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GRMN US​
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Garmin Ltd(GRMN US)

$285.86-0.320.11%(Market Open · 16:06:50 UTC)
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  • Home
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GRMN US​
HomeStock ScreenerDocument SearchChartingWatchlistsRecent Filings

Garmin Ltd(GRMN US)

$285.86-0.320.11%(Market Open · 16:06:50 UTC)
Ask AI
Doc SearchProfileEntity StructureFinancialsChartingShort InterestEmployees

Overview

ProfileEntity Structure

Documents

SEC Filings

Financials & Metrics

FinancialsChartingShort InterestEmployees

Financials & Metrics

FinancialsChartingShort InterestEmployees

Garmin Ltd — Company Profile

Garmin Ltd. specializes in the design, development, manufacturing, marketing, and global distribution of diverse wireless products and solutions. Its operations span across North and South America, the Asia Pacific region, the Australian Continent, Europe, the Middle East, and Africa. The company's offerings are organized into several key segments: Fitness: This division caters to athletes and active individuals with products like specialized running and multi-sport watches, cycling computers, activity trackers, smartwatches, and various fitness-related accessories. Additionally, it supports these offerings with its Garmin Connect web and mobile platforms, alongside Connect IQ, an ecosystem for app development. Outdoor: Garmin's Outdoor category features rugged adventure watches, portable GPS devices, golf-specific instruments and accompanying mobile applications, plus specialized dog tracking and training systems. Aviation: The Aviation sector delivers comprehensive avionics solutions for aircraft, encompassing integrated cockpit systems, advanced flight displays and instrumentation, navigation and communication tools, automated flight controls, safety enhancements, audio management, engine monitoring, traffic and weather avoidance systems, ADS-B transponders, data connectivity, portable GPS navigators, wearable aviation devices, and related support services. Marine: For the Marine market, Garmin provides a suite of solutions including chartplotters, multi-function displays, marine cartography, fish finders, sonar technology, autopilots, radar systems, compliant instrumentation and sensors, VHF radios, handheld and wearable marine devices, sailing-specific products, onboard entertainment, digital switching, and electric trolling motors. Auto: The Automotive segment focuses on in-vehicle computing and infotainment systems, personal navigation units, and various camera solutions. Garmin's products are distributed through a diverse network including independent and online retailers, authorized dealers, distributors, service and installation centers, original equipment manufacturers (OEMs), and directly via its official e-commerce platform, garmin.com. Established in 1989, Garmin Ltd. maintains its corporate headquarters in Schaffhausen, Switzerland.

Sector
Industrials
Industry
Commercial Services & Supplies
Exchange
UN
CEO
Clifton Albert Pemble
Headquarters
Schaffhausen, V8, CH
IPO Date
Dec 8, 2000
Employees
23,000
Website
www.garmin.com

Key Metrics

Price
$281.95
Market Cap
$54.37B

Garmin Ltd — Company Profile

Garmin Ltd. specializes in the design, development, manufacturing, marketing, and global distribution of diverse wireless products and solutions. Its operations span across North and South America, the Asia Pacific region, the Australian Continent, Europe, the Middle East, and Africa. The company's offerings are organized into several key segments: Fitness: This division caters to athletes and active individuals with products like specialized running and multi-sport watches, cycling computers, activity trackers, smartwatches, and various fitness-related accessories. Additionally, it supports these offerings with its Garmin Connect web and mobile platforms, alongside Connect IQ, an ecosystem for app development. Outdoor: Garmin's Outdoor category features rugged adventure watches, portable GPS devices, golf-specific instruments and accompanying mobile applications, plus specialized dog tracking and training systems. Aviation: The Aviation sector delivers comprehensive avionics solutions for aircraft, encompassing integrated cockpit systems, advanced flight displays and instrumentation, navigation and communication tools, automated flight controls, safety enhancements, audio management, engine monitoring, traffic and weather avoidance systems, ADS-B transponders, data connectivity, portable GPS navigators, wearable aviation devices, and related support services. Marine: For the Marine market, Garmin provides a suite of solutions including chartplotters, multi-function displays, marine cartography, fish finders, sonar technology, autopilots, radar systems, compliant instrumentation and sensors, VHF radios, handheld and wearable marine devices, sailing-specific products, onboard entertainment, digital switching, and electric trolling motors. Auto: The Automotive segment focuses on in-vehicle computing and infotainment systems, personal navigation units, and various camera solutions. Garmin's products are distributed through a diverse network including independent and online retailers, authorized dealers, distributors, service and installation centers, original equipment manufacturers (OEMs), and directly via its official e-commerce platform, garmin.com. Established in 1989, Garmin Ltd. maintains its corporate headquarters in Schaffhausen, Switzerland.

