Garmin Ltd. (GRMN) — Financial ratios
Profitability, liquidity, leverage, and valuation ratios for Garmin Ltd., with annual and quarterly history.
| Metric | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|---|
| Valuation | ||||||
| P/E Ratio | 23.77x | 28.50x | 19.08x | 18.25x | 24.18x | 23.04x |
| P/B Ratio | 4.41x | 5.13x | 3.51x | 2.86x | 4.28x | 4.15x |
| P/S Ratio | 5.46x | 6.39x | 4.71x | 3.66x | 5.25x | 5.46x |
| Profitability | ||||||
| Gross Margin | 58.7% | 58.7% | 57.5% | 57.7% | 58.0% | 59.3% |
| Operating Margin | 25.9% | 25.3% | 20.9% | 21.1% | 24.5% | 25.2% |
| Net Margin | 23.0% | 22.4% | 24.7% | 20.0% | 21.7% | 23.7% |
| EBITDA Margin | 28.5% | 28.2% | 24.3% | 24.5% | 27.6% | 28.2% |
| Liquidity | ||||||
| Current Ratio | 3.63x | 3.54x | 3.41x | 3.26x | 2.94x | 3.15x |
| Quick Ratio | 2.60x | 2.56x | 2.38x | 2.01x | 2.10x | 2.50x |
| Leverage | ||||||
| Debt/Equity | 0.02x | 0.02x | 0.02x | 0.02x | 0.01x | 0.01x |
YoY = year-over-year change. Source: FMP..