Garmin Ltd (GRMN) — Capital Reinvestment Ratio
Garmin Ltd (GRMN) has a Capital Reinvestment Ratio of 0.22x as of December 2025, meaning it reinvests 0% of its operating cash flow ($553.78 Million) in capital expenditures ($124.17 Million). See debt-free asset ratio of Garmin Ltd to measure how much of total assets are equity-financed.
Capital Reinvestment Ratio
Operating Cash Flow
Capital Expenditures
Data as of
Garmin Ltd Capital Reinvestment Ratio (1999–2025)
This chart tracks Garmin Ltd's Capital Reinvestment Ratio across 27 annual periods. Check cash flow reinvestment rate of Garmin Ltd to assess the company's total reinvestment commitment from operating cash flow.
Annual Capital Reinvestment Ratio for Garmin Ltd (1999–2025)
Year-by-year Capital Reinvestment Ratio for Garmin Ltd from 1999 to 2025. For live market cap and broader valuation context, see Garmin Ltd (GRMN) total market value.
| Year | Reinvestment Ratio | Operating CF (USD) | Capital Expenditures | YoY Change |
|---|---|---|---|---|
| 2025 | 0.17x | $1.63 Billion | $270.45 Million | ▲ +22.5% |
| 2024 | 0.14x | $1.43 Billion | $193.57 Million | ▼ -4.6% |
| 2023 | 0.14x | $1.38 Billion | $195.03 Million | ▼ -54.6% |
| 2022 | 0.31x | $788.26 Million | $246.19 Million | ▲ +2.1% |
| 2021 | 0.31x | $1.01 Billion | $309.59 Million | ▲ +85.2% |
| 2020 | 0.17x | $1.14 Billion | $187.47 Million | ▼ -4.2% |
| 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 | ▼ -54.5% |
| 2015 | 0.30x | $280.47 Million | $84.48 Million | ▲ +101.7% |
| 2014 | 0.15x | $522.71 Million | $78.06 Million | ▲ +64.5% |
| 2013 | 0.09x | $630.08 Million | $57.20 Million | ▲ +37.5% |
| 2012 | 0.07x | $684.75 Million | $45.23 Million | ▲ +31.9% |
| 2011 | 0.05x | $822.33 Million | $41.17 Million | ▲ +7.2% |
| 2010 | 0.05x | $770.64 Million | $35.98 Million | ▼ -10.0% |
| 2009 | 0.05x | $1.09 Billion | $56.77 Million | ▼ -64.7% |
| 2008 | 0.15x | $862.16 Million | $126.59 Million | ▼ -37.3% |
| 2007 | 0.23x | $682.09 Million | $159.70 Million | ▼ -11.8% |
| 2006 | 0.27x | $361.86 Million | $96.02 Million | ▲ +141.6% |
| 2005 | 0.11x | $247.00 Million | $27.13 Million | ▼ -70.6% |
| 2004 | 0.37x | $208.94 Million | $78.14 Million | ▲ +99.9% |
| 2003 | 0.19x | $175.18 Million | $32.77 Million | ▲ +164.1% |
| 2002 | 0.07x | $175.41 Million | $12.42 Million | ▼ -38.1% |
| 2001 | 0.11x | $129.99 Million | $14.88 Million | ▼ -59.3% |
| 2000 | 0.28x | $88.32 Million | $24.82 Million | ▼ -61.3% |
| 1999 | 0.73x | $44.34 Million | $32.20 Million | — |