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EBIT at other companies

Brunswick logo
BrunswickBC
$129.4M+25.3%
Raytheon Technologies logo
Raytheon TechnologiesRTX
$2.81B+31.0%
Apple logo
AppleAAPL
$35.7B+26.6%
Honeywell International logo
Honeywell InternationalHON
$7.89B+259%
Johnson Outdoors logo
Johnson OutdoorsJOUT
$10.35M+111%
Innovative Solutions & Support logo
Innovative Solutions & SupportISSC
$4.94M-29.2%

Other financials

Income statement

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Revenue$2.0B+11.4%
Gross profit$1.3B+18.3%
Operating income$615.5M+30.3%
Net income$541.9M+35.2%
EPS (diluted)$2.80+35.3%

Balance sheet

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Cash & equivalents$2.3B+12.6%
Total debt$178.0M+19.7%
Total equity$9.0B+11.1%
Total assets$11.4B+10.7%

Cash flow

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Operating cash flow$403.6M+133%
CapEx$127.8M+180%
Free cash flow$275.8M+116%

Valuation

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Market cap$58.35B+31.7%
Enterprise value$56.19B+32.6%
P/E31.1×+2.8×
P/S7.6×+1.1×

Profitability

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Gross margin60.1%+1.1pp
Operating margin27.6%+1.6pp
Net margin24.5%+1.3pp
FCF margin20.9%+4.2pp

Returns & leverage

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Return on equity21.9%+1.2pp
Debt / equity0.0×
Current ratio0.0×

Where this comes from

Calculated from Garmin’s reported figures.

Plus components not separately reported this period.

The source filing: Garmin’s 10-Q, filed July 29, 2026. Open the filing →

Filed
Jul 29, 2026, 7:00 AM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0001193125-26-322114

FAQ

What is Garmin's EBIT?
Garmin (GRMN) reported EBIT of $615.51M in Q2 2026.
How has Garmin's EBIT changed year-over-year?
Garmin's EBIT increased by 30.3% year-over-year, from $472.3M to $615.51M.
What is the long-term trend for Garmin's EBIT?
Over 4 years (2021 to 2025), Garmin's EBIT has grown at a 11.4% compound annual growth rate (CAGR), from $1.22B to $1.88B.
What does EBIT mean?
Earnings before interest and taxes — the profit from the business before financing cost and tax. Uses reported operating income where a company reports it; otherwise pre-tax income plus interest expense. Lets companies be compared on earning power independent of capital structure.

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