Garmin (GRMN) Equity Ratio (2009 - 2026)
Garmin's (GRMN) quarterly Equity Ratio came in at 0.85 in Q1 2026, up 1.29% year-on-year from 0.84 in Q1 2025, and up 3.72% quarter-over-quarter from 0.82 in Q4 2025.
Garmin (GRMN) Equity Ratio (2009 - 2026) Analysis & Trends
Garmin has disclosed Equity Ratio across 18 years of filings, most recently posting 0.85 for Q1 2026.
- Equity Ratio for Q1 2026 came in at 0.85, up 1.29% year-over-year; the trailing twelve-month figure through Mar 2026 was 0.85 (up 1.29% YoY), and the FY2025 annual result was 0.82, changed 0.15% from the prior year.
- Equity Ratio came in at 0.85 for Q1 2026 at Garmin, up from 0.82 in the prior quarter.
- In the past five years, Equity Ratio ranged from a high of 0.85 in Q1 2026 to a low of 0.75 in Q2 2022.
- The 5-year median for Equity Ratio is 0.81 (2025), against an average of 0.81.
- Across the five-year window, Equity Ratio slipped 0.66% in 2022 and grew 3.63% in 2023, its largest moves.
- Garmin's Equity Ratio stood at 0.8 in 2022, then gained by 1.56% to 0.82 in 2023, then dropped by 0.01% to 0.81 in 2024, then increased by 0.15% to 0.82 in 2025, then increased by 3.72% to 0.85 in 2026.
- The last three Equity Ratio figures came in at 0.85 (Q1 2026), 0.82 (Q4 2025), and 0.81 (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Equity Ratio (Qtr) |
|---|---|---|---|---|---|
| 1 | Coherent | 67.67 Bn | 66.37 Bn | 679.95 Mn | 0.62 |
| 2 | Keysight Technologies | 57.00 Bn | 54.83 Bn | 995.00 Mn | 0.54 |
| 3 | Garmin | 45.82 Bn | 43.12 Bn | 1.04 Bn | 0.85 |
| 4 | Teledyne Technologies | 28.64 Bn | 28.34 Bn | 673.80 Mn | 0.69 |
| 5 | Mks | 21.67 Bn | 21.10 Bn | 507.00 Mn | 0.32 |
| 6 | Fortive | 19.42 Bn | 19.07 Bn | 675.50 Mn | 0.53 |
| 7 | Trimble | 12.42 Bn | 12.19 Bn | 646.30 Mn | 0.63 |
| 8 | Cognex | 10.23 Bn | 9.94 Bn | 190.94 Mn | 0.74 |
| 9 | Esco Technologies | 7.86 Bn | 7.77 Bn | 131.32 Mn | 0.66 |
| 10 | Sensata Technologies Holding | 7.28 Bn | 6.64 Bn | 286.30 Mn | 0.42 |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 28, 2026 | 0.85 |
| Dec 27, 2025 | 0.82 |
| Sep 27, 2025 | 0.81 |
| Jun 28, 2025 | 0.79 |
| Mar 29, 2025 | 0.84 |
| Dec 28, 2024 | 0.81 |
| Sep 28, 2024 | 0.80 |
| Jun 29, 2024 | 0.79 |
| Mar 30, 2024 | 0.84 |
| Dec 30, 2023 | 0.82 |
| Sep 30, 2023 | 0.80 |
| Jul 1, 2023 | 0.78 |
| Apr 1, 2023 | 0.83 |
| Dec 31, 2022 | 0.80 |
| Sep 24, 2022 | 0.77 |
| Jun 25, 2022 | 0.75 |
| Mar 26, 2022 | 0.81 |
| Dec 25, 2021 | 0.78 |
| Sep 25, 2021 | 0.77 |
| Jun 26, 2021 | 0.75 |