GRMN
GARMIN LTDCompany Information
- Company Name
- GARMIN LTD
- CIK
- CIK0001121788
- Category
- Large accelerated filer
- Ticker: Exchange
- GRMN: NYSE
- Fiscal Year End
- December 26
- Owner Organization
- 04 Manufacturing
- SIC
- 3812
- SIC Description
- Search, Detection, Navigation, Guidance, Aeronautical Sys
- Ticker
- GRMN
SEC filing data through
Insider Sentiment
- Last purchase
- —
- Last sale
- 2026-08-18
- Shares purchased (TTM)
- 0
- Shares sold (TTM)
- 89,468
Institutional Sentiment
- As of
- 2026-06-30
- Institutional shares owned
- 106,873,750
- Shares outstanding
- 192,674,000
- Ownership
- 55.47%
Earnings Market Reaction
- Filing date
- 2026-04-29
- Price on filing date
- —
- 1-month reaction
- -4.89%
- 3-month reaction
- -0.95%
Balance Sheet
Values in millions ($)| Line item | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 | 2024-06-30 | 2024-03-31 | 2023-12-31 | 2023-09-30 | 2023-06-30 | Subscriber-only column | Subscriber-only column | Subscriber-only column | Subscriber-only column | Subscriber-only column | Trend |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Assets Current | ||||||||||||||||||
| Cash And Cash Equivalents At Carrying Value | 2,290 | 2,279 | 2,073 | 2,072 | 2,176 | 2,079 | 2,009 | 1,937 | 1,922 | 1,693 | 1,423 | 1,426 | ||||||
| Available For Sale Securities Debt Securities Current | 411 | 459 | 467 | 515 | 499 | 421 | 415 | 289 | 275 | 275 | 273 | 254 | ||||||
| Accounts Receivable Net Current | 941 | 1,253 | 956 | 1,011 | 787 | 983 | 922 | 808 | 695 | 815 | 721 | 717 | ||||||
| Inventory Net | 1,850 | 1,772 | 1,888 | 1,788 | 1,582 | 1,474 | 1,506 | 1,320 | 1,302 | 1,346 | 1,440 | 1,402 | ||||||
| Deferred Costs Current | 15 | 18 | 17 | 19 | 21 | 24 | 23 | 21 | 18 | 16 | 15 | 15 | ||||||
| Prepaid Expense And Other Assets Current | 490 | 468 | 410 | 415 | 381 | 354 | 334 | 322 | 306 | 319 | 285 | 298 | ||||||
| Assets Current | 5,997 | 6,248 | 5,811 | 5,819 | 5,445 | 5,336 | 5,210 | 4,697 | 4,517 | 4,464 | 4,157 | 4,111 | ||||||
| Property Plant And Equipment Net | 1,384 | 1,375 | 1,296 | 1,291 | 1,233 | 1,237 | 1,220 | 1,206 | 1,206 | 1,224 | 1,187 | 1,181 | ||||||
| Operating Lease Right Of Use Asset | 203 | 196 | 188 | 179 | 171 | 165 | 138 | 130 | 136 | 144 | 141 | 135 | ||||||
| Available For Sale Securities Debt Securities Noncurrent | 1,612 | 1,397 | 1,377 | 1,286 | 1,226 | 1,198 | 1,107 | 1,192 | 1,134 | 1,125 | 1,082 | 1,100 | ||||||
| Deferred Income Tax Assets Net | 722 | 718 | 782 | 853 | 832 | 823 | 788 | 777 | 763 | 755 | 515 | 494 | ||||||
| Deferred Costs | 4 | 4 | 5 | 5 | 6 | 7 | 8 | 9 | 10 | 11 | 11 | 10 | ||||||
| Goodwill | 751 | 760 | 757 | 641 | 617 | 604 | 612 | 600 | 602 | 608 | 594 | 573 | ||||||
| Other Intangible Assets Net | 187 | 198 | 206 | 147 | 150 | 154 | 168 | 168 | 177 | 181 | 186 | 166 | ||||||
| Other Assets Noncurrent | 92 | 96 | 101 | 103 | 107 | 107 | 98 | 104 | 88 | 91 | 93 | 102 | ||||||
| Assets | 10,952 | 10,994 | 10,523 | 10,324 | 9,788 | 9,631 | 9,348 | 8,883 | 8,634 | 8,604 | 7,965 | 7,872 | ||||||
Liabilities And Stockholders Equity | ||||||||||||||||||
| Accounts Payable Current | 345 | 347 | 378 | 397 | 345 | 359 | 374 | 332 | 243 | 254 | 268 | 254 | ||||||
