US · USD
GRMN
Garmin Ltd
- Day's range
- $281.56 – $288.84
- Day's volume
- $178.5M
- 52-week range
- $184.06 – $311.95
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See how GRMN weighs in your net worth, what it has paid you and how far it is from your target allocation.
Create a free accountGRMN in numbers
- Market cap
- $54.5B
- P/E
- 31.38
- P/B
- 5.88
- Dividend yield (12m)
- 1.38%
The 12-month dividend yield of GRMN is 1.38%, below its 5-year average of 2.09%.
GRMN price history
GRMN risk and return
Monthly closes adjusted for splits and distributions.
| Metric | 12 months | 36 months | 60 months |
|---|---|---|---|
| Return | +18.42% | +186.99% | +105.37% |
| Volatility (annualized) | 41.98% | 32.15% | 29.08% |
| Largest drawdown | -20.67% | -20.67% | -46.93% |
| Positive months | 6/12 | 22/36 | 33/60 |
How much did investing in GRMN return?
$1,000.00 invested on 09/01/2021 would be worth $2,053.69 today.
- Value today in GRMN
- $2,053.69
- Return over the period
- +105.37%
- Return per year
- +15.48%
- In the S&P 500
- $1,776.31
With dividends reinvested, before taxes and costs, at month-end closes. Past returns do not guarantee future ones.
GRMN fundamentals
Valuation
- P/E31.38
- P/B5.88
- EV/EBITDA—
- EV/EBIT27.58
- EV/Revenue7.30
- P/EBIT27.58
- P/S7.30
- P/OCF31.15
- P/FCF37.53
- Earnings yield3.63%
- PEG ratio—
- Earnings per share$9.00
- Book value per share$48.07
Debt
- Net debt—
- Net debt/EBITDA—
- Net debt/Equity—
- Debt/Equity—
- Current ratio4.36
- Quick ratio3.02
- Cash ratio1.67
Efficiency
- Gross margin59.14%
- EBITDA margin—
- Operating margin26.46%
- Net margin23.26%
- Asset turnover0.68
Profitability
- ROE18.73%
- ROA15.85%
- ROIC17.63%
- Payout43.32%
Growth
- Revenue CAGR (5 years)11.13%
- Earnings CAGR (5 years)10.56%
- Revenue growth (year)—
- Earnings growth (year)—
- Revenue growth (quarter)—
- Earnings growth (quarter)—
What is GRMN's fair price?
Two classic value formulas, with today's numbers. The current price is $282.46.
- Graham's fair price
- $98.68
- 65.06% below the price
√(22.50 × $9.00 × $48.07)
Benjamin Graham paid no more than a P/E of 15 and a P/B of 1.5. Their product, 22.5, times earnings (EPS) and book value per share gives the fair price.
- Bazin's ceiling price
- $49.43
- 82.50% below the price
$2.97 (5-year average) ÷ 6%
Décio Bazin only bought stocks yielding at least 6% a year in distributions. The ceiling price is the average dividend per share of recent years over 6%.
Graham ignores growth and debt; Bazin assumes past distributions repeat. They are references to compare, not a buy recommendation.
GRMN's indicators by year
Multiples at each year's closing price; margins and returns from that year's statements.
| Indicator | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 |
|---|---|---|---|---|---|---|---|---|
| P/E | 23.47 | 28.12 | 19.11 | 18.14 | 24.26 | 23.10 | 19.53 | 18.07 |
| P/B | 4.35 | 5.06 | 3.52 | 2.85 | 4.29 | 4.16 | 3.88 | 3.01 |
| Dividend yield | 1.70% | 1.44% | 2.27% | 3.10% | 1.92% | 2.01% | 2.30% | 3.32% |
| Earnings per share | $8.64 | $7.34 | $6.72 | $5.09 | $5.61 | $5.18 | $5.00 | $3.50 |
| Book value per share | $46.62 | $40.79 | $36.56 | $32.42 | $31.71 | $28.79 | $25.14 | $21.02 |
| ROE | 18.54% | 17.98% | 18.39% | 15.69% | 17.70% | 17.99% | 19.87% | 16.67% |
| ROIC | 17.27% | 16.91% | 15.58% | 15.14% | 17.87% | 17.19% | 19.03% | 15.76% |
| Gross margin | 58.74% | 58.70% | 57.48% | 57.75% | 58.01% | 59.27% | 59.45% | 59.14% |
| Net margin | 22.96% | 22.41% | 24.67% | 20.03% | 21.72% | 23.70% | 25.35% | 20.73% |
GRMN's financial statements
| Line | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|---|
| Net revenue | $7.2B | $6.3B | $5.2B | $4.9B | $5B | $4.2B |
| Cost of revenue | -$3B | -$2.6B | -$2.2B | -$2.1B | -$2.1B | -$1.7B |
| Gross profit | $4.3B | $3.7B | $3B | $2.8B | $2.9B | $2.5B |
| EBITDA | — | — | — | — | — | — |
| EBIT | $1.9B | $1.6B | $1.1B | $1B | $1.2B | $1.1B |
| Financial result | $138.5M | $101.4M | $108.2M | $37.1M | -$11.8M | $49.2M |
| Income before tax | $2B | $1.7B | $1.2B | $1.1B | $1.2B | $1.1B |
| Income tax | -$350.6M | -$284M | $89.3M | -$91.4M | -$124.6M | -$111.1M |
| Net income | $1.7B | $1.4B | $1.3B | $973.6M | $1.1B | $992.3M |
Figures the company filed with the CVM. Debt excludes leases; each quarter is that quarter alone.
