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GRMN Garmin Ltd
- Stocks
- Technology
- NASDAQ: GRMN
Price (delayed)
$205.28
Market cap
$39.52B
P/E Ratio
26.83
Dividend/share
$3
EPS
$7.65
Enterprise value
$37.49B
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 gross profit rose by 20% YoY and by 2.2% QoQ
The company's revenue rose by 18% YoY and by 2.4% QoQ
Garmin's debt has increased by 32% YoY and by 4% from the previous quarter
The price to earnings (P/E) is 23% more than the 5-year quarterly average of 21.8 and 6% more than the last 4 quarters average of 25.3
Key stats
What are the main financial stats of GRMN
Market
Valuations
Earnings
Shares outstanding
192.54M
Market cap
$39.52B
Enterprise value
$37.49B
Price to earnings (P/E)
26.83
Price to book (P/B)
4.83
Price to sales (P/S)
6.13
EV/EBIT
21.33
EV/EBITDA
19.34
EV/Sales
5.81
Revenue
$6.45B
Gross profit
$3.78B
Operating income
$1.63B
Net income
$1.47B
EBIT
$1.76B
EBITDA
$1.94B
Free cash flow
$1.22B
Per share
Balance sheet
Liquidity
EPS
$7.65
EPS diluted
$7.59
Free cash flow per share
$6.32
Book value per share
$42.51
Revenue per share
$33.5
TBVPS
$46.85
Total assets
$9.79B
Total liabilities
$1.61B
Debt
$140.24M
Equity
$8.18B
Working capital
$4.12B
Debt to equity
0.02
Current ratio
4.1
Quick ratio
2.6
Net debt/EBITDA
-1.05
Margins
Efficiency
Dividend
EBITDA margin
30.1%
Gross margin
58.6%
Net margin
22.8%
Operating margin
25.2%
Return on assets
15.6%
Return on equity
19.2%
Return on invested capital
33.8%
Return on capital employed
20.8%
Return on sales
27.2%
Dividend yield
1.46%
DPS
$3
Payout ratio
39.2%
GRMN stock price
How has the Garmin stock price performed over time
Intraday
1.66%
1 week
7.24%
1 month
8.64%
1 year
20.77%
YTD
-0.48%
QTD
-5.46%
Financial performance
How have Garmin's revenue and profit performed over time
Revenue
$6.45B
Gross profit
$3.78B
Operating income
$1.63B
Net income
$1.47B
Gross margin
58.6%
Net margin
22.8%
Garmin's operating income has increased by 36% YoY and by 2.2% from the previous quarter
The company's gross profit rose by 20% YoY and by 2.2% QoQ
The company's revenue rose by 18% YoY and by 2.4% QoQ
The operating margin has increased by 15% year-on-year
Price vs fundamentals
How does GRMN's price correlate with its fundamentals
Growth
What is Garmin's growth rate over time
Valuation
What is Garmin stock price valuation
P/E
26.83
P/B
4.83
P/S
6.13
EV/EBIT
21.33
EV/EBITDA
19.34
EV/Sales
5.81
The price to earnings (P/E) is 23% more than the 5-year quarterly average of 21.8 and 6% more than the last 4 quarters average of 25.3
Garmin's EPS has increased by 7% YoY and by 4.1% from the previous quarter
The stock's price to book (P/B) is 21% more than its 5-year quarterly average of 4.0
Garmin's equity has increased by 13% YoY and by 4.2% from the previous quarter
GRMN's P/S is 23% above its 5-year quarterly average of 5.0 and 2.2% above its last 4 quarters average of 6.0
The company's revenue rose by 18% YoY and by 2.4% QoQ
Efficiency
How efficient is Garmin business performance
The return on invested capital is up by 22% year-on-year
Garmin's ROS has increased by 14% YoY
Garmin's return on equity has decreased by 6% YoY
GRMN's return on assets is down by 5% year-on-year
Dividends
What is GRMN's dividend history
DPS
$3
Dividend yield
1.46%
Payout ratio
39.2%
Recent dividends
Special dividends are included in TTM DPS and yield
Financial health
How did Garmin financials performed over time
GRMN's current ratio is up by 16% QoQ
The total liabilities has increased by 16% year-on-year but it has declined by 10% since the previous quarter
Garmin's debt is 98% less than its equity
Garmin's debt to equity has surged by 100% YoY
Garmin's debt has increased by 32% YoY and by 4% from the previous quarter
All financial data is based on trailing twelve months (TTM) periods - updated quarterly, unless otherwise specified.