| Employee Related Liabilities Current | 225 | 228 | 240 | 194 | 205 | 211 | 219 | 172 | 193 | 190 | 197 | 158 | ||||||
| Product Warranty Accrual Classified Current | 71 | 73 | 72 | 71 | 61 | 62 | 58 | 58 | 55 | 56 | 54 | 52 | ||||||
| Accrued Marketing Costs Current | 93 | 153 | 87 | 104 | 72 | 108 | 76 | 90 | 78 | 99 | 72 | 81 | ||||||
| Other Accrued Liabilities Current | 233 | 258 | 231 | 254 | 209 | 217 | 223 | 196 | 191 | 246 | 209 | 192 | ||||||
| Contract With Customer Liability Current | 101 | 106 | 105 | 108 | 106 | 111 | 113 | 106 | 101 | 101 | 98 | 96 | ||||||
| Accrued Income Taxes Current | 308 | 382 | 293 | 283 | 332 | 295 | 228 | 237 | 256 | 225 | 152 | 199 | ||||||
| Dividends Payable Current | 0 | 173 | 346 | 520 | 0 | 144 | 288 | 433 | 0 | 140 | 279 | 419 | ||||||
| Liabilities Current | 1,375 | 1,720 | 1,752 | 1,932 | 1,330 | 1,508 | 1,579 | 1,624 | 1,117 | 1,311 | 1,328 | 1,450 | ||||||
| Deferred Income Tax Liabilities Net | 112 | 110 | 109 | 89 | 105 | 103 | 105 | 103 | 114 | 115 | 116 | 117 | ||||||
| Accrued Income Taxes Noncurrent | 4 | 4 | 3 | 4 | 7 | 7 | 17 | 16 | 16 | 17 | 25 | 35 | ||||||
| Contract With Customer Liability Noncurrent | 23 | 22 | 23 | 25 | 26 | 28 | 30 | 32 | 34 | 36 | 36 | 36 | ||||||
| Operating Lease Liability Noncurrent | 168 | 165 | 156 | 149 | 140 | 135 | 110 | 102 | 106 | 113 | 111 | 111 | ||||||
| Other Liabilities Noncurrent | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 0 | 0 | 0 | ||||||
| Common Stock Value | 19 | 19 | 19 | 19 | 19 | 19 | 19 | 19 | 19 | 20 | 20 | 20 | ||||||
| Additional Paid In Capital Common Stock | 2,335 | 2,369 | 2,360 | 2,317 | 2,256 | 2,247 | 2,218 | 2,183 | 2,135 | 2,125 | 2,100 | 2,078 | ||||||
| Treasury Stock Value | -416 | -406 | -393 | -356 | -302 | -271 | -244 | -224 | -227 | -331 | -331 | -323 | ||||||
| Retained Earnings Accumulated Deficit | 7,375 | 6,970 | 6,442 | 6,040 | 6,332 | 5,999 | 5,564 | 5,164 | 5,440 | 5,264 | 4,722 | 4,465 | ||||||
| Accumulated Other Comprehensive Income Loss Net Of Tax | -43 | 21 | 50 | 105 | -126 | -147 | -51 | -138 | -122 | -66 | -161 | -115 | ||||||
| Stockholders Equity | 9,271 | 8,973 | 8,478 | 8,125 | 8,179 | 7,848 | 7,507 | 7,005 | 7,246 | 7,012 | 6,349 | 6,124 | ||||||
| Liabilities And Stockholders Equity | 10,952 | 10,994 | 10,523 | 10,324 | 9,788 | 9,631 | 9,348 | 8,883 | 8,634 | 8,604 | 7,965 | 7,872 | ||||||
| Allowance For Doubtful Accounts Receivable Current | - | 9 | - | - | - | 9 | - | - | - | 7 | - | - | ||||||
| Accumulated Depreciation Depletion And Amortization Property Plant And Equipment | 1,321 | - | 1,278 | 1,255 | 1,175 | - | 1,120 | 1,076 | 1,049 | - | 982 | 960 | ||||||
| Common Stock Par Or Stated Value Per Share | 0.10 | 0.10 | - | - | - | 0.10 | - | - | - | - | - | - | ||||||
| Common Stock Shares Authorized | 195 | 195 | 195 | 195 | 195 | 195 | 195 | 195 | 195 | 196 | 196 | 196 | ||||||
| Common Stock Shares Issued | 195 | 195 | 195 | 195 | 195 | 195 | 195 | 195 | 195 | 196 | 196 | 196 | ||||||
| Shares Outstanding | 193 | 193 | 192 | 193 | 193 | 192 | 192 | 192 | 192 | 192 | 191 | 191 | ||||||
| Treasury Stock Common Shares | 2 | 2 | 3 | 2 | 2 | 2 | 3 | 3 | 3 | 4 | 4 | 4 | ||||||
