Garmin (GRMN) EV to EBIT (2009 - 2026)
Garmin's EV to EBIT was 19.92 in Q2 2026, down 6.7% from 21.34 a year earlier and down 5.7% from the prior quarter.
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Analysis
Garmin (GRMN) EV to EBIT (2009 - 2026) Analysis & Trends
On a trailing twelve-month basis, Garmin's EV to EBIT was 16.15 through Jun 27, 2026, down 5.1% year-over-year; for FY2025, it came in at 19.64, down 17.2% from FY2024.
- In earlier years, EV to EBIT was 23.71 in FY2024 (+14.2%), 20.77 in FY2023 (+31.5%), 15.79 in FY2022 (-20.0%) and 19.74 in FY2021 (-1.8%).
- Quarterly EV to EBIT has moved between 13.43 (Q3 2022) and 24.59 (Q3 2025) over five years.
- Compared with a year earlier, EV to EBIT has declined for three straight quarters, with growth averaging 1.5% over the last eight quarters.
- The best year-over-year quarter for EV to EBIT over five years was Q3 2021 (growth of 44.7%); the worst was Q3 2022 (a decline of 45.2%).
- Per Business Quant data, GRMN's EV to EBIT in the three quarters before Q2 2026 was 21.11 (Q1 2026), 19.64 (Q4 2025) and 24.59 (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Apple | 4,996.19 Bn | 4,743.68 Bn | 54.77 Bn |
| 2 | Cisco Systems | 424.93 Bn | 360.86 Bn | 11.06 Bn |
| 3 | Dell Technologies | 312.80 Bn | 268.56 Bn | 9.83 Bn |
| 4 | Arista Networks | 231.38 Bn | 184.83 Bn | 1.91 Bn |
| 5 | Sandisk | 199.46 Bn | 187.98 Bn | 7.58 Bn |
| 6 | Seagate Technology Holdings | 151.71 Bn | 146.71 Bn | 1.90 Bn |
| 7 | Sony | 150.12 Bn | 87.38 Bn | 6.53 Bn |
| 8 | Western Digital | 127.58 Bn | 115.71 Bn | 2.03 Bn |
| 9 | Hewlett Packard Enterprise | 77.42 Bn | 55.30 Bn | 4.93 Bn |
| 10 | Garmin | 55.63 Bn | 44.98 Bn | 1.26 Bn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 27, 2026 | 19.92 |
| Mar 28, 2026 | 21.11 |
| Dec 27, 2025 | 19.64 |
| Sep 27, 2025 | 24.59 |
| Jun 28, 2025 | 21.34 |
| Mar 29, 2025 | 23.64 |
| Dec 28, 2024 | 23.71 |
| Sep 28, 2024 | 21.86 |
| Jun 29, 2024 | 23.25 |
| Mar 30, 2024 | 22.12 |
| Dec 30, 2023 | 20.77 |
| Sep 30, 2023 | 18.10 |
| Jul 1, 2023 | 18.51 |
| Apr 1, 2023 | 17.84 |
| Dec 31, 2022 | 15.79 |
| Sep 24, 2022 | 13.43 |
| Jun 25, 2022 | 15.83 |
| Mar 26, 2022 | 17.30 |
| Dec 25, 2021 | 19.74 |
| Sep 25, 2021 | 24.49 |
API Access
Garmin EV to EBIT 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=ev-to-ebit&ticker=GRMN&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ev-to-ebit", "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=ev-to-ebit&ticker=GRMN&period=max&api_key=YOUR_API_KEY");
const data = await res.json();