GRMN
Garmin
Consumer Discretionary · Consumer Electronics · US
$236.57
Data: 2026-05-15
✓ ETHICAL PASS

MODERATE MOAT
HIGH
Data Confidence: 100.0%
Key Metrics

How this company measures up on the fundamentals that matter

Market Cap
$43.6B
Total market value of the company
25.22
Premium valuation
22.30
Based on estimated future earnings — lower means cheaper
Rev Growth
+14.2%
Year-over-year revenue change
Profit Margin
23.3%
How much profit the company keeps from each dollar of revenue
19.9%
Return on equity — how efficiently it uses shareholder money
Analyst Target
$261.71
+11% from current price — median analyst estimate
Recommendation
HOLD
Consensus view from 7 analysts covering this stock
About Garmin

Garmin Ltd. designs, develops, manufactures, markets, and distributes a diverse range of GPS-enabled products and navigation, communications, sensor-based, and information products and services worldwide. It offers running; cycling products; smartwatch devices; scales and monitors; and sports timing and performance analysis; Garmin Connect and Garmin Connect Mobile, which are web and mobile platforms where users can track and analyze their fitness, activities and workouts, and wellness data; and Connect IQ, which enables third parties to create applications that run on Garmin devices. It also provides adventure watches; outdoor handhelds and satellite communicators; golf devices; consumer automotive; dog devices; InReach and Gramin response; and dive devices. In addition, it designs, manufactures, and markets various aircraft avionics solutions, including integrated flight decks, electronic flight displays and instrumentation, navigation and communication products, automatic flight control systems and safety-enhancing technologies, audio control systems, engine indication systems, traffic awareness and avoidance solutions, ADS-B and transponders, weather information and avoidance solutions, datalink and connectivity solutions, and portable GPS navigators and wearables, as well as service products to the aviation market. Further, it offers chartplotters and multi-function displays, cartography, fishfinders, sonar, autopilot systems, radars, compliant instrument displays and sensors, VHF communication radios, handhelds and wearable devices, sailing, audio, digital switching, trolling motors, and lighting; and domain controllers and infotainment units, as well as software, map database, camera, wearable, and automotive solutions. The company sells its products through independent retailers, dealers, distributors, installation and repair shops, OEM, and online webshop. Garmin Ltd. was founded in 1989 and is based in Schaffhausen, Switzerland.

https://www.garmin.com

Country: Switzerland Employees: 23,000 Industry: Scientific & Technical Instruments
Ethical Screening

Five compliance checks based on AAOIFI standards — all must pass for ethical clearance

Business Activity
PASS
Core business does not involve prohibited activities
Debt Ratio
1.5% PASS
Debt must be below 33% of total assets
Cash Ratio
12.7% PASS
Interest-bearing cash below 33% of assets
Receivables
32.1% PASS
Receivables below 49% of assets
Revenue Purity
1.8% PASS
Non-compliant revenue below 5% — any excess requires purification
Valuation
$143.93
What our model estimates this business is worth per share
-64.4%
Trading above fair value — no margin of safety
Rating
OVERVALUED
Overall assessment combining ethics, valuation, and quality
92.1th
Ranks in the top 8% of our 13,571 screened universe
Ethical Score
82.1
Valuation Score
44.5
Quality Score
80.3
Combined
65.7

Trading at $226, 57% above fair value of $144. Moderate competitive position. 23% profit margins. Passes all ethical screens. Ranks better than 59% of screened stocks.

Quantitative Intelligence

Statistical analysis of price behaviour, risk, and market regime — independent of fundamental data

DISTRIBUTION
Smart money appears to be selling into strength — caution
0.767
Good returns relative to risk taken
0.0821
Suggested allocation is meaningful — the edge justifies a position
0.835
Acceptable balance between returns and drawdown risk
Annual Return
23.4%
Historical annualised return based on price data
-28.0%
Largest peak-to-trough decline — the worst it has been
SIDEWAYS
Price consolidating — no clear directional bias
Days in State
47
How long the current regime has persisted — longer means more stable
Market Data

Trading characteristics and market positioning

0.96
Less volatile than the market — more defensive
52W High
$273.32
13% below the year high
52W Low
$186.67
27% above the year low
Avg Volume
896,266
Average daily shares traded — higher means easier to buy and sell
4.6
Days it would take all short sellers to cover — higher means more crowded
Short % Float
2.2%
Low short interest — limited bearish positioning
1.8%
Annual dividend as a percentage of the share price
$8.96
Earnings per share over the last 12 months
Financial Health

Balance sheet strength and cash generation — the foundation of long-term value

0.02
Conservative use of debt — low financial risk
4.36
Strong balance sheet — comfortably covers short-term obligations
Quick Ratio
2.66
Like current ratio but excludes inventory — stricter test
Gross Margin
59.1%
Revenue left after cost of goods — higher means pricing power
Operating Margin
24.6%
Profit from core operations before interest and tax
$810M
Positive — the business generates more cash than it spends
Revenue (TTM)
$7.5B
Total revenue over the last 12 months
Net Income
$1.7B
Profitable — the bottom line is positive
Analyst Coverage
Analysts
7
Target High
$320.00
Target Median
$261.71
Target Low
$220.00
Recent Insider Activity

SEC Form 4 filings — what company insiders are buying and selling

Date Insider Title Type Shares Value
2026-05-18 BURRELL JONATHAN C Director 270,000
2026-05-08 BURRELL JONATHAN C Director 435,000
2026-05-08 MINARD LAURIE A Officer 1,084 $262,365
2026-05-04 BURRELL JONATHAN C Director 433,600
2026-03-13 BURRELL JONATHAN C Director 593,000
2026-03-11 BURRELL JONATHAN C Director 330,000
2026-03-10 LINK EDWARD J. Officer 1,275 $310,647
2026-02-26 PEMBLE CLIFTON A Chief Executive Officer 19,914 $5,010,041
2026-02-26 DESBOIS PATRICK Chief Operating Officer 6,694 $1,684,566
2026-02-26 MUNN MATTHEW W. Officer 5,275 $1,323,870
Source: SEC Form 4 filings via public data. View all insider activity at
Insider Intelligence
Explore the Ethical Screener View Track Record

Data sourced from public filings and market feeds. Not financial advice. Updated: 2026-05-15

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