Garmin Ltd

NYSE:GRMNTechnologyNASDAQ:NQUSLGSTOXX:EDD24BP

$286.25+0.51%LiveIn session · ≈ AED 1,051.25 · Market cap $55.21B · Next earnings Wed 28 Oct

GRMN · Ratios · TradingHolo

Ratio	FY2020	FY2021	FY2022	FY2023	FY2024	FY2025	Current · undated	YoY
Gross margin	59.3%	58.0%	57.7%	57.5%	58.7%	58.7%	—	—
Operating margin	25.2%	24.5%	21.1%	20.9%	25.3%	25.9%	25.9%	+0.0 pts
Net margin	23.7%	21.7%	20.0%	24.7%	22.4%	23.0%	23.0%	+0.0 pts
EBITDA margin	28.2%	27.3%	25.3%	26.4%	29.8%	30.4%	—	—
Return on equity	18.0%	17.7%	15.7%	18.4%	18.0%	18.5%	18.5%	+0.0 pts
Return on assets	14.1%	13.8%	12.6%	15.0%	14.7%	15.1%	15.1%	+0.0 pts
Return on capital employed	18.0%	19.0%	15.8%	15.0%	19.6%	20.2%	—	—
Debt / equity	0.0×	0.0×	0.0×	0.0×	0.0×	0.0×	0.0×	+0.0%
Debt / assets	1.1%	0.9%	1.5%	1.3%	1.7%	1.8%	—	—
Interest coverage	0.0×	0.0×	0.0×	0.0×	0.0×	0.0×	—	—
Current ratio	3.2×	2.9×	3.3×	3.4×	3.5×	3.6×	3.6×	+0.0%
Quick ratio	2.5×	2.1×	2.0×	2.4×	2.6×	2.6×	—	—
Cash ratio	1.3×	1.0×	1.1×	1.3×	1.4×	1.3×	1.3×	+0.0%
Asset turnover	0.6×	0.6×	0.6×	0.6×	0.7×	0.7×	—	—
Inventory turnover	2.2×	1.7×	1.4×	1.7×	1.8×	1.7×	—	—
Receivables turnover	4.9×	5.9×	7.4×	6.4×	6.4×	5.8×	—	—
Dividend payout	45.4%	45.4%	69.8%	43.3%	40.6%	39.9%	—	—

Margins, returns, leverage and liquidityUpdated 27 Dec 2025 ·

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Current snapshot ratios have no reporting date and are shown separately from fiscal periods.