# Garmin Ltd. Common Stock (Switzerland) (GRMN) fundamentals

Data as of 2026-09-08. NYSE, United States. Sector: Technology / Electronic Equipment, Instruments & Components. Price $277.03, market value $53.4 billion.

## Valuation
- **P/E (trailing): 28.6×** (5-yr avg 21.8×, 3-yr avg 23.4×). Garmin Ltd. Common Stock (Switzerland) trades at 28.6× trailing earnings, well above its own five-year average of 21.8×: investors are paying up relative to the company's past. The Technology median in the September 2026 study was 32.1×. Forward P/E is 25.2×, lower than trailing, so analysts expect earnings to grow.
- **PEG: 1.42**. A PEG of 1.42 is in the range usually read as fairly priced for its growth.
- **Price / sales: 7.0×**. Each dollar of revenue is priced at 7.0×.
- **Price / book: 5.9×**. The shares trade at 5.9× book value; most of the value is in earnings power and intangibles rather than the balance sheet.
- **Free-cash-flow yield: 3.0%** (5-yr avg 3.6%). Free cash flow equals 3.0% of the market value, in line with its five-year average of 3.6%.
- **Earnings yield: 3.5%**. The inverse of the P/E: 3.5% of the price is earned each year.

## Profitability
- **Gross margin: 60.1%**. Garmin Ltd. Common Stock (Switzerland) keeps 60.1% of revenue after the direct cost of what it sells, the kind of margin that comes with software, brands or pricing power.
- **Operating margin: 27.6%**. 27.6% of revenue is left after running the business, an exceptional level.
- **Net margin: 23.0%**. 23.0% of each dollar of sales reaches the bottom line.
- **Return on equity: 18.5%**. 18.5% on shareholders' equity is solid.
- **Return on assets: 17.1%**. Each dollar of assets produces 17.1% of profit.

## Growth
- **Revenue growth (1 yr): 15.1%** (3-yr 14.2%/yr, 5-yr 11.6%/yr). Revenue grew 15.1% over the last year, against 11.6% a year compounded over five years: growth is accelerating.
- **EPS growth (1 yr): 17.7%** (3-yr 19.5%/yr, 5-yr 10.7%/yr). Earnings per share rose 17.7%, roughly in step with revenue.
- **Free-cash-flow growth (3 yr): 35.8%/yr**. Free cash flow has compounded at 35.8% a year over three years, keeping pace with earnings: the growth is real cash.

## Financial health
- **Current ratio: 3.63** (quick 3.63). Current assets cover the next year's liabilities 3.63 times.
- **Piotroski F-score: 6/9**. 6 of 9 checks pass: mixed.

## Dividends
- **Dividend yield: 1.52%** ($4.20 per share, trailing). Garmin Ltd. Common Stock (Switzerland) yields 1.52%, a modest yield more typical of a growth-oriented payer.
- **Payout ratio: 40%** (45% of free cash flow). 40% of earnings goes out as dividends, leaving room to keep raising it.
- **Consecutive years of increases: 8**. 8 straight years of increases.
- **Dividend growth (5 yr): 7.5%/yr** (1-yr 15.8%). The dividend has grown 7.5% a year over five years.

## Price and momentum
- **Total return (1 yr): 18.5%** (YTD 37.7%, 3-mo 17.6%). The shares are up 18.5% over twelve months including dividends.
- **From 52-week high: -11.9%** (48.4% above the low). Trading 12% below its 52-week high.
- **200-day average: above**. The price sits above its 200-day moving average, the usual definition of an uptrend.
- **RSI (14-day): 41**. An RSI of 41 is neutral.
- **Beta (1 yr): 1.01** (volatility 34%). Beta of 1.01 against the S&P 500: the shares move roughly with the market.

Live score and charts: https://foliofundamentals.com/analyzer?s=GRMN · Page: https://foliofundamentals.com/stocks/grmn

Not investment advice.