Garmin Ltd (GEY) — Cash Flow Reinvestment Rate

Latest as of March 2026: 0.47x

Garmin Ltd (GEY) has a Cash Flow Reinvestment Rate of 0.47x as of March 2026, reinvesting €252.06 Million (capex €66.62 Million plus investments €-185.45 Million) from operating cash flow of €535.99 Million. Check Garmin Ltd cash earnings quality to evaluate the quality of earnings relative to operating cash generation.

Reinvestment Rate

0.47x
(Capex + Investments) / Operating CF

Total Reinvested

€252.06 Million
Capex + Investments

Operating Cash Flow

€535.99 Million
EUR

Capital Expenditures

€66.62 Million
EUR

Garmin Ltd Cash Flow Reinvestment Rate (2013–2025)

Historical reinvestment intensity for Garmin Ltd across 12 annual periods. Explore Garmin Ltd long-term investment intensity to see how much of total assets are deployed in long-term investments.

Annual Cash Flow Reinvestment Rate for Garmin Ltd (2013–2025)

Year-by-year capital reinvestment analysis for Garmin Ltd. For live market cap and broader valuation context, see GEY stock market capitalisation.

Year Reinvestment Rate Total Reinvested (EUR) Operating CF Capex YoY Change
2025 0.29x €469.90 Million €1.63 Billion €270.45 Million ▲ +5.2%
2024 0.27x €391.92 Million €1.43 Billion €193.57 Million ▲ +82.6%
2023 0.15x €206.22 Million €1.38 Billion €193.52 Million ▼ -66.9%
2022 0.45x €356.41 Million €788.26 Million €244.29 Million ▲ +0.6%
2021 0.45x €455.23 Million €1.01 Billion €309.59 Million ▼ -45.0%
2019 0.82x €571.15 Million €698.55 Million €120.41 Million ▲ +60.7%
2018 0.51x €467.86 Million €919.52 Million €160.35 Million ▼ -3.0%
2017 0.52x €346.46 Million €660.84 Million €151.93 Million ▲ +69.5%
2016 0.31x €218.21 Million €705.68 Million €96.67 Million ▲ +3.5%
2015 0.30x €83.81 Million €280.47 Million €80.59 Million ▼ -4.5%
2014 0.31x €163.53 Million €522.71 Million €73.34 Million ▲ +49.6%
2013 0.21x €131.74 Million €630.08 Million €56.08 Million
Cash Flow Reinvestment Rate = (ABS(Capex) + ABS(Investments)) / Operating Cash Flow