GRMN
TechnologyGarmin Ltd.
$203.76
+$1.32 (+0.65%)
Jan 5, 2026
Price History (1Y)
Analysis
Garmin Ltd. is a technology company in the scientific and technical instruments industry, with a market capitalization of $39.22 billion and revenue of $6.94 billion (TTM). The company has a significant scale, employing 21,800 people worldwide. From a financial health perspective, Garmin's profitability metrics are notable. The company's gross margin stands at 58.7%, while its operating margin is 25.8% and profit margin is 22.6%. In terms of returns on equity and assets, Garmin generates a return on equity (ROE) of 19.7% and a return on assets (ROA) of 11.2%. The company's balance sheet also indicates strong liquidity, with cash holdings of $2.54 billion and debt of $198.57 million. In terms of valuation context, Garmin's price-to-earnings ratio (TTM) is 24.94, while its forward P/E stands at 23.37. The company has experienced revenue growth of 11.7% year-over-year (YoY), but earnings growth has been more subdued at 0.5%. Additionally, Garmin offers a dividend yield of 178.0%, with a payout ratio of 40.7%.
This analysis is AI-generated for informational purposes only and should not be considered financial advice. Data may be delayed or inaccurate. Always do your own research and consult a qualified financial advisor before making investment decisions.
About Garmin Ltd.
Garmin Ltd. designs, develops, manufactures, markets, and distributes a range of wireless devices worldwide. The company offers running and multi-sport watches; cycling products; smartwatch devices; scales and monitors; Garmin Connect and Garmin Connect Mobile, which are web and mobile platforms where users can track and analyze their fitness, activities and workouts, and wellness data; and Connect IQ, enables third parties to create applications that run on Garmin devices. It also provides adventure watches; outdoor handhelds and satellite communicators; golf devices; consumer automotive; dog devices; InReach and Gramin response communication device; and Dive devices. In addition, the company designs, manufactures, and markets various aircraft avionics solutions, including integrated flight decks, electronic flight displays and instrumentation, navigation and communication products, automatic flight control systems and safety-enhancing technologies, audio control systems, engine indication systems, traffic awareness and avoidance solutions, ADS-B and transponders, weather information and avoidance solutions, datalink and connectivity solutions, and portable GPS navigators and wearables, as well as service products to the aviation market. Further, it offers chartplotters and multi-function displays, cartography products, fishfinders, sonar products, autopilot systems, radars, compliant instrument displays and sensors, VHF communication radios, handhelds and wearable devices, sailing products, audio products, digital switching products, trolling motors, and lighting products; and domain controllers and infotainment units, as well as software, map database, cameras, wearables, and automotive solutions. The company sells its products through independent retailers, dealers, distributors, installation and repair shops, and original equipment manufacturers, as well as online webshop. Garmin Ltd. was founded in 1989 and is based in Schaffhausen, Switzerland.
Visit website →Key Statistics
- Market Cap
- $39.22B
- P/E Ratio
- 24.94
- 52-Week High
- $261.69
- 52-Week Low
- $169.26
- Avg Volume
- 989.91K
- Beta
- 1.01
- Dividend Yield
- 178.00%
Company Info
- Industry
- Scientific & Technical Instruments
- Exchange
- NYQ
- Country
- Switzerland
- Employees
- 21,800