Pricing Log in Create free account
Saturday 17 October 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. In the quarter to June 2026, revenue grew 11.4%, EPS grew 35.1% and free cash flow grew 116.3%, each against the same quarter a year earlier. Member of the S&P 500; dividend growth for ten consecutive years, revenue growth for three, operating cash flow growth for three.

285.30 0.08 +0.03%
Market cap
$55.0B
P/E
29.3×
Fwd P/E
25.0×
Dividend yield
2.10%
F-score
7/9
Altman Z
14.19
Beneish M
−2.24
Dividend safety
96/100
Overview Business Profile Financial Analysis Income Statement Balance Sheet Cash Flow Metrics & Ratios Filings 10-Q 10-K

Garmin Ltd. (GRMN) P/E ratio

Alert me on P/E ratio

As of 16 October 2026, Garmin Ltd. (GRMN) trades at a P/E ratio of 29.3×. Over the past ten years it has ranged from 11.5× (October 2015) to 32.9× (July 2015); the current reading is higher than 96% of that period. That is below the Scientific & Technical Instruments industry median of 33.2× and in line with the Technology sector median of 28.2×.

P/E ratio, daily

Embed this chart

Annual newest first

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 newest first

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

Against its own ten years

Low 11.5× High 32.9×
Ten-year median 20.6×
Current reading's percentile 96

P/E ratio against peers

Company P/E ratio
TRMB Trimble Inc. compare n/m
ESE ESCO Technologies Inc. compare 20.5×
GRMN Garmin Ltd. 29.3×
TDY Teledyne Technologies Incorporated compare 29.9×
MKSI MKS Inc. compare 32.9×
FTV Fortive Corporation compare 33.6×
KEYS Keysight Technologies Inc. compare 45.1×
CGNX Cognex Corporation compare 51.5×
COHR Coherent Corp. compare 53.5×
Scientific & Technical Instruments industry median 33.2×
Technology sector median 28.2×
Market median 18.1×

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 →

More on GRMN