Garmin Ltd. GRMN

294.14 (0.90) (0.31%) as of 25 Sep
Market cap
$57.3B
P/E
30.2×
Indexes indicate stock being part of an index,
Growth Flags show if company had growth for consecutive years

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

Low 9.93% High 16.5%
Ten-year median 15.0%
Current reading's percentile 91

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)

The full definition of Return on assets →

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