Garmin
Garmin debt and dilution—
Borrowings, liquidity, share count and stock-based dilution.
Total debt
USD millions
Reported borrowing balances are unavailable in the extracted statements for this period.
Cash & equivalents
USD millions
Net debt
USD millions
Reported borrowing balances are unavailable in the extracted statements for this period.
Debt / equity
×
Reported borrowing balances are unavailable in the extracted statements for this period.
Debt / assets
%
Reported borrowing balances are unavailable in the extracted statements for this period.
Net debt / EBITDA
× · TTM
Reported borrowing balances are unavailable in the extracted statements for this period.
Debt / FCF
× · TTM
Reported borrowing balances are unavailable in the extracted statements for this period.
Interest coverage
× · TTM
Current ratio
×
Diluted shares
Million shares
Basic shares
Million shares
Share count growth
%
Share repurchases
USD millions
Quarterly data
| Fiscal period | Ended | Total debtUSD millions | Cash & equivalentsUSD millions | Net debtUSD millions | Debt / equity× | Debt / assets% | Net debt / EBITDA× | Debt / FCF× | Interest coverage× | Current ratio× | Diluted sharesMillion shares | Basic sharesMillion shares | Share count growth% | Share repurchasesUSD millions |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| FY 2026 Q2 | Jun 27, 2026 | — | 2,334.24 | — | — | — | — | — | — | 3.03× | 193.47 | 192.84 | 0.16% | — |
| FY 2026 Q1 | Mar 28, 2026 | — | 2,289.92 | — | — | — | — | — | — | 4.36× | 193.57 | 192.67 | 0.07% | — |
| FY 2025 Q4 | Dec 27, 2025 | — | 2,278.65 | — | — | — | — | — | — | 3.63× | 193.81 | 192.34 | 0.14% | — |
| FY 2025 Q3 | Sep 27, 2025 | — | 2,072.85 | — | — | — | — | — | — | 3.32× | 193.53 | 192.46 | 0.14% | — |
| FY 2025 Q2 | Jun 28, 2025 | — | 2,072.21 | — | — | — | — | — | — | 3.01× | 193.42 | 192.52 | 0.23% | — |
| FY 2025 Q1 | Mar 29, 2025 | — | 2,175.52 | — | — | — | — | — | — | 4.1× | 193.72 | 192.54 | 0.34% | — |
| FY 2024 Q4 | Dec 28, 2024 | — | 2,079.47 | — | — | — | — | — | — | 3.54× | 194.3 | 192.08 | — | — |
| FY 2024 Q3 | Sep 28, 2024 | — | 2,009.36 | — | — | — | — | — | — | 3.3× | 193.17 | 192.2 | 0.4% | — |
| FY 2024 Q2 | Jun 29, 2024 | — | 1,937.48 | — | — | — | — | — | — | 2.89× | 192.9 | 192.07 | 0.41% | — |
| FY 2024 Q1 | Mar 30, 2024 | — | 1,921.78 | — | — | — | — | — | — | 4.04× | 192.7 | 191.89 | 0.2% | — |
| FY 2023 Q4 | Dec 30, 2023 | — | 1,693.45 | — | — | — | — | — | — | 3.41× | — | — | — | — |
| FY 2023 Q3 | Sep 30, 2023 | — | 1,422.86 | — | — | — | — | — | — | 3.13× | 191.87 | 191.44 | -0.64% | — |
| FY 2023 Q2 | Jul 1, 2023 | — | 1,425.53 | — | — | — | — | — | — | 2.84× | 191.6 | 191.29 | -0.92% | — |
| FY 2023 Q1 | Apr 1, 2023 | — | 1,361.59 | — | — | — | — | — | — | 3.93× | 191.89 | 191.5 | -0.72% | — |
