Garmin Ltd. GRMN
- Market cap
- $57.3B
- P/E
- 30.2×
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Garmin Ltd. (GRMN) EV/Sales
As of 25 September 2026, Garmin Ltd. (GRMN) trades at a EV/Sales of 7.0×. Over the past ten years it has ranged from 1.8× (October 2015) to 7.5× (August 2026); the current reading is higher than 99% of that period. That is above the Scientific & Technical Instruments industry median of 5.0× and above the Technology sector median of 2.9×.
EV/Sales, daily
Annual
| Period | EV/Sales | Change |
|---|---|---|
| FY2025 | 5.0× | (14.99%) |
| FY2024 | 5.9× | 38.46% |
| FY2023 | 4.3× | 24.90% |
| FY2022 | 3.4× | (30.18%) |
| FY2021 | 4.9× | (2.77%) |
| FY2020 | 5.0× | 10.16% |
| FY2019 | 4.6× | 44.48% |
| FY2018 | 3.2× | (2.79%) |
| FY2017 | 3.2× | 20.92% |
| FY2016 | 2.7× | 25.36% |
Quarterly
| Period | EV/Sales | Change |
|---|---|---|
| Jun 2026 | 5.6× | (0.07%) |
| Mar 2026 | 5.6× | 12.31% |
| Dec 2025 | 5.0× | (22.43%) |
| Sep 2025 | 6.5× | 16.12% |
| 42 more quarters | Free account |
Against its own ten years
EV/Sales against peers
| Company | EV/Sales |
|---|---|
| TRMB Trimble Inc. compare | 3.9× |
| TDY Teledyne Technologies Incorporated compare | 4.7× |
| MKSI MKS Inc. compare | 4.8× |
| FTV Fortive Corporation compare | 4.9× |
| ESE ESCO Technologies Inc. compare | 5.4× |
| GRMN Garmin Ltd. | 7.0× |
| COHR Coherent Corp. compare | 7.5× |
| CGNX Cognex Corporation compare | 8.6× |
| KEYS Keysight Technologies Inc. compare | 9.4× |
| Scientific & Technical Instruments industry median | 5.0× |
| Technology sector median | 2.9× |
| Market median | 2.2× |
What EV/Sales is
EV/Sales tells an investor how the value of a whole company, counting its debt and cash, compares with the sales it brings in.
((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)) ÷ Revenue (TTM)
More on GRMN
- Revenue
- Net income
- EBITDA
- Free cash flow
- Operating cash flow
- Gross margin
- Operating margin
- Net margin
- Free cash flow margin
- P/E ratio
- P/S ratio
- P/B ratio
- Price to free cash flow
- EV/EBITDA
- Return on equity
- Return on assets
- Return on invested capital
- Debt to equity
- Current ratio
- Total debt
- Shares outstanding
- Book value per share
- Revenue growth
- The full statement