Sector
Industrials
Industry
Commercial Services & Supplies
Exchange
UN
CEO
Clifton Albert Pemble
Headquarters
Schaffhausen, V8, CH
IPO Date
Dec 8, 2000
Employees
23,000
Website
www.garmin.com

Key Metrics

Price
$281.95
Market Cap
$54.37B
Revenue (TTM)
$1.75B
Net Income (TTM)
$405.08M
EPS (TTM)
2.10
P/E (TTM)
31.32
P/B (TTM)
5.87
Dividend Yield
1.68%
ROE (TTM)
4.37%
ROA (TTM)
3.70%
Operating Margin
24.62%
Beta
1.19

Dividends

Last Dividend
$1.05
Last Yield
0.02%
Last Date
Sep 11, 2026

Summary

Garmin Ltd. specializes in the design, development, manufacturing, marketing, and global distribution of diverse wireless products and solutions. Its operations span across North and South America, the Asia Pacific region, the Australian Continent, Europe, the Middle East, and Africa. The company's offerings are organized into several key segments: Fitness: This division caters to athletes and active individuals with products like specialized running and multi-sport watches, cycling computers, activity trackers, smartwatches, and various fitness-related accessories. Additionally, it supports these offerings with its Garmin Connect web and mobile platforms, alongside Connect IQ, an ecosystem for app development. Outdoor: Garmin's Outdoor category features rugged adventure watches, portable GPS devices, golf-specific instruments and accompanying mobile applications, plus specialized dog tracking and training systems. Aviation: The Aviation sector delivers comprehensive avionics solutions for aircraft, encompassing integrated cockpit systems, advanced flight displays and instrumentation, navigation and communication tools, automated flight controls, safety enhancements, audio management, engine monitoring, traffic and weather avoidance systems, ADS-B transponders, data connectivity, portable GPS navigators, wearable aviation devices, and related support services. Marine: For the Marine market, Garmin provides a suite of solutions including chartplotters, multi-function displays, marine cartography, fish finders, sonar technology, autopilots, radar systems, compliant instrumentation and sensors, VHF radios, handheld and wearable marine devices, sailing-specific products, onboard entertainment, digital switching, and electric trolling motors. Auto: The Automotive segment focuses on in-vehicle computing and infotainment systems, personal navigation units, and various camera solutions. Garmin's products are distributed through a diverse network including independent and online retailers, authorized dealers, distributors, service and installation centers, original equipment manufacturers (OEMs), and directly via its official e-commerce platform, garmin.com. Established in 1989, Garmin Ltd. maintains its corporate headquarters in Schaffhausen, Switzerland.

Website
www.garmin.com
Location
Schaffhausen, V8, CH
Phone41 52 630 1600
Employees23,000
CEOClifton Albert Pemble
Sector
Industrials
Industry
Commercial Services & Supplies
IPO DateDec 8, 2000

Ask AI

Company overview
Business model, segments, and competition.
Peer comparison
Metrics vs closest competitors.
Guidance & outlook
Forward guidance and assumptions.
Bull vs bear case
Upside drivers and key risks.
Valuation snapshot
Multiples vs history and peers.
Competitive moat
Defensibility and market position.
Management track record
Leadership and capital allocation history.
How it makes money
A short diagram of the business model.

