Garmin Net Income
| GRMN Stock | USD 214.69 0.05 0.02% |
As of the 16th of February 2026, Garmin retains the Downside Deviation of 1.68, market risk adjusted performance of 0.0925, and Risk Adjusted Performance of 0.0573. Garmin technical analysis makes it possible for you to employ historical prices and volume momentum with the intention to determine a pattern that calculates the direction of the firm's future prices.
Garmin Total Revenue |
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Gross Profit | Profit Margin | Market Capitalization | Enterprise Value Revenue 5.6053 | Revenue |
| Last Reported | Projected for Next Year | ||
| Net Income | 1.6 B | 1.7 B | |
| Net Income Applicable To Common Shares | 1.1 B | 614.3 M | |
| Net Income From Continuing Ops | 1.6 B | 851.6 M | |
| Net Income Per Share | 6.06 | 6.37 | |
| Net Income Per E B T | 0.97 | 0.68 |
Garmin | Net Income | Build AI portfolio with Garmin Stock |
Evaluating Garmin's Net Income across multiple reporting periods reveals the company's ability to sustain growth and manage resources effectively. This longitudinal analysis highlights inflection points, cyclical patterns, and structural changes that short-term snapshots might miss, offering deeper insight into Garmin's fundamental strength.
Latest Garmin's Net Income Growth Pattern
Below is the plot of the Net Income of Garmin over the last few years. Net income is one of the most important fundamental items in finance. It plays a large role in Garmin financial statement analysis. It represents the amount of money remaining after all of Garmin operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue. It is Garmin's Net Income historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Garmin's overall financial position and show how it may be relating to other accounts over time.
| View | Last Reported 1.41 B | 10 Years Trend |
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Net Income |
| Timeline |
Garmin Net Income Regression Statistics
| Arithmetic Mean | 852,311,316 | |
| Geometric Mean | 699,161,802 | |
| Coefficient Of Variation | 53.82 | |
| Mean Deviation | 377,721,982 | |
| Median | 694,955,000 | |
| Standard Deviation | 458,755,658 | |
| Sample Variance | 210456.8T | |
| Range | 1.6B | |
| R-Value | 0.94 | |
| Mean Square Error | 24630.1T | |
| R-Squared | 0.89 | |
| Slope | 85,718,646 | |
| Total Sum of Squares | 3367308.1T |
Garmin Net Income History
Other Fundumenentals of Garmin
| Net Income Applicable To Common Shares | ||
| Net Income From Continuing Ops | ||
| Net Income Per Share | ||
| Net Income Per E B T |
Garmin Net Income component correlations
Garmin Net Income Driver Correlations
Understanding the fundamental principles of building solid financial models for Garmin is extremely important. It helps to project a fair market value of Garmin Stock properly, considering its historical fundamentals such as Net Income. Since Garmin's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Garmin's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Garmin's interrelated accounts and indicators.
Click cells to compare fundamentals
Will Consumer Electronics sector continue expanding? Could Garmin diversify its offerings? Factors like these will boost the valuation of Garmin. Market participants price Garmin higher when confident in its future expansion prospects. Accurate valuation requires analyzing both current fundamentals and future growth trajectories. Every Garmin data point contributes insight, yet successful analysis hinges on identifying the most consequential variables.
Quarterly Earnings Growth 0.005 | Dividend Share 3.6 | Earnings Share 8.12 | Revenue Per Share | Quarterly Revenue Growth 0.117 |
Garmin's market price often diverges from its book value, the accounting figure shown on Garmin's balance sheet. Smart investors calculate Garmin's intrinsic value - its true economic worth - which may differ significantly from both market price and book value. Seasoned market participants apply comprehensive analytical frameworks to derive fundamental worth and identify mispriced opportunities. Since Garmin's trading price responds to investor sentiment, macroeconomic conditions, and market psychology, it can swing far from fundamental value.
Please note, there is a significant difference between Garmin's value and its price as these two are different measures arrived at by different means. Investors typically determine if Garmin is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Garmin's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.
