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Asset Utilization RatioAssets AverageEBIT MarginEBITDA MarginEBT MarginEnterprise ValueEquity AverageEquity RatioFCF MarginFCF Payout RatioGross MarginInventory AverageInvested CapitalNet MarginOperating MarginReturn on AssetsReturn on Capital EmployedReturn on EquityReturn on Invested CapitalReturn on Sales

Garmin (GRMN) Return on Invested Capital (2018 - 2025)

Garmin's Return on Invested Capital history spans 12 years, with the latest figure at 0.15% for Q1 2024.

  • For Q1 2024, Return on Invested Capital changed N/A year-over-year to 0.15%; the TTM value through Mar 2024 reached 0.15%, changed N/A, while the annual FY2024 figure was 0.2%, 5.0% up from the prior year.
  • Return on Invested Capital for Q1 2024 was 0.15% at Garmin, down from 0.16% in the prior quarter.
  • Across five years, Return on Invested Capital topped out at 0.23% in Q2 2021 and bottomed at 0.04% in Q2 2020.
  • The 5-year median for Return on Invested Capital is 0.19% (2022), against an average of 0.16%.
  • The largest annual shift saw Return on Invested Capital rose 19bps in 2021 before it dropped -4bps in 2023.
  • A 5-year view of Return on Invested Capital shows it stood at 0.2% in 2020, then grew by 4bps to 0.21% in 2021, then dropped by -5bps to 0.2% in 2022, then fell by -19bps to 0.16% in 2023, then decreased by -7bps to 0.15% in 2024.
  • Per Business Quant, the three most recent readings for GRMN's Return on Invested Capital are 0.15% (Q1 2024), 0.16% (Q4 2023), and 0.17% (Q3 2023).