Latest Documents

SEC Filings(2K)

Expand
  • Form 4KAO MIN H12 Nov
  • Form 4BURRELL JONATHAN10 Nov
  • Form 4MAXFIELD JOSHUA H6 Nov
  • Form 4TRENKLE BRADLEY C3 Nov
  • 10-QQ3ended 26 Sept 202628 Oct
  • 8-KResults of Operations and Financial Condition28 Oct
  • SC 13G/AGARMIN LTD13 Oct
  • Form 4Wang Cheng-Wei20 Aug
  • Form 4BURRELL JONATHAN19 Aug
  • Form 144Wang Cheng-Wei18 Aug
  • Form 4BURRELL JONATHAN11 Aug
  • Form 4BURRELL JONATHAN5 Aug
  • Form 4Straub Philip4 Aug
  • Form 4KAO MIN H4 Aug
  • Form 4Biddlecombe Sean31 Jul
  • Form 4MAXFIELD JOSHUA H31 Jul
  • Form 4PEMBLE CLIFTON A31 Jul
  • Form 144Biddlecombe Sean31 Jul
  • Form 144MAXFIELD JOSHUA H31 Jul
  • Form 144PEMBLE CLIFTON A29 Jul

News

  • Garmin: Margin Warnings Should Deflate Its Premium Valuation12 Nov
  • Garmin and Waze team up to amplify the power of community-driven awareness for cyclists and drivers10 Nov
  • Can Garmin (GRMN) Run Higher on Rising Earnings Estimates?6 Nov
  • DKILY vs. GRMN: Which Stock Is the Better Value Option?6 Nov
  • Bristol Gate U.S. Equity Q3 2026 Portfolio Review5 Nov
  • Garmin introduces Descent X10, the essential dive computer for underwater adventures3 Nov
  • Deciphering Garmin (GRMN) International Revenue Trends2 Nov
  • These 2 Computer and Technology Stocks Could Beat Earnings: Why They Should Be on Your Radar2 Nov
  • Garmin Q3 Earnings Call Highlights Growth and Cost Pressures29 Oct
  • Garmin celebrates global digital health innovation at 2026 Garmin Health Summit in Asia29 Oct
  • Garmin Q3 Earnings: 3 Key Takeaways for Long-Term Investors28 Oct
  • Why Garmin Stock Dropped After Record Results28 Oct
  • Garmin Q3 Earnings Call Highlights28 Oct
  • Garmin Ltd. (GRMN) Q3 2026 Earnings Call Transcript28 Oct
  • Garmin Q3 Earnings Beat Estimates, Revenues Rise Y/Y28 Oct
  • Garmin (GRMN) Reports Q3 Earnings: What Key Metrics Have to Say28 Oct
  • Garmin (GRMN) Q3 Earnings Beat Estimates28 Oct
  • Garmin announces third quarter 2026 results28 Oct
  • Garmin Ltd. $GRMN Position Increased by Citizens Financial Group Inc. RI28 Oct
  • Garmin Gears Up to Report Q3 Earnings: How to Play the Stock26 Oct

