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Garmin NYSE:GRMN Stock Report

Last Price

US$217.82

Market Cap

US$41.4b

7D

2.6%

1Y

71.4%

Updated

21 Jan, 2025

Data

Company Financials +

GRMN Stock Overview

Designs, develops, manufactures, markets, and distributes a range of wireless devices worldwide. More details

GRMN fundamental analysis
Snowflake Score
Valuation0/6
Future Growth1/6
Past Performance6/6
Financial Health6/6
Dividends4/6

Rewards

Risk Analysis

GRMN passed our risk checks.

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Garmin Ltd. Competitors

Price History & Performance

Summary of share price highs, lows and changes for Garmin
Historical stock prices
Current Share PriceUS$217.82
52 Week HighUS$222.97
52 Week LowUS$119.15
Beta0.99
1 Month Change4.23%
3 Month Change34.81%
1 Year Change71.44%
3 Year Change79.47%
5 Year Change113.72%
Change since IPO2,078.20%

Recent News & Updates

Here's Why We Think Garmin (NYSE:GRMN) Might Deserve Your Attention Today

Jan 20
Here's Why We Think Garmin (NYSE:GRMN) Might Deserve Your Attention Today

Recent updates

Here's Why We Think Garmin (NYSE:GRMN) Might Deserve Your Attention Today

Jan 20
Here's Why We Think Garmin (NYSE:GRMN) Might Deserve Your Attention Today

Garmin: Defying The Odds

Dec 28

Garmin (NYSE:GRMN) Hasn't Managed To Accelerate Its Returns

Dec 26
Garmin (NYSE:GRMN) Hasn't Managed To Accelerate Its Returns

Is It Too Late To Consider Buying Garmin Ltd. (NYSE:GRMN)?

Dec 01
Is It Too Late To Consider Buying Garmin Ltd. (NYSE:GRMN)?

Garmin's Q3 Was Striking, But So Is The Valuation

Nov 21

Earnings Not Telling The Story For Garmin Ltd. (NYSE:GRMN) After Shares Rise 27%

Nov 07
Earnings Not Telling The Story For Garmin Ltd. (NYSE:GRMN) After Shares Rise 27%

Garmin Ltd. Just Recorded A 46% EPS Beat: Here's What Analysts Are Forecasting Next

Nov 01
Garmin Ltd. Just Recorded A 46% EPS Beat: Here's What Analysts Are Forecasting Next

Garmin (NYSE:GRMN) Is Due To Pay A Dividend Of $0.75

Oct 30
Garmin (NYSE:GRMN) Is Due To Pay A Dividend Of $0.75

Garmin (NYSE:GRMN) Has Announced A Dividend Of $0.75

Oct 16
Garmin (NYSE:GRMN) Has Announced A Dividend Of $0.75

Garmin Ltd.'s (NYSE:GRMN) Intrinsic Value Is Potentially 20% Below Its Share Price

Oct 13
Garmin Ltd.'s (NYSE:GRMN) Intrinsic Value Is Potentially 20% Below Its Share Price

Garmin (NYSE:GRMN) Will Pay A Dividend Of $0.75

Oct 01
Garmin (NYSE:GRMN) Will Pay A Dividend Of $0.75

Garmin: Solid Dividend Stock, But Margin Headwinds And Downside Risks Raise Concern

Sep 22

Garmin (NYSE:GRMN) Hasn't Managed To Accelerate Its Returns

Sep 19
Garmin (NYSE:GRMN) Hasn't Managed To Accelerate Its Returns

Garmin: A Beat And Raise Helped Its Valuation, But Not Enough

Sep 10

Garmin's (NYSE:GRMN) Dividend Will Be $0.75

Sep 05
Garmin's (NYSE:GRMN) Dividend Will Be $0.75

Why Garmin Ltd. (NYSE:GRMN) Could Be Worth Watching

Aug 28
Why Garmin Ltd. (NYSE:GRMN) Could Be Worth Watching

Garmin's (NYSE:GRMN) Dividend Will Be $0.75

Aug 14
Garmin's (NYSE:GRMN) Dividend Will Be $0.75

Garmin's (NYSE:GRMN) Dividend Will Be $0.75

Jul 31
Garmin's (NYSE:GRMN) Dividend Will Be $0.75

Garmin's (NYSE:GRMN) Dividend Will Be $0.75

Jul 11
Garmin's (NYSE:GRMN) Dividend Will Be $0.75

Garmin: Innovative Niche Products Will Lead To Continued Success

Jul 02

Garmin (NYSE:GRMN) Will Pay A Dividend Of $0.75

Jun 27
Garmin (NYSE:GRMN) Will Pay A Dividend Of $0.75

Garmin (NYSE:GRMN) Will Pay A Larger Dividend Than Last Year At $0.75

Jun 13
Garmin (NYSE:GRMN) Will Pay A Larger Dividend Than Last Year At $0.75

Garmin: Slightly Too Expensive, Needs To Prove It Can Improve Profitability

Jun 06

Garmin (NYSE:GRMN) Has Announced That It Will Be Increasing Its Dividend To $0.75

