Garmin

Garmin EV/EBIT

The EV/EBIT (Enterprise Value to EBIT) of Garmin (GRMN) as of Oct 28, 2026 is 22.02. In the previous year, EV/EBIT (Enterprise Value to EBIT) was 25.91 — a change of -15.04% (lower).

EV/EBIT

22.02

YoY

-15.04%

Last updated:

EV/EBIT (Enterprise Value to EBIT) of Garmin is 2025 22.02 . EV/EBIT (Enterprise Value to EBIT) of Garmin was 2024 25.91 . It decreases by -15.04% lower compared to the previous year.

The Garmin EV/EBIT history

  • 3 Years

  • 10 Years

  • 25 Years

  • Max

EV/EBIT
Date
EV/EBIT
Jan 1, 2019
43.68 USD
Jan 1, 2020
39.18 USD
Jan 1, 2021
33.89 USD
Jan 1, 2022
40.18 USD
Jan 1, 2023
37.82 USD
Jan 1, 2024
25.91 USD
Jan 1, 2025
22.02 USD
Jan 1, 2026 (e)
25.28 USD
The Garmin EV/EBIT history
YEAREV/EBITYoY
est25.28+14.83%
22.02-15.04%
25.91-31.48%
37.82-5.89%
40.18+18.56%
33.89-13.49%
39.18-10.31%
43.68-17.69%
53.06-14.07%
61.75-6.72%
66.20-11.91%
75.15+25.66%
59.80+278.50%
15.80+19.34%
13.24-5.63%
14.03+47.84%
9.49+20.58%
7.87+75.28%
4.49-80.99%
23.62+7.66%
21.94—

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Garmin Valuation

Details

Historical Valuation Multiples

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Price-to-Earnings Ratio (P/E)

The P/E ratio divides Garmin's share price by its earnings per share. It tells you how many years of current earnings you are "paying for" when you buy the stock. A P/E of 20 means you pay $20 for every $1 of annual earnings. The S&P 500 historically trades at an average P/E of roughly 15–17. A P/E significantly above that may signal high growth expectations; one below may indicate undervaluation — or declining business quality.

Price-to-Sales Ratio (P/S)

The P/S ratio divides market capitalization by total revenue. Unlike the P/E ratio, it works even for companies that are not yet profitable, making it essential for evaluating high-growth firms. A P/S below 1.0 may indicate undervaluation, while ratios above 10 are typically reserved for fast-growing tech or SaaS companies with high expected future margins.

Price-to-EBIT Ratio

This ratio relates Garmin's market price to its operating earnings, excluding the effects of debt structure and tax jurisdiction. It is particularly useful for comparing companies across different countries or with different levels of leverage, because it focuses purely on operational profitability. Lower values suggest cheaper operational earnings.

How to Use This Chart

This chart plots Garmin's valuation multiples over time. Compare the current P/E, P/S, and P/EBIT to their own historical averages — if the current ratio is well below the multi-year average, the stock may be relatively cheap compared to its own track record. Combine this with industry comparisons: a P/E that looks high in absolute terms may be justified if Garmin grows earnings faster than its peers.

Garmin Stock analysis

What does Garmin do? Garmin Ltd. is a company that specializes mainly in the production of GPS devices and other navigation solutions. The company was founded in 1989 by Gary Burrell and Min Kao in Kansas, USA and is headquartered in Schaffhausen, Switzerland. Garmin is one of the most popular companies on Eulerpool.

Frequently Asked Questions about Garmin stock

EV/EBIT (Enterprise Value to EBIT) of Garmin is 22.02 in 2025.

EV/EBIT (Enterprise Value to EBIT) of Garmin changed from 25.91 to 22.02, representing a -15.04% change. The value is lower than the previous year.

On Eulerpool you can find the complete historical development of EV/EBIT (Enterprise Value to EBIT) Garmin since 2006 – with annual values, charts, and detailed analysis.

The EV/EBIT ratio measures a company's enterprise value relative to its operating earnings. It accounts for debt, making it useful for comparing companies with different capital structures.

EV/EBIT = Enterprise Value / Earnings Before Interest and Taxes

To evaluate EV/EBIT (Enterprise Value to EBIT)'s, it is essential to compare it with peers in the same industry and sector. On Eulerpool, you can find direct industry comparisons for EV/EBIT (Enterprise Value to EBIT).

A 'good' varies by industry and company stage. On Eulerpool, you can compare EV/EBIT (Enterprise Value to EBIT)'s Garmin with sector peers and the industry average to assess whether it is attractive.

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Valuation — Garmin

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