Garmin Ltd. GRMN
294.14
(0.90)
(0.31%)
as of 25 Sep
- Market cap
- $57.3B
- P/E
- 30.2×
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Garmin Ltd. (GRMN) Return on equity
Garmin Ltd.'s return on equity over the twelve months to 30 June 2026 was 21.9%, up 2.1 percentage points from fiscal 2025 (19.8%). Over the past ten years it has ranged from 13.5% (fiscal 2015) to 21.3% (fiscal 2019); the current reading is higher than 91% of that period. That is above the Scientific & Technical Instruments industry median of 2.87% and above the Technology sector median of 0.27%.
Return on equity, annual
Annual
| Period | Return on equity | Change (points) |
|---|---|---|
| FY2025 | 19.8% | 0.78 |
| FY2024 | 19.0% | (0.52) |
| FY2023 | 19.5% | 3.71 |
| FY2022 | 15.8% | (2.80) |
| FY2021 | 18.6% | (0.64) |
| FY2020 | 19.3% | (2.02) |
| FY2019 | 21.3% | 3.95 |
| FY2018 | 17.3% | (2.18) |
| FY2017 | 19.5% | 4.19 |
| FY2016 | 15.3% | 1.79 |
Against its own ten years
Low 13.5%
High 21.3%
Ten-year median
19.0%
Current reading's percentile
91
Return on equity against peers
| Company | Return on equity |
|---|---|
| GRMN Garmin Ltd. | 21.9% |
| ESE ESCO Technologies Inc. compare | 21.4% |
| KEYS Keysight Technologies Inc. compare | 20.6% |
| MKSI MKS Inc. compare | 15.9% |
| CGNX Cognex Corporation compare | 11.2% |
| TDY Teledyne Technologies Incorporated compare | 9.16% |
| COHR Coherent Corp. compare | 8.93% |
| FTV Fortive Corporation compare | 6.49% |
| TRMB Trimble Inc. compare | −1.94% |
| Scientific & Technical Instruments industry median | 2.87% |
| Technology sector median | 0.27% |
| Market median | 1.76% |
What Return on equity is
ROE shows how much profit a company earns for its shareholders on the equity they have in the business.
Annual: Net Income Allotted to Shareholders ÷ Average Common Equity; TTM: Net Income Allotted to Shareholders ÷ Average Common Equity (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 assets
- Return on invested capital
- Debt to equity
- Current ratio
- Total debt
- Shares outstanding
- Book value per share
- Revenue growth
- The full statement