Garmin Ltd (GRMN) — Cash Flow Reinvestment Rate
Garmin Ltd (GRMN) 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 (GRMN) cash flow quality to evaluate the quality of earnings relative to operating cash generation.
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. Explore GRMN long-term investments to assets to see how much of total assets are deployed in long-term investments.
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 Garmin Ltd market cap and 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 | — |