Powerpack

Unlock full stockrow access for only $9.90/month and boost yourself as an investor.

  • Full quarterly history

    Every quarter and TTM period we hold, not just the last 12.

  • Analyst estimates

    Three years of forward estimates and dividend forecasts.

  • Unlimited screener

    All results, unlimited saved screens, email when a screen changes.

  • Unlimited Excel

    Full workbooks and screener exports.

  • Unlimited follows

See Powerpack
Screener Weekly Summary Pricing

Garmin Ltd. GRMN

Technology  —  Scientific & Technical Instruments
294.14 (0.90) (0.31%) as of 25 Sep
Market cap
$57.3B
P/E
30.2×
S&P 500 Member Dividend Champion (10y) Cash Flow Champion (3y) Revenue Champion (3y)
Indexes indicate stock being part of an index,
Growth Flags show if company had growth for consecutive years
Overview Business Profile Financial Analysis Income Statement Balance Sheet Cash Flow Metrics & Ratios 10-Q 10-K

Garmin Ltd. (GRMN) Return on invested capital

Garmin Ltd.'s return on invested capital over the twelve months to 30 June 2026 was 20.8%, up 2.0 percentage points from fiscal 2025 (18.8%). Over the past ten years it has ranged from 13.5% (fiscal 2022) to 18.8% (fiscal 2025) — the current reading is the highest in ten years. That is above the Scientific & Technical Instruments industry median of 3.88% and above the Technology sector median of 0.00%.

Return on invested capital, annual

Annual

Period Return on invested capital Change (points)
FY2025 18.8% 0.18
FY2024 18.6% 5.10
FY2023 13.5% 0.01
FY2022 13.5% (4.32)
FY2021 17.8% (0.11)
FY2020 18.0% 0.51
FY2019 17.4% (0.07)
FY2018 17.5% 2.25
FY2017 15.3% (1.91)
FY2016 17.2% 2.22

Against its own ten years

Low 13.5% High 18.8%
Ten-year median 17.4%
Current reading's percentile 100

Return on invested capital against peers

Company Return on invested capital
GRMN Garmin Ltd. 20.8%
KEYS Keysight Technologies Inc. compare 12.9%
CGNX Cognex Corporation compare 12.2%
ESE ESCO Technologies Inc. compare 7.76%
MKSI MKS Inc. compare 6.74%
TRMB Trimble Inc. compare 6.32%
TDY Teledyne Technologies Incorporated compare 6.15%
FTV Fortive Corporation compare 5.34%
COHR Coherent Corp. compare 4.21%
Scientific & Technical Instruments industry median 3.88%
Technology sector median 0.00%
Market median 0.00%

What Return on invested capital is

Return on Invested Capital shows how much after-tax operating profit a company earns on the money its lenders and shareholders have put in.

TTM: (Operating Income × 0.625) ÷ (Shareholders Equity (Total) (latest quarter) + Long Term Debt (Total) (latest quarter) + Current Part of Debt (latest quarter) − Cash & Short Term Investments (latest quarter)); Annual: (Operating Income × 0.625) ÷ (Shareholders Equity (Total) + Long Term Debt (Total) + Current Part of Debt − Cash & Short Term Investments)

The full definition of Return on invested capital →

More on GRMN