Garmin (GRMN) Current Ratio: History & Chart

Garmin Ltd.(GRMN)

Hardware, Equipment & Parts · Schaffhausen, SH

$276.76-2.21 (-0.79%)

Delayed quote: Sep 16, 2026, 2:55 PM EDT

About Garmin Ltd.

Garmin Ltd. specializes in the design, development, manufacturing, marketing, and global distribution of diverse wireless products and solutions. Its operations span across North and South America, the Asia Pacific region, the Australian Continent, Europe, the Middle East, and Africa. The company's offerings are organized into several key segments: Fitness: This division caters to athletes and active individuals with products like specialized running and multi-sport watches, cycling computers, activity trackers, smartwatches, and various fitness-related accessories. Additionally, it supports these offerings with its Garmin Connect web and mobile platforms, alongside Connect IQ, an ecosystem for app development. Outdoor: Garmin's Outdoor category features rugged adventure watches, portable GPS devices, golf-specific instruments and accompanying mobile applications, plus specialized dog tracking and training systems. Aviation: The Aviation sector delivers comprehensive avionics solutions for aircraft, encompassing integrated cockpit systems, advanced flight displays and instrumentation, navigation and communication tools, automated flight controls, safety enhancements, audio management, engine monitoring, traffic and weather avoidance systems, ADS-B transponders, data connectivity, portable GPS navigators, wearable aviation devices, and related support services. Marine: For the Marine market, Garmin provides a suite of solutions including chartplotters, multi-function displays, marine cartography, fish finders, sonar technology, autopilots, radar systems, compliant instrumentation and sensors, VHF radios, handheld and wearable marine devices, sailing-specific products, onboard entertainment, digital switching, and electric trolling motors. Auto: The Automotive segment focuses on in-vehicle computing and infotainment systems, personal navigation units, and various camera solutions. Garmin's products are distributed through a diverse network including independent and online retailers, authorized dealers, distributors, service and installation centers, original equipment manufacturers (OEMs), and directly via its official e-commerce platform, garmin.com. Established in 1989, Garmin Ltd. maintains its corporate headquarters in Schaffhausen, Switzerland.

Schaffhausen, SH

23,000 employees

www.garmin.com

Technology / Hardware, Equipment & Parts

Sector: Technology
Industry: Hardware, Equipment & Parts
CEO: Clifton Albert Pemble

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GRMN Current Ratio Metrics

CURRENT RATIO

3.03

CURRENT RATIO AVG TTM

3.47

CURRENT RATIO AVG 3Y

3.43

CURRENT RATIO AVG 5Y

3.32

CURRENT RATIO AVG 10Y

3.17

CURRENT RATIO AVG 15Y

3.05

CURRENT RATIO AVG 20Y

3.20

CURRENT VS TTM AVG

-12.73%

CURRENT VS 3Y AVG

-11.65%

CURRENT VS 5Y AVG

-8.84%

CURRENT VS 10Y AVG

-4.58%

CURRENT VS 15Y AVG

-0.77%

CURRENT VS 20Y AVG

-5.34%

SECTOR MEDIAN · TECHNOLOGY

1.86

median of 194 covered companies

CURRENT VS SECTOR MEDIAN

+62.38%

vs the sector median at left

NAME	MARKET CAP	CURRENT RATIO	TTM	3Y	5Y
Garmin Ltd. (GRMN)	$53.37B	3.03	3.47	3.43	3.32
Teradyne, Inc. (TER)vs ›	$53.19B	2.12	2.33	2.74	2.94
Keysight Technologies, Inc. (KEYS)vs ›	$54.57B	2.02	2.67	2.67	2.79
NXP Semiconductors N.V. (NXPI)vs ›	$55.03B	2.04	2.21	2.11	2.12
Nebius Group N.V. (NBIS)vs ›	$51.25B	4.03	6.34	3.71	3.54
Coherent, Inc. (COHR)vs ›	$55.99B	2.43	2.31	2.59	2.98
Monolithic Power Systems, Inc. (MPWR)vs ›	$56.12B	4.98	5.61	6.08	5.83
United Microelectronics Corporation (UMC)vs ›	$56.15B	2.17	2.40	2.30	2.24
Atlassian Corporation (TEAM)vs ›	$49.92B	0.78	1.00	1.13	1.07
Workday, Inc. (WDAY)vs ›	$49.41B	0.91	1.58	1.70	1.48

NAME

MARKET CAP

CURRENT RATIO

TTM

Garmin Ltd. (GRMN)

$53.37B

3.03

3.47

3.43

3.32

Teradyne, Inc. (TER)vs ›

$53.19B

2.12

2.33

2.74

2.94

Keysight Technologies, Inc. (KEYS)vs ›

$54.57B

2.02

2.67

2.79

NXP Semiconductors N.V. (NXPI)vs ›

$55.03B

2.04

2.21

2.11

2.12

Nebius Group N.V. (NBIS)vs ›

$51.25B

4.03

6.34

3.71

3.54

Coherent, Inc. (COHR)vs ›

$55.99B

2.43

2.31

2.59

2.98

Monolithic Power Systems, Inc. (MPWR)vs ›

$56.12B

4.98

5.61

6.08

5.83

United Microelectronics Corporation (UMC)vs ›

$56.15B

2.17

2.40

2.30

2.24

Atlassian Corporation (TEAM)vs ›

$49.92B

0.78

1.00

1.13

1.07

Workday, Inc. (WDAY)vs ›

$49.41B

0.91

1.58

1.70

1.48

Current Ratio FAQ

What is the current ratio for Garmin Ltd. (GRMN)?

