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Garmin Ltd. (GRMN) Stock Analysis

Garmin Ltd. (GRMN) is a Scientific & Technical Instruments stock listed on NYSE and quoted in US Dollar.

Last Updated: October 21, 2026

GRMN

$291.13

+$0.78 (+0.27%)

Oct 21, 2026 · Market close

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Price History

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GRMN Key Statistics

As of Oct 21, 2026
Trading
Open
$290.35
Previous Close
$290.35
Day's Range
287.94–292.50
52-Week Range
186.67–314.28
Volume
784.31K
BetaHow much the share price moves relative to the wider market. 1.0 moves in line with it; above 1.0 swings more, below 1.0 less.
0.83
Valuation
Market Cap
$56.15B
P/E Ratio
30.04
Forward P/EShare price divided by forecast earnings for the year ahead, rather than the year just past.
26.15
PEG RatioThe P/E ratio divided by the expected earnings growth rate. It puts a high P/E in the context of how fast profits are growing.
3.09
P/S ratioMarket value divided by annual revenue. Useful for companies that are not yet profitable, where a P/E cannot be calculated.
7.32
EPS (ttm)Profit attributable to each share over the last twelve months.
9.69
Financials (FY)
Revenue (FY)
$7.25B+15.06%
Net Income (FY)
$1.66B+17.89%
Profit marginThe share of revenue left as profit after all costs and taxes.
24.47%
Shares OutstandingThe total number of shares held by all investors. Market value is this figure multiplied by the share price.
192.85M
1-Year Return
+17.75%
Dividend and dates
Dividend
$4.20+1.45%
Ex-Dividend Date
December 11, 2026
Earnings Date
October 28, 2026
Avg Volume
902.22K

Only metrics the company reports are shown. Data provided by Yahoo Finance via yfinance. Updated daily.

Key facts

As of October 21, 2026, GRMN closed at $291.13, +17.75% over 1 year.

Garmin Ltd. (GRMN) has a market capitalization of $56.15B.

In fiscal 2025, GRMN reported revenue of $7.25B.

GRMN Stock Return by Calendar Year

Garmin Ltd. (GRMN) 10-year return: what $10,000 became

1 year
$10,000 $11,775
+17.75%
5 years
$10,000 $19,759
+97.59%
10 years
$10,000 $77,163
+671.63%

If you had invested $10,000 in Garmin Ltd. (GRMN) 10 years ago, at the close on October 21, 2016, it would have been worth $77,163 at the close on October 21, 2026: +671.63% in total, +22.67% a year, with dividends reinvested. A historical calculation from closing prices adjusted for splits and dividends, before fees and taxes.

Calendar-year returns computed from daily closing prices. Partial years are shown muted and marked with an asterisk.

YearReturn
2026 (partial year)+45.27%
2025−0.06%
2024+63.25%
2023+43.12%
2022−30.20%
2021+15.90%
2020+25.86%
2019+58.13%
2018+9.84%
2017+27.60%
2016 (partial year)−10.09%

As of October 21, 2026.

GRMN Revenue and Earnings by Fiscal Year

FY ends December
Fiscal yearRevenueNet incomeNet margin
2025$7.25B$1.66B23.0%
2024$6.30B$1.41B22.4%
2023$5.23B$1.29B24.7%
2022$4.86B$973.59M20.0%
Fiscal yearRevenueGross profitOperating incomeNet incomeNet margin
2025$7.25B$4.26B$1.88B$1.66B23.0%
2024$6.30B$3.70B$1.59B$1.41B22.4%
2023$5.23B$3.00B$1.09B$1.29B24.7%
2022$4.86B$2.81B$1.03B$973.59M20.0%

Annual figures as reported, in the company's reporting currency. As of December 31, 2025.

GRMN Dividend History

$3.45+15.8% vs 2024

Dividends per share, 2025 · 4 payments

YearDividends per sharePaymentsChange
2026*$3.003—
2025$3.454+15.8%
2024$2.984+2.1%
2023$2.924+2.1%
YearDividends per sharePaymentsChange
2026 (partial year)$3.003—
2025$3.454+15.8%
2024$2.984+2.1%
2023$2.924+2.1%
2022$2.864+9.2%
2021$2.624+9.2%
2020$2.404+7.1%
2019$2.244+6.7%
2018$2.104+2.9%
2017$2.044+300.0%
2016$0.511—

Most recent payment: $1.00 per share, ex-dividend September 11, 2026. Per-share amounts summed by calendar year from ex-dividend dates. Partial years are shown muted and marked with an asterisk.

GRMN Valuation vs Scientific & Technical Instruments Median

Median of 33 stocks
MetricGRMNScientific & Technical Instruments medianvs median
P/E30.0438.8123% below
P/S ratio7.324.5860% above
Profit margin24.47%11.31%13.2 pts above

Medians across 33 Scientific & Technical Instruments stocks that report the metric. Medians, not averages, so one outlier cannot move them. As of October 21, 2026.

