Garmin Ltd. GRMN

294.14 (0.90) (0.31%) as of 25 Sep
Market cap
$57.3B
P/E
30.2×
Indexes indicate stock being part of an index,
Growth Flags show if company had growth for consecutive years

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

Against its own ten years

Low 1.8× High 7.5×
Ten-year median 3.9×
Current reading's percentile 99

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)

The full definition of EV/Sales →

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