Garmin (GRMN) Price to Earnings (2009 - 2026)
Garmin's (GRMN) Price to Earnings stood at 23.89 in Q2 2026, down 6.6% from 25.58 a year earlier and down 6.6% from the prior quarter.
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Analysis
Garmin (GRMN) Price to Earnings (2009 - 2026) Analysis & Trends
For FY2025, Garmin's Price to Earnings came in at 23.79, down 16.7% from FY2024.
- Across earlier years, Price to Earnings came in at 28.55 in FY2024 (+49.4%), 19.11 in FY2023 (+5.2%), 18.16 in FY2022 (-24.1%) and 23.93 in FY2021 (+3.1%).
- Quarterly Price to Earnings has ranged from 16.46 in Q3 2022 to 29.45 in Q3 2025 over the past five years.
- On a year-over-year basis, Price to Earnings has declined for three consecutive quarters, with growth averaging 13.9% over the last eight quarters.
- Peak year-over-year performance for Price to Earnings in the last five years was growth of 67.5% in Q3 2021, against a decline of 44.0% in Q3 2022 at the low end.
- Per Business Quant, the preceding three quarters came in at 25.57 (Q1 2026), 23.79 (Q4 2025) and 29.45 (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Apple | 5,087.13 Bn | 4,834.62 Bn | 54.77 Bn |
| 2 | Cisco Systems | 413.90 Bn | 349.82 Bn | 11.06 Bn |
| 3 | Dell Technologies | 289.90 Bn | 245.66 Bn | 9.83 Bn |
| 4 | Arista Networks | 215.69 Bn | 169.14 Bn | 1.91 Bn |
| 5 | Sandisk | 184.10 Bn | 172.62 Bn | 7.58 Bn |
| 6 | Sony | 161.13 Bn | 100.89 Bn | 6.53 Bn |
| 7 | Seagate Technology Holdings | 145.63 Bn | 140.62 Bn | 1.90 Bn |
| 8 | Western Digital | 127.86 Bn | 115.99 Bn | 2.03 Bn |
| 9 | Hewlett Packard Enterprise | 73.67 Bn | 51.55 Bn | 4.93 Bn |
| 10 | Garmin | 57.00 Bn | 46.35 Bn | 1.26 Bn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 27, 2026 | 23.89 |
| Mar 28, 2026 | 25.57 |
| Dec 27, 2025 | 23.79 |
| Sep 27, 2025 | 29.45 |
| Jun 28, 2025 | 25.58 |
| Mar 29, 2025 | 28.04 |
| Dec 28, 2024 | 28.55 |
| Sep 28, 2024 | 22.02 |
| Jun 29, 2024 | 22.76 |
| Mar 30, 2024 | 20.98 |
| Dec 30, 2023 | 19.11 |
| Sep 30, 2023 | 19.35 |
| Jul 1, 2023 | 20.08 |
| Apr 1, 2023 | 20.04 |
| Dec 31, 2022 | 18.16 |
| Sep 24, 2022 | 16.46 |
| Jun 25, 2022 | 19.05 |
| Mar 26, 2022 | 20.97 |
| Dec 25, 2021 | 23.93 |
| Sep 25, 2021 | 29.39 |
API Access
Garmin Price to Earnings 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=price-to-earnings&ticker=GRMN&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "price-to-earnings", "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=price-to-earnings&ticker=GRMN&period=max&api_key=YOUR_API_KEY");
const data = await res.json();