May 11
Garmin (NYSE:GRMN) Has Announced That It Will Be Increasing Its Dividend To $0.75

Garmin (NYSE:GRMN) Has Announced That It Will Be Increasing Its Dividend To $0.75

Apr 27
Garmin (NYSE:GRMN) Has Announced That It Will Be Increasing Its Dividend To $0.75

Garmin (NYSE:GRMN) Has Announced That It Will Be Increasing Its Dividend To $0.75

Apr 10
Garmin (NYSE:GRMN) Has Announced That It Will Be Increasing Its Dividend To $0.75

Garmin: Wearables Trends Remain Strong

Mar 29

Garmin's (NYSE:GRMN) Shareholders Will Receive A Bigger Dividend Than Last Year

Mar 26
Garmin's (NYSE:GRMN) Shareholders Will Receive A Bigger Dividend Than Last Year

Garmin (NYSE:GRMN) Is Paying Out A Dividend Of $0.73

Mar 12
Garmin (NYSE:GRMN) Is Paying Out A Dividend Of $0.73

Garmin (NYSE:GRMN) Will Pay A Dividend Of $0.73

Feb 13
Garmin (NYSE:GRMN) Will Pay A Dividend Of $0.73

Shareholder Returns

GRMNUS Consumer DurablesUS Market
7D2.6%6.2%3.1%
1Y71.4%9.2%23.7%

Return vs Industry: GRMN exceeded the US Consumer Durables industry which returned 9.2% over the past year.

Return vs Market: GRMN exceeded the US Market which returned 23.7% over the past year.

Price Volatility

Is GRMN's price volatile compared to industry and market?
GRMN volatility
GRMN Average Weekly Movement7.2%
Consumer Durables Industry Average Movement6.8%
Market Average Movement6.5%
10% most volatile stocks in US Market18.9%
10% least volatile stocks in US Market3.2%

Stable Share Price: GRMN has not had significant price volatility in the past 3 months compared to the US market.

Volatility Over Time: GRMN's weekly volatility (7%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
198919,900Cliff Albert Pemblewww.garmin-india.com

Garmin Ltd. designs, develops, manufactures, markets, and distributes a range of wireless devices worldwide. Its Fitness segment offers running and multi-sport watches; cycling products; smartwatch devices; scales and monitors; and fitness accessories. This segment also provides 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, an application development platform.

Garmin Ltd. Fundamentals Summary

How do Garmin's earnings and revenue compare to its market cap?
GRMN fundamental statistics
Market capUS$41.42b
Earnings (TTM)US$1.52b
Revenue (TTM)US$5.96b

27.6x

P/E Ratio

7.0x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
GRMN income statement (TTM)
RevenueUS$5.96b
Cost of RevenueUS$2.48b
Gross ProfitUS$3.48b
Other ExpensesUS$1.96b
EarningsUS$1.52b

Last Reported Earnings

Sep 28, 2024

Next Earnings Date

Feb 19, 2025

Earnings per share (EPS)7.90
Gross Margin58.43%
Net Profit Margin25.48%
Debt/Equity Ratio0%

How did GRMN perform over the long term?

See historical performance and comparison

Dividends

1.4%

Current Dividend Yield

38%

Payout Ratio

Does GRMN pay a reliable dividends?

See GRMN dividend history and benchmarks
When do you need to buy GRMN by to receive an upcoming dividend?
Garmin dividend dates
Ex Dividend DateMar 14 2025
Dividend Pay DateMar 28 2025
Days until Ex dividend51 days
Days until Dividend pay date65 days

Does GRMN pay a reliable dividends?

See GRMN dividend history and benchmarks

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/01/21 22:59
End of Day Share Price 2025/01/21 00:00
Earnings2024/09/28
Annual Earnings2023/12/30

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Garmin Ltd. is covered by 37 analysts. 8 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Richard RadbourneAtlantic Equities LLP
John BrightAvondale Partners
William PowerBaird