GARMIN LTD
GRMNNYSE · SIC 3812
$249.56
↓ -0.6%Jul 17 close · end-of-day
Price
1Y↑ +14.9%
End-of-day closes; the latest point is the live 15-min-delayed price · split & dividend adjusted · chart by TradingView
Key statistics
Market Cap
$48.3B
Enterprise Value
$45.6B
P/E
27.9
P/S
6.5
P/B
5.2
EV/EBITDA
21.4
PEG
1.4
FCF Yield
3.0%
Dividend Yield
—
Revenue (TTM)
$7.5B
Net Income (TTM)
$1.7B
Free Cash Flow (TTM)
$1.5B
Gross Margin
59.1%
Operating Margin
26.5%
Net Margin
23.3%
ROE
18.7%
ROIC
24.9%
Debt / Equity
—
Net Cash
$2.7B
Return 1Y
+12.5%
Company profile
Garmin Ltd. designs, develops, manufactures, markets, and distributes a range of wireless devices. Its Fitness segment offers running and multi-sport watches; cycling products; activity tracking and smartwatch devices. The company's Outdoor segment offers adventure watches, outdoor handhelds, golf devices and mobile apps, and dog tracking and training devices.
- CEO
- Clifton A. Pemble
- Sector
- Manufacturing
- Industry
- Electronic Equipment
- Employees
- 19,700
- Website
- garmin.com
Management & directors
- Kao Min HExecutive Chairman
- Boessen Douglas G.CFO and Treasurer
- Minard Laurie AVP, Human Resources
- Link Edward J.VP, Information Technology
- Desbois Patrickco-COO
- Lyman SusanVP, Consumer Sales & Marketing
- Munn MatthewEVP, Man. Director - Auto OEM
- Pemble Clifton APresident and CEO
- Biddlecombe SeanManaging Director, EMEA
- Maxfield Joshua HVP, General Counsel
- Straub PhilipEVP, Man. Director - Aviation
- Trenkle Bradley Cco-COO
Roles derived from SEC Form 4 filings.
Earnings
Next earnings · estimated2026-07-29
GRMN Q1 2026 Earnings
Period ends 2026-03-28
MetricActualYoY
Revenue$1.8B↑ +14.2%
Diluted EPS$2.09↑ +21.5%
Actuals from SEC filings; YoY vs the year-ago quarter. Analyst estimates & surprise require a data feed (coming soon).
Financial statements
| Line item | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 |
|---|---|---|---|---|---|---|
| Revenue | $4.2B | $5.0B | $4.9B | $5.2B | $6.3B | $7.2B |
| Gross profit | $2.5B | $2.9B | $2.8B | $3.0B | $3.7B | $4.3B |
| Operating income | $1.1B | $1.2B | $1.0B | $1.1B | $1.6B | $1.9B |
| Net income | $992.3M | $1.1B | $973.6M | $1.3B | $1.4B | $1.7B |
| Diluted EPS | $5.17 | $5.61 | $5.04 | $6.71 | $7.30 | $8.59 |
| Operating cash flow | $1.1B | $1.0B | $788.3M | $1.4B | $1.4B | $1.6B |
| Free cash flow | $949.9M | $704.8M | $544.0M | $1.2B | $1.2B | $1.4B |
| Gross margin | 59.3% | 58.0% | 57.7% | 57.5% | 58.7% | 58.7% |
| Operating margin | 25.2% | 24.5% | 21.1% | 20.9% | 25.3% | 25.9% |
| Net margin | 23.7% | 21.7% | 20.0% | 24.7% | 22.4% | 23.0% |
| Line item | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $1.5B | $1.6B | $1.8B | $1.5B | $1.8B | $1.8B | $2.1B | $1.8B |
| Gross profit | $862.9M | $951.6M | $1.1B | $884.5M | $1.1B | $1.0B | $1.3B | $1.0B |
| Operating income | $342.0M | $437.5M | $516.1M | $332.8M | $472.3M | $456.8M | $614.2M | $431.7M |
| Net income | $300.6M | $399.1M | $435.7M | $332.8M | $400.8M | $401.6M | $528.7M | $405.1M |
| Diluted EPS | $1.56 | $2.07 | $2.24 | $1.72 | $2.07 | $2.08 | $2.72 | $2.09 |
| Operating cash flow | $255.3M | $258.0M | $483.9M | $420.8M | $173.2M | $485.6M | $553.8M | $536.0M |
| Free cash flow | $218.2M | $219.4M | $399.2M | $380.7M | $127.5M | $425.1M | $429.6M | $469.4M |
| Gross margin | 57.3% | 60.0% | 59.3% | 57.6% | 58.8% | 59.1% | 59.2% | 59.4% |
| Operating margin | 22.7% | 27.6% | 28.3% | 21.7% | 26.0% | 25.8% | 28.9% | 24.6% |
| Net margin | 20.0% | 25.2% | 23.9% | 21.7% | 22.1% | 22.7% | 24.9% | 23.1% |
Company news
Jul 16, 2026
Jul 8, 2026
- 11d agoGarmin (GRMN) Launches New Aviation And Marine Platforms, Is It Still Below Fair Value?finance.yahoo.com
- 11d agoGarmin (GRMN) Launches AXIS Flight Displays To Expand Its Avionics Reachfinance.yahoo.com
- 12d agoGarmin unveils AXIS, a new generation of highly integrated flight displaysfinance.yahoo.com
- 12d agoGarmin (GRMN) Stock Looks About Right At Current Levelsfinance.yahoo.com
- 12d agoHow New Marine and Aviation Updates At Garmin (GRMN) Have Changed Its Investment Storyfinance.yahoo.com
Analyst estimates
Coming soonConsensus revenue & EPS estimates and price targets will appear here once a forward-estimates data feed is connected.