Does GRMN pay dividends?
| Type | Last day to own | Payment | Per share |
|---|---|---|---|
| Dividend | 12/10/2026 | 12/24/2026 | $1.05 |
| Dividend | 03/11/2027 | 03/26/2027 | $1.05 |
Dividend yield per year
- 3.42%2017
- 3.32%2018
- 2.30%2019
- 2.01%2020
- 1.92%2021
- 3.10%2022
- 2.27%2023
- 1.44%2024
- 1.70%2025
- 1.06%2026
| Type | Last day to own | Payment | Per share |
|---|---|---|---|
| Dividend | 09/10/2026 | 09/25/2026 | $1.05 |
| Dividend | 06/12/2026 | 06/26/2026 | $1.05 |
| Dividend | 03/12/2026 | 03/27/2026 | $0.90 |
| Dividend | 12/11/2025 | 12/26/2025 | $0.90 |
| Dividend | 09/11/2025 | 09/26/2025 | $0.90 |
| Dividend | 06/13/2025 | 06/27/2025 | $0.90 |
| Dividend | 03/13/2025 | 03/28/2025 | $0.75 |
| Dividend | 12/12/2024 | 12/27/2024 | $0.75 |
| Dividend | 09/12/2024 | 09/27/2024 | $0.75 |
| Dividend | 06/14/2024 | 06/28/2024 | $0.75 |
| Dividend | 03/13/2024 | 03/29/2024 | $0.73 |
| Dividend | 12/13/2023 | 12/29/2023 | $0.73 |
See all 40 distributions
| Type | Last day to own | Payment | Per share |
|---|---|---|---|
| Dividend | 09/13/2023 | 09/29/2023 | $0.73 |
| Dividend | 06/15/2023 | 06/30/2023 | $0.73 |
| Dividend | 03/13/2023 | 03/31/2023 | $0.73 |
| Dividend | 12/13/2022 | 12/30/2022 | $0.73 |
| Dividend | 09/13/2022 | 09/30/2022 | $0.73 |
| Dividend | 06/16/2022 | 06/30/2022 | $0.73 |
| Dividend | 03/11/2022 | 03/31/2022 | $0.67 |
| Dividend | 12/13/2021 | 12/31/2021 | $0.67 |
| Dividend | 09/13/2021 | 09/30/2021 | $0.67 |
| Dividend | 06/11/2021 | 06/30/2021 | $0.67 |
| Dividend | 03/11/2021 | 03/31/2021 | $0.61 |
| Dividend | 12/11/2020 | 12/31/2020 | $0.61 |
| Dividend | 09/11/2020 | 09/30/2020 | $0.61 |
| Dividend | 06/11/2020 | 06/30/2020 | $0.61 |
| Dividend | 03/12/2020 | 03/31/2020 | $0.57 |
| Dividend | 12/12/2019 | 12/31/2019 | $0.57 |
| Dividend | 09/12/2019 | 09/30/2019 | $0.57 |
| Dividend | 06/13/2019 | 06/28/2019 | $0.57 |
| Dividend | 03/13/2019 | 03/29/2019 | $0.53 |
| Dividend | 12/12/2018 | 12/31/2018 | $0.53 |
| Dividend | 09/12/2018 | 09/28/2018 | $0.53 |
| Dividend | 06/14/2018 | 06/29/2018 | $0.53 |
| Dividend | 03/13/2018 | 03/30/2018 | $0.51 |
| Dividend | 12/13/2017 | 12/29/2017 | $0.51 |
| Dividend | 09/12/2017 | 09/29/2017 | $0.51 |
| Dividend | 06/14/2017 | 06/30/2017 | $0.51 |
| Dividend | 03/10/2017 | 03/31/2017 | $0.51 |
| Dividend | 12/09/2016 | 12/30/2016 | $0.51 |
About Garmin
- Sector
- Manufacturing
Questions about GRMN
How much is GRMN today?
GRMN is at $282.46 (-1.53% on the day), last traded on 10/01/2026.
How much did GRMN pay in dividends in 2025?
GRMN paid $3.45 per share in 2025, a dividend yield of 1.70%.
When is the next GRMN dividend?
The next announced payment is $1.05 per share on 12/24/2026.
What are the P/E and P/B of GRMN?
GRMN trades at a P/E of 31.38 and a P/B of 5.88.
How much did GRMN return in 12 months?
GRMN returned 18.42% in 12 months, with annualized volatility of 41.98% and a largest drawdown of -20.67%.