Garmin Ltd. (GRMN): Price and Financial Metrics

GRMN POWR Grades

• GRMN scores best on the Quality dimension, with a Quality rank ahead of 84.41% of US stocks.
• GRMN's strongest trending metric is Quality; it's been moving up over the last 177 days.
• GRMN's current lowest rank is in the Growth metric (where it is better than 8.43% of US stocks).

GRMN Stock Summary

• GRMN has a market capitalization of $18,842,481,253 -- more than approximately 89.17% of US stocks.
• The price/operating cash flow metric for GARMIN LTD is higher than 83.54% of stocks in our set with a positive cash flow.
• The ratio of debt to operating expenses for GARMIN LTD is higher than it is for about only 11.51% of US stocks.
• Stocks with similar financial metrics, market capitalization, and price volatility to GARMIN LTD are AEIS, KLIC, TER, SPNS, and LMNL.
• GRMN's SEC filings can be seen here. And to visit GARMIN LTD's official web site, go to www.garmin.com.

GRMN Valuation Summary

• In comparison to the median Technology stock, GRMN's price/earnings ratio is 19.92% lower, now standing at 19.5.
• GRMN's price/earnings ratio has moved down 7.1 over the prior 243 months.

Below are key valuation metrics over time for GRMN.

GRMN Growth Metrics

Its 3 year net cashflow from operations growth rate is now at -4.62%.
• The 5 year cash and equivalents growth rate now stands at 25.81%.
• The year over year revenue growth rate now stands at 15.45%.

GRMN's revenue has moved up $1,641,687,000 over the prior 49 months.

The table below shows GRMN's growth in key financial areas (numbers in millions of US dollars).

Date	Revenue	Operating Cash Flow	Net Income to Common Stock
2022-09-30	4,945.518	588.556	966.449
2022-06-30	4,997.057	679.861	1,014.64
2022-03-31	5,083.129	829.699	1,073.764
2021-12-31	4,982.795	1,012.427	1,082.2
2021-09-30	4,942.61	1,279.283	1,129.613
2021-06-30	4,859.831	1,308.198	1,183.991

GRMN's Quality Factors

The “Quality” component of the POWR Ratings focuses on 31 different factors of a companies fundamentals and operational strength. Here are some key insights as we drill into the specifics of these quality attributes.

• GRMN has a Quality Grade of B, ranking ahead of 83.97% of graded US stocks.
• GRMN's asset turnover comes in at 0.682 -- ranking 109th of 208 Electronic Equipment stocks.
• ALPP, MXL, and DGLY are the stocks whose asset turnover ratios are most correlated with GRMN.

The table below shows GRMN's key quality metrics over time.