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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/S ratio

Alert me on P/S ratio

As of 16 October 2026, Garmin Ltd. (GRMN) trades at a P/S ratio of 7.2×. Over the past ten years it has ranged from 2.2× (October 2015) to 7.9× (August 2026); the current reading is higher than 99% of that period. That is above the Scientific & Technical Instruments industry median of 4.5× and above the Technology sector median of 2.7×.

P/S ratio, daily

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Annual newest first

Period P/S ratio Change
FY2025 5.4× (14.35%)
FY2024 6.3× 35.79%
FY2023 4.6× 24.99%
FY2022 3.7× (29.42%)
FY2021 5.3× (3.84%)
FY2020 5.5× 10.75%
FY2019 4.9× 38.20%
FY2018 3.6× (0.40%)
FY2017 3.6× 17.49%
FY2016 3.0× 21.37%

Quarterly newest first

Period P/S ratio Change
Jun 2026 6.0× (0.30%)
Mar 2026 6.0× 11.15%
Dec 2025 5.4× (21.05%)
Sep 2025 6.8× 14.79%
42 more quarters

Against its own ten years

Low 2.2× High 7.9×
Ten-year median 4.2×
Current reading's percentile 99

P/S ratio against peers

Company P/S ratio
MKSI MKS Inc. compare 3.3×
TRMB Trimble Inc. compare 3.7×
FTV Fortive Corporation compare 4.1×
TDY Teledyne Technologies Incorporated compare 4.5×
ESE ESCO Technologies Inc. compare 5.0×
COHR Coherent Corp. compare 5.8×
GRMN Garmin Ltd. 7.2×
CGNX Cognex Corporation compare 8.3×
KEYS Keysight Technologies Inc. compare 8.6×
Scientific & Technical Instruments industry median 4.5×
Technology sector median 2.7×
Market median 1.9×

What P/S ratio is

Price to Sales Ratio shows how much investors pay for each dollar of a company’s annual sales, whether or not it is profitable.

(Stock Price × Shares (Basic, Weighted) (latest quarter)) ÷ Revenue (TTM)

The full definition of P/S ratio →

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