Insider transactions
BoughtSoldMonthly insider $ volume · trailing 12 months
| Date | Insider | Type | Shares | Price | Value | Filing |
|---|---|---|---|---|---|---|
| 2026-06-11 | KAO MIN H· Executive Chairman | Gift | 3,385 | $0.00 | $0.00 | filing |
| 2026-06-11 | KAO MIN H· Executive Chairman | Gift | 4,235 | $0.00 | $0.00 | filing |
| 2026-06-11 | BURRELL JONATHAN | Gift | 322,000 | $0.00 | $0.00 | filing |
| 2026-06-09 | Hartnett Joseph J | Sale | 643 | $263.57 | $169,475.51 | filing |
| 2026-06-09 | Hartnett Joseph J | Sale | 643 | $236.09 | $151,805.87 | filing |
| 2026-06-06 | Ball Susan M. | Tax withholding | 215 | $236.57 | $50,862.55 | filing |
| 2026-06-06 | Hartnett Joseph J | Tax withholding | 215 | $236.57 | $50,862.55 | filing |
| 2026-06-06 | LEWIS CATHERINE A. | Tax withholding | 215 | $236.57 | $50,862.55 | filing |
| 2026-06-06 | BURRELL JONATHAN | Tax withholding | 215 | $236.57 | $50,862.55 | filing |
| 2026-06-05 | Boessen Douglas G.· CFO and Treasurer | Sale | 1,288 | $238.28 | $306,908.63 | filing |
| 2026-06-05 | Boessen Douglas G.· CFO and Treasurer | Sale | 355 | $237.31 | $84,243.38 | filing |
| 2026-06-05 | Boessen Douglas G.· CFO and Treasurer | Sale | 272 | $236.59 | $64,353.13 | filing |
| 2026-06-05 | Boessen Douglas G.· CFO and Treasurer | Sale | 85 | $238.91 | $20,306.98 | filing |
| 2026-06-05 | BURRELL JONATHAN | Award | 753 | $0.00 | $0.00 | filing |
| 2026-06-05 | Hartnett Joseph J | Award | 753 | $0.00 | $0.00 | filing |
| 2026-06-05 | LEWIS CATHERINE A. | Award | 753 | $0.00 | $0.00 | filing |
| 2026-06-05 | Ball Susan M. | Award | 753 | $0.00 | $0.00 | filing |
| 2026-05-27 | BURRELL JONATHAN | Gift | 8,800 | $0.00 | $0.00 | filing |
| 2026-05-26 | BURRELL JONATHAN | Gift | 15,600 | $0.00 | $0.00 | filing |
| 2026-05-22 | KAO MIN H· Executive Chairman | Gift | 4,166 | $0.00 | $0.00 | filing |
| 2026-05-22 | KAO MIN H· Executive Chairman | Gift | 4,345 | $0.00 | $0.00 | filing |
| 2026-05-22 | KAO MIN H· Executive Chairman | Gift | 2,083 | $0.00 | $0.00 | filing |
| 2026-05-18 | BURRELL JONATHAN | Gift | 182,000 | $0.00 | $0.00 | filing |
| 2026-05-15 | BURRELL JONATHAN | Gift | 88,000 | $0.00 | $0.00 | filing |
| 2026-05-08 | MINARD LAURIE A· VP, Human Resources | Sale | 984 | $241.98 | $238,106.25 | filing |
Showing the latest 25 transactions — full history in the linked SEC filings.
Fundamentals & filings from SEC EDGAR. Prices adjusted for splits & dividends. Not investment advice.