| FY 2022 Q4 | Dec 31, 2022 | — | 1,279.19 | — | — | — | — | — | — | 3.26× | — | — | — | — |
| FY 2022 Q3 | Sep 24, 2022 | — | 1,082.34 | — | — | — | — | — | — | 2.75× | 193.11 | 192.67 | 0.18% | — |
| FY 2022 Q2 | Jun 25, 2022 | — | 1,087.38 | — | — | — | — | — | — | 2.54× | 193.45 | 193.07 | 0.48% | — |
| FY 2022 Q1 | Mar 26, 2022 | — | 1,417.53 | — | — | — | — | — | — | 3.54× | 193.58 | 192.89 | 0.52% | — |
| FY 2021 Q4 | Dec 25, 2021 | — | 1,498.06 | — | — | — | — | — | — | 2.94× | 193.31 | 192.35 | 0.56% | — |
| FY 2021 Q3 | Sep 25, 2021 | — | 1,639.06 | — | — | — | — | — | — | 2.92× | 193.19 | 192.32 | 0.57% | — |
| FY 2021 Q2 | Jun 26, 2021 | — | 1,639.45 | — | — | — | — | — | — | 2.66× | 192.87 | 192.15 | 0.59% | — |
| FY 2021 Q1 | Mar 27, 2021 | — | 1,599.48 | — | — | — | — | — | — | 3.81× | 192.81 | 191.9 | 0.57% | — |
| FY 2020 Q4 | Dec 26, 2020 | — | 1,458.44 | — | — | — | — | — | — | 3.15× | 192.3 | 191.28 | 0.58% | — |
| FY 2020 Q3 | Sep 26, 2020 | — | 1,223.52 | — | — | — | — | — | — | 2.98× | 192 | 191.23 | 0.6% | — |
| FY 2020 Q2 | Jun 27, 2020 | — | 1,354.92 | — | — | — | — | — | — | 2.8× | 191.6 | 191.02 | 0.62% | — |
| FY 2020 Q1 | Mar 28, 2020 | — | 1,048.6 | — | — | — | — | — | — | 3.75× | 191.68 | 190.8 | 100,533.96% | — |
| FY 2019 Q4 | Dec 28, 2019 | — | 1,027.57 | — | — | — | — | — | — | 2.95× | 191.23 | 190.17 | — | — |
| FY 2019 Q3 | Sep 28, 2019 | — | 976.4 | — | — | — | — | — | — | 2.64× | 190.96 | 190.1 | 0.69% | — |
| FY 2019 Q2 | Jun 29, 2019 | — | 820.18 | — | — | — | — | — | — | 2.39× | 190.71 | 189.86 | 0.7% | — |
| FY 2019 Q1 | Mar 30, 2019 | — | 1,115.95 | — | — | — | — | — | — | 4.04× | 0.19 | 0.19 | -99.9% | — |
| FY 2018 Q4 | Dec 29, 2018 | — | 1,201.73 | — | — | — | — | — | — | 2.89× | — | — | — | — |
| FY 2018 Q3 | Sep 29, 2018 | — | 1,056.4 | — | — | — | — | — | — | 2.81× | 190.01 | 188.8 | 100,530.54% | — |
| FY 2018 Q2 | Jun 30, 2018 | — | 946.66 | — | — | — | — | — | — | 2.5× | 189.46 | 188.54 | 100,318.09% | — |
| FY 2018 Q1 | Mar 31, 2018 | — | 898.98 | — | — | — | — | — | — | 3.93× | 189.29 | 188.32 | 99,894.16% | — |
| FY 2017 Q4 | Dec 30, 2017 | — | 891.49 | — | — | — | — | — | — | 2.85× | 0.19 | 0.19 | — | 0 |
| FY 2017 Q3 | Sep 30, 2017 | — | 891.28 | — | — | — | — | — | — | 2.76× | 0.19 | 0.19 | -99.9% | 10.57 |
| FY 2017 Q2 | Jul 1, 2017 | — | 859.56 | — | — | — | — | — | — | 2.48× | 0.19 | 0.19 | -99.9% | 36.08 |
| FY 2017 Q1 | Apr 1, 2017 | — | 833.58 | — | — | — | — | — | — | 3.77× | 0.19 | 0.19 | -99.9% | 27.87 |
| FY 2016 Q4 | Dec 31, 2016 | — | 846.88 | — | — | — | — | — | — | 2.89× | — | — | — | 28.01 |
| FY 2016 Q3 | Sep 24, 2016 | — | 912.56 | — | — | — | — | — | — | 2.44× | 189.24 | 188.69 | 99,033.14% | 20.12 |
| FY 2016 Q2 | Jun 25, 2016 | — | 801.46 | — | — | — | — | — | — | 2.19× | 189.36 | 188.89 | 98,744.07% | 25.3 |
