Garmin (GRMN) is a Technology company in the Scientific Technical Instruments industry. It has a market capitalization of $55.03B, a trailing price-to-earnings ratio of 27.4 and a free-cash-flow yield of 2.5%. Over the most recent reported fiscal year, revenue grew 15.1% and free cash flow per share grew 9.8%. Nama's AI scorecard rates it Buy, 8.1 out of 10. On 12-month momentum it ranks in the rising band of its market.
AI scorecard
Buy · 8.1/10
Clearly positive, short of the top band. As of Nov 7, 2026.
Momentum
Rising · +35.4% over 12 months ex. last
Second-best fifth of its market on the past year's move.
Shariah screen
Shariah Compliant
Passes our debt, cash and income screen; not a scholar's ruling.
Off its high
-9.1%
How far the last close sits under the highest price of the past five years.
Market cap
$55.03B
Trailing P/E
27.4
Price / book
5.8
Price / sales
7.0
FCF yield
2.5%
Dividend yield
1.5%
Gross margin
61.1%
Operating margin
28.8%
Net margin
25.6%
Revenue growth (YoY)
+15.1%
Revenue growth (3-yr annual)
+14.2%
EPS growth (YoY)
+15.7%
FCF/share growth (YoY)
+9.8%
Beta
0.8
Exchange
NYSE
Sector
Technology
Industry
Scientific Technical Instruments
GRMN earnings
Next report: Feb 17, 2027 (Q4 2026, EPS estimate $3.13).
Beat the EPS estimate in 4 of 4 recent quarters.
Quarter
Reported
EPS
Estimate
Surprise
Revenue
Q3 2026
Oct 28, 2026
$2.76
$2.38
+16.0%
$1.99B
Q2 2026
Jul 29, 2026
$2.81
$2.29
+22.7%
$2.02B
Q1 2026
Apr 29, 2026
$2.08
$1.84
+13.0%
$1.75B
Q4 2025
Feb 18, 2026
$2.79
$2.39
+16.7%
$2.12B
GRMN analyst price target
Median target $302.50 from 8 analysts, ranging $230.00 – $370.00.
Nama's AI scorecard currently rates Garmin Buy (8.1 out of 10), a call computed from its profitability, cash generation, growth, valuation and balance sheet. It is a research reading, not investment advice.
What is GRMN's P/E ratio?
Garmin trades at a trailing price-to-earnings ratio of 27.4.
When does GRMN report earnings?
Garmin's next scheduled report is on Feb 17, 2027. Analysts expect EPS of $3.13.
What is the GRMN price target?
The median analyst price target from 8 analysts is $302.50, with a range of $230.00 – $370.00.
Is GRMN Shariah compliant?
Nama's AAOIFI-style screen reads Garmin as Shariah Compliant. Passes our debt, cash and income screen; not a scholar's ruling.