Garmin Ltd. (GRMN): Price and Financial Metrics

GRMN POWR Grades

• GRMN scores best on the Quality dimension, with a Quality rank ahead of 89% of US stocks.
• The strongest trend for GRMN is in Quality, which has been heading up over the past 179 days.
• GRMN ranks lowest in Growth; there it ranks in the 24th percentile.

GRMN Stock Summary

• GRMN has a higher market value than 89.84% of US stocks; more precisely, its current market capitalization is $19,647,445,817.
• For GRMN, its debt to operating expenses ratio is greater than that reported by merely 11.79% of US equities we're observing.
• In terms of volatility of its share price, GRMN is more volatile than merely 13.56% of stocks we're observing.
• Stocks that are quantitatively similar to GRMN, based on their financial statements, market capitalization, and price volatility, are XPEV, AEIS, KLIC, BJDX, and CIEN.
• Visit GRMN's SEC page to see the company's official filings. To visit the company's web site, go to www.garmin.com.

GRMN Valuation Summary

• In comparison to the median Technology stock, GRMN's price/sales ratio is 64% higher, now standing at 4.1.
• Over the past 243 months, GRMN's price/earnings ratio has gone down 10.9.

Below are key valuation metrics over time for GRMN.

GRMN Growth Metrics

Its 5 year revenue growth rate is now at 26.85%.
• Its year over year net income to common stockholders growth rate is now at 2.15%.
• Its 2 year net cashflow from operations growth rate is now at 9.19%.

Over the past 52 months, GRMN's revenue has gone up $1,556,455,000.

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
2022-12-31	4,860.286	788.259	973.585
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

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.