Garmin Ltd (GRMN) — Cash Flow Reinvestment Rate
Garmin Ltd (GRMN) has a Cash Flow Reinvestment Rate of 0.24x as of December 2025, reinvesting $131.34 Million (capex $124.17 Million plus investments $-7.17 Million) from operating cash flow of $553.78 Million. Explore Garmin Ltd capital reinvestment ratio to see what proportion of operating cash flow is directed to capital expenditures.
Reinvestment Rate
Total Reinvested
Operating Cash Flow
Capital Expenditures
Garmin Ltd Cash Flow Reinvestment Rate (1999–2025)
Historical reinvestment intensity for Garmin Ltd across 27 annual periods. Also explore GRMN current and non-current assets for the complete picture of this company's asset base.
Annual Cash Flow Reinvestment Rate for Garmin Ltd (1999–2025)
Year-by-year capital reinvestment analysis for Garmin Ltd. For live market cap and broader valuation context, see GRMN company net worth.
| Year | Reinvestment Rate | Total Reinvested (USD) | Operating CF | Capex | YoY Change |
|---|---|---|---|---|---|
| 2025 | 0.29x | $469.90 Million | $1.63 Billion | $270.45 Million | ▼ -29.8% |
| 2024 | 0.41x | $586.90 Million | $1.43 Billion | $193.57 Million | ▲ +95.3% |
| 2023 | 0.21x | $288.69 Million | $1.38 Billion | $195.03 Million | ▼ -53.9% |
| 2022 | 0.45x | $358.31 Million | $788.26 Million | $246.19 Million | ▲ +1.1% |
| 2021 | 0.45x | $455.23 Million | $1.01 Billion | $309.59 Million | ▲ +95.5% |
| 2020 | 0.23x | $261.08 Million | $1.14 Billion | $187.47 Million | ▲ +6.4% |
| 2019 | 0.22x | $150.99 Million | $698.55 Million | $120.41 Million | ▼ -29.0% |
| 2018 | 0.30x | $279.93 Million | $919.52 Million | $160.35 Million | ▲ +0.8% |
| 2017 | 0.30x | $199.58 Million | $660.84 Million | $151.93 Million | ▲ +43.1% |
| 2016 | 0.21x | $148.94 Million | $705.68 Million | $96.67 Million | ▼ -32.5% |
| 2015 | 0.31x | $87.70 Million | $280.47 Million | $84.48 Million | ▼ -46.5% |
| 2014 | 0.58x | $305.63 Million | $522.71 Million | $78.06 Million | ▲ +177.3% |
| 2013 | 0.21x | $132.87 Million | $630.08 Million | $57.20 Million | ▼ -70.5% |
| 2012 | 0.71x | $489.22 Million | $684.75 Million | $45.23 Million | ▲ +35.2% |
| 2011 | 0.53x | $434.51 Million | $822.33 Million | $41.17 Million | ▲ +561.9% |
| 2010 | 0.08x | $61.52 Million | $770.64 Million | $35.98 Million | ▼ -84.0% |
| 2009 | 0.50x | $547.77 Million | $1.09 Billion | $56.77 Million | ▲ +240.9% |
| 2008 | 0.15x | $126.59 Million | $862.16 Million | $126.59 Million | ▼ -37.3% |
| 2007 | 0.23x | $159.70 Million | $682.09 Million | $159.70 Million | ▼ -11.8% |
| 2006 | 0.27x | $96.02 Million | $361.86 Million | $96.02 Million | ▲ +141.6% |
| 2005 | 0.11x | $27.13 Million | $247.00 Million | $27.13 Million | ▼ -70.6% |
| 2004 | 0.37x | $78.14 Million | $208.94 Million | $78.14 Million | ▲ +99.9% |
| 2003 | 0.19x | $32.77 Million | $175.18 Million | $32.77 Million | ▲ +164.1% |
| 2002 | 0.07x | $12.42 Million | $175.41 Million | $12.42 Million | ▼ -38.1% |
| 2001 | 0.11x | $14.88 Million | $129.99 Million | $14.88 Million | ▼ -59.3% |
| 2000 | 0.28x | $24.82 Million | $88.32 Million | $24.82 Million | ▼ -61.3% |
| 1999 | 0.73x | $32.20 Million | $44.34 Million | $32.20 Million | — |