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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%
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
Financials
Income Statement Balance Sheet Cash Flow Metrics & Ratios
Segments Valuation Filings

Garmin Ltd. (GRMN) EV/Sales

Alert me on EV/Sales

As of 6 November 2026, Garmin Ltd. (GRMN) trades at a EV/Sales of 6.7×. Over the past ten years it has ranged from 1.8× (October 2015) to 7.5× (August 2026); the current reading is higher than 98% of that period. That is above the Scientific & Technical Instruments industry median of 4.6× and above the Technology sector median of 2.6×.

EV/Sales, daily

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Annual newest first

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 newest first

Period EV/Sales Change
Sep 2026 6.7× 19.44%
Jun 2026 5.6× (0.07%)
Mar 2026 5.6× 12.31%
Dec 2025 5.0× (22.43%)
43 more quarters

Against its own ten years

Low 1.8× High 7.5×
Ten-year median 3.9×
Current reading's percentile 98

EV/Sales against peers

Company EV/Sales
MKSI MKS Inc. compare 3.4×
TRMB Trimble Inc. compare 3.6×
TDY Teledyne Technologies Incorporated compare 4.6×
ESE ESCO Technologies Inc. compare 4.6×
COHR Coherent Corp. compare 5.1×
FTV Fortive Corporation compare 5.4×
CGNX Cognex Corporation compare 6.5×
GRMN Garmin Ltd. 6.7×
KEYS Keysight Technologies Inc. compare 7.0×
Scientific & Technical Instruments industry median 4.6×
Technology sector median 2.6×
Market median 2.1×

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)

The full definition of EV/Sales →

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