Garmin (GRMN) EV to FCF (2009 - 2026)
Garmin's (GRMN) EV to FCF stood at 37.02 in Q3 2026, up 12.8% from 32.81 a year earlier and up 40.4% from the prior quarter.
Garmin (GRMN) EV to FCF (2009 - 2026) Analysis & Trends
On a TTM basis, Garmin's EV to FCF came in at 31.50 as of Sep 26, 2026, up 16.7% year-over-year; for FY2025, it came in at 27.04, down 11.4% from FY2024.
- Across earlier years, EV to FCF came in at 30.51 in FY2024 (+59.1%), 19.18 in FY2023 (-35.7%), 29.84 in FY2022 (-12.6%) and 34.13 in FY2021 (+53.1%).
- The Q3 2026 figure is the highest quarterly EV to FCF since Q3 2022.
- On a year-over-year basis, EV to FCF rose in five of the last eight quarters, with growth averaging 22.5%.
- Peak year-over-year performance for EV to FCF in the last five years was growth of 100.3% in Q1 2022, against a decline of 66.3% in Q3 2023 at the low end.
- Per Business Quant, the preceding three quarters came in at 26.37 (Q2 2026), 28.73 (Q1 2026) and 27.04 (Q4 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Apple | 5,177.41 Bn | 4,922.87 Bn | 54.82 Bn |
| 2 | Cisco Systems | 377.40 Bn | 377.40 Bn | 11.79 Bn |
| 3 | Arista Networks | 249.38 Bn | 198.58 Bn | 2.33 Bn |
| 4 | Dell Technologies | 220.34 Bn | 176.10 Bn | 9.83 Bn |
| 5 | Sony | 166.48 Bn | 103.89 Bn | 7.96 Bn |
| 6 | Sandisk | 127.44 Bn | 112.27 Bn | 9.38 Bn |
| 7 | Seagate Technology Holdings | 121.35 Bn | 116.20 Bn | 2.43 Bn |
| 8 | Western Digital | 110.67 Bn | 100.50 Bn | 2.53 Bn |
| 9 | Hewlett Packard Enterprise | 64.15 Bn | 42.09 Bn | 4.93 Bn |
| 10 | Garmin | 54.56 Bn | 44.11 Bn | 1.26 Bn |
Historic Data
| Date | Value |
|---|---|
| Sep 26, 2026 | 37.02 |
| Jun 27, 2026 | 26.37 |
| Mar 28, 2026 | 28.73 |
| Dec 27, 2025 | 27.04 |
| Sep 27, 2025 | 32.81 |
| Jun 28, 2025 | 33.31 |
| Mar 29, 2025 | 31.62 |
| Dec 28, 2024 | 30.51 |
| Sep 28, 2024 | 24.67 |
| Jun 29, 2024 | 21.56 |
| Mar 30, 2024 | 19.52 |
| Dec 30, 2023 | 19.18 |
| Sep 30, 2023 | 17.16 |
| Jul 1, 2023 | 21.10 |
| Apr 1, 2023 | 27.32 |
| Dec 31, 2022 | 29.84 |
| Sep 24, 2022 | 50.88 |
| Jun 25, 2022 | 46.14 |
| Mar 26, 2022 | 41.50 |
| Dec 25, 2021 | 34.13 |
Garmin EV to FCF 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-fcf&ticker=GRMN&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ev-to-fcf", "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-fcf&ticker=GRMN&period=max&api_key=YOUR_API_KEY");
const data = await res.json();