Mentions in Filings

  • … mize down-time, and enhance customer experience Incremental external revenue growth Geographic expansion through M&A opportunities at high margin $30M grant from NC to expand hangar capacity Starlink Authorized Dealership <strong>Garmin</strong> G3000 / G5000 avionics retrofit PMA (Parts Manufacturing Approval) wiring harness Latest generation Satellite Wi-Fi solutions Fly Exclusive MRO 104,000 sq ft facility 24/7 Operations Advanced Avionics External Revenue Gro …
    FLYEXCLUSIVE INC.Garmin Ltd·EX-99.1 - 8-K - Results of Operations and Financial Condition·Q4 26·12 Nov
  • … with maximum stabilization using 3-m rounded core barrels with 10" shells. Water-bearing drill holes were obturated with a Van Ruth plug to avoid water contamination. Drill hole collars were spotted using a hand-held GPS <strong>Garmin</strong> 64S, and the planned azimuth was indicated using wooden spikes installed with a hand-held compass, corrected to the local magnetic declination (15° west). At the beginning of each drill hole, the strike and dip were surve …
    Elevra Lithium LtdGarmin Ltd·EX-15.15 - 20-F - EXHIBIT 15.15 FY 2026·FY26·2 Nov
  • … fixed GEM base magnetometer enabled each day’s magnetic data to be corrected for diurnal variations by recording magnetic field readings at 10 s intervals. Field data spatial positioning was accomplished with the use of a <strong>Garmin</strong> handheld global positioning system (GPS). The magnetic data defines the vent aureole as a zone of demagnetisation around the mapped fenite and depicts the vent as magnetically zoned. An interpreted NE-trending major fault …
    Mkango Rare Earths LtdGarmin Ltd·EX-96.1 - F-4/A - REGULATION S-K 1300 TECHNICAL REPORT SUMMARY ON THE SONGWE HILL RARE EARTH ELEMENT PROJECT IN MALAWI, EFFECTIVE AS OF JUNE 30, 2025·Q4 26·26 Oct
  • … ished, well-known camera manufacturers such as Canon Inc. and Nikon Corporation, as well as large, diversified electronics companies such as, Samsung Electronics Co. and Sony Corporation and specialty companies such as <strong>Garmin Ltd.</strong>, the Ricoh Company, Ltd., Arashi Vision Inc. (Insta360), and SZ DJI Technology Co., Ltd. We believe we compete favorably with these companies’ products. Our durable and versatile hardware product design facilitates incr …
    GoPro, Inc.Garmin Ltd·10-K/A - Annual report (amendment) FY 2025·FY25·19 Oct
  • … Securities to | | | Name of Issuer of Securities (1)(3) | | Price | | | Shares | | Share | | the Trust (2) | | | Common Stocks (100%): | | | | | | | | | | | | Consumer Discretionary (6%): | | | | | | | | | | | | GRMN | <strong>Garmin Ltd.</strong> † | | 2 | % | | 12 | $ | 291.80 | $ | 3,502 | | HAS | Hasbro, Inc. | | 2 | % | | 30 | | 120.92 | | 3,628 | | WSM | Williams-Sonoma, Inc. | | 2 | % | | 14 | | 261.68 | | 3,664 | | Consumer Staples (6%): | | | | | | | | | …
    FT 13353Garmin Ltd·487 - Form 487 - FORM S-6 TO EFFECTIVE AMENDMENT·Q4 26·10 Nov
  • … Share | | the Trust (2) | | | Common Stocks (100%): | | | | | | | | | | | Consumer Discretionary (10%): | | | | | | | | | | | ANF | Abercrombie & Fitch Co. (Class A) \* | | 2% | | 38 | $ | 152.81 | $ | 5,807 | | GRMN | <strong>Garmin Ltd.</strong> † | | 2% | | 20 | | 291.80 | | 5,836 | | HLT | Hilton Worldwide Holdings Inc. | | 2% | | 16 | | 373.23 | | 5,972 | | MAR | Marriott International, Inc. | | 2% | | 14 | | 417.16 | | 5,840 | | WSM | Williams-Sonoma, Inc. …
    FT 13354Garmin Ltd·487 - Form 487 - FORM S-6 TO EFFECTIVE AMENDMENT·Q4 26·10 Nov

Key Stats

Trading

Px/Chg 1D$281.95 / +0.28%
Avg Volume874.40K
Beta1.19
Mkt Cap54.37B
FD Mkt Cap54.86B

Float

Shrs Out/Float192.85M / 164.62M
Short Float0.03%
Days to Cover3.40
Stock Repurchased$86.42M

Current Valuation

EV52.25B
EV/EBITDA22.90
EV/Sales7.00
P/B5.87
P/S7.29
FCF Yield0.86%
ROE4.37%
ROA3.70%
Current Ratio4.36

Dividend

Ex-Dividend DateSep 11, 2026
Cash (Sep 11, 2026)$1.05
Yield (Sep 11, 2026)1.68%
Yield (TTM)1.68%

Estimates

P/E31.32
Est P/E0.00
Est EPS1.84
Est PEG0.00

Valuation

Metric5Yr AvgMay '23Feb '25Apr '25Apr '26Oct '26
PRICE-BASED RATIOS
Price / Earnings60.6519.2231.8827.7890.15134.23
Price / Sales14.283.857.866.2322.4331.01
Price / Book Value5.013.025.865.005.315.87
Price / Free Cash Flow65.5534.5234.8031.65110.94115.85
ENTERPRISE VALUE METRICS
Enterprise Value38,434.617,544.839,527.837,298.745,549.052,252.6
Enterprise Value / Sales13.673.617.565.9221.4429.80
Enterprise Value / EBITDA46.7714.7231.1321.0366.82100.17
Enterprise Value / EBIT51.7917.0736.1923.4071.69110.58

