Garmin (GRMN) Return on Assets [ROA] (2009 - 2026)
Garmin (GRMN) posted Return on Assets [ROA] of 17.23% for Q3 2026, up 2.16 percentage points from 15.07% a year earlier and up 0.45 percentage points from the prior quarter.
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Analysis
Garmin (GRMN) Return on Assets [ROA] (2009 - 2026) Analysis & Trends
For FY2025, Garmin's Return on Assets [ROA] came in at 16.14%, up 0.65 percentage points from FY2024.
- Annual Return on Assets [ROA] shows a five-year change of +1.10 percentage points (FY2020 to FY2025).
- In prior years, Garmin's Return on Assets [ROA] was 15.48% in FY2024 (-0.31 pp), 15.79% in FY2023 (+3.30 pp), 12.49% in FY2022 (-2.05 pp) and 14.54% in FY2021 (-0.50 pp).
- The Q3 2026 figure stands as the highest quarterly Return on Assets [ROA] since Q3 2010.
- On a year-over-year basis, Return on Assets [ROA] has increased in each of the last 13 quarters, with an average year-over-year change of +1.18 percentage points over the last eight quarters.
- The strongest year-over-year quarter for Return on Assets [ROA] in the past five years was Q3 2026, with a gain of 2.16 percentage points; the weakest was Q2 2022, with a drop of 3.36 percentage points.
- According to Business Quant data, Return on Assets [ROA] for the three prior quarters was 16.78% (Q2 2026), 15.82% (Q1 2026) and 15.47% (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROA (Qtr) |
|---|---|---|---|---|---|
| 1 | Apple | 5,064.64 Bn | 4,810.10 Bn | 54.82 Bn | 33.55% |
| 2 | Cisco Systems | 387.30 Bn | 323.23 Bn | 11.06 Bn | 10.40% |
| 3 | Arista Networks | 233.88 Bn | 183.08 Bn | 2.33 Bn | 19.40% |
| 4 | Dell Technologies | 213.96 Bn | 169.72 Bn | 9.83 Bn | 9.39% |
| 5 | Sony | 164.26 Bn | 101.68 Bn | 7.96 Bn | -4.53% |
| 6 | Sandisk | 123.84 Bn | 108.67 Bn | 9.38 Bn | 80.42% |
| 7 | Seagate Technology Holdings | 115.23 Bn | 110.07 Bn | 2.43 Bn | 43.28% |
| 8 | Western Digital | 108.25 Bn | 98.08 Bn | 2.53 Bn | 71.32% |
| 9 | Hewlett Packard Enterprise | 63.71 Bn | 41.65 Bn | 4.93 Bn | 3.42% |
| 10 | Garmin | 55.63 Bn | 45.19 Bn | 1.26 Bn | 17.23% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 26, 2026 | 17.23% |
| Jun 27, 2026 | 16.78% |
| Mar 28, 2026 | 15.82% |
| Dec 27, 2025 | 15.47% |
| Sep 27, 2025 | 15.07% |
| Jun 28, 2025 | 15.60% |
| Mar 29, 2025 | 15.12% |
| Dec 28, 2024 | 14.87% |
| Sep 28, 2024 | 14.77% |
| Jun 29, 2024 | 13.76% |
| Mar 30, 2024 | 13.83% |
| Dec 30, 2023 | 13.50% |
| Sep 30, 2023 | 13.14% |
| Jul 1, 2023 | 12.75% |
| Apr 1, 2023 | 12.48% |
| Dec 31, 2022 | 12.68% |
| Sep 24, 2022 | 12.52% |
| Jun 25, 2022 | 13.08% |
| Mar 26, 2022 | 13.80% |
| Dec 25, 2021 | 14.03% |
API Access
Garmin Return on Assets [ROA] 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=return-on-assets-%5Broa%5D&ticker=GRMN&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "return-on-assets-[roa]", "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=return-on-assets-%5Broa%5D&ticker=GRMN&period=max&api_key=YOUR_API_KEY");
const data = await res.json();