Garmin 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to Garmin's stock what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of Garmin.
| 11/18/2025 |
| 02/16/2026 |
If you would invest 0.00 in Garmin on November 18, 2025 and sell it all today you would earn a total of 0.00 from holding Garmin or generate 0.0% return on investment in Garmin over 90 days. Garmin is related to or competes with Celestica, Nokia Corp, Keysight Technologies, Teledyne Technologies, Fair Isaac, Flex, and Telefonaktiebolaget. Garmin Ltd. designs, develops, manufactures, markets, and distributes a range of wireless devices in the Americas, the A... More
Garmin Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure Garmin's stock current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess Garmin upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.68 | |||
| Information Ratio | 0.0225 | |||
| Maximum Drawdown | 9.2 | |||
| Value At Risk | (2.69) | |||
| Potential Upside | 2.74 |
Garmin Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Garmin's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Garmin's standard deviation. In reality, there are many statistical measures that can use Garmin historical prices to predict the future Garmin's volatility.| Risk Adjusted Performance | 0.0573 | |||
| Jensen Alpha | 0.0266 | |||
| Total Risk Alpha | (0.03) | |||
| Sortino Ratio | 0.0223 | |||
| Treynor Ratio | 0.0825 |
Garmin February 16, 2026 Technical Indicators
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
| Risk Adjusted Performance | 0.0573 | |||
| Market Risk Adjusted Performance | 0.0925 | |||
| Mean Deviation | 1.17 | |||
| Semi Deviation | 1.48 | |||
| Downside Deviation | 1.68 | |||
| Coefficient Of Variation | 1547.48 | |||
| Standard Deviation | 1.66 | |||
| Variance | 2.76 | |||
| Information Ratio | 0.0225 | |||
| Jensen Alpha | 0.0266 | |||
| Total Risk Alpha | (0.03) | |||
| Sortino Ratio | 0.0223 | |||
| Treynor Ratio | 0.0825 | |||
| Maximum Drawdown | 9.2 | |||
| Value At Risk | (2.69) | |||
| Potential Upside | 2.74 | |||
| Downside Variance | 2.81 | |||
| Semi Variance | 2.2 | |||
| Expected Short fall | (1.17) | |||
| Skewness | 0.1405 | |||
| Kurtosis | 2.45 |
Garmin Backtested Returns
Garmin appears to be very steady, given 3 months investment horizon. Garmin holds Efficiency (Sharpe) Ratio of 0.13, which attests that the entity had a 0.13 % return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Garmin, which you can use to evaluate the volatility of the firm. Please utilize Garmin's Downside Deviation of 1.68, risk adjusted performance of 0.0573, and Market Risk Adjusted Performance of 0.0925 to validate if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Garmin holds a performance score of 10. The company retains a Market Volatility (i.e., Beta) of 1.18, which attests to a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Garmin will likely underperform. Please check Garmin's value at risk, as well as the relationship between the skewness and day median price , to make a quick decision on whether Garmin's current trending patterns will revert.
Auto-correlation | -0.4 |
Poor reverse predictability
Garmin has poor reverse predictability. Overlapping area represents the amount of predictability between Garmin time series from 18th of November 2025 to 2nd of January 2026 and 2nd of January 2026 to 16th of February 2026. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Garmin price movement. The serial correlation of -0.4 indicates that just about 40.0% of current Garmin price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.4 | |
| Spearman Rank Test | -0.25 | |
| Residual Average | 0.0 | |
| Price Variance | 19.92 |
Because income is reported on the Income Statement of a company and is measured in dollars some investors prefer to use Profit Margin, which measures income as a percentage of sales.
| Competition |
Garmin Accumulated Other Comprehensive Income
Accumulated Other Comprehensive Income |
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Based on the recorded statements, Garmin reported net income of 1.41 B. This is 161.87% higher than that of the Household Durables sector and significantly higher than that of the Consumer Discretionary industry. The net income for all United States stocks is 147.2% lower than that of the firm.
Garmin Net Income Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Garmin's direct or indirect competition against its Net Income to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Garmin could also be used in its relative valuation, which is a method of valuing Garmin by comparing valuation metrics of similar companies.Garmin is currently under evaluation in net income category among its peers.