Financials

Full Financials
Millions USD5Yr CAGR (%)Dec '21Dec '22Dec '23Dec '24Dec '25
INCOME STATEMENT
Revenue9.8%4,982.84,860.35,228.36,296.97,245.5
Gross Income10.2%2,890.52,806.83,005.03,696.64,256.3
EBITDA12.5%1,373.41,191.71,269.71,773.72,203.3
EBIT13.4%1,218.61,027.81,092.21,594.02,014.5
Net Income11.4%1,082.2973.61,289.61,411.41,663.9
EPS (Diluted)11.2%5.615.046.717.308.59
BALANCE SHEET
Cash & ST Inv10.4%1,846.01,452.51,968.12,500.72,737.8
Total Assets8.8%7,854.47,731.28,603.69,630.510,993.7
Total Liabilities3.8%1,740.31,526.81,591.51,782.12,021.1
Total Shareholder Equity10.1%6,114.26,204.37,012.17,848.48,972.6
CASH FLOW
Net Operating Cash Flow12.7%1,012.4788.31,376.31,432.51,633.4
Cap Ex-3.3%-309.6-246.2-195.0-193.6-270.4
Free Cash Flow18%702.8542.11,181.21,238.91,362.9

Enterprise Value Bridge

Millions USD12 Nov '26
Price (As of 12 Nov '26)286.26
Basic Shares192.85
Market Cap55,206.1
Diluted Shares193.62
Fully Diluted Shares Outstanding193.62
Fully Diluted Market Cap55,424.8
+Consolidated Debt173.5
−In-the-Money Convertible Debt—
+Capital Leases173.5
+Operating Leases—
−Cash & Equivalents-2,039.8
−Short-term Investments-299.7
+Total Preferred-
−In-the-Money Convertible Preferred—
−Investments in Unconsolidated Subs—
+Non-Controlling Interest-
+Pension Liabilities—
Enterprise Value53,339.8

Segment data

Revenue

by Products and services

  • Fitness33%
  • Outdoor28%
  • Marine Segment16%
  • Aviation14%
  • Automotive Mobile9%

Revenue

by Geography

  • Americas48%
  • Emea38%
  • Asia Pacific14%

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Revenue (TTM)
$1.75B
Net Income (TTM)
$405.08M
EPS (TTM)
2.10
P/E (TTM)
31.32
P/B (TTM)
5.87
Dividend Yield
1.68%
ROE (TTM)
4.37%
ROA (TTM)
3.70%
Operating Margin
24.62%
Beta
1.19

Dividends

Last Dividend
$1.05
Last Yield
0.02%
Last Date
Sep 11, 2026

Summary

Garmin Ltd. specializes in the design, development, manufacturing, marketing, and global distribution of diverse wireless products and solutions. Its operations span across North and South America, the Asia Pacific region, the Australian Continent, Europe, the Middle East, and Africa. The company's offerings are organized into several key segments: Fitness: This division caters to athletes and active individuals with products like specialized running and multi-sport watches, cycling computers, activity trackers, smartwatches, and various fitness-related accessories. Additionally, it supports these offerings with its Garmin Connect web and mobile platforms, alongside Connect IQ, an ecosystem for app development. Outdoor: Garmin's Outdoor category features rugged adventure watches, portable GPS devices, golf-specific instruments and accompanying mobile applications, plus specialized dog tracking and training systems. Aviation: The Aviation sector delivers comprehensive avionics solutions for aircraft, encompassing integrated cockpit systems, advanced flight displays and instrumentation, navigation and communication tools, automated flight controls, safety enhancements, audio management, engine monitoring, traffic and weather avoidance systems, ADS-B transponders, data connectivity, portable GPS navigators, wearable aviation devices, and related support services. Marine: For the Marine market, Garmin provides a suite of solutions including chartplotters, multi-function displays, marine cartography, fish finders, sonar technology, autopilots, radar systems, compliant instrumentation and sensors, VHF radios, handheld and wearable marine devices, sailing-specific products, onboard entertainment, digital switching, and electric trolling motors. Auto: The Automotive segment focuses on in-vehicle computing and infotainment systems, personal navigation units, and various camera solutions. Garmin's products are distributed through a diverse network including independent and online retailers, authorized dealers, distributors, service and installation centers, original equipment manufacturers (OEMs), and directly via its official e-commerce platform, garmin.com. Established in 1989, Garmin Ltd. maintains its corporate headquarters in Schaffhausen, Switzerland.

