Garmin (GRMN) Enterprise Value (2009 - 2026)
Garmin's Enterprise Value was $54.35 billion in Q3 2026, up 24.3% from $43.72 billion a year earlier and up 28.8% from the prior quarter.
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Analysis
Garmin (GRMN) Enterprise Value (2009 - 2026) Analysis & Trends
On a trailing twelve-month basis, Garmin's Enterprise Value was $46.24 billion through Sep 26, 2026, up 28.6% year-over-year; for FY2025, it was $36.85 billion, down 2.5% from FY2024.
- Enterprise Value shows a five-year compound annual growth rate of 11.7% (FY2020 to FY2025).
- In earlier years, Enterprise Value was $37.79 billion in FY2024 (+66.6%), $22.68 billion in FY2023 (+39.7%), $16.23 billion in FY2022 (-32.5%) and $24.06 billion in FY2021 (+13.6%).
- The Q3 2026 figure marks the highest quarterly Enterprise Value in data going back to Q1 2009.
- Compared with a year earlier, Enterprise Value has increased for three straight quarters, with growth averaging 28.1% over the last eight quarters.
- The best year-over-year quarter for Enterprise Value over five years was Q3 2024 (growth of 68.2%); the worst was Q3 2022 (a decline of 53.7%).
- Per Business Quant data, GRMN's Enterprise Value in the three quarters before Q3 2026 was $42.19 billion (Q2 2026), $41.7 billion (Q1 2026) and $36.85 billion (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Apple | 5,090.84 Bn | 4,836.31 Bn | 54.82 Bn |
| 2 | Cisco Systems | 390.99 Bn | 326.92 Bn | 11.06 Bn |
| 3 | Arista Networks | 240.45 Bn | 189.65 Bn | 2.33 Bn |
| 4 | Dell Technologies | 219.04 Bn | 174.80 Bn | 9.83 Bn |
| 5 | Sony | 158.27 Bn | 38.21 Bn | - |
| 6 | Sandisk | 129.40 Bn | 114.23 Bn | 9.38 Bn |
| 7 | Seagate Technology Holdings | 114.31 Bn | 109.16 Bn | 2.43 Bn |
| 8 | Western Digital | 105.81 Bn | 95.63 Bn | 2.53 Bn |
| 9 | Hewlett Packard Enterprise | 63.81 Bn | 41.69 Bn | 4.93 Bn |
| 10 | Garmin | 55.33 Bn | 44.88 Bn | 1.26 Bn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 26, 2026 | 54.35 Bn |
| Jun 27, 2026 | 42.19 Bn |
| Mar 28, 2026 | 41.70 Bn |
| Dec 27, 2025 | 36.85 Bn |
| Sep 27, 2025 | 43.72 Bn |
| Jun 28, 2025 | 37.53 Bn |
| Mar 29, 2025 | 38.50 Bn |
| Dec 28, 2024 | 37.79 Bn |
| Sep 28, 2024 | 31.01 Bn |
| Jun 29, 2024 | 29.10 Bn |
| Mar 30, 2024 | 26.40 Bn |
| Dec 30, 2023 | 22.68 Bn |
| Sep 30, 2023 | 18.44 Bn |
| Jul 1, 2023 | 18.29 Bn |
| Apr 1, 2023 | 17.77 Bn |
| Dec 31, 2022 | 16.23 Bn |
| Sep 24, 2022 | 14.45 Bn |
| Jun 25, 2022 | 17.72 Bn |
| Mar 26, 2022 | 20.72 Bn |
| Dec 25, 2021 | 24.06 Bn |
API Access
Garmin Enterprise Value API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=enterprise-value&ticker=GRMN&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "enterprise-value", "ticker": "GRMN", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=enterprise-value&ticker=GRMN&period=max&api_key=YOUR_API_KEY");
const data = await res.json();