the 5-year quarterly average of 19.3 but 10% less than the last 4 quarters average of 24.8
Garmin's EPS has increased by 11% YoY but it has decreased by 4.7% from the previous quarter
The stock's price to book (P/B) is 20% more than its 5-year quarterly average of 3.6 but 10% less than its last 4 quarters average of 4.8
Garmin's equity has increased by 15% YoY and by 4.8% from the previous quarter
The company's revenue rose by 26% YoY
GRMN's P/S is 16% above its 5-year quarterly average of 4.4 but 13% below its last 4 quarters average of 5.9

Efficiency

How efficient is Garmin business performance
The return on invested capital is up by 19% year-on-year but it has declined by 7% since the previous quarter
Garmin's return on equity has decreased by 8% QoQ and by 4.3% YoY
GRMN's return on assets is down by 8% since the previous quarter and by 4.3% year-on-year
Garmin's ROS has decreased by 6% from the previous quarter but it has increased by 2.8% YoY

Dividends

What is GRMN's dividend history
DPS
$2.62
Dividend yield
2%
Payout ratio
44.5%
Recent dividends

Financial health

How did Garmin financials performed over time
The total liabilities has increased by 19% year-on-year but it has declined by 6% since the previous quarter
The total assets has increased by 16% YoY and by 2.3% from the previous quarter
Garmin's debt is 99% less than its equity
Garmin's debt has increased by 22% YoY but it has decreased by 3.8% from the previous quarter
Garmin's equity has increased by 15% YoY and by 4.8% from the previous quarter

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