Garmin Ltd Market Cap ($52.90 Billion)
Market Cap & Net Worth: Garmin Ltd (GRMN)
Garmin Ltd market cap. Garmin Ltd (NYSE:GRMN) has a market capitalization of $52.90 Billion ($52.90 Billion) as of November 3, 2026. Listed on the NYSE stock exchange, this USA-based company holds position #511 globally and #256 in its home market, demonstrating a -6.62% decrease in market value over the past year.
Market capitalization, also known as net worth in stock markets, is calculated by multiplying Garmin Ltd's stock price $274.29 by its total outstanding shares 192852536 (192.85 Million). Also see cash efficiency ratio of Garmin Ltd for how efficiently the company converts equity into cash flow.
Garmin Ltd Market Cap History (2015–2026)
Garmin Ltd market cap history from 2015 to 2026. Data shows growth from $5.54 Billion to $52.90 Billion (23.80% CAGR). Check today's stock price for Garmin Ltd for real-time trading data and today's change.
Index Memberships
Garmin Ltd is a constituent of 1 market index:
| Index | Total Market Cap | Weight (%) | Rank by Market Cap |
|---|---|---|---|
|
S&P 500 Index
GSPC
|
$61.43 Trillion | 0.06% | #203 of 503 |
Weight: Garmin Ltd's market cap as a percentage of total index value. Rank: Position among all constituents by market cap.
Garmin Ltd Market Cap to Earnings & Revenue Ratios Timeline
This chart shows how Garmin Ltd's valuation ratios have evolved. The Price to Sales (P/S) ratio compares market cap to revenue, while the Price to Earnings (P/E) ratio compares market cap to net income. Lower values may indicate a more undervalued company relative to its financial performance. Explore Garmin Ltd (GRMN) equity growth momentum to track how rapidly the company is growing its equity base year over year.
Latest Price to Sales (P/S) Ratio
5.40x
Garmin Ltd's market cap is 5.40 times its annual revenue
Latest Price to Earnings (P/E) Ratio
23.51x
Garmin Ltd's market cap is 23.51 times its annual earnings
What These Ratios Tell Investors:
- Price to Sales (P/S) Ratio: Shows how much investors are paying for each dollar of the company's sales. Lower P/S ratios may indicate undervaluation.
- Price to Earnings (P/E) Ratio: Shows how much investors are paying for each dollar of the company's earnings. This is one of the most common valuation metrics.
- Trends in these ratios over time can indicate changing investor sentiment about the company's future growth prospects.
- Industry comparison provides context for whether the company is valued higher or lower than peers.
| Year | Market Cap (USD) | Revenue (USD) | Net Income (USD) | P/S Ratio | P/E Ratio |
|---|---|---|---|---|---|
| 2016 | $7.57 Billion | $3.02 Billion | $510.81 Million | 2.51x | 14.82x |
| 2017 | $9.66 Billion | $3.09 Billion | $694.96 Million | 3.13x | 13.90x |
| 2018 | $10.61 Billion | $3.35 Billion | $694.08 Million | 3.17x | 15.28x |
| 2019 | $16.77 Billion | $3.76 Billion | $952.49 Million | 4.46x | 17.61x |
| 2020 | $21.11 Billion | $4.19 Billion | $992.32 Million | 5.04x | 21.27x |
| 2021 | $24.47 Billion | $4.98 Billion | $1.08 Billion | 4.91x | 22.61x |
| 2022 | $17.08 Billion | $4.86 Billion | $973.59 Million | 3.52x | 17.55x |
| 2023 | $24.45 Billion | $5.23 Billion | $1.29 Billion | 4.68x | 18.96x |
| 2024 | $39.78 Billion | $6.30 Billion | $1.41 Billion | 6.32x | 28.18x |
| 2025 | $39.12 Billion | $7.25 Billion | $1.66 Billion | 5.40x | 23.51x |
Competitor Companies of GRMN by Market Capitalization
Companies near Garmin Ltd in the global market cap rankings as of November 3, 2026. Also see Garmin Ltd asset portfolio for a full breakdown of the balance sheet.
Key companies related to Garmin Ltd by market ranking:
- Garmin Ltd (F:GEY): Ranked #679 globally with a market cap of $39.27 Billion USD ( €33.59 Billion EUR).
- Coherent Inc (NYSE:COHR): Ranked #685 globally with a market cap of $39.12 Billion USD.
- Keysight Technologies Inc (NYSE:KEYS): Ranked #748 globally with a market cap of $35.96 Billion USD.
- Hexagon AB (publ) (ST:HEXA-B): Ranked #875 globally with a market cap of $30.40 Billion USD ( Skr282.51 Billion SEK).
| Rank | Company | Symbol | Market Cap | Price |
|---|---|---|---|---|
| #679 | Garmin Ltd | F:GEY | $39.27 Billion | €242.80 |
| #685 | Coherent Inc | NYSE:COHR | $39.12 Billion | $199.95 |
| #748 | Keysight Technologies Inc | NYSE:KEYS | $35.96 Billion | $298.94 |
| #875 | Hexagon AB (publ) | ST:HEXA-B | $30.40 Billion | Skr109.75 |
Market Capitalization of Garmin Ltd (2015–2026)
Market capitalization of Garmin Ltd from 2015 to today. Between 2015 and today, Garmin Ltd's market cap moved from $5.54 Billion to $ 52.90 Billion, with a yearly change of 23.80%.
| Year | Market Cap | Change (%) |
|---|---|---|
| 2026 | $52.90 Billion | +35.22% |
| 2025 | $39.12 Billion | -1.65% |
| 2024 | $39.78 Billion | +62.69% |
| 2023 | $24.45 Billion | +43.12% |
| 2022 | $17.08 Billion | -30.17% |
| 2021 | $24.47 Billion | +15.90% |
| 2020 | $21.11 Billion | +25.86% |
| 2019 | $16.77 Billion | +58.13% |
| 2018 | $10.61 Billion | +9.84% |
| 2017 | $9.66 Billion | +27.60% |
| 2016 | $7.57 Billion | +36.60% |
| 2015 | $5.54 Billion | -- |
End of Day Market Cap According to Different Sources
On Nov 3rd, 2026 the market cap of Garmin Ltd was reported to be:
| Source | Market Cap |
|---|---|
| Yahoo Finance | $52.90 Billion USD |
| MoneyControl | $52.90 Billion USD |
| MarketWatch | $52.90 Billion USD |
| marketcap.company | $52.90 Billion USD |
| Reuters | $52.90 Billion USD |
Market cap values may vary slightly between sources due to differences in calculation methods, timing, and data refresh rates.
About Garmin Ltd
Garmin Ltd. designs, develops, manufactures, markets, and distributes a diverse range of GPS-enabled products and navigation, communications, sensor-based, and information products and services worldwide. It offers running; cycling products; smartwatch devices; scales and monitors; and sports timing and performance analysis; Garmin Connect and Garmin Connect Mobile, which are web and mobile platf… Read more