Website
www.garmin.com
Location
Schaffhausen, V8, CH
Phone41 52 630 1600
Employees23,000
CEOClifton Albert Pemble
Sector
Industrials
Industry
Commercial Services & Supplies
IPO DateDec 8, 2000

Ask AI

Company overview
Business model, segments, and competition.
Peer comparison
Metrics vs closest competitors.
Guidance & outlook
Forward guidance and assumptions.
Bull vs bear case
Upside drivers and key risks.
Valuation snapshot
Multiples vs history and peers.
Competitive moat
Defensibility and market position.
Management track record
Leadership and capital allocation history.
How it makes money
A short diagram of the business model.

Latest Documents

SEC Filings(2K)

Expand
  • Form 4KAO MIN H12 Nov
  • Form 4BURRELL JONATHAN10 Nov
  • Form 4MAXFIELD JOSHUA H6 Nov
  • Form 4TRENKLE BRADLEY C3 Nov
  • 10-QQ3ended 26 Sept 202628 Oct
  • 8-KResults of Operations and Financial Condition28 Oct
  • SC 13G/AGARMIN LTD13 Oct
  • Form 4Wang Cheng-Wei20 Aug
  • Form 4BURRELL JONATHAN19 Aug
  • Form 144Wang Cheng-Wei18 Aug
  • Form 4BURRELL JONATHAN11 Aug
  • Form 4BURRELL JONATHAN5 Aug
  • Form 4Straub Philip4 Aug
  • Form 4KAO MIN H4 Aug
  • Form 4Biddlecombe Sean31 Jul
  • Form 4MAXFIELD JOSHUA H31 Jul
  • Form 4PEMBLE CLIFTON A31 Jul
  • Form 144Biddlecombe Sean31 Jul
  • Form 144MAXFIELD JOSHUA H31 Jul
  • Form 144PEMBLE CLIFTON A29 Jul

News

  • Garmin: Margin Warnings Should Deflate Its Premium Valuation12 Nov
  • Garmin and Waze team up to amplify the power of community-driven awareness for cyclists and drivers10 Nov
  • Can Garmin (GRMN) Run Higher on Rising Earnings Estimates?6 Nov
  • DKILY vs. GRMN: Which Stock Is the Better Value Option?6 Nov
  • Bristol Gate U.S. Equity Q3 2026 Portfolio Review5 Nov
  • Garmin introduces Descent X10, the essential dive computer for underwater adventures3 Nov
  • Deciphering Garmin (GRMN) International Revenue Trends2 Nov
  • These 2 Computer and Technology Stocks Could Beat Earnings: Why They Should Be on Your Radar2 Nov
  • Garmin Q3 Earnings Call Highlights Growth and Cost Pressures29 Oct
  • Garmin celebrates global digital health innovation at 2026 Garmin Health Summit in Asia29 Oct
  • Garmin Q3 Earnings: 3 Key Takeaways for Long-Term Investors28 Oct
  • Why Garmin Stock Dropped After Record Results28 Oct
  • Garmin Q3 Earnings Call Highlights28 Oct
  • Garmin Ltd. (GRMN) Q3 2026 Earnings Call Transcript28 Oct
  • Garmin Q3 Earnings Beat Estimates, Revenues Rise Y/Y28 Oct
  • Garmin (GRMN) Reports Q3 Earnings: What Key Metrics Have to Say28 Oct
  • Garmin (GRMN) Q3 Earnings Beat Estimates28 Oct
  • Garmin announces third quarter 2026 results28 Oct
  • Garmin Ltd. $GRMN Position Increased by Citizens Financial Group Inc. RI28 Oct
  • Garmin Gears Up to Report Q3 Earnings: How to Play the Stock26 Oct

