Garmin price to free cash flow GRMN
Market value divided by free cash flow over the last twelve months, since 2010.
- Today, Oct 23, 2026
- 35.4×
- 10-year median
- 26.4×
- Against its 10-year history
- 87th
- percentile: 0 is its lowest day, 100 its highest
- 10-year range
- 15.7× to 68.5×
- Peer median
- 34.2×
Garmin's price to free cash flow is 35.4× as of Oct 23, 2026.
That is above its ten-year median of 26.4×, higher than on 87% of days in the last ten years.
Over that time it ranged from 15.7× in Apr 2017 to 68.5× in Feb 2023.
The median for 10 electronic components stocks of a similar size is 34.2×.
Price to free cash flow over time
The dashed line is the 10-year median and the shaded band the middle half of its days.
Year by year
| Year | End of year | Low | High |
|---|---|---|---|
| 2026 so far | 35.4× | 29.1× | 37.8× |
| 2025 | 29.7× | 27.7× | 43.9× |
| 2024 | 32.0× | 21.4× | 33.4× |
| 2023 | 22.9× | 20.6× | 68.5× |
| 2022 | 62.3× | 22.4× | 64.1× |
| 2021 | 25.1× | 24.0× | 32.5× |
| 2020 | 29.7× | 21.7× | 35.4× |
| 2019 | 35.0× | 17.5× | 35.1× |
| 2018 | 17.2× | 16.8× | 23.8× |
| 2017 | 21.8× | 15.7× | 22.8× |
| 2016 | 17.4× | 16.8× | 44.5× |
| 2015 | 39.6× | 19.3× | 44.6× |
| 2014 | 24.5× | 15.6× | 26.8× |
| 2013 | 16.1× | 10.5× | 18.4× |
| 2012 | 12.0× | 10.8× | 13.4× |
| 2011 | 11.1× | 7.4× | 11.2× |
| 2010 | 7.5× | 5.9× | 7.7× |
Against its peers
Companies in Hardware, Equipment & Parts nearest Garmin's size, closest first, today.
| Company | Price to free cash flow |
|---|---|
| GRMNGarmin | 35.4× |
| KEYSKeysight Technologies | 36.5× |
| COHRCoherent | n/m |
| GLWCorning | 44.5× |
| CLSCelestica | 57.6× |
| TDYTeledyne Technologies | 25.4× |
| JBLJabil | 22.0× |
| FLEXFlex | 34.2× |
| FTVFortive | 19.1× |
| APHAmphenol | 38.8× |
| MKSIMKS | 29.2× |
| Peer median | 34.2× |
What the price to free cash flow tells you
Market value divided by free cash flow: the cash left after running the business and paying for equipment. Cash is harder to manage than accounting earnings, so many investors trust this more than PE.
Lumpy: a big year of building factories drops cash flow and inflates the ratio without the business getting worse.
More on Garmin
Valuation data, not investment advice. Prices as of . Reported figures come from the company's filings with the SEC.