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%

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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

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Garmin Ltd. (GRMN) P/E ratio

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As of 6 November 2026, Garmin Ltd. (GRMN) trades at a P/E ratio of 27.2×. Over the past ten years it has ranged from 11.5× (October 2015) to 32.9× (July 2015); the current reading is higher than 87% of that period. That is in line with the Scientific & Technical Instruments industry median of 28.2× and above the Technology sector median of 25.6×.

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<iframe src="https://stockrow.com/embed/GRMN/pe-ratio" width="100%" height="360" style="border:0" loading="lazy" title="Garmin Ltd. P/E ratio, 10 years"></iframe>
<p style="font-size:12px">Source: <a href="https://stockrow.com/GRMN/metrics/pe-ratio">Garmin Ltd. (GRMN) P/E ratio — stockrow.com</a></p>

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%

Period	P/E ratio	Change
Sep 2026	27.4×	12.46%
Jun 2026	24.4×	(5.28%)
Mar 2026	25.7×	9.68%
Dec 2025	23.5×	(22.19%)
43 more quarters	Free account

Against its own ten years

Low 11.5× High 32.9×

Ten-year median 20.6×

Current reading's percentile 90

Company	P/E ratio
TRMB Trimble Inc. compare	n/m
ESE ESCO Technologies Inc. compare	19.0×
MKSI MKS Inc. compare	21.5×
GRMN Garmin Ltd.	27.2×
TDY Teledyne Technologies Incorporated compare	28.2×
FTV Fortive Corporation compare	30.7×
CGNX Cognex Corporation compare	32.8×
KEYS Keysight Technologies Inc. compare	36.9×
COHR Coherent Corp. compare	38.3×
Scientific & Technical Instruments industry median	28.2×
Technology sector median	25.6×
Market median	17.8×

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)

The full definition of P/E ratio →

Garmin Ltd. (GRMN) P/E ratio

P/E ratio, daily

Annual newest first

Quarterly newest first

Against its own ten years

P/E ratio against peers

What P/E ratio is

More on GRMN

P/E ratio, daily

Annual newest first

Quarterly newest first

Against its own ten years

P/E ratio against peers

What P/E ratio is

More on GRMN

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