Mentions in Filings

  • … mize down-time, and enhance customer experience Incremental external revenue growth Geographic expansion through M&A opportunities at high margin $30M grant from NC to expand hangar capacity Starlink Authorized Dealership <strong>Garmin</strong> G3000 / G5000 avionics retrofit PMA (Parts Manufacturing Approval) wiring harness Latest generation Satellite Wi-Fi solutions Fly Exclusive MRO 104,000 sq ft facility 24/7 Operations Advanced Avionics External Revenue Gro …
    FLYEXCLUSIVE INC.Garmin Ltd·EX-99.1 - 8-K - Results of Operations and Financial Condition·Q4 26·12 Nov
  • … with maximum stabilization using 3-m rounded core barrels with 10" shells. Water-bearing drill holes were obturated with a Van Ruth plug to avoid water contamination. Drill hole collars were spotted using a hand-held GPS <strong>Garmin</strong> 64S, and the planned azimuth was indicated using wooden spikes installed with a hand-held compass, corrected to the local magnetic declination (15° west). At the beginning of each drill hole, the strike and dip were surve …
    Elevra Lithium LtdGarmin Ltd·EX-15.15 - 20-F - EXHIBIT 15.15 FY 2026·FY26·2 Nov
  • … fixed GEM base magnetometer enabled each day’s magnetic data to be corrected for diurnal variations by recording magnetic field readings at 10 s intervals. Field data spatial positioning was accomplished with the use of a <strong>Garmin</strong> handheld global positioning system (GPS). The magnetic data defines the vent aureole as a zone of demagnetisation around the mapped fenite and depicts the vent as magnetically zoned. An interpreted NE-trending major fault …
    Mkango Rare Earths LtdGarmin Ltd·EX-96.1 - F-4/A - REGULATION S-K 1300 TECHNICAL REPORT SUMMARY ON THE SONGWE HILL RARE EARTH ELEMENT PROJECT IN MALAWI, EFFECTIVE AS OF JUNE 30, 2025·Q4 26·26 Oct
  • … ished, well-known camera manufacturers such as Canon Inc. and Nikon Corporation, as well as large, diversified electronics companies such as, Samsung Electronics Co. and Sony Corporation and specialty companies such as <strong>Garmin Ltd.</strong>, the Ricoh Company, Ltd., Arashi Vision Inc. (Insta360), and SZ DJI Technology Co., Ltd. We believe we compete favorably with these companies’ products. Our durable and versatile hardware product design facilitates incr …
    GoPro, Inc.Garmin Ltd·10-K/A - Annual report (amendment) FY 2025·FY25·19 Oct
  • … Securities to | | | Name of Issuer of Securities (1)(3) | | Price | | | Shares | | Share | | the Trust (2) | | | Common Stocks (100%): | | | | | | | | | | | | Consumer Discretionary (6%): | | | | | | | | | | | | GRMN | <strong>Garmin Ltd.</strong> † | | 2 | % | | 12 | $ | 291.80 | $ | 3,502 | | HAS | Hasbro, Inc. | | 2 | % | | 30 | | 120.92 | | 3,628 | | WSM | Williams-Sonoma, Inc. | | 2 | % | | 14 | | 261.68 | | 3,664 | | Consumer Staples (6%): | | | | | | | | | …
    FT 13353Garmin Ltd·487 - Form 487 - FORM S-6 TO EFFECTIVE AMENDMENT·Q4 26·10 Nov
  • … Share | | the Trust (2) | | | Common Stocks (100%): | | | | | | | | | | | Consumer Discretionary (10%): | | | | | | | | | | | ANF | Abercrombie & Fitch Co. (Class A) \* | | 2% | | 38 | $ | 152.81 | $ | 5,807 | | GRMN | <strong>Garmin Ltd.</strong> † | | 2% | | 20 | | 291.80 | | 5,836 | | HLT | Hilton Worldwide Holdings Inc. | | 2% | | 16 | | 373.23 | | 5,972 | | MAR | Marriott International, Inc. | | 2% | | 14 | | 417.16 | | 5,840 | | WSM | Williams-Sonoma, Inc. …
    FT 13354Garmin Ltd·487 - Form 487 - FORM S-6 TO EFFECTIVE AMENDMENT·Q4 26·10 Nov

