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| Date | Value |
|---|---|
| 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 |