Garmin Ltd. GRMN
- Market cap
- $57.3B
- P/E
- 30.2×
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Garmin Ltd. (GRMN) Return on assets
Garmin Ltd.'s return on assets over the twelve months to 30 June 2026 was 17.3%, up 1.1 percentage points from fiscal 2025 (16.1%). Over the past ten years it has ranged from 9.93% (fiscal 2015) to 16.5% (fiscal 2019); the current reading is higher than 91% of that period. That is above the Scientific & Technical Instruments industry median of 0.99% and above the Technology sector median of 0.00%.
Return on assets, annual
Annual
| Period | Return on assets | Change (points) |
|---|---|---|
| FY2025 | 16.1% | 0.66 |
| FY2024 | 15.5% | (0.31) |
| FY2023 | 15.8% | 3.30 |
| FY2022 | 12.5% | (2.05) |
| FY2021 | 14.5% | (0.50) |
| FY2020 | 15.0% | (1.45) |
| FY2019 | 16.5% | 3.05 |
| FY2018 | 13.4% | (1.53) |
| FY2017 | 15.0% | 3.50 |
| FY2016 | 11.5% | 1.54 |
Against its own ten years
Return on assets against peers
| Company | Return on assets |
|---|---|
| GRMN Garmin Ltd. | 17.3% |
| ESE ESCO Technologies Inc. compare | 12.7% |
| KEYS Keysight Technologies Inc. compare | 11.2% |
| CGNX Cognex Corporation compare | 8.36% |
| TDY Teledyne Technologies Incorporated compare | 6.41% |
| MKSI MKS Inc. compare | 4.95% |
| COHR Coherent Corp. compare | 4.64% |
| FTV Fortive Corporation compare | 3.58% |
| TRMB Trimble Inc. compare | −1.19% |
| Scientific & Technical Instruments industry median | 0.99% |
| Technology sector median | 0.00% |
| Market median | 0.00% |
What Return on assets is
ROA tells an investor how much profit a company earns for shareholders from the assets it uses to run its business.
Annual: Net Income Allotted to Shareholders ÷ Average Assets; TTM: Net Income Allotted to Shareholders ÷ Average Assets (latest quarter)
More on GRMN
- Revenue
- Net income
- EBITDA
- Free cash flow
- Operating cash flow
- Gross margin
- Operating margin
- Net margin
- Free cash flow margin
- P/E ratio
- P/S ratio
- P/B ratio
- Price to free cash flow
- EV/EBITDA
- EV/Sales
- Return on equity
- Return on invested capital
- Debt to equity
- Current ratio
- Total debt
- Shares outstanding
- Book value per share
- Revenue growth
- The full statement