Garmin Ltd (GRMN) - Cash Flow Conversion Efficiency
Based on the latest financial reports, Garmin Ltd (GRMN) has a cash flow conversion efficiency ratio of 0.037x as of June 2026. Cash flow conversion efficiency measures how effectively a company's net assets (equity) generate operating cash flow. It is calculated by dividing operating cash flow ($337.93 Million) by net assets ($9.03 Billion). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations. Also see Garmin Ltd (GRMN) market capitalisation for the company's overall valuation and market capitalisation.
Garmin Ltd - Cash Flow Conversion Efficiency Trend (1999–2025)
This chart illustrates how Garmin Ltd's cash flow conversion efficiency has evolved over time, based on yearly financial data.
Garmin Ltd Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Garmin Ltd ranked by their cash flow conversion efficiency. Explore GRMN cash flow quality index to measure how well operating cash flow supports reported net income.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Nu Holdings Ltd
NYSE:NU
|
0.073x |
|
Realty Income Corporation
NYSE:O
|
0.021x |
|
Ford Motor Company
NYSE:F
|
0.122x |
|
China Citic Bank Corp Ltd Class A
SHG:601998
|
0.217x |
|
Ametek Inc
NYSE:AME
|
0.041x |
|
Alimentation Couchen Tard Inc A
TO:ATD
|
0.080x |
|
Elite Material Co Ltd
TW:2383
|
0.056x |
|
Loblaw Companies Limited
TO:L
|
0.147x |
Annual Cash Flow Conversion Efficiency for Garmin Ltd (1999–2025)
The table below shows the annual cash flow conversion efficiency of Garmin Ltd from 1999 to 2025. View Garmin Ltd share price for real-time trading data and today's change.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2025-12-31 | $8.97 Billion | $1.63 Billion | 0.182x | -0.26% |
| 2024-12-31 | $7.85 Billion | $1.43 Billion | 0.183x | -7.01% |
| 2023-12-31 | $7.01 Billion | $1.38 Billion | 0.196x | +54.48% |
| 2022-12-31 | $6.20 Billion | $788.26 Million | 0.127x | -23.27% |
| 2021-12-31 | $6.11 Billion | $1.01 Billion | 0.166x | -19.54% |
| 2020-12-31 | $5.52 Billion | $1.14 Billion | 0.206x | +41.23% |
| 2019-12-31 | $4.79 Billion | $698.55 Million | 0.146x | -34.02% |
| 2018-12-31 | $4.16 Billion | $919.52 Million | 0.221x | +27.09% |
| 2017-12-31 | $3.80 Billion | $660.84 Million | 0.174x | -15.82% |
| 2016-12-31 | $3.42 Billion | $705.68 Million | 0.206x | +146.24% |
| 2015-12-31 | $3.35 Billion | $280.47 Million | 0.084x | -45.41% |
| 2014-12-31 | $3.40 Billion | $522.71 Million | 0.154x | -10.79% |
| 2013-12-31 | $3.66 Billion | $630.08 Million | 0.172x | -11.20% |
| 2012-12-31 | $3.53 Billion | $684.75 Million | 0.194x | -23.22% |
| 2011-12-31 | $3.26 Billion | $822.33 Million | 0.253x | -0.08% |
| 2010-12-31 | $3.05 Billion | $770.64 Million | 0.253x | -34.51% |
| 2009-12-31 | $2.84 Billion | $1.09 Billion | 0.386x | -0.38% |
| 2008-12-31 | $2.23 Billion | $862.16 Million | 0.387x | +33.49% |
| 2007-12-31 | $2.35 Billion | $682.09 Million | 0.290x | +24.93% |
| 2006-12-31 | $1.56 Billion | $361.86 Million | 0.232x | +8.82% |
| 2005-12-31 | $1.16 Billion | $247.00 Million | 0.213x | -4.40% |
| 2004-12-31 | $935.86 Million | $208.94 Million | 0.223x | -4.46% |
| 2003-12-31 | $749.69 Million | $175.18 Million | 0.234x | -19.74% |
| 2002-12-31 | $602.50 Million | $175.41 Million | 0.291x | +1.67% |
| 2001-12-31 | $453.97 Million | $129.99 Million | 0.286x | +18.41% |
| 2000-12-31 | $365.24 Million | $88.32 Million | 0.242x | +6.13% |
| 1999-12-31 | $194.60 Million | $44.34 Million | 0.228x | -- |
About Garmin Ltd
Garmin Ltd. designs, develops, manufactures, markets, and distributes a diverse range of GPS-enabled products and navigation, communications, sensor-based, and information products and services worldwide. It offers running; cycling products; smartwatch devices; scales and monitors; and sports timing and performance analysis; Garmin Connect and Garmin Connect Mobile, which are web and mobile platf… Read more