Garmin Ltd Capital Reinvestment Ratio
Garmin Ltd capital reinvestment ratio. Garmin Ltd (GEY) has a Capital Reinvestment Ratio of 0.12x as of March 2026, meaning it reinvests 0% of its operating cash flow (€535.99 Million) in capital expenditures (€66.62 Million). See GEY FCF generation index to measure how efficiently the company converts operating cash flow to free cash.
Capital Reinvestment Ratio
Operating Cash Flow
Capital Expenditures
Data as of
Capital Reinvestment Ratio of Garmin Ltd (2013–2025)
Capital reinvestment ratio of Garmin Ltd from 2013 to 2025. This chart tracks Garmin Ltd's Capital Reinvestment Ratio across 12 annual periods. See Garmin Ltd leverage flexibility ratio to measure the company's free cash flow as a share of total liabilities.
Garmin Ltd Capital Reinvestment Ratio by Year (2013–2025)
Garmin Ltd capital reinvestment ratio by year from 2013 to 2025. For the full cash flow conversion analysis, see Garmin Ltd (GEY) cash flow conversion.
| Year | Reinvestment Ratio | Operating CF (EUR) | Capital Expenditures | YoY Change |
|---|---|---|---|---|
| 2025 | 0.17x | €1.63 Billion | €270.45 Million | ▲ +22.5% |
| 2024 | 0.14x | €1.43 Billion | €193.57 Million | ▼ -3.9% |
| 2023 | 0.14x | €1.38 Billion | €193.52 Million | ▼ -54.6% |
| 2022 | 0.31x | €788.26 Million | €244.29 Million | ▲ +1.3% |
| 2021 | 0.31x | €1.01 Billion | €309.59 Million | ▲ +77.4% |
| 2019 | 0.17x | €698.55 Million | €120.41 Million | ▼ -1.2% |
| 2018 | 0.17x | €919.52 Million | €160.35 Million | ▼ -24.1% |
| 2017 | 0.23x | €660.84 Million | €151.93 Million | ▲ +67.8% |
| 2016 | 0.14x | €705.68 Million | €96.67 Million | ▼ -52.3% |
| 2015 | 0.29x | €280.47 Million | €80.59 Million | ▲ +104.8% |
| 2014 | 0.14x | €522.71 Million | €73.34 Million | ▲ +57.6% |
| 2013 | 0.09x | €630.08 Million | €56.08 Million | — |