Saturday 7 November 2026 Export GRMN’s income statement to Excel — free account

Garmin Ltd.

GRMN Technology Scientific & Technical Instruments

Garmin Ltd.’s revenue for fiscal 2025 (year ended December 2025) was $7.2 billion, up 15.1% from fiscal 2024.

Revenue: +12.2%
EPS: +34.4%
Free cash flow: −31.0%

Quarter to September 2026, against a year earlier

285.57 0.83 −0.29%

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Market cap: $55.2B
P/E: 27.2×
Fwd P/E: 26.5×
Dividend yield: 1.37%
F-score: 7/9
Altman Z: 14.19
Beneish M: −2.24
Dividend safety: 96/100

Overview Business Profile Earnings & Analysis Segments Valuation Filings

	Older periods	Dec '25	Mar '26	Jun '26	Sep '26
P/E ratio Full definition →	+8 more quarters Free account	23.45	25.72	24.36	27.40
P/S ratio Full definition →		5.39	5.99	5.97	7.01
P/FCF ratio Full definition →		28.73	30.88	28.70	37.78
P/Operating CF Full definition →		70.50	83.40	113.51	140.44
P/B ratio Full definition →		4.35	4.82	5.07	5.79
Price to Tangible BV Full definition →		4.87	5.36	5.65	6.66
EV/Sales Full definition →		5.01	5.63	5.62	6.72
EV/EBITDA Full definition →		17.58	19.39	18.66	21.46
EV/Operating CF Full definition →		22.23	24.02	21.80	28.07
EV/FCF Full definition →		26.71	29.01	27.03	36.18
Quick Ratio Full definition →		2.32	2.65	1.83	1.63
Current Ratio Full definition →		3.63	4.36	3.03	3.05
Net Debt/EBITDA Full definition →		(4.15)	(5.62)	(4.01)	(3.53)
Debt/Assets Full definition →		0.00%	0.00%	0.00%	0.00%
Debt/Equity Full definition →		0.00	0.00	0.00	0.00
Asset Turnover Full definition →		0.70	0.72	0.71	0.70
Operating CF/Net income Full definition →		1.05	1.32	0.74	0.73
Capex/Depreciation Full definition →		(2.68)	(1.36)	(2.62)	(1.96)
Research and Development Expense of Revenue Full definition →		13.88%	16.87%	15.03%	15.76%
Selling, General and Administrative Expense of Revenue Full definition →		16.43%	17.95%	16.94%	16.78%
Intangible Assets out of Total Assets Full definition →		0.09	0.09	0.08	0.10
Share Based Compensation of Revenue Full definition →		1.93%	2.47%	2.25%	2.25%
Graham Net Nets Full definition →		0.11	0.10	0.09	0.07
Graham Number Full definition →		95.25	98.82	101.35	108.00
Earnings Yield Full definition →		4.26%	3.89%	4.10%	3.65%
Free Cash Flow Yield Full definition →		3.48%	3.24%	3.48%	2.65%
Revenue per Share Full definition →		11.04	9.10	10.49	10.30
Operating CF per Share Full definition →		2.88	2.78	2.09	2.04
Capex per Share Full definition →		(0.65)	(0.35)	(0.66)	(0.52)
Free Cash Flow per Share Full definition →		2.23	2.44	1.43	1.52
Cash per Share Full definition →		14.23	14.02	13.83	12.13
Shareholders Equity per Share Full definition →		46.62	48.12	46.82	49.52
Interest Debt per Share Full definition →		0.00	0.00	0.00	0.00
Book value per Share Full definition →		46.62	48.12	46.82	49.52
Free Cash Flow Full definition →		429.61	469.37	275.78	293.27
Working Capital Full definition →		4,528.15	4,621.92	4,225.44	4,355.27
Capital Expenditures Full definition →		(124.17)	(66.62)	(127.78)	(100.59)
Net Current Asset Value Full definition →		4,227.11	4,315.76	3,913.73	4,039.26
EV/EBIT Full definition →		19.35	21.27	20.37	23.31
Capex to Sales Full definition →		0.06	0.04	0.06	0.05
Price to Operating Income Full definition →		20.81	22.64	21.63	24.34
Other line items
Average Receivables Full definition →		1,118.21	864.05	1,081.90	1,046.39
Average Payables Full definition →		353.43	344.76	399.31	439.35
Average Inventory Full definition →		1,623.12	1,716.12	1,877.04	2,069.84
Average Assets Full definition →		10,312.10	10,370.03	10,873.99	11,258.33
Average Common Equity Full definition →		8,410.48	8,725.25	8,577.06	9,013.88

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Columns are period end dates · fundamentals updated 2 Nov 2026

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