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Price (delayed)
$206.06
Market cap
$39.61B
P/E Ratio
28.7
Dividend/share
$2.96
EPS
$7.18
Enterprise value
$37.77B
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 net income has grown by 38% YoY
Garmin's EPS has increased by 38% YoY
GRMN's quick ratio is down by 28% since the previous quarter but it is up by 13% year-on-year
Garmin's equity has increased by 14% YoY but it has decreased by 3.3% from the previous quarter
The price to earnings (P/E) is 13% more than the last 4 quarters average of 20.5 and 12% more than the 5-year quarterly average of 20.6
Key stats
What are the main financial stats of GRMN
Market
Valuations
Earnings
Shares outstanding
192.21M
Market cap
$39.61B
Enterprise value
$37.77B
Price to book (P/B)
5.65
Price to sales (P/S)
7.01
EV/EBIT
27.86
EV/EBITDA
24.61
EV/Sales
6.69
Revenue
$5.65B
EBIT
$1.36B
EBITDA
$1.53B
Free cash flow
$1.35B
Per share
Balance sheet
Liquidity
EPS
$7.18
Free cash flow per share
$7.03
Book value per share
$36.47
Revenue per share
$29.41
TBVPS
$42.25
Total assets
$8.88B
Total liabilities
$1.88B
Debt
$102.17M
Equity
$7B
Working capital
$3.07B
Debt to equity
0.01
Current ratio
2.89
Quick ratio
1.87
Net debt/EBITDA
-1.2
Margins
Efficiency
Dividend
EBITDA margin
27.2%
Gross margin
57.7%
Net margin
24.4%
Operating margin
22.2%
Return on assets
16.1%
Return on equity
19.9%
Return on invested capital
28.5%
Return on capital employed
18.7%
Return on sales
24%
Dividend yield
1.44%
DPS
$2.96
Payout ratio
41.2%
GRMN stock price
How has the Garmin stock price performed over time
Intraday
23.93%
1 week
27.53%
1 month
17.06%
1 year
103.46%
YTD
60.31%
QTD
17.06%
Financial performance
How have Garmin's revenue and profit performed over time
Revenue
$5.65B
Gross profit
$3.26B
Operating income
$1.25B
Net income
$1.38B
Gross margin
57.7%
Net margin
24.4%
The net income has grown by 38% YoY
Garmin's operating income has increased by 27% YoY and by 4.8% from the previous quarter
Garmin's net margin has increased by 21% YoY but it has decreased by 2.4% from the previous quarter
The company's gross profit rose by 15% YoY and by 3.3% QoQ
Growth
What is Garmin's growth rate over time
Valuation
What is Garmin stock price valuation
P/E
28.7
P/B
5.65
P/S
7.01
EV/EBIT
27.86
EV/EBITDA
24.61
EV/Sales
6.69
Garmin's EPS has increased by 38% YoY
The price to earnings (P/E) is 13% more than the last 4 quarters average of 20.5 and 12% more than the 5-year quarterly average of 20.6
The stock's price to book (P/B) is 20% more than its 5-year quarterly average of 3.8 and 20% more than its last 4 quarters average of 3.8
Garmin's equity has increased by 14% YoY but it has decreased by 3.3% from the previous quarter
GRMN's P/S is 20% above its 5-year quarterly average of 4.7 and 16% above its last 4 quarters average of 4.9
The company's revenue rose by 15% YoY and by 3.4% QoQ
Efficiency
How efficient is Garmin business performance
GRMN's return on assets is up by 26% year-on-year but it is down by 2.4% since the previous quarter
Garmin's return on equity has increased by 23% YoY but it has decreased by 2.5% QoQ
The return on invested capital is up by 19% year-on-year and by 2.5% since the previous quarter
Garmin's ROS has increased by 9% YoY
Dividends
What is GRMN's dividend history
DPS
$2.96
Dividend yield
1.44%
Payout ratio
41.2%
Recent dividends
Special dividends are included in TTM DPS and yield
Financial health
How did Garmin financials performed over time
The total liabilities has increased by 35% since the previous quarter and by 7% year-on-year
GRMN's quick ratio is down by 28% since the previous quarter but it is up by 13% year-on-year
Garmin's debt is 99% less than its equity
Garmin's debt to equity has shrunk by 50% YoY
Garmin's equity has increased by 14% YoY but it has decreased by 3.3% from the previous quarter
All financial data is based on trailing twelve months (TTM) periods - updated quarterly, unless otherwise
specified. Data from 
and Sharadar.