Skip to content

Garmin GRMN Operating Lease ROU Assets

Operating Lease ROU Assets at other companies

Moog Inc. logo
Moog Inc.MOG.B
$54.15M-2.2%
Aptiv logo
AptivAPTV
$504M-0.6%
Alphabet Inc. logo
Alphabet Inc.GOOGL
Marvell Technology, Inc. logo
Marvell Technology, Inc.MRVL

Other financials

Income statement

See full
Revenue$1.8B+14.2%
Gross profit$1.0B+17.8%
Operating income$431.7M+29.7%
Net income$405.1M+21.7%
EPS (diluted)$2.09+21.5%

Balance sheet

See full
Cash & equivalents$2.3B+5.3%
Total debt$167.6M+19.5%
Total equity$9.3B+13.3%
Total assets$11.0B+11.9%

Cash flow

See full
Operating cash flow$536.0M+27.4%
CapEx$66.6M+66.3%
Free cash flow$469.4M+23.3%

Valuation

See full
Market cap$45.17B+6.9%
Enterprise value$43.04B+7.0%
P/E26×-2.8×
P/S6.1×-0.5×

Profitability

See full
Gross margin59.1%+0.6pp
Operating margin26.5%+1.2pp
Net margin23.3%+0.5pp
FCF margin19.4%+0.6pp

Returns & leverage

See full
Return on equity19.9%+0.9pp
Debt / equity0.0×
Current ratio4.4×+0.3×

Where this comes from

Reported directly by Garmin in its filing.

Tagged under the XBRL concept us-gaap:OperatingLeaseRightOfUseAsset.

The official record: Garmin’s 10-Q, filed April 29, 2026, on SEC EDGAR. View the filing →

Ask your AI about Garmin's operating lease rou assets.

Connect your AI assistant and compare it to peers, right in your chat.

Connect your AI
Harbor at dusk
Claude

Questions, answered.

What is Garmin's operating lease ROU assets?
Garmin (GRMN) reported operating lease ROU assets of $203.39M in Q1 2026.
How has Garmin's operating lease ROU assets changed year-over-year?
Garmin's operating lease ROU assets increased by 19.1% year-over-year, from $170.7M to $203.39M.
What is the long-term trend for Garmin's operating lease ROU assets?
Over 5 years (2020 to 2025), Garmin's operating lease ROU assets has grown at a 15.7% compound annual growth rate (CAGR), from $94.63M to $196.18M.
What does operating lease ROU assets mean?
The value of the company's right to use leased property, such as offices or warehouses.
How do you interpret operating lease ROU assets?
An increase reflects expansion of physical footprint through leasing, while a decrease indicates consolidation or lease expirations.
How does operating lease ROU assets compare across companies?
Standardized across all companies following the adoption of ASC 842/IFRS 16.