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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.
  • According to the latest figures from Q3 2025, Garmin's Asset Utilization Ratio is 0.67, which was up 193.14% from 0.67 recorded in Q2 2025.
  • In the past 5 years, Garmin's Asset Utilization Ratio ranged from a high of 0.67 in Q2 2021 and 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.
  • In the last 5 years, Garmin's Asset Utilization Ratio soared by 1007.41% in 2021 and then tumbled by 456.15% in 2022.
  • Garmin's Asset Utilization Ratio (Quarter) stood at 0.65 in 2021, then dropped by 2.03% to 0.63 in 2022, then dropped by 0.28% to 0.63 in 2023, then grew by 5.15% to 0.66 in 2024, then rose by 0.38% to 0.67 in 2025.
  • Its Asset Utilization Ratio was 0.67 in Q3 2025, compared to 0.67 in Q2 2025 and 0.66 in Q1 2025.