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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) EV/EBITDA

Alert me on EV/EBITDA

As of 16 October 2026, Garmin Ltd. (GRMN) trades at a EV/EBITDA of 22.6×. Over the past ten years it has ranged from 7.6× (October 2015) to 25.1× (December 2024); the current reading is higher than 96% of that period. That is above the Scientific & Technical Instruments industry median of 17.9× and above the Technology sector median of 15.3×.

EV/EBITDA, daily

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Annual newest first

Period EV/EBITDA Change
FY2025 17.6× (15.97%)
FY2024 20.9× 19.38%
FY2023 17.5× 26.10%
FY2022 13.9× (21.52%)
FY2021 17.7× (0.50%)
FY2020 17.8× 9.31%
FY2019 16.3× 34.85%
FY2018 12.1× (8.23%)
FY2017 13.2× 15.77%
FY2016 11.4× 18.21%

Quarterly newest first

Period EV/EBITDA Change
Jun 2026 18.7× (3.73%)
Mar 2026 19.4× 10.26%
Dec 2025 17.6× (22.89%)
Sep 2025 22.8× 17.82%
42 more quarters

Against its own ten years

Low 7.6× High 25.1×
Ten-year median 15.3×
Current reading's percentile 96

EV/EBITDA against peers

Company EV/EBITDA
MKSI MKS Inc. compare 17.1×
FTV Fortive Corporation compare 17.5×
TRMB Trimble Inc. compare 17.9×
TDY Teledyne Technologies Incorporated compare 19.2×
ESE ESCO Technologies Inc. compare 20.9×
GRMN Garmin Ltd. 22.6×
COHR Coherent Corp. compare 30.8×
CGNX Cognex Corporation compare 32.4×
KEYS Keysight Technologies Inc. compare 32.8×
Scientific & Technical Instruments industry median 17.9×
Technology sector median 15.3×
Market median 11.0×

What EV/EBITDA is

Enterprise Value over EBITDA tells an investor how the market values a whole company, with debt added and cash taken off, against its operating earnings.

((Stock Price × Shares (Basic, Weighted) (latest quarter)) + (Long Term Debt (Total) (latest quarter) + Current Part of Debt (latest quarter)) − Cash & Short Term Investments (latest quarter)) ÷ EBITDA (TTM)

The full definition of EV/EBITDA →

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