Garmin Ltd. (grmn)
GRMN — Company Overview
Garmin Ltd. (GRMN) is a large-cap company in the Technology sector, operating in Scientific & Technical Instruments.
| Ticker | GRMN |
| Sector | Technology |
| Industry | Scientific & Technical Instruments |
| Exchange | NYQ |
| Market cap | $55.46B |
| Last price | $287.58 |
| Size category | Large Cap |
GRMN — Business Description
Garmin Ltd. (GRMN) operates in Scientific & Technical Instruments within the broader Technology market. Garmin 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. 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. It also provides adventure watches; outdoor handhelds and satellite communicators; golf devices; consumer automotive; dog devic…
Official website: https://www.garmin.com.
GRMN — Investment Thesis
The investment thesis for Garmin Ltd. (GRMN) rests on how Technology dynamics, profitability, and valuation interact at today's price.
- Revenue is expanding at roughly 11.4% year-over-year (public data).
- Trailing P/E of 29.71× sits in a moderate band relative to high-growth peers.
- Forward P/E (26.13×) is below trailing P/E — earnings may be expected to improve.
- Dividend yield near 1.5% adds an income component to total return.
- Equity market capitalization is approximately $55.46B.
See the free estimates and earnings pages for public targets and growth metrics. Ownership, live news, and deeper models remain in Vest Terminal.
GRMN — Financial Health
Financial health for Garmin Ltd. (GRMN) is summarized from publicly reported profitability, leverage, and cash-flow metrics.
Profit margin of 24.5% indicates solid bottom-line conversion. Positive free cash flow of $1.04B supports balance-sheet flexibility.
| Trailing P/E | 29.71× |
| Forward P/E | 26.13× |
| Price / Sales | 7.23× |
| Price / Book | 6.14× |
| Gross margin | 60.1% |
| Operating margin | 30.4% |
| Profit margin | 24.5% |
| Return on equity | 21.9% |
| Debt / Equity | 2.51 |
| Free cash flow | $1.04B |
GRMN — Growth Outlook
Growth outlook for Garmin Ltd. (GRMN) depends on demand trends in Scientific & Technical Instruments and the company's ability to convert revenue into sustainable earnings.
- Revenue growth of 11.4% indicates strong top-line momentum.
- Earnings growth of 35.3% year-over-year supports improving profitability.
- Price is 8.5% below the 52-week high.
GRMN — Competitive Position
Garmin Ltd. (GRMN) is evaluated against peers on scale, margin structure, and capital efficiency within Technology.
- Competes within Technology, specifically in Scientific & Technical Instruments.
- Market capitalization of $55.46B places GRMN among large-cap peers.
- Gross margin near 60.1% may reflect pricing power or favorable mix.
GRMN — Strengths
Strengths for Garmin Ltd. (GRMN) inferred from public financial metrics:
- Revenue growth of 11.4% year-over-year.
- Earnings growth of 35.3% year-over-year.
- Return on equity near 21.9% — efficient use of shareholder capital.
- Gross margin of 60.1% supports competitive unit economics.
- Positive free cash flow ($1.04B).
- Moderate leverage (debt/equity 2.51).
GRMN — Weaknesses
Weaknesses and pressure points for Garmin Ltd. (GRMN) based on available data:
Insufficient public data to assess this factor.
GRMN — Opportunities
- Sustained revenue growth (11.4%) could support multiple expansion if margins hold.
- Positive free cash flow enables reinvestment, debt reduction, or shareholder returns.
GRMN — Risks
- Standard market, regulatory, competitive, and execution risks apply to all public equities.
GRMN — Summary
Garmin Ltd. (GRMN) is a large-cap Technology company focused on Scientific & Technical Instruments, listed on NYQ. Last price $287.58 with market cap $55.46B. Trailing P/E 29.71×. Revenue grew 11.4% year-over-year per public data. Notable strengths include revenue growth of 11.4% year-over-year. Public estimates and earnings snapshots for Garmin Ltd. are on this site; ownership, live news, and deeper models remain in Vest Terminal.
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Garmin Ltd. FAQ
What does Garmin Ltd. (GRMN) do?
Garmin 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. It offers running; cycling products; smartwatch devices; scales and monito…
What is GRMN's P/E ratio?
Garmin Ltd. has a trailing P/E of 29.71× based on publicly available market data.
Does GRMN pay a dividend?
Indicated dividend yield: 1.5%. Confirm ex-dates and payout history in Vest Terminal.
What sector is GRMN in?
Garmin Ltd. is classified in Technology (Scientific & Technical Instruments) on NYQ.
What is GRMN's market capitalization?
Approximate market cap: $55.46B.
What are the main risks for GRMN?
Standard market, competitive, and execution risks apply; see the Risks section.
What are the strengths of GRMN?
Potential positives include revenue growth of 11.4% year-over-year, earnings growth of 35.3% year-over-year.
Where can I get analyst estimates for GRMN?
Public analyst price targets and consensus for Garmin Ltd. are on the free /stocks/grmn/estimates page. Deeper estimate history and models are available in Vest Terminal.