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Saturday 17 October 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. In the quarter to June 2026, revenue grew 11.4%, EPS grew 35.1% and free cash flow grew 116.3%, each against the same quarter a year earlier. Member of the S&P 500; dividend growth for ten consecutive years, revenue growth for three, operating cash flow growth for three.

285.30 0.08 +0.03%
Market cap
$55.0B
P/E
29.3×
Fwd P/E
25.0×
Dividend yield
2.10%
F-score
7/9
Altman Z
14.19
Beneish M
−2.24
Dividend safety
96/100
Overview Business Profile Financial Analysis Income Statement Balance Sheet Cash Flow Metrics & Ratios Filings 10-Q 10-K

Garmin Ltd. (GRMN) Current ratio

Alert me on Current ratio

Garmin Ltd.'s current ratio at the end of the quarter to 30 June 2026 was 3.0×, down 0.6× from fiscal 2025 (3.6×). Over the past ten years it has ranged from 2.6× (fiscal 2015) to 3.6× (fiscal 2025) — the current reading is the highest in ten years. That is above the Scientific & Technical Instruments industry median of 2.2× and above the Technology sector median of 1.8×.

Current ratio, annual

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Annual newest first

Period Current ratio Change
FY2025 3.6× 2.64%
FY2024 3.5× 3.90%
FY2023 3.4× 4.34%
FY2022 3.3× 10.92%
FY2021 2.9× (6.63%)
FY2020 3.2× 6.78%
FY2019 3.0× 2.03%
FY2018 2.9× (2.33%)
FY2017 3.0× 2.45%
FY2016 2.9× 13.24%

Quarterly newest first

Period Current ratio Change
Jun 2026 3.0× (30.55%)
Mar 2026 4.4× 20.05%
Dec 2025 3.6× 9.54%
Sep 2025 3.3× 10.10%
42 more quarters

Against its own ten years

Low 2.6× High 3.6×
Ten-year median 3.0×
Current reading's percentile 100

Current ratio against peers

Company Current ratio
CGNX Cognex Corporation compare 3.9×
GRMN Garmin Ltd. 3.0×
COHR Coherent Corp. compare 2.4×
TDY Teledyne Technologies Incorporated compare 2.2×
KEYS Keysight Technologies Inc. compare 2.0×
ESE ESCO Technologies Inc. compare 1.4×
FTV Fortive Corporation compare 1.2×
MKSI MKS Inc. compare 1.1×
TRMB Trimble Inc. compare 1.0×
Scientific & Technical Instruments industry median 2.2×
Technology sector median 1.8×
Market median 1.6×

What Current ratio is

Current Ratio shows whether a company’s short-term assets are enough to cover the bills and debts it must pay within the next year.

Current Assets (Total) ÷ Current Liabilities (Total)

The full definition of Current ratio →

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