Garmin (GRMN) Dividend Coverage Ratio (2010 - 2026)
Garmin's (GRMN) quarterly Dividend Coverage Ratio came in at 2.68 in Q2 2026, up 15.68% year-over-year from 2.31 in Q2 2025, and up 14.77% quarter-over-quarter from 2.33 in Q1 2026.
Analysis
Garmin (GRMN) Dividend Coverage Ratio (2010 - 2026) Analysis & Trends
Garmin has disclosed Dividend Coverage Ratio across 17 years of filings, most recently posting 2.68 for Q2 2026.
- In Q2 2026, Dividend Coverage Ratio rose 15.68% year-over-year to 2.68; the TTM figure through Jun 2026 stood at 2.6 (up 6.5% YoY), while the FY2025 annual figure was 2.51, up 8.53% from the prior year.
- Dividend Coverage Ratio came in at 2.68 for Q2 2026 at Garmin, up from 2.33 in the prior quarter.
- In the past five years, Dividend Coverage Ratio ranged from a high of 3.06 in Q4 2025 to a low of 1.15 in Q4 2022.
- Average Dividend Coverage Ratio over 5 years is 2.14, with a median of 2.19 recorded in 2024.
- Year-over-year, Dividend Coverage Ratio retreated 26.31% in 2022 and jumped 130.55% in 2023.
- Over 5 years, Dividend Coverage Ratio stood at 1.15 in 2022, then jumped by 130.55% to 2.66 in 2023, then fell by 9.53% to 2.4 in 2024, then increased by 27.16% to 3.06 in 2025, then slipped by 12.41% to 2.68 in 2026.
- Per Business Quant data, the three most recent Dividend Coverage Ratio figures were 2.68 in Q2 2026, 2.33 in Q1 2026, and 3.06 in Q4 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Div. Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Apple | 4,784.34 Bn | 4,721.94 Bn | 54.77 Bn | 7.45 |
| 2 | Garmin | 52.47 Bn | 49.80 Bn | 1.26 Bn | 2.68 |
| 3 | Vuzix | 212.26 Mn | 194.96 Mn | -645,411.00 | - |
| 4 | Zepp Health | 77.84 Mn | 8.18 Mn | 23.73 Mn | - |
| 5 | Foxx Development Holdings | 18.87 Mn | 15.68 Mn | -1.45 Mn | - |
| 6 | Wearable Devices | 741,166.25 | -18.10 Mn | - | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 27, 2026 | 2.68 |
| Mar 28, 2026 | 2.33 |
| Dec 27, 2025 | 3.06 |
| Sep 27, 2025 | 2.32 |
| Jun 28, 2025 | 2.31 |
| Mar 29, 2025 | 2.30 |
| Dec 28, 2024 | 2.40 |
| Sep 28, 2024 | 2.77 |
| Jun 29, 2024 | 2.09 |
| Mar 30, 2024 | 1.97 |
| Dec 30, 2023 | 2.66 |
| Sep 30, 2023 | 1.84 |
| Jul 1, 2023 | 2.06 |
| Apr 1, 2023 | 1.45 |
| Dec 31, 2022 | 1.15 |
| Sep 24, 2022 | 1.50 |
| Jun 25, 2022 | 1.99 |
| Mar 26, 2022 | 1.64 |
| Dec 25, 2021 | 1.22 |
| Sep 25, 2021 | 2.01 |