Garmin Ltd (GRMN) — Financial Flexibility Index
Garmin Ltd (GRMN) has a Financial Flexibility Index of 0.34x as of December 2025. Free cash flow of $677.96 Million (operating CF $553.78 Million minus capex $124.17 Million) represents 0% of total liabilities ($2.02 Billion). Also explore GRMN shareholders equity momentum to track the company's year-over-year net asset growth rate.
Financial Flexibility Index
Free Cash Flow
Total Liabilities
Capital Expenditures
Garmin Ltd Financial Flexibility Index (1999–2025)
Historical Financial Flexibility Index trend for Garmin Ltd across 27 annual periods. Check GRMN capital-intensive asset ratio to assess the company's strategic physical and investment asset allocation.
Annual Financial Flexibility Index for Garmin Ltd (1999–2025)
Year-by-year free cash flow to debt coverage for Garmin Ltd. For the full company profile including market capitalisation, see GRMN market cap overview.
| Year | Flexibility Index | Free Cash Flow (USD) | Operating CF | Total Liabilities | YoY Change |
|---|---|---|---|---|---|
| 2025 | 0.94x | $1.90 Billion | $1.63 Billion | $2.02 Billion | ▲ +3.2% |
| 2024 | 0.91x | $1.63 Billion | $1.43 Billion | $1.78 Billion | ▼ -7.6% |
| 2023 | 0.99x | $1.57 Billion | $1.38 Billion | $1.59 Billion | ▲ +45.7% |
| 2022 | 0.68x | $1.03 Billion | $788.26 Million | $1.53 Billion | ▼ -10.8% |
| 2021 | 0.76x | $1.32 Billion | $1.01 Billion | $1.74 Billion | ▼ -13.0% |
| 2020 | 0.87x | $1.32 Billion | $1.14 Billion | $1.52 Billion | ▲ +46.4% |
| 2019 | 0.60x | $818.96 Million | $698.55 Million | $1.37 Billion | ▼ -32.6% |
| 2018 | 0.89x | $1.08 Billion | $919.52 Million | $1.22 Billion | ▲ +31.5% |
| 2017 | 0.67x | $812.77 Million | $660.84 Million | $1.21 Billion | ▼ -7.1% |
| 2016 | 0.72x | $802.36 Million | $705.68 Million | $1.11 Billion | ▲ +129.2% |
| 2015 | 0.32x | $364.95 Million | $280.47 Million | $1.15 Billion | ▼ -32.1% |
| 2014 | 0.47x | $600.77 Million | $522.71 Million | $1.29 Billion | ▼ -17.3% |
| 2013 | 0.56x | $687.29 Million | $630.08 Million | $1.22 Billion | ▼ -0.6% |
| 2012 | 0.57x | $729.97 Million | $684.75 Million | $1.29 Billion | ▼ -20.2% |
| 2011 | 0.71x | $863.51 Million | $822.33 Million | $1.21 Billion | ▼ -17.2% |
| 2010 | 0.86x | $806.61 Million | $770.64 Million | $939.13 Million | ▼ -26.2% |
| 2009 | 1.16x | $1.15 Billion | $1.09 Billion | $989.43 Million | ▼ -17.8% |
| 2008 | 1.42x | $988.76 Million | $862.16 Million | $698.73 Million | ▲ +58.2% |
| 2007 | 0.89x | $841.78 Million | $682.09 Million | $940.85 Million | ▼ -33.7% |
| 2006 | 1.35x | $457.88 Million | $361.86 Million | $339.12 Million | ▲ +1.0% |
| 2005 | 1.34x | $274.13 Million | $247.00 Million | $204.97 Million | ▼ -15.4% |
| 2004 | 1.58x | $287.08 Million | $208.94 Million | $181.53 Million | ▼ -18.4% |
| 2003 | 1.94x | $207.95 Million | $175.18 Million | $107.25 Million | ▼ -1.3% |
| 2002 | 1.96x | $187.83 Million | $175.41 Million | $95.62 Million | ▲ +6.0% |
| 2001 | 1.85x | $144.87 Million | $129.99 Million | $78.19 Million | ▲ +60.7% |
| 2000 | 1.15x | $113.14 Million | $88.32 Million | $98.11 Million | ▼ -9.5% |
| 1999 | 1.27x | $76.54 Million | $44.34 Million | $60.05 Million | — |