GRMN Garmin Ltd

  1. Stocks
  2. Technology
  3. NASDAQ: GRMN

Price (delayed)

$177.94

Market cap

$34.18B

P/E Ratio

24.99

Dividend/share

$2.94

EPS

$7.12

Enterprise value

$32.36B

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
Garmin's EPS has increased by 42% YoY and by 6% from the previous quarter
The net income has grown by 41% YoY and by 6% from the previous quarter
The price to earnings (P/E) is 22% more than the last 4 quarters average of 19.9 and 19% more than the 5-year quarterly average of 20.5
Sector: Technology
Industry: Scientific & Technical Instruments
Website: http://www.garmin.com
Peers: TRMB CMTL MSI JOUT

Key stats

What are the main financial stats of GRMN
Market
Shares outstanding
192.08M
Market cap
$34.18B
Enterprise value
$32.36B
Valuations
Price to earnings (P/E)
24.99
Price to book (P/B)
4.71
Price to sales (P/S)
6.25
EV/EBIT
24.79
EV/EBITDA
21.8
EV/Sales
5.92
Earnings
Revenue
$5.46B
EBIT
$1.31B
EBITDA
$1.48B
Free cash flow
$1.35B
Per share
EPS
$7.12
Free cash flow per share
$7.05
Book value per share
$37.78
Revenue per share
$28.47
TBVPS
$40.94
Balance sheet
Total assets
$8.63B
Total liabilities
$1.39B
Debt
$105.86M
Equity
$7.25B
Working capital
$3.4B
Liquidity
Debt to equity
0.01
Current ratio
4.04
Quick ratio
2.59
Net debt/EBITDA
-1.22
Margins
EBITDA margin
27.2%
Gross margin
57.7%
Net margin
25%
Operating margin
21.9%
Efficiency
Return on assets
16.5%
Return on equity
20.4%
Return on invested capital
27.8%
Return on capital employed
17.4%
Return on sales
23.9%
Dividend
Dividend yield
1.65%
DPS
$2.94
Payout ratio
41.3%

GRMN stock price

How has the Garmin stock price performed over time
Intraday
2.62%
1 week
4.63%
1 month
10.41%
1 year
68.47%
YTD
38.43%
QTD
9.22%

Financial performance

How have Garmin's revenue and profit performed over time
Revenue
$5.46B
Gross profit
$3.15B
Operating income
$1.19B
Net income
$1.36B
Gross margin
57.7%
Net margin
25%
The net income has grown by 41% YoY and by 6% from the previous quarter
Garmin's net margin has increased by 26% YoY
Garmin's operating income has increased by 20% YoY and by 9% from the previous quarter
The company's revenue rose by 13% YoY and by 4.5% QoQ

Growth

What is Garmin's growth rate over time

Valuation

What is Garmin stock price valuation
GRMN P/E details
P/E
24.99
P/B
4.71
P/S
6.25
EV/EBIT
24.79
EV/EBITDA
21.8
EV/Sales
5.92
Garmin's EPS has increased by 42% YoY and by 6% from the previous quarter
The price to earnings (P/E) is 22% more than the last 4 quarters average of 19.9 and 19% more than the 5-year quarterly average of 20.5
The stock's price to book (P/B) is 31% more than its last 4 quarters average of 3.5 and 24% more than its 5-year quarterly average of 3.7
Garmin's equity has increased by 13% YoY and by 3.3% from the previous quarter
GRMN's P/S is 35% above its last 4 quarters average of 4.5 and 30% above its 5-year quarterly average of 4.7
The company's revenue rose by 13% YoY and by 4.5% QoQ

Efficiency

How efficient is Garmin business performance
GRMN's return on assets is up by 32% year-on-year and by 3.1% since the previous quarter
Garmin's return on equity has increased by 29% YoY and by 2.5% QoQ
The return on invested capital is up by 21% year-on-year and by 7% since the previous quarter
Garmin's ROS has increased by 10% YoY and by 3.9% from the previous quarter

Dividends

What is GRMN's dividend history
Dividend details
DPS
$2.94
Dividend yield
1.65%
Payout ratio
41.3%
Recent dividends

Financial health

How did Garmin financials performed over time
GRMN's quick ratio is up by 22% since the previous quarter and by 21% year-on-year
GRMN's current ratio is up by 18% QoQ and by 2.8% YoY
Garmin's debt is 99% less than its equity
Garmin's debt to equity has shrunk by 50% QoQ and by 50% YoY
Garmin's equity has increased by 13% YoY and by 3.3% from the previous quarter

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