| FY 2016 Q1 | Mar 26, 2016 | — | 857.68 | — | — | — | — | — | — | 3.13× | 189.65 | 189.5 | -1.18% | 19.8 |
| FY 2015 Q4 | Dec 26, 2015 | — | 833.07 | — | — | — | — | — | — | 2.55× | 0.19 | 0.19 | — | 23.36 |
| FY 2015 Q3 | Sep 26, 2015 | — | 914.91 | — | — | — | — | — | — | 2.49× | 0.19 | 0.19 | -99.9% | 50.76 |
| FY 2015 Q2 | Jun 27, 2015 | — | 938.18 | — | — | — | — | — | — | 2.37× | 0.19 | 0.19 | -1.38% | 41.04 |
| FY 2015 Q1 | Mar 28, 2015 | — | 1,171.39 | — | — | — | — | — | — | 3.03× | 192.34 | 191.76 | 98,194.12% | 16.26 |
| FY 2014 Q4 | Dec 27, 2014 | — | 1,196.27 | — | — | — | — | — | — | 2.43× | — | — | — | 0.12 |
| FY 2014 Q3 | Sep 27, 2014 | — | 1,154.56 | — | — | — | — | — | — | 2.16× | 192.24 | 192.24 | 98,320.07% | — |
| FY 2014 Q2 | Jun 28, 2014 | — | 1,234.89 | — | — | — | — | — | — | 2.58× | 0.19 | 0.19 | -0.92% | — |
| FY 2014 Q1 | Mar 29, 2014 | — | 1,136.69 | — | — | — | — | — | — | 3.42× | 0.2 | 0.2 | -0.28% | — |
| FY 2013 Q4 | Dec 28, 2013 | — | 1,179.15 | — | — | — | — | — | — | 2.87× | 0.2 | 0.2 | -99.9% | — |
| FY 2013 Q3 | Sep 28, 2013 | — | 1,068.7 | — | — | — | — | — | — | 2.51× | 0.2 | 0.2 | -99.9% | — |
| FY 2013 Q2 | Jun 29, 2013 | — | 1,083.49 | — | — | — | — | — | — | 2.64× | 0.2 | 0.2 | -99.9% | — |
| FY 2013 Q1 | Mar 30, 2013 | — | 1,093.44 | — | — | — | — | — | — | 3.82× | 0.2 | 0.2 | -99.9% | 0.06 |
| FY 2012 Q4 | Dec 29, 2012 | — | 1,231.18 | — | — | — | — | — | — | 2.79× | 196.34 | 195.13 | 0.42% | 12.2 |
| FY 2012 Q3 | Sep 29, 2012 | — | 1,247.07 | — | — | — | — | — | — | 2.8× | 196.16 | 194.91 | 0.41% | 0.08 |
| FY 2012 Q2 | Jun 30, 2012 | — | 1,267.72 | — | — | — | — | — | — | 2.64× | 196.26 | 194.85 | 0.41% | 6.15 |
| FY 2012 Q1 | Mar 31, 2012 | — | 1,285.79 | — | — | — | — | — | — | 3.95× | 195.67 | 194.74 | 0.42% | 0.31 |
| FY 2011 Q4 | Dec 31, 2011 | — | 1,287.16 | — | — | — | — | — | — | 2.98× | 195.13 | 194.32 | -0.12% | 10.63 |
| FY 2011 Q3 | Sep 24, 2011 | — | 1,389.41 | — | — | — | — | — | — | 2.79× | 194.83 | 194.11 | -0.19% | 0.04 |
| FY 2011 Q2 | Jun 25, 2011 | — | 1,418.87 | — | — | — | — | — | — | 2.69× | 194.88 | 194.05 | -2.46% | 5.74 |
| FY 2011 Q1 | Mar 26, 2011 | — | 1,210.62 | — | — | — | — | — | — | 4.67× | 194.72 | 193.92 | -3% | 5.9 |
| FY 2010 Q4 | Dec 25, 2010 | — | 1,260.94 | — | — | — | — | — | 510.98× | 3.73× | 195.36 | 194.56 | -2.91% | 2.55 |
| FY 2010 Q3 | Sep 25, 2010 | — | 1,235.97 | — | — | — | — | — | — | 4.16× | 195.31 | 194.48 | -3.02% | 139.05 |
| FY 2010 Q2 | Jun 26, 2010 | — | 1,173.17 | — | — | — | — | — | — | 4.95× | 200.1 | 198.95 | -0.67% | 37.12 |
| FY 2010 Q1 | Mar 27, 2010 | — | 1,291.34 | — | — | — | — | — | — | 3.25× | 201.09 | 199.93 | — | 47.21 |
| FY 2009 Q4 | Dec 26, 2009 | — | 1,091.58 | — | — | — | — | — | — | 3.5× | 201.53 | 200.39 | — | 18.35 |
| FY 2009 Q3 | Sep 26, 2009 | — | 1,011.76 | — | — | — | — | — | — | 2.92× | 201.6 | 200.55 | — | 0.06 |
