Garmin Ltd.
GRMNTechnologyNASDAQScientific & Technical Instruments
Scan Results
Daily timeframeGarmin 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. The company carries a $45.58B market cap, placing it firmly in the large-cap category. 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.
Market Cap
$45.58B
Beta
0.96
P/E (TTM)
26.38
P/E (Fwd)
22.89
EPS (TTM)
$8.96
EPS (Fwd)
$10.32
ROE
19.9%
ROA
11.9%
Cash
$2.70B
Total Debt
$216.1M
Free CF
$810.2M
52W Change
16.4%
Annual Financials
Cash vs Debt
With $2.70B in cash and $216.1M in debt, GRMN maintains more liquidity than leverage. This favorable balance sheet position can be an asset when capital markets become less accommodating. Free cash flow comes in at $810.2M, providing flexibility for reinvestment, buybacks, or dividends. Consistent free cash flow generation is often considered a sign of operational health. Return on equity stands at 19.9%, which is strong for the sector. ROE measures how effectively a company uses shareholder capital to generate profits. Return on assets of 11.9% further supports the picture of efficient asset utilization. Revenue has grown from $4.86B (2022) to $7.25B (2025), reflecting a 49% increase over the period.
With cash comfortably exceeding debt, GRMN has financial flexibility that may help navigate uncertain periods. These risk factors are not exhaustive — macroeconomic shifts, regulatory changes, and competitive dynamics can all influence Garmin Ltd.'s trajectory.