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Garmin GRMN Total Equity

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Other financials

Income statement

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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

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Cash & equivalents$2.3B+5.3%
Total debt$167.6M+19.5%
Total assets$11.0B+11.9%

Cash flow

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

Valuation

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

Profitability

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

Returns & leverage

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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:StockholdersEquity.

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

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Questions, answered.

What is Garmin's total equity?
Garmin (GRMN) reported total equity of $9.27B in Q1 2026.
How has Garmin's total equity changed year-over-year?
Garmin's total equity increased by 13.3% year-over-year, from $8.18B to $9.27B.
What is the long-term trend for Garmin's total equity?
Over 5 years (2020 to 2025), Garmin's total equity has grown at a 10.2% compound annual growth rate (CAGR), from $5.52B to $8.97B.
What does total equity mean?
The total value of the company that belongs to the shareholders after all debts are paid.
How do you interpret total equity?
An increasing trend generally indicates profitable operations and capital retention, whereas a decreasing trend may signal share buybacks, dividend payouts, or net losses.
How does total equity compare across companies?
Standardized across all public companies; peers with higher growth rates often show faster equity accumulation through retained earnings.