Garmin reported a healthy first quarter, with sales rising 14% year over year to $1.75 billion. Pro forma EPS was $2.08, representing a solid 29% increase. The outdoor segment underperformed, offset by broad-based growth in other segments, leading to a reiterated 2026 guide.
Garmin’s brand prowess in advanced wearables, because of its superior topographical charting and superior health tracking, is helping woo performance-focused consumers seeking alternatives to mainstream watches.
Garmin’s market share in casual and lifestyle wearables is being increasingly encroached by tech giants like Apple, Samsung, and Google, who are increasingly investing in their fitness offerings.
|
Metric
|
GRMN
|
005930
|
AAPL
|
|---|---|---|---|
Price/Earnings (Normalized) | 26.18 | 23.68 | 37.16 |
Price/Book Value | 4.92 | 4.12 | 42.33 |
Price/Sales | 6.14 | 4.47 | 10.10 |
Price/Cash Flow | 20.79 | 11.80 | 30.59 |
|
Metric
|
GRMN
|
005930
|
AAPL
|
|---|---|---|---|
Quick Ratio | 2.65 | 1.96 | 0.91 |
Current Ratio | 4.36 | 2.54 | 1.07 |
Interest Coverage | — | 15.02 | — |
|
Metric
|
GRMN
|
005930
|
AAPL
|
|---|---|---|---|
Return on Assets (Normalized) | 17.91% | 15.73% | 37.73% |
Return on Equity (Normalized) | 21.88% | 20.73% | 166.76% |
Return on Invested Capital (Normalized) | 20.22% | 18.46% | 76.45% |
|
1-Day Chart
|
Name
|
Price
|
Morningstar Rating for Stocks
|
Capital Allocation
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Economic Moat
|
Market Cap
|
|---|---|---|---|---|---|---|
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KYCCF
| — | Dzdf | $118B | |||
| Coherent Corp
COHR
| — | Vyhhmq | $74B | |||
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KEYS
| Vjrsyyyd | Rgjh | $56B | |||
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TDY
| — | Tnzcdw | $28B | |||
| Hexagon AB Class B
HXGBF
| — | Zkg | $24B | |||
| Hexagon AB ADR
HXGBY
| — | Ddkf | $24B | |||
| Sensata Technologies Holding PLC
ST
| Xdxgxghp | Bbkzy | $7B | |||
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VNT
| Wmdlqvmj | Ptgprbf | $4B | |||
| Badger Meter Inc
BMI
| Zvjmfksd | Zxgmghs | $4B |
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United States