Garmin (GRMN) Invested Capital (2009 - 2026)

Garmin's (GRMN) quarterly Invested Capital came in at $9.3 billion in Q1 2026, up 13.34% year-on-year from $8.2 billion in Q1 2025, and up 3.33% quarter-over-quarter from $9.0 billion in Q4 2025.

Garmin (GRMN) Invested Capital (2009 - 2026) Analysis & Trends

Garmin has disclosed Invested Capital across 18 years of filings, most recently posting $9.3 billion for Q1 2026.

  • Invested Capital for Q1 2026 came in at $9.3 billion, up 13.34% year-over-year; the trailing twelve-month figure through Mar 2026 was $9.3 billion (up 13.34% YoY), and the FY2025 annual result was $9.0 billion, up 14.32% from the prior year.
  • Invested Capital came in at $9.3 billion for Q1 2026 at Garmin, up from $9.0 billion in the prior quarter.
  • In the past five years, Invested Capital ranged from a high of $9.3 billion in Q1 2026 to a low of $5.9 billion in Q2 2022.
  • The 5-year median for Invested Capital is $7.0 billion (2023), against an average of $7.2 billion.
  • Across the five-year window, Invested Capital increased 0.4% in 2022 and increased 18.23% in 2024, its largest moves.
  • Garmin's Invested Capital stood at $6.2 billion in 2022, then rose by 13.02% to $7.0 billion in 2023, then gained by 11.93% to $7.8 billion in 2024, then gained by 14.32% to $9.0 billion in 2025, then rose by 3.33% to $9.3 billion in 2026.
  • The last three Invested Capital figures came in at $9.3 billion (Q1 2026), $9.0 billion (Q4 2025), and $8.5 billion (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Invested Cap. (Qtr)
1 Coherent 67.67 Bn 66.37 Bn 679.95 Mn 13.87 Bn
2 Keysight Technologies 57.00 Bn 54.83 Bn 995.00 Mn 8.74 Bn
3 Garmin 45.82 Bn 43.12 Bn 1.04 Bn 9.27 Bn
4 Teledyne Technologies 28.64 Bn 28.34 Bn 673.80 Mn 13.18 Bn
5 Mks 21.67 Bn 21.10 Bn 507.00 Mn 7.82 Bn
6 Fortive 19.42 Bn 19.07 Bn 675.50 Mn 9.58 Bn
7 Trimble 12.42 Bn 12.19 Bn 646.30 Mn 5.65 Bn
8 Cognex 10.23 Bn 9.94 Bn 190.94 Mn 1.48 Bn
9 Esco Technologies 7.86 Bn 7.77 Bn 131.32 Mn 1.61 Bn
10 Sensata Technologies Holding 7.28 Bn 6.64 Bn 286.30 Mn 2.88 Bn

Historic Data

Download Data
DateValue
Mar 28, 2026 9.27 Bn
Dec 27, 2025 8.97 Bn
Sep 27, 2025 8.48 Bn
Jun 28, 2025 8.13 Bn
Mar 29, 2025 8.18 Bn
Dec 28, 2024 7.85 Bn
Sep 28, 2024 7.51 Bn
Jun 29, 2024 7.00 Bn
Mar 30, 2024 7.25 Bn
Dec 30, 2023 7.01 Bn
Sep 30, 2023 6.35 Bn
Jul 1, 2023 6.12 Bn
Apr 1, 2023 6.41 Bn
Dec 31, 2022 6.20 Bn
Sep 24, 2022 5.88 Bn
Jun 25, 2022 5.87 Bn
Mar 26, 2022 6.25 Bn
Dec 25, 2021 6.11 Bn
Sep 25, 2021 5.85 Bn
Jun 26, 2021 5.58 Bn