Garmin (GRMN) Times Interest Earned (2009 - 2026)
Garmin (GRMN) posted Times Interest Earned of $8.6 for Q2 2026, up 41.34% sequentially from $6.09 in Q1 2026, and up 29.66% YoY from $6.63 in Q2 2025.
Garmin (GRMN) Times Interest Earned (2009 - 2026) Analysis & Trends
Garmin has reported Times Interest Earned for 18 years, with the latest figure at $8.6 in Q2 2026.
- Quarterly Times Interest Earned rose 29.66% year-over-year to $8.6 in Q2 2026, while the trailing twelve-month figure through Jun 2026 was $29.6 (up 19.83% YoY) and the FY2025 annual result came in at $17.91, up 5.26% from the prior year.
- Times Interest Earned improved to $8.6 in Q2 2026 per GRMN's latest filing, from $6.09 in the prior quarter.
- Over five years, Times Interest Earned peaked at $13.34 in Q4 2024 and troughed at $1.96 in Q2 2023.
- A 5-year average of $5.54 and a median of $5.58 in 2024 frame the typical range for Times Interest Earned.
- The sharpest annual moves came in 2022 and 2024: Times Interest Earned plunged 69.1% in 2022, then soared 182.64% in 2024.
- Over 5 years, Times Interest Earned stood at $5.24 in 2022, then grew by 16.49% to $6.11 in 2023, then soared by 118.39% to $13.34 in 2024, then slumped by 36.86% to $8.42 in 2025, then rose by 2.13% to $8.6 in 2026.
- According to Business Quant data, Times Interest Earned over the past three periods registered $8.6, $6.09, and $8.42 for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Times Interest Earned (Qtr) |
|---|---|---|---|---|---|
| 1 | Garmin | 56.90 Bn | 54.24 Bn | 1.26 Bn | - |
| 2 | Keysight Technologies | 53.99 Bn | 51.57 Bn | 1.18 Bn | 16.28 |
| 3 | Coherent | 51.17 Bn | 49.18 Bn | 787.08 Mn | -23.87 |
| 4 | Teledyne Technologies | 29.38 Bn | 29.04 Bn | 738.10 Mn | 24.50 |
| 5 | Mks | 18.84 Bn | 18.23 Bn | 595.00 Mn | 6.61 |
| 6 | Fortive | 18.30 Bn | 17.93 Bn | 695.30 Mn | -5.93 |
| 7 | Trimble | 14.04 Bn | 13.83 Bn | 674.90 Mn | 6.32 |
| 8 | Cognex | 10.12 Bn | 9.71 Bn | 205.77 Mn | - |
| 9 | Esco Technologies | 7.42 Bn | 7.35 Bn | 141.52 Mn | - |
| 10 | Sensata Technologies Holding | 6.22 Bn | 5.82 Bn | 301.80 Mn | 5.04 |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 27, 2026 | 8.60 |
| Mar 28, 2026 | 6.09 |
| Dec 27, 2025 | 8.42 |
| Sep 27, 2025 | 6.37 |
| Jun 28, 2025 | 6.63 |
| Mar 29, 2025 | 5.44 |
| Dec 28, 2024 | 13.34 |
| Sep 28, 2024 | 7.54 |
| Jun 29, 2024 | 5.71 |
| Mar 30, 2024 | 4.53 |
| Dec 30, 2023 | 6.11 |
| Sep 30, 2023 | 2.67 |
| Jul 1, 2023 | 2.71 |
| Apr 1, 2023 | 1.96 |
| Dec 31, 2022 | 5.24 |
| Sep 24, 2022 | 2.04 |
| Jun 25, 2022 | 3.15 |
| Mar 26, 2022 | 3.16 |
| Dec 25, 2021 | 6.93 |
| Sep 25, 2021 | 6.60 |