Garmin

GRMN · NYSE · USD

$282.46Change from previous close: −1.53%Absolute change: −$4.38

Close · October 1, 2026

Valuation

Data as of October 2, 2026

Valuation multiples

Market cap
$54.47B
Enterprise value
$52.03B
P/E (trailing 12 months)
29.1
Forward P/E
25.7
PEG
3.05
Price/book
6.03
Price/sales
7.10
EV/EBITDA
22.5
EV/revenue
6.78

Profitability and growth

Gross margin
60.1%
Operating margin
30.4%
Net margin
24.5%
ROE
21.9%
ROA
12.2%
Revenue growth (year over year)
11.4%
Earnings growth (year over year)
35.3%

Financial health

Total cash
$2.67B
Total debt
$226.86M
Debt/equity
0.03
Current ratio
3.03
Quick ratio
1.85

Dividends

Annual dividend per share
$4.20
Dividend yield
1.5%
Payout ratio
38.7%
Ex-dividend date
December 11, 2026

Analysts and estimates

Average price target
$302.00
Median price target
$296.00
High price target
$370.00
Low price target
$231.00
Analysts with a price target
6
Consensus
Hold
Forward EPS
$11.01
EPS estimate, current year
$10.13

Shares and trading

Beta
0.87
Average volume
903.42K
Shares outstanding
192.86M
Float
164.5M
Institutional ownership
58.4%
Insider ownership
14.7%
Short interest (% of float)
1.9%
Short ratio (days)
3.71