Key Stats

Trading

Px/Chg 1D$281.95 / +0.28%
Avg Volume874.40K
Beta1.19
Mkt Cap54.37B
FD Mkt Cap54.86B

Float

Shrs Out/Float192.85M / 164.62M
Short Float0.03%
Days to Cover3.40
Stock Repurchased$86.42M

Current Valuation

EV52.25B
EV/EBITDA22.90
EV/Sales7.00
P/B5.87
P/S7.29
FCF Yield0.86%
ROE4.37%
ROA3.70%
Current Ratio4.36

Dividend

Ex-Dividend DateSep 11, 2026
Cash (Sep 11, 2026)$1.05
Yield (Sep 11, 2026)1.68%
Yield (TTM)1.68%

Estimates

P/E31.32
Est P/E0.00
Est EPS1.84
Est PEG0.00

Valuation

Metric5Yr AvgMay '23Feb '25Apr '25Apr '26Oct '26
PRICE-BASED RATIOS
Price / Earnings60.6519.2231.8827.7890.15134.23
Price / Sales14.283.857.866.2322.4331.01
Price / Book Value5.013.025.865.005.315.87
Price / Free Cash Flow65.5534.5234.8031.65110.94115.85
ENTERPRISE VALUE METRICS
Enterprise Value38,434.617,544.839,527.837,298.745,549.052,252.6
Enterprise Value / Sales13.673.617.565.9221.4429.80
Enterprise Value / EBITDA46.7714.7231.1321.0366.82100.17
Enterprise Value / EBIT51.7917.0736.1923.4071.69110.58

Financials

Full Financials
Millions USD5Yr CAGR (%)Dec '21Dec '22Dec '23Dec '24Dec '25
INCOME STATEMENT
Revenue9.8%4,982.84,860.35,228.36,296.97,245.5
Gross Income10.2%2,890.52,806.83,005.03,696.64,256.3
EBITDA12.5%1,373.41,191.71,269.71,773.72,203.3
EBIT13.4%1,218.61,027.81,092.21,594.02,014.5
Net Income11.4%1,082.2973.61,289.61,411.41,663.9
EPS (Diluted)11.2%5.615.046.717.308.59
BALANCE SHEET
Cash & ST Inv10.4%1,846.01,452.51,968.12,500.72,737.8
Total Assets8.8%7,854.47,731.28,603.69,630.510,993.7
Total Liabilities3.8%1,740.31,526.81,591.51,782.12,021.1
Total Shareholder Equity10.1%6,114.26,204.37,012.17,848.48,972.6
CASH FLOW
Net Operating Cash Flow12.7%1,012.4788.31,376.31,432.51,633.4
Cap Ex-3.3%-309.6-246.2-195.0-193.6-270.4
Free Cash Flow18%702.8542.11,181.21,238.91,362.9

Enterprise Value Bridge

Millions USD12 Nov '26
Price (As of 12 Nov '26)286.26
Basic Shares192.85
Market Cap55,206.1
Diluted Shares193.62
Fully Diluted Shares Outstanding193.62
Fully Diluted Market Cap55,424.8
+Consolidated Debt173.5
−In-the-Money Convertible Debt—
+Capital Leases173.5
+Operating Leases—
−Cash & Equivalents-2,039.8
−Short-term Investments-299.7
+Total Preferred-
−In-the-Money Convertible Preferred—
−Investments in Unconsolidated Subs—
+Non-Controlling Interest-
+Pension Liabilities—
Enterprise Value53,339.8

Segment data

Revenue

by Products and services

  • Fitness33%
  • Outdoor28%
  • Marine Segment16%
  • Aviation14%
  • Automotive Mobile9%

Revenue

by Geography

  • Americas48%
  • Emea38%
  • Asia Pacific14%

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