GRMN
Garmin
$236.34
▲ 0.9%Updated Today 7:15 PM ET
▲ Up 18.1% over the last 12 months
Market Cap
$45.17B
P/E
26.06x
Forward P/E (est.)
22.04x
ROE
19.9%
Revenue Growth
15.7%
EPS Growth
18.2%
Profit Margin
23.3%
FCF Yield
2.7%
Debt / Equity
0x
ROIC
16.0%
Interest Coverage
—
Current Ratio
4.36x
Dividend Yield
1.8%
Implied Growth (rev. DCF)
5.8%
Rating Score
68/100
Technical analysis reads price and volume to judge momentum and timing. It complements the fundamentals above — it does not replace them. Here is what GRMN's chart says today, with each tool explained.
Trend — moving averages. A moving average is the average closing price over a window, which smooths out daily noise. GRMN trades near $236.34, around its 50-day average ($244.64) and 200-day average ($228.80). Price tangled in its moving averages means there is no clear trend — the stock is ranging.
Momentum — RSI. The Relative Strength Index runs 0–100 and measures how strong recent gains are versus losses. Above 70 is "overbought", below 30 "oversold". At 45 it is in neutral territory — neither stretched nor washed out.
MACD. MACD compares two moving averages to flag shifts in momentum. Its histogram is currently positive — short-term momentum is improving.
Volatility — ATR. Average True Range is the typical daily move. GRMN's is $6.11 (~2.6% of price), so swings of about that size each day are normal — handy for setting a stop that isn't too tight.
Support & resistance. Over the last month GRMN found buyers near $226.96 (support) and sellers near $242.92 (resistance); its 52-week range is $186.67–$273.32. A decisive break beyond either edge often marks the next move.
Volume. The latest session traded 1.4× the 20-day average — heavier than usual, which adds conviction to the move. Rising volume on up-days suggests real buying; on down-days, real selling.
Educational information to help you read a chart — not a recommendation or a forecast. It updates daily as the price and indicators change.
Garmin (GRMN) is a large-cap company in the Consumer Electronics industry, part of the Consumer Discretionary sector of the S&P 500, with a market value around $45.17B.
In its latest reported year it generated about $7.25B in revenue and $1.66B in net profit.
Our model rates GRMN Favorable (68/100) on growth, profitability, financial health, and valuation. The summary below is built from its filed financials and current ratios and refreshes automatically.
4Y CAGR
9.8%
Revenue moved from $4.98B in 2021 to $7.25B in 2025, a 9.8% compound annual growth rate. The most recent year grew a strong 15.7% year over year. Consistent top-line growth is one sign of healthy demand.
Gross Margin
58.7%
Operating Margin
25.9%
Net Margin
23.0%
ROE
19.9%
Garmin keeps about 23.3% of each sales dollar as net profit, with a 58.7% gross margin and 25.9% operating margin. Return on equity is 19.9% and return on invested capital about 16.0%. Margins this wide usually signal pricing power or a cost advantage.
Total Debt
—
Net Debt
—
Net Debt / EBITDA
—
Debt / Equity
0x
Leverage: debt-to-equity is 0.0x, with a current ratio of 4.4x. That is a conservative balance sheet — a cushion in downturns.
Operating CF
$1.63B
Free Cash Flow
$1.36B
FCF Margin
18.8%
In the latest year Garmin produced about $1.63B of operating cash flow and $1.36B of free cash flow after capital spending. That is a free-cash-flow yield of about 2.7% on today's price. Cash flow is what ultimately pays shareholders, so it is worth tracking over time.
P/E
26.06x
P/S
6.27x
P/B
4.39x
EV / EBITDA
—
GRMN trades at 26.1x trailing earnings (about 22.0x on estimated forward earnings), 6.3x sales, and 4.4x book value. Reverse-engineering today's price implies the market expects roughly 5.8% long-term free-cash-flow growth. That is a premium multiple that needs growth to justify it.
Where this stock sits versus what most companies trade at.
Typical ranges are general references (e.g., many stocks trade at ~18–26x earnings), not hard rules. Context only — not investment advice.
How GRMN stacks up against its Consumer Discretionary peers — valuation, profitability, and growth versus the sector median.
In the Consumer Discretionary sector (48 S&P 500 companies), GRMN ranks #5 of 48 by our overall rating. It trades at roughly in line versus the sector on earnings (26.1x P/E vs. 23.7x median) with a lower return on equity (19.9% vs. 39.2%) and faster revenue growth (15.7% vs. 6.2%).
P/E vs sector
26.1x
median 23.7x
ROE vs sector
19.9%
median 39.2%
Growth vs sector
15.7%
median 6.2%
Sector rank
#5
of 48 by rating
Valuation vs. quality map
The sweet spot is upper-left: more profitable (higher ROE) for a lower P/E. Dashed lines mark the sector median.
Peers are the closest Consumer Discretionary companies by sub-industry and size. Sector median is across all 48 S&P 500 names in the sector. Educational, not a recommendation.
Project revenue → earnings → price. Edit the assumptions to build your own case.
2030 price target (Base Case)
$290.38 – $471.88
vs. $236.34 today · expected CAGR 4% – 15%
| Metric | 2026 | 2027 | 2028 | 2029 | 2030 |
|---|---|---|---|---|---|
| Revenue | $8.40B | $9.75B | $11.31B | $13.12B | $15.22B |
| Net income | $1.93B | $2.24B | $2.60B | $3.02B | $3.50B |
| EPS | $10.02 | $11.63 | $13.49 | $15.65 | $18.15 |
| Share price (low) | $160.38 | $186.04 | $215.80 | $250.33 | $290.38 |
| Share price (high) | $260.61 | $302.31 | $350.68 | $406.79 | $471.88 |
| CAGR (low–high) | -32% / 10% | -11% / 13% | -3% / 14% | 1% / 15% | 4% / 15% |
Educational model on sample fundamentals — not a forecast or investment advice. Outputs are only as good as your assumptions.
The case for GRMN:
- Revenue is growing 15.7% a year, a sign of real demand.
- High net margins (23.3%) point to pricing power or efficiency.
- Strong return on equity (19.9%) shows capital is put to work well.
- A conservative balance sheet (debt/equity 0.0x) lowers risk.
- Our model's overall read is Favorable (68/100).
The case against GRMN:
- Like any single stock, it is exposed to competition, the economic cycle, and shifts in its end markets.
Market risk — sector rotation, the economic cycle, and broad sentiment move the stock regardless of fundamentals.
On balance, the fundamentals screen favourably: Garmin is a large-cap consumer discretionary business still growing nicely, with solid profitability, and a sound balance sheet. It trades at 26.1x earnings, which our model scores Favorable (68/100). Weigh this against your own goals and time horizon — this is educational information, not a recommendation.
Data notice. Fundamentals and financial statements are sourced from company filings (SEC EDGAR) and market-data providers; prices and market caps refresh on trading days and may be delayed. Ratings, projections, technical signals, and written summaries are model- or rule-generated for education and may simplify or lag the latest filings.
Not advice. Nothing on this page is investment advice or a recommendation to buy, hold, or sell any security. Do your own research and consult a licensed financial professional before investing.