| FY 2009 Q2 | Jun 27, 2009 | — | 958.91 | — | — | — | — | — | — | 4.53× | 200.85 | 200.3 | — | 0 |
Sources and calculations
Financial inputs from company filings. Last checked Oct 18, 2026. A dash means missing inputs or an undefined calculation.
Period changes use the preceding fiscal quarter or year. Percentage changes divide by the absolute prior value; a zero or missing baseline has no percentage change. Percentage metrics show changes in percentage points.
The SBC option subtracts reported share-based compensation from FCF as an economic-cost scenario. Missing SBC never becomes zero.
Debt uses reported borrowings, with overlapping concepts treated as alternatives. Cash excludes restricted cash and short-term investments. Dilution compares split-normalized weighted average basic shares year over year. Share buyback spending does not by itself measure shares retired.
Market prices: Yahoo Finance · GRMN, USD. Latest completed close Sep 25, 2026. Price data retrieved Sep 28, 2026.
- Total debt
- Reported borrowing balances. Uses an aggregate including current maturities, or current plus noncurrent debt. Adds separately disclosed short-term borrowings, with commercial paper as a fallback, unless the selected current/aggregate concept already includes them. Finance leases are included when part of the reported debt concept; undisclosed components are not estimated.
- Cash & equivalents
- Unrestricted reported cash and cash equivalents. Excludes short-term investments and restricted cash.
- Net debt
- Total debt − cash and equivalents. Negative means net cash.
- Debt / equity
- Total debt / equity including noncontrolling interests. Nonpositive equity yields unavailable.
- Debt / assets
- Total debt / total assets × 100.
- Net debt / EBITDA
- Period-end net debt / (TTM operating income + TTM depreciation and amortization). Negative net debt is retained.
- Debt / FCF
- Period-end reported debt / positive TTM free cash flow. Reflects the selected reported capex scope and SBC option.
- Interest coverage
- TTM operating income / positive TTM interest expense. IFRS finance costs can include more than interest.
- Current ratio
- Current assets / positive current liabilities.
- Diluted shares
- Reported weighted average diluted shares, normalized for subsequent recorded stock splits. Fourth-quarter counts use a day-weighted annual/nine-month reconstruction where possible.
- Basic shares
- Reported weighted average basic shares, normalized for subsequent recorded stock splits.
- Share count growth
- Year-over-year change in split-normalized weighted average basic shares × 100. A dilution proxy; negative means a lower share count.
- Share repurchases
- Reported cash payments for repurchase of common shares. This is spending, not a buyback yield.