Garmin Ltd.
GRMN
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Bull / bear case
Site-generated summary from fundamentals, news, and score — not investment advice. As of 2026-10-07.
- Garmin's strong competitive position in the GPS and wearable technology market is supported by its innovative product offerings and brand reputation.
- Garmin's revenue grew by 15% compared to the prior quarter, reaching $2.0 billion.
- The company's gross margin improved to 62.4%, up from 59.4% in the previous quarter.
- The scientific and technical instruments industry faces challenges from increasing competition and pricing pressures.
- Garmin's operating margin decreased to 30.4%, indicating potential efficiency issues.
- The company's trailing P/E ratio is 28.81, which may suggest overvaluation compared to industry peers.
Fundamentals
| Market cap | $51.77B | Enterprise value | $49.33B | Trailing P/E | 27.70 | Forward P/E | 24.11 |
| PEG | 2.94 | Price / book | 5.74 | Beta | 0.83 | Dividend yield | 1.56% |
| Revenue growth | 11.4% | Earnings growth | 35.3% | Gross margin | 60.1% | Operating margin | 30.4% |
| Profit margin | 24.5% | ROE | 21.9% | ROA | 12.2% | Debt / equity | 0.03 |
| Current ratio | 3.03 | Free cash flow | $1.04B | Analyst recommendation | none | Mean target | $302.00 |
| 52w high | $314.28 | 52w low | $186.67 |
Quarterly
| 2026-Q2 | 2026-Q1 | 2025-Q4 | 2025-Q3 | 2025-Q2 | |
|---|---|---|---|---|---|
| Revenue | $2.0B | $1.8B | $2.1B | $1.8B | $1.8B |
| Op margin | 30.4% | 24.6% | 28.9% | 25.8% | 26.0% |
| Net income | $542M | $405M | $529M | $402M | $401M |
| Gross margin | 62.4% | 59.4% | 59.2% | 59.1% | 58.8% |
| Gross profit | $1.3B | $1.0B | $1.3B | $1.0B | $1.1B |
| Operating income | $616M | $432M | $614M | $457M | $472M |
- Revenue +15% vs prior quarter ($2.0B vs $1.8B).
- Gross margin 62.4% (was 59.4% prior quarter).
- Operating margin expanded to 30.4%.
Yearly (6y)
| 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|
| Revenue | $7.2B | $6.3B | $5.2B | $4.9B | — |
| Op margin | 25.9% | 25.3% | 20.9% | 21.1% | — |
| Net income | $1.7B | $1.4B | $1.3B | $974M | — |
| Gross margin | 58.7% | 58.7% | 57.5% | 57.7% | — |
| Gross profit | $4.3B | $3.7B | $3.0B | $2.8B | — |
| Operating income | $1.9B | $1.6B | $1.1B | $1.0B | — |
No flags
• No distress or material-risk keywords in recent headlines (keyword scan only — not a guarantee).
News
2026-10-08 · Garmin (GRMN) Is More Diversified Than Many Investors Realize: Here’s Why
2026-10-07 · Garmin (GRMN) Could Be 8% Undervalued As New Wearables Test A Full Valuation
2026-10-06 · Enduro 4 smartwatch redefines ultraperformance with extreme battery life and advanced training features
2026-10-06 · /C O R R E C T I O N -- Soaak Technologies/
2026-10-06 · Meet Approach S72: Garmin's ultimate golf smartwatch
2026-10-05 · Garmin (GRMN) Surpasses Market Returns: Some Facts Worth Knowing
2026-10-05 · DAKT vs. GRMN: Which Stock Is the Better Value Option?
2026-10-01 · Apple Is Betting Improved Heart and Health Insights Will Boost Watch Sales
2026-10-01 · Garmin earns NMEA Manufacturer of the Year honors for a record 12th consecutive year
2026-09-29 · Here's Why Garmin (GRMN) Fell More Than Broader Market
2026-09-29 · Garmin and M/I Homes have been highlighted as Zacks Bull and Bear of the Day
2026-09-29 · Bull of the Day: Garmin Ltd. (GRMN)
Price (daily)
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