Garmin (GRMN) Asset Utilization Ratio (2009 - 2026)

Garmin (GRMN) has 16 years of Asset Utilization Ratio data on file, last reported at 0.68 in Q1 2026.

• Quarterly Asset Utilization Ratio rose 2.38% year-over-year to 0.68 in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 0.68 (up 2.38% YoY) and the FY2025 annual result came in at 0.7, up 1.73% from the prior year.
• Asset Utilization Ratio grew to 0.68 in Q1 2026 per GRMN's latest filing, from 0.67 in the prior quarter.
• The five-year high for Asset Utilization Ratio was 0.68 in Q1 2026, with the low at 0.63 in Q2 2023.
• Average Asset Utilization Ratio over 5 years is 0.65, with a median of 0.64 recorded in 2024.
• Year-over-year, Asset Utilization Ratio slipped 4.56% in 2022 and advanced 5.15% in 2024.
• Garmin's Asset Utilization Ratio stood at 0.63 in 2022, then retreated by 0.28% to 0.63 in 2023, then rose by 5.15% to 0.66 in 2024, then increased by 1.49% to 0.67 in 2025, then advanced by 1.0% to 0.68 in 2026.
• Business Quant data shows GRMN's Asset Utilization Ratio at 0.68 in Q1 2026, 0.67 in Q4 2025, and 0.67 in Q3 2025.