Garmin Ltd. (GRMN)
Garmin is a technology company that makes high-end GPS devices, smartwatches, and navigation systems for fitness, aviation, and marine enthusiasts.
Is Garmin Ltd. a good stock for a UK beginner?
The honest version: Garmin is a technology company that makes high-end GPS devices, smartwatches, and navigation systems for fitness, aviation, and marine enthusiasts.
Over about 2 years to 2026-07-31. This is the share price only - reinvesting the dividends would add to it. And it's the USD return - as a UK investor your actual £ return also moves with the exchange rate. Past performance is not a guide to the future, and it could just as easily have fallen.
Based on beta - how much the price swings versus the whole market. Bumpier isn't bad; it just means a rougher ride, which matters more the sooner you might need the money.
Prices move on results, news and the mood of the whole market - no single headline explains a day, and a quiet week is usually just noise, not a signal.
Garmin becomes the standard for integrated health and navigation tech.
Technological disruption makes dedicated GPS devices obsolete.
What does Garmin Ltd. do?
Garmin has evolved from simple car sat-navs into a powerhouse for wearable tech, helping runners track their pace, pilots navigate the skies, and sailors find their way at sea. Sales of these premium gadgets, along with the software subscriptions that often accompany them, are what pay the bills. Their fortunes hinge on keeping their tech feeling fresh and essential in a world where everyone already has a smartphone in their pocket.
On our factor screen it looks strongest on momentum and quality, and weakest on value.
- ✓Pays a dividend - about 1.4% a year
- ✓Growing - revenue up about 11% over the year
- ✓Very profitable - turns about 24% of sales into profit
- !High P/E of 30 - big growth is already priced in
- ✓Low debt - a sturdier balance sheet
- ✓Strong return on shareholder money (ROE 22%)
- Quality screens high (78/100)
- Momentum screens high (90/100)
- Strong brand loyalty among athletes and professionals
- High profit margins compared to many hardware makers
- Diverse range of products across different industries
- Value screens low (23/100)
- Economic downturns often lead to lower sales of non-essential items
- Supply chain issues could disrupt the manufacturing of complex devices
- Rapid changes in consumer preferences for wearable tech
What do Garmin Ltd.'s numbers mean?
How much money does Garmin Ltd. make?
Revenue and profit by quarter, and how much of each sale turns into profit.
Does Garmin Ltd. pay a dividend?
Yes - Garmin Ltd. currently pays a dividend of about 1.4% a year (the yearly payout as a share of the price). A dividend is a slice of profit handed to shareholders; the yield moves as the price moves, and a company can cut or stop it.
When does Garmin Ltd. report earnings, and how did recent quarters go?
Garmin Ltd. is next scheduled to report on about 2026-10-28 - dates can move, and we don't predict results; this just tells you when to look.
Each quarter a company reports its results against what analysts expected. ‘Beating’ or ‘missing’ is about that expectation, not whether the business is doing well in absolute terms.
| Reported | Expected EPS: The earnings per share analysts expected for the quarter - the average of their forecasts. 'Beating' or 'missing' is measured against this number. | Actual EPS | vs expected |
|---|---|---|---|
| 2026-07-29 | $2.29 | $2.81 | Beat +23% |
| 2026-04-29 | $1.84 | $2.08 | Beat +13% |
| 2026-02-18 | $2.39 | $2.79 | Beat +17% |
| 2025-10-29 | $1.99 | $1.99 | In line |
| 2025-07-30 | $1.90 | $2.17 | Beat +14% |
| 2025-04-30 | $1.68 | $1.61 | Missed -4% |
Across the last 6 quarters here, Garmin Ltd. came in ahead of what analysts expected 4 times. One quarter is noise, not a trend.
See who else reports over the next two weeks →
Reported vs expected earnings per share (EPS) from published results; the expectation is the analyst consensus, not our view. Report dates are estimates that can move.
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Hewlett Packard EnterpriseWhat are the scenarios for Garmin Ltd.?
An illustrative range for the year ahead, with the assumption behind each case — not a prediction or a price target.
What are the pros and cons of Garmin Ltd.?
How many points the write-up makes each way — a balance check, not a score or verdict.
- Strong brand loyalty among athletes and professionals
- High profit margins compared to many hardware makers
- Diverse range of products across different industries
- Faces stiff competition from tech giants with deeper pockets
- Relies on consumers having extra cash for premium gadgets
- Hardware can be prone to rapid technological obsolescence
- Economic downturns often lead to lower sales of non-essential items
- Supply chain issues could disrupt the manufacturing of complex devices
- Rapid changes in consumer preferences for wearable tech
The write-up's own warning lights — if these start happening, the case above changes.
- A significant drop in profit margins would suggest their products are losing their premium status.
- A sustained decline in revenue growth would indicate that their market is becoming saturated.
Built from public filings & market prices, checked for an education-only tone, and never a price target. How we make these →
This plain-English summary was auto-generated on 2026-08-01 from public data and checked for an education-only, no-advice tone (the figures above carry their own, usually fresher, 'as of' date). It's information, never a recommendation.