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Recent filings
- 10-QFiled
- 10-KFiled
- 10-QFiled
- 10-QFiled
- 10-QFiled
- 10-KFiled
- 10-QFiled
- 10-QFiled
- 10-QFiled
- 10-KFiled
- 10-QFiled
- 10-QFiled
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Start 7-day free trialGARMIN LTD (GRMN) — SEC Financial Statements & Analysis
GARMIN LTD (GRMN) is a search, detection, navigation, guidance, aeronautical sys company, incorporated in V8. GARMIN LTD trades on NYSE as: GRMN. GARMIN LTD (GRMN)'s most recent SEC filing is a Form 10-Q for the period ended 2026-03-31, filed with the SEC on 2026-04-29. Based on that filing, GARMIN LTD carries a market cap of $44.51B, a P/E ratio of 25.63x, a P/B ratio of 4.80x, a P/S ratio of 5.96x, an enterprise value of $42.21B, and an EV/EBITDA multiple of 19.81x. On profitability, it posts a gross margin of 59.14%, an operating margin of 26.46%, a net margin of 23.26%, a Return on Equity (ROE) of 19.90%, a Return on Assets (ROA) of 16.74%, and a Return on Invested Capital (ROIC) of 24.65%. Per share, it reports EPS of $9.01, diluted EPS of $8.97, free cash flow per share of $7.53, and a dividend per share of $3.60. Over the trailing year, it posted revenue growth of 15.71% year-over-year, net income growth of 18.25% year-over-year, and EPS growth of 18.17% year-over-year. On the balance sheet, it maintains a current ratio of 4.36x, a quick ratio of 2.66x, working capital of $4.62B, a debt-to-equity ratio of 0.15x, a debt ratio of 0.13, free cash flow of $1.45B (TTM), and net debt of $-2.29B. Figures sourced from SEC EDGAR.
- Market Cap
- $44.51B
- P/E TTM
- 25.63x
- EPS TTM
- $9.01
- P/B TTM
- 4.80x
- ROE TTM
- 19.90%
- ROA TTM
- 16.74%
- Debt To Equity
- 0.15x
- Free Cash Flow TTM
- $1.45B
- Net Revenue TTM Growth 1Y
- 15.71%
Data as of 2026-03-31 · Source: SEC EDGAR
Frequently Asked Questions
What industry is GARMIN LTD in?
GARMIN LTD (GRMN) operates in the Search, Detection, Navigation, Guidance, Aeronautical Sys industry.
What exchange does GRMN trade on?
GARMIN LTD (GRMN) trades on the NYSE.
Where is GARMIN LTD incorporated?
GARMIN LTD is incorporated in Switzerland.
When was GARMIN LTD (GRMN)'s most recent SEC filing?
GARMIN LTD (GRMN)'s most recent SEC filing is a Form 10-Q for the period ended 2026-03-31, filed with the SEC on 2026-04-29.
What is GRMN's market cap?
GARMIN LTD (GRMN) has a market capitalization of $44.51B as of 2026-03-31.
What is GRMN's P/E ratio?
GARMIN LTD (GRMN)'s trailing twelve month P/E ratio is 25.63x as of 2026-03-31.
What is GRMN's EPS (earnings per share)?
GARMIN LTD (GRMN)'s trailing twelve month EPS is $9.01 as of 2026-03-31.
What is GRMN's ROE (return on equity)?
GARMIN LTD (GRMN)'s trailing twelve month Return on Equity (ROE) is 19.90% as of 2026-03-31.
What is GRMN's ROA (return on assets)?
GARMIN LTD (GRMN)'s trailing twelve month Return on Assets (ROA) is 16.74% as of 2026-03-31.
What is GRMN's ROIC (return on invested capital)?
GARMIN LTD (GRMN)'s trailing twelve month Return on Invested Capital (ROIC) is 24.65% as of 2026-03-31.
What is GRMN's EV/EBITDA?
GARMIN LTD (GRMN)'s trailing twelve month EV/EBITDA is 19.81x as of 2026-03-31.