Garmin Ltd. GRMN
294.14
(0.90)
(0.31%)
as of 25 Sep
- Market cap
- $57.3B
- P/E
- 30.2×
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Garmin Ltd. (GRMN) P/E ratio
As of 25 September 2026, Garmin Ltd. (GRMN) trades at a P/E ratio of 30.2×. Over the past ten years it has ranged from 11.5× (October 2015) to 32.9× (July 2015); the current reading is higher than 98% of that period. That is below the Scientific & Technical Instruments industry median of 35.9× and in line with the Technology sector median of 29.7×.
P/E ratio, daily
Annual
| Period | P/E ratio | Change |
|---|---|---|
| FY2025 | 23.5× | (16.32%) |
| FY2024 | 28.0× | 49.25% |
| FY2023 | 18.8× | 1.54% |
| FY2022 | 18.5× | (23.41%) |
| FY2021 | 24.1× | 4.52% |
| FY2020 | 23.1× | 18.86% |
| FY2019 | 19.4× | 13.25% |
| FY2018 | 17.2× | 6.64% |
| FY2017 | 16.1× | (11.67%) |
| FY2016 | 18.2× | 17.63% |
Quarterly
| Period | P/E ratio | Change |
|---|---|---|
| Jun 2026 | 24.4× | (5.28%) |
| Mar 2026 | 25.7× | 9.68% |
| Dec 2025 | 23.5× | (22.19%) |
| Sep 2025 | 30.1× | 17.82% |
| 42 more quarters | Free account |
Against its own ten years
Low 11.5×
High 32.9×
Ten-year median
20.5×
Current reading's percentile
98
P/E ratio against peers
| Company | P/E ratio |
|---|---|
| TRMB Trimble Inc. compare | n/m |
| ESE ESCO Technologies Inc. compare | 22.1× |
| TDY Teledyne Technologies Incorporated compare | 29.7× |
| GRMN Garmin Ltd. | 30.2× |
| FTV Fortive Corporation compare | 32.6× |
| MKSI MKS Inc. compare | 39.9× |
| KEYS Keysight Technologies Inc. compare | 49.3× |
| CGNX Cognex Corporation compare | 55.9× |
| COHR Coherent Corp. compare | 68.0× |
| Scientific & Technical Instruments industry median | 35.9× |
| Technology sector median | 29.7× |
| Market median | 17.9× |
What P/E ratio is
Price to Earnings Ratio shows how much investors pay for each dollar of a company’s annual profit per share.
Stock Price ÷ EPS (Basic) (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/S ratio
- P/B ratio
- Price to free cash flow
- EV/EBITDA
- EV/Sales
- 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