Garmin (GRMN) FCF Margin (2009 - 2026)
Garmin (GRMN) posted FCF Margin of 26.77% for Q1 2026, up 32.4% sequentially from 20.22% in Q4 2025, and up 197.0% YoY from 9.01% in Q1 2025.
Garmin (GRMN) FCF Margin (2009 - 2026) Analysis & Trends
Garmin (GRMN) has 17 years of FCF Margin data on file, last reported at 26.77% in Q1 2026.
- Quarterly FCF Margin rose 197.0% year-over-year to 26.77% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 19.45% (up 57.0% YoY) and the FY2025 annual result came in at 18.81%, down 86.0% from the prior year.
- FCF Margin grew to 26.77% in Q1 2026 per GRMN's latest filing, from 20.22% in the prior quarter.
- The five-year high for FCF Margin was 29.11% in Q1 2024, with the low at 0.38% in Q2 2022.
- Average FCF Margin over 5 years is 18.57%, with a median of 20.25% recorded in 2023.
- The widest YoY moves for FCF Margin: up 2014 bps in 2022, down 2017 bps in 2022.
- Garmin's FCF Margin stood at 23.68% in 2022, then rose by 19 bps to 28.15% in 2023, then slipped by 22 bps to 21.9% in 2024, then slipped by 8 bps to 20.22% in 2025, then soared by 32 bps to 26.77% in 2026.
- Business Quant data shows GRMN's FCF Margin at 26.77% in Q1 2026, 20.22% in Q4 2025, and 24.0% in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Coherent | 3,591.32 Bn | 3,590.02 Bn | 679.95 Mn | -2.11% |
| 2 | Novanta | 69.39 Bn | 69.00 Bn | 113.58 Mn | 18.42% |
| 3 | Keysight Technologies | 57.75 Bn | 55.57 Bn | 995.00 Mn | 25.44% |
| 4 | Teledyne Technologies | 30.63 Bn | 30.33 Bn | 673.80 Mn | 13.10% |
| 5 | Fortive | 19.14 Bn | 18.79 Bn | 675.50 Mn | 19.47% |
| 6 | Trimble | 12.33 Bn | 12.10 Bn | 646.30 Mn | 28.58% |
| 7 | Cognex | 11.87 Bn | 11.58 Bn | 190.94 Mn | 15.77% |
| 8 | Sensata Technologies Holding | 6.78 Bn | 6.14 Bn | 286.30 Mn | 11.19% |
| 9 | Garmin | 4.63 Bn | 1.93 Bn | 1.04 Bn | 26.77% |
| 10 | Badger Meter | 4.28 Bn | 4.07 Bn | 84.33 Mn | 14.57% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 28, 2026 | 26.77% |
| Dec 27, 2025 | 20.22% |
| Sep 27, 2025 | 24.00% |
| Jun 28, 2025 | 7.03% |
| Mar 29, 2025 | 24.80% |
| Dec 28, 2024 | 21.90% |
| Sep 28, 2024 | 13.83% |
| Jun 29, 2024 | 14.48% |
| Mar 30, 2024 | 29.11% |
| Dec 30, 2023 | 28.15% |
| Sep 30, 2023 | 24.41% |
| Jul 1, 2023 | 16.75% |
| Apr 1, 2023 | 20.25% |
| Dec 31, 2022 | 23.68% |
| Sep 24, 2022 | 9.12% |
| Jun 25, 2022 | 0.38% |
| Mar 26, 2022 | 10.74% |
| Dec 25, 2021 | 3.54% |
| Sep 25, 2021 | 17.11% |
| Jun 26, 2021 | 9.05% |