SuperworthGarmin Ltd. GRMN
Hardware, Equipment & Parts, Technology
$276.16
−1.09%
- Market cap
- $53.3B
- PE
- 28.5×
- 10y median 21.3×
- Forward PE
- Price to sales
- 6.9×
- EV/EBIT
- 24.0×
- Revenue, 12 months
- $7.7B
- +14% on a year ago
- Net margin
- 24.5%
- Free cash flow yield
- 3.0%
Garmin trades at 28.5× trailing earnings, pricier than 93% of the last ten years. Revenue was $7.7B over the last twelve months, up 14% on a year earlier with a 24% net margin.
Charts
Financials
| Income statement | Q4 FY23 | Q1 FY24 | Q2 FY24 | Q3 FY24 | Q4 FY24 | Q1 FY25 | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| $1.5B | $1.4B | $1.5B | $1.6B | $1.8B+23% | $1.5B+11% | $1.8B+20% | $1.8B+12% | $2.1B+17% | $1.8B+14% | $2B+11% | |
| Cost of revenue | $618.4M | $579.5M | $643.8M | $634.4M | $742.6M+20% | $650.6M+12% | $747.6M+16% | $724.4M+14% | $866.7M+17% | $711.2M+9% | $760.1M+2% |
| Gross profit | $864.1M | $802.1M | $862.9M | $951.6M | $1.1B+25% | $884.5M+10% | $1.1B+24% | $1B+10% | $1.3B+17% | $1B+18% | $1.3B+18% |
| R&D | $237.2M | $242.5M | $243.2M | $249.2M | $258.8M+9% | $268.1M+11% | $276.7M+14% | $286.5M+15% | $295M+14% | $295.8M+10% | $303.9M+10% |
| SG&A | $286.4M | $261.2M | $277.7M | $265M | $305.1M+7% | $283.6M+9% | $318.1M+15% | $303.2M+14% | $349.1M+14% | $314.8M+11% | $342.6M+8% |
| $340.5M | $298.4M | $342M | $437.5M | $516.1M+52% | $332.8M+12% | $472.3M+38% | $456.8M+4% | $614.2M+19% | $431.7M+30% | $615.5M+30% | |
| Pre-tax income | $383M | $327M | $366M | $486.3M | $516.1M+35% | $389.1M+19% | $480.3M+31% | $509.8M+5% | $635.4M+23% | $472.5M+21% | $651.1M+36% |
| −$159.1M | $51.1M | $65.3M | $87.1M | $80.4M | $56.3M+10% | $79.4M+22% | $108.2M+24% | $106.7M+33% | $67.5M+20% | $109.1M+37% | |
| Net income | $542.1M | $276M | $300.6M | $399.1M | $435.7M−20% | $332.8M+21% | $400.8M+33% | $401.6M+1% | $528.7M+21% | $405.1M+22% | $541.9M+35% |
| $2.82 | $1.43 | $1.56 | $2.07 | $2.25−20% | $1.72+20% | $2.07+33% | $2.08+1% | $2.73+21% | $2.09+22% | $2.80+35% | |
| 192.6M | 192.7M | 192.9M | 193.2M | 193.8M+1% | 193.7M+1% | 193.4M+0% | 193.5M+0% | 193.8M+0% | 193.6M−0% | 193.5M+0% |
From each company's 10-Q and 10-K filings. Fiscal years are four fiscal quarters added up; balance sheet lines are as of the period's end. Growth is on the same period a year earlier.
Estimates
Next earnings report: .
Analyst consensus for the next eight quarters, with the range from the lowest to the highest estimate, is part of Superworth Pro.
Peers
Companies in Hardware, Equipment & Parts within ten times Garmin's size, closest in size first.
| Company | Market cap | PE | Its 10y median PE | Fwd PE | P/S | Revenue growth | Net margin |
|---|---|---|---|---|---|---|---|
| GRMNGarmin Ltd. | $53.3B | 28.5× | 21.3× | 6.9× | +14% | 24.5% | |
| FLEXFlex Ltd. | $44.1B | 46.1× | 17.8× | 1.5× | +12% | 3.3% | |
| KEYSKeysight Technologies, Inc. | $64.9B | 52.5× | 35.9× | 9.9× | +26% | 19.1% | |
| COHRCoherent, Inc. | $65.5B | 81.4× | 30.0× | 9.2× | +23% | 11.3% | |
| CLSCelestica Inc. | $42.7B | 38.5× | 15.1× | 2.7× | +47% | 7.2% | |
| JBLJabil Inc. | $31.4B | 37.4× | 25.8× | 0.9× | +18% | 2.6% | |
| TDYTeledyne Technologies Incorporated | $28B | 29.2× | 29.2× | 4.4× | +8% | 15.3% | |
| GLWCorning Inc | $140.6B | 74.2× | 39.0× | 8.3× | +19% | 11.2% | |
| APHAmphenol Corporation | $215.9B | 43.9× | 31.5× | 7.4× | +54% | 17.7% | |
| Peer median | $54.5B | 45.0× | 29.6× | 5.9× | +21% | 11.3% |
About
- Industry
- Hardware, Equipment & Parts
- Sector
- Technology
Valuation data, not investment advice. Prices as of .