Garmin Ltd (GRMN) — Cash Flow Reinvestment Rate
Garmin Ltd (GRMN) has a Cash Flow Reinvestment Rate of 0.42x as of June 2026, reinvesting $141.55 Million (capex $127.78 Million plus investments $-13.77 Million) from operating cash flow of $337.93 Million. See Garmin Ltd free cash flow ratio 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 (1999–2025)
Historical reinvestment intensity for Garmin Ltd across 27 annual periods. For the full cash flow conversion analysis, see GRMN cash flow conversion.
Annual Cash Flow Reinvestment Rate for Garmin Ltd (1999–2025)
Year-by-year capital reinvestment analysis for Garmin Ltd. See financial agility of Garmin Ltd to measure the company's free cash flow as a share of total liabilities.
| 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 | — |