Garmin (GRMN) EV to EBITDA (2009 - 2026)
Garmin's (GRMN) quarterly EV to EBITDA came in at 68.54 in Q2 2026, down 13.75% year-over-year from 79.46 in Q2 2025, and down 29.04% quarter-over-quarter from 96.6 in Q1 2026.
Analysis
Garmin (GRMN) EV to EBITDA (2009 - 2026) Analysis & Trends
Garmin has disclosed EV to EBITDA across 18 years of filings, most recently posting 68.54 for Q2 2026.
- In Q2 2026, EV to EBITDA fell 13.75% year-over-year to 68.54; the TTM figure through Jun 2026 stood at 19.92 (down 6.67% YoY), while the FY2025 annual figure was 19.64, down 17.16% from the prior year.
- EV to EBITDA came in at 68.54 for Q2 2026 at Garmin, down from 96.6 in the prior quarter.
- In the past five years, EV to EBITDA ranged from a high of 115.68 in Q1 2025 to a low of 60.0 in Q4 2025.
- Average EV to EBITDA over 5 years is 77.51, with a median of 72.05 recorded in 2024.
- Year-over-year, EV to EBITDA plunged 45.35% in 2022 and surged 35.06% in 2025.
- Over 5 years, EV to EBITDA stood at 60.76 in 2022, then advanced by 9.66% to 66.63 in 2023, then grew by 9.92% to 73.23 in 2024, then fell by 18.07% to 60.0 in 2025, then grew by 14.24% to 68.54 in 2026.
- Per Business Quant data, the three most recent EV to EBITDA figures were 68.54 in Q2 2026, 96.6 in Q1 2026, and 60.0 in Q4 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Apple | 4,784.34 Bn | 4,721.94 Bn | 54.77 Bn |
| 2 | Garmin | 52.47 Bn | 49.80 Bn | 1.26 Bn |
| 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 | 68.54 |
| Mar 28, 2026 | 96.60 |
| Dec 27, 2025 | 60.00 |
| Sep 27, 2025 | 95.72 |
| Jun 28, 2025 | 79.46 |
| Mar 29, 2025 | 115.68 |
| Dec 28, 2024 | 73.23 |
| Sep 28, 2024 | 70.87 |
| Jun 29, 2024 | 85.07 |
| Mar 30, 2024 | 88.46 |
| Dec 30, 2023 | 66.63 |
| Sep 30, 2023 | 68.20 |
| Jul 1, 2023 | 64.32 |
| Apr 1, 2023 | 90.21 |
| Dec 31, 2022 | 60.76 |
| Sep 24, 2022 | 60.35 |
| Jun 25, 2022 | 60.52 |
| Mar 26, 2022 | 90.66 |
| Dec 25, 2021 | 76.34 |
| Sep 25, 2021 | 110.43 |