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Asset Utilization RatioAssets AverageEBIT MarginEBITDA MarginEBT MarginEnterprise ValueEquity AverageEquity RatioFCF MarginFCF Payout RatioGross MarginInventory AverageInvested CapitalNet MarginOperating MarginReturn on AssetsReturn on Capital EmployedReturn on EquityReturn on Invested CapitalReturn on Sales

Garmin (GRMN) Asset Utilization Ratio (2018 - 2025)

Historic Asset Utilization Ratio for Garmin (GRMN) over the last 15 years, with Q3 2025 value amounting to 0.67.

  • Garmin's Asset Utilization Ratio rose 193.14% to 0.67 in Q3 2025 from the same period last year, while for Sep 2025 it was 0.67, marking a year-over-year increase of 193.14%. This contributed to the annual value of 0.69 for FY2024, which is 789.43% up from last year.
  • Per Garmin's latest filing, its Asset Utilization Ratio stood at 0.67 for Q3 2025, which was up 193.14% from 0.67 recorded in Q2 2025.
  • Over the past 5 years, Garmin's Asset Utilization Ratio peaked at 0.67 during Q2 2021, and registered a low of 0.63 during Q2 2023.
  • Moreover, its 5-year median value for Asset Utilization Ratio was 0.64 (2024), whereas its average is 0.65.
  • Its Asset Utilization Ratio has fluctuated over the past 5 years, first skyrocketed by 1007.41% in 2021, then crashed by 456.15% in 2022.
  • Garmin's Asset Utilization Ratio (Quarter) stood at 0.65 in 2021, then decreased by 2.03% to 0.63 in 2022, then decreased by 0.28% to 0.63 in 2023, then increased by 5.15% to 0.66 in 2024, then grew by 0.38% to 0.67 in 2025.
  • Its last three reported values are 0.67 in Q3 2025, 0.67 for Q2 2025, and 0.66 during Q1 2025.