Recent News

All 20 articles ↓

News provided by third-party sources. Not financial advice.

Analysis

Data-derived

Company Overview

Garmin Ltd. (GRMN) is capitalised at $56.15B on the latest close. The company sits in the Technology sector, in the Scientific & Technical Instruments industry. Headcount on file is 23,000.

The 52-week range on file runs from $186.67 to $314.28. The most recent close on file for GRMN is $291.13, dated October 21, 2026. That is +$0.78 (+0.27%) against the previous close. The latest close sits 55.96% above that 52-week low.

Financial Health

The most recent full year on file, fiscal 2025, shows revenue of $7.25B. That is +15.06% against the prior fiscal year, when revenue was $6.30B. Net income for the same year was $1.66B. That is +17.89% against the prior fiscal year. Profit margin runs at 24.47%. That is 13.2 percentage points above the Scientific & Technical Instruments median of 11.31%. Earnings per share on a trailing basis come to 9.69.

Across the 4 fiscal years on file, revenue moves from $4.86B in 2022 to $7.25B in 2025. Of those 4 years, 4 report positive net income.

Valuation Assessment

GRMN trades at a trailing price-to-earnings ratio of 30.04. That is 22.59% below the Scientific & Technical Instruments median of 38.81. The forward P/E on file is 26.15. The PEG ratio, which sets the P/E against expected earnings growth, reads 3.09. Measured against sales, the shares trade at 7.32 times revenue. On price-to-sales that is 59.72% above the Scientific & Technical Instruments median of 4.58. 33 Scientific & Technical Instruments companies report these metrics, and the medians quoted come from that group.

Over the trailing twelve months the total return is +17.75%. Across 10 years the annualized return works out at +22.67%. The reported beta is 0.83. Annualized volatility over the trailing 10 years is 28.66%.

Growth & Income

GRMN pays a dividend yielding 1.45%. That is 0.9 percentage points above the Scientific & Technical Instruments median yield of 0.53%. At the indicated rate that is $4.20 a share a year. The ex-dividend date on file is December 11, 2026. Dividends are recorded for 11 calendar years; 2026 shows 3 payments totalling $3.00 a share. The year before, 2025, totalled $3.45 a share.

So far in 2026 the total return is +45.27%. The strongest complete calendar year on file is 2024 at +63.25%; the weakest is 2022 at −30.20%. Of the 9 complete calendar years on file, 7 finished higher.

Peer Comparison

Garmin Ltd. (GRMN) operates in the Scientific & Technical Instruments industry. Here is how it compares to its closest peers by market capitalization:

Company Ticker Market Cap P/E Ratio
Garmin Ltd. GRMN $56.15B 30.0
Keysight Technologies, Inc. KEYS $58.11B 46.2
Coherent Corp. COHR $46.78B 57.7
Teledyne Technologies Incorporated TDY $29.21B 30.5

The Scientific & Technical Instruments industry average P/E ratio is 38.8x. Garmin Ltd. trades at a P/E of 30.0.

Every figure above is read from this page's own data on each daily rebuild. Informational only, not financial advice. As of October 21, 2026.

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About Garmin Ltd.

Garmin Ltd. designs, develops, manufactures, markets, and distributes a diverse range of GPS-enabled products and navigation, communications, sensor-based, and information products and services worldwide. It offers running; cycling products; smartwatch devices; scales and monitors; and sports timing and performance analysis; Garmin Connect and Garmin Connect Mobile, which are web and mobile platforms where users can track and analyze their fitness, activities and workouts, and wellness data; and Connect IQ, which enables third parties to create applications that run on Garmin devices. It also provides adventure watches; outdoor handhelds and satellite communicators; golf devices; consumer automotive; dog devices; InReach and Garmin Response; and dive devices. In addition, it designs, manufactures, and markets various aircraft avionics solutions, including integrated flight decks, electronic flight displays and instrumentation, navigation and communication products, automatic flight control systems and safety-enhancing technologies, audio control systems, engine indication systems, traffic awareness and avoidance solutions, ADS-B and transponders, weather information and avoidance solutions, datalink and connectivity solutions, and portable GPS navigators and wearables, as well as service products to the aviation market. Further, it offers chartplotters and multi-function displays, cartography, fishfinders, sonar, autopilot systems, radars, compliant instrument displays and sensors, VHF communication radios, handhelds and wearable devices, sailing, audio, digital switching, trolling motors, and lighting; and domain controllers and infotainment units, as well as software, map database, camera, wearable, and automotive solutions. The company sells its products through independent retailers, dealers, distributors, installation and repair shops, OEM, and online webshop. Garmin Ltd. was founded in 1989 and is based in Schaffhausen, Switzerland.

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