| Annual · values | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross Margin | 58.74% | 58.70% | 57.48% | 57.75% | 58.01% | 59.27% | 59.45% | 59.14% | 57.12% | 55.64% | 54.56% | 55.89% |
| Operating Margin | 25.89% | 25.31% | 20.89% | 21.15% | 24.46% | 25.18% | 25.17% | 23.25% | 21.43% | 20.67% | 19.49% | 24.06% |
| EBITDA Margin | 28.00% | 27.55% | 23.42% | 23.59% | 26.53% | 27.05% | 27.08% | 25.19% | 23.35% | 22.52% | 21.31% | 25.75% |
| Net Margin | 22.96% | 22.41% | 24.67% | 20.03% | 21.72% | 23.70% | 25.35% | 20.73% | 22.26% | 16.92% | 16.18% | 12.69% |
| Current Ratio | 3.63 | 3.54 | 3.41 | 3.26 | 2.94 | 3.15 | 2.95 | 2.89 | 2.85 | 2.89 | 2.55 | 2.43 |
| Quick Ratio | 2.60 | 2.56 | 2.38 | 2.01 | 2.10 | 2.50 | 2.22 | 2.28 | 2.23 | 2.27 | 1.98 | 2.02 |
| Debt / Equity | — | — | — | — | — | — | — | — | — | — | — | — |
| ROE | 18.54% | 17.98% | 18.39% | 15.69% | 17.70% | 17.99% | 19.87% | 16.67% | 18.28% | 14.94% | 13.64% | 10.70% |
| ROA | 15.13% | 14.66% | 14.99% | 12.59% | 13.78% | 14.11% | 15.45% | 12.89% | 13.87% | 11.29% | 10.14% | 7.76% |
| Asset Turnover | 0.66 | 0.65 | 0.61 | 0.63 | 0.63 | 0.60 | 0.61 | 0.62 | 0.62 | 0.67 | 0.63 | 0.61 |
| Book Value / Share | 46.34 | 40.61 | 36510.12 | 32139.85 | 31.67 | 28.75 | 25.11 | 21941.11 | 20147.44 | 18051.91 | 17503.94 | 17528.22 |
Garmin Ltd. is a leading provider of GPS-enabled devices and wireless technology worldwide. The company designs, develops, manufactures, markets, and distributes a diverse portfolio of products across five primary segments: Outdoor, Fitness, Marine, Aviation, and Auto OEM. In fitness and multisport, it offers running watches, cycling products, smartwatches, scales, monitors, and platforms like Garmin Connect and Connect IQ for tracking activities, workouts, wellness data, and third-party app development. The outdoor segment includes adventure watches, handhelds, and satellite communicators for hiking, golf, and dog tracking. Marine products feature navigation systems, cartography, sounders, radar, autopilots, and audio solutions. Aviation provides advanced avionics and instruments, while Auto OEM supplies navigation and infotainment systems to vehicle manufacturers. Garmin Ltd. supports active lifestyles, marine navigation, flight operations, and automotive integration through durable, sensor-based hardware and software. Incorporated in Switzerland and headquartered in Schaffhausen, it serves consumers, professionals, and OEM partners globally.