Garmin ESG Sustainability
Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, Garmin's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Garmin's managers, analysts, and investors.Environmental | Governance | Social |
Garmin Institutional Holders
Institutional Holdings refers to the ownership stake in Garmin that is held by large financial organizations, pension funds or endowments. Institutions may hold large blocks of Garmin's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Garmin's value.| Shares | Disciplined Growth Investors Inc | 2025-06-30 | 1.4 M | Ubs Asset Mgmt Americas Inc | 2025-06-30 | 1.3 M | Amvescap Plc. | 2025-06-30 | 1.3 M | Aqr Capital Management Llc | 2025-06-30 | 1.2 M | Amundi | 2025-06-30 | 1.2 M | Legal & General Group Plc | 2025-06-30 | 1.1 M | Goldman Sachs Group Inc | 2025-06-30 | 1.1 M | Wells Fargo & Co | 2025-06-30 | 965.7 K | Charles Schwab Investment Management Inc | 2025-06-30 | 912.6 K | Vanguard Group Inc | 2025-06-30 | 19.7 M | Blackrock Inc | 2025-06-30 | 16.1 M |
Garmin Fundamentals
| Return On Equity | 0.2 | ||||
| Return On Asset | 0.11 | ||||
| Profit Margin | 0.23 % | ||||
| Operating Margin | 0.26 % | ||||
| Current Valuation | 38.92 B | ||||
| Shares Outstanding | 192.33 M | ||||
| Shares Owned By Insiders | 14.89 % | ||||
| Shares Owned By Institutions | 57.06 % | ||||
| Number Of Shares Shorted | 2.01 M | ||||
| Price To Earning | 17.96 X | ||||
| Price To Book | 4.87 X | ||||
| Price To Sales | 5.95 X | ||||
| Revenue | 6.3 B | ||||
| Gross Profit | 4.08 B | ||||
| EBITDA | 1.77 B | ||||
| Net Income | 1.41 B | ||||
| Cash And Equivalents | 1.28 B | ||||
| Cash Per Share | 7.62 X | ||||
| Total Debt | 162.79 M | ||||
| Debt To Equity | 0.02 % | ||||
| Current Ratio | 2.75 X | ||||
| Book Value Per Share | 44.07 X | ||||
| Cash Flow From Operations | 1.43 B | ||||
| Short Ratio | 3.45 X | ||||
| Earnings Per Share | 8.12 X | ||||
| Price To Earnings To Growth | 2.98 X | ||||
| Target Price | 235.25 | ||||
| Number Of Employees | 21.8 K | ||||
| Beta | 1.0 | ||||
| Market Capitalization | 41.34 B | ||||
| Total Asset | 9.63 B | ||||
| Retained Earnings | 6 B | ||||
| Working Capital | 3.83 B | ||||
| Current Asset | 2.21 B | ||||
| Current Liabilities | 866 M | ||||
| Annual Yield | 0.02 % | ||||
| Five Year Return | 2.57 % | ||||
| Net Asset | 9.63 B | ||||
| Last Dividend Paid | 3.6 |
About Garmin Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Garmin's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Garmin using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Garmin based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
Pair Trading with Garmin
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Garmin position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Garmin will appreciate offsetting losses from the drop in the long position's value.Moving against Garmin Stock
| 0.7 | 5PD | Prodways Group SA | PairCorr |
| 0.58 | LHL | Lenovo Group Limited | PairCorr |
| 0.43 | 2EI | MGI Digital Technology Earnings Call This Week | PairCorr |
| 0.37 | GUL | Guillemot SA | PairCorr |
| 0.36 | 7HP | HP Inc | PairCorr |
The ability to find closely correlated positions to Garmin could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Garmin when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Garmin - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Garmin to buy it.
The correlation of Garmin is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Garmin moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Garmin moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Garmin can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out To learn how to invest in Garmin Stock, please use our How to Invest in Garmin guide.You can also try the Portfolio Anywhere module to track or share privately all of your investments from the convenience of any device.
Will Consumer Electronics sector continue expanding? Could Garmin diversify its offerings? Factors like these will boost the valuation of Garmin. Market participants price Garmin higher when confident in its future expansion prospects. Accurate valuation requires analyzing both current fundamentals and future growth trajectories. Every Garmin data point contributes insight, yet successful analysis hinges on identifying the most consequential variables.
Quarterly Earnings Growth 0.005 | Dividend Share 3.6 | Earnings Share 8.12 | Revenue Per Share | Quarterly Revenue Growth 0.117 |
Garmin's market price often diverges from its book value, the accounting figure shown on Garmin's balance sheet. Smart investors calculate Garmin's intrinsic value - its true economic worth - which may differ significantly from both market price and book value. Seasoned market participants apply comprehensive analytical frameworks to derive fundamental worth and identify mispriced opportunities. Since Garmin's trading price responds to investor sentiment, macroeconomic conditions, and market psychology, it can swing far from fundamental value.
Please note, there is a significant difference between Garmin's value and its price as these two are different measures arrived at by different means. Investors typically determine if Garmin is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Garmin's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.