GRMN Garmin Ltd
Price (delayed)
$224.71
Market cap
$43.24B
P/E Ratio
30.57
Dividend/share
$2.98
EPS
$7.35
Enterprise value
$41.29B
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 23% YoY and by 6% QoQ
The company's revenue rose by 20% YoY and by 6% QoQ
The net income has grown by 9% YoY but it has contracted by 7% from the previous quarter
Garmin's EPS has increased by 9% YoY but it has decreased by 7% from the previous quarter
The price to earnings (P/E) is 45% more than the 5-year quarterly average of 21.1 and 30% more than the last 4 quarters average of 23.5
Garmin's debt has increased by 23% from the previous quarter and by 19% YoY
Key stats
What are the main financial stats of GRMN
Market
Valuations
Earnings
Shares outstanding
192.4M
Market cap
$43.24B
Enterprise value
$41.29B
Price to earnings (P/E)
30.57
Price to book (P/B)
5.5
Price to sales (P/S)
6.85
EV/EBIT
24.35
EV/EBITDA
22.02
EV/Sales
6.56
Revenue
$6.3B
Gross profit
$3.7B
Operating income
$1.59B
Net income
$1.41B
EBIT
$1.7B
EBITDA
$1.88B
Free cash flow
$1.24B
Per share
Balance sheet
Liquidity
EPS
$7.35
EPS diluted
$7.3
Free cash flow per share
$6.45
Book value per share
$40.87
Revenue per share
$32.79
TBVPS
$46.2
Total assets
$9.63B
Total liabilities
$1.78B
Debt
$134.89M
Equity
$7.85B
Working capital
$3.83B
Debt to equity
0.02
Current ratio
3.54
Quick ratio
2.31
Net debt/EBITDA
-1.04
Margins
Efficiency
Dividend
EBITDA margin
29.8%
Gross margin
58.7%
Net margin
22.4%
Operating margin
25.3%
Return on assets
15.5%
Return on equity
19.1%
Return on invested capital
33.8%
Return on capital employed
20.9%
Return on sales
26.9%
Dividend yield
1.33%
DPS
$2.98
Payout ratio
40.5%
GRMN stock price
How has the Garmin stock price performed over time
Intraday
-1.88%
1 week
5.69%
1 month
3.16%
1 year
68.22%
YTD
8.95%
QTD
8.95%
Financial performance
How have Garmin's revenue and profit performed over time
Revenue
$6.3B
Gross profit
$3.7B
Operating income
$1.59B
Net income
$1.41B
Gross margin
58.7%
Net margin
22.4%
Garmin's operating income has increased by 46% YoY and by 12% from the previous quarter
The company's gross profit rose by 23% YoY and by 6% QoQ
The operating margin has increased by 21% year-on-year and by 6% since the previous quarter
The company's revenue rose by 20% YoY and by 6% QoQ
Growth
What is Garmin's growth rate over time
Valuation
What is Garmin stock price valuation
P/E
30.57
P/B
5.5
P/S
6.85
EV/EBIT
24.35
EV/EBITDA
22.02
EV/Sales
6.56
The price to earnings (P/E) is 45% more than the 5-year quarterly average of 21.1 and 30% more than the last 4 quarters average of 23.5
Garmin's EPS has increased by 9% YoY but it has decreased by 7% from the previous quarter
The stock's price to book (P/B) is 45% more than its 5-year quarterly average of 3.8 and 22% more than its last 4 quarters average of 4.5
Garmin's equity has increased by 12% YoY and by 4.6% from the previous quarter
GRMN's P/S is 43% above its 5-year quarterly average of 4.8 and 20% above its last 4 quarters average of 5.7
The company's revenue rose by 20% YoY and by 6% QoQ
Efficiency
How efficient is Garmin business performance
The return on invested capital is up by 31% year-on-year and by 6% since the previous quarter
Garmin's ROS has increased by 17% YoY and by 2.7% from the previous quarter
Garmin's return on equity has decreased by 9% QoQ and by 4% YoY
GRMN's return on assets is down by 9% since the previous quarter and by 3.1% year-on-year
Dividends
What is GRMN's dividend history
DPS
$2.98
Dividend yield
1.33%
Payout ratio
40.5%
Recent dividends
Special dividends are included in TTM DPS and yield
Financial health
How did Garmin financials performed over time
The total assets has increased by 12% YoY and by 3% from the previous quarter
The total liabilities has increased by 12% year-on-year but it has declined by 3.2% since the previous quarter
Garmin's debt is 98% less than its equity
Garmin's debt to equity has surged by 100% QoQ
Garmin's debt has increased by 23% from the previous quarter and by 19% YoY
All financial data is based on trailing twelve months (TTM) periods - updated quarterly, unless otherwise
specified. Data from 
and Sharadar.