Garmin (GRMN) EV to EBITDA (2009 - 2026)
Garmin's (GRMN) EV to EBITDA came in at 18.25 for Q2 2026, down 5.5% from 19.32 a year earlier and down 5.2% from the prior quarter.
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Analysis
Garmin (GRMN) EV to EBITDA (2009 - 2026) Analysis & Trends
For the trailing twelve months through Jun 27, 2026, EV to EBITDA at Garmin was 14.80, down 3.9% year-over-year; for FY2025, it was 17.85, down 16.3% from FY2024.
- In prior years, Garmin's EV to EBITDA was 21.31 in FY2024 (+19.3%), 17.86 in FY2023 (+31.2%), 13.62 in FY2022 (-22.2%) and 17.52 in FY2021 (-2.4%).
- Quarterly EV to EBITDA has run from a low of 11.66 in Q3 2022 to a high of 22.23 in Q3 2025 over five years.
- On a year-over-year basis, EV to EBITDA has declined in each of the last three quarters, with growth averaging 4.2% over the last eight quarters.
- The strongest year-over-year quarter for EV to EBITDA in the past five years was Q3 2021, with growth of 45.4%; the weakest was Q3 2022, with a decline of 46.8%.
- According to Business Quant data, EV to EBITDA for the three prior quarters was 19.25 (Q1 2026), 17.85 (Q4 2025) and 22.23 (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 | 18.25 |
| Mar 28, 2026 | 19.25 |
| Dec 27, 2025 | 17.85 |
| Sep 27, 2025 | 22.23 |
| Jun 28, 2025 | 19.32 |
| Mar 29, 2025 | 21.28 |
| Dec 28, 2024 | 21.31 |
| Sep 28, 2024 | 19.42 |
| Jun 29, 2024 | 20.34 |
| Mar 30, 2024 | 19.23 |
| Dec 30, 2023 | 17.86 |
| Sep 30, 2023 | 15.46 |
| Jul 1, 2023 | 15.81 |
| Apr 1, 2023 | 15.29 |
| Dec 31, 2022 | 13.62 |
| Sep 24, 2022 | 11.66 |
| Jun 25, 2022 | 13.82 |
| Mar 26, 2022 | 15.27 |
| Dec 25, 2021 | 17.52 |
| Sep 25, 2021 | 21.90 |
API Access
Garmin EV to EBITDA 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-ebitda&ticker=GRMN&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ev-to-ebitda", "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-ebitda&ticker=GRMN&period=max&api_key=YOUR_API_KEY");
const data = await res.json();