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

Garmin has disclosed Asset Utilization Ratio across 16 years of filings, most recently posting 0.69 for Q2 2026.

• In Q2 2026, Asset Utilization Ratio rose 2.02% year-over-year to 0.69; the TTM figure through Jun 2026 stood at 0.69 (up 2.02% YoY), while the FY2025 annual figure was 0.7, down 45.21% from the prior year.
• Asset Utilization Ratio came in at 0.69 for Q2 2026 at Garmin, up from 0.68 in the prior quarter.
• In the past five years, Asset Utilization Ratio ranged from a high of 1.32 in Q1 2022 to a low of 0.63 in Q3 2023.
• Average Asset Utilization Ratio over 5 years is 0.83, with a median of 0.67 recorded in 2025.
• Year-over-year, Asset Utilization Ratio increased 7.09% in 2022 and sank 48.25% in 2024.
• Over 5 years, Asset Utilization Ratio stood at 1.27 in 2022, then rose by 0.82% to 1.28 in 2023, then plunged by 48.25% to 0.66 in 2024, then advanced by 1.49% to 0.67 in 2025, then rose by 1.81% to 0.69 in 2026.
• Per Business Quant data, the three most recent Asset Utilization Ratio figures were 0.69 in Q2 2026, 0.68 in Q1 2026, and 0.67 in Q4 2025.