Garmin Ltd (GEY) — Cash Flow Reinvestment Rate
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. See cash generation quality of Garmin Ltd to measure how efficiently the company converts operating cash flow to free cash.
Reinvestment Rate
Total Reinvested
Operating Cash Flow
Capital Expenditures
Garmin Ltd Cash Flow Reinvestment Rate (2013–2025)
Historical reinvestment intensity for Garmin Ltd across 12 annual periods. For the full cash flow conversion analysis, see Garmin Ltd cash flow conversion.
Annual Cash Flow Reinvestment Rate for Garmin Ltd (2013–2025)
Year-by-year capital reinvestment analysis for Garmin Ltd. See GEY FCF to total liabilities ratio to measure the company's free cash flow as a share of total liabilities.
| 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 | — |