The current ratio for GRMN stock is 3.03.

Is Garmin Ltd.'s current ratio high or low?

The current ratio of 3.03 is in line with its 5-year average of 3.32, near the low end of its 5-year range (2.54–4.36).

What is the TTM average current ratio for Garmin Ltd. (GRMN)?

The TTM average current ratio for GRMN stock is 3.47.

What is the 3Y average current ratio for Garmin Ltd. (GRMN)?

The 3Y average current ratio for GRMN stock is 3.43.

What is the 5Y average current ratio for Garmin Ltd. (GRMN)?

The 5Y average current ratio for GRMN stock is 3.32.

What is the 10Y average current ratio for Garmin Ltd. (GRMN)?

The 10Y average current ratio for GRMN stock is 3.17.

What is the 15Y average current ratio for Garmin Ltd. (GRMN)?

The 15Y average current ratio for GRMN stock is 3.05.

What is the 20Y average current ratio for Garmin Ltd. (GRMN)?

The 20Y average current ratio for GRMN stock is 3.20.

DATE	CURRENT RATIO
2026-06-27	3.03
2026-03-28	4.36
2025-12-27	3.63
2025-09-27	3.32
2025-06-28	3.01
2025-03-29	4.10
2024-12-31	3.54
2024-09-28	3.30
2024-06-29	2.88
2024-03-30	4.03
2023-12-31	3.41
2023-09-30	3.13
2023-07-01	2.84
2023-04-01	3.93
2022-12-31	3.26
2022-09-24	2.74
2022-06-25	2.54
2022-03-26	3.54
2021-12-31	2.94
2021-09-25	2.92
2021-06-26	2.66
2021-03-27	3.81
2020-12-31	3.15
2020-09-26	2.98
2020-06-27	2.80
2020-03-28	3.75
2019-12-31	2.95
2019-09-28	2.64
2019-06-29	2.39
2019-03-30	4.04
2018-12-31	2.89
2018-09-29	2.81
2018-06-30	2.50
2018-03-31	3.93
2017-12-31	2.85
2017-09-30	2.76
2017-07-01	2.48
2017-04-01	3.77
2016-12-31	2.89
2016-09-24	2.44
2016-06-25	2.19
2016-03-26	3.13
2015-12-31	2.55
2015-09-26	2.49
2015-06-27	2.37
2015-03-28	3.03
2014-12-31	2.43
2014-09-27	2.16
2014-06-28	2.58
2014-03-29	3.42
2013-12-31	2.87
2013-09-28	2.51
2013-06-29	2.64
2013-03-30	3.82
2012-12-31	2.79
2012-09-29	2.80
2012-06-30	2.64
2012-03-31	3.95
2011-12-31	2.99
2011-09-24	2.79
2011-06-25	2.69
2011-03-26	4.67
2010-12-31	3.73
2010-09-25	4.16
2010-06-26	4.95
2010-03-27	3.25
2009-12-31	3.50
2009-09-26	2.92
2009-06-27	4.53
2009-03-28	6.05
2008-12-31	4.14
2008-09-27	2.92
2008-06-28	3.14
2008-03-29	4.14
2007-12-31	2.91
2007-09-29	3.27
2007-06-30	3.94
2007-03-31	5.22
2006-12-31	3.46
2006-09-30	2.54
2006-07-01	2.74
2006-04-01	4.28
2005-12-31	4.10
2005-09-24	3.41
2005-06-25	4.66
2005-03-26	4.23
2004-12-31	3.61
2004-09-25	3.17
2004-06-26	4.36
2004-03-27	5.49
2003-12-31	5.17
2003-09-27	3.79
2003-06-28	6.55
2003-03-29	6.58
2002-12-31	6.34
2002-09-28	7.88

DATE

CURRENT RATIO

2026-06-27

3.03

2026-03-28

4.36

2025-12-27

3.63

2025-09-27

3.32

2025-06-28

3.01

2025-03-29

4.10

2024-12-31

3.54

2024-09-28

3.30

2024-06-29

2.88

2024-03-30

4.03

2023-12-31

3.41

2023-09-30

3.13

2023-07-01

2.84

2023-04-01

3.93

2022-12-31

3.26

2022-09-24

2.74

2022-06-25

2.54

2022-03-26

3.54

2021-12-31

2.94

2021-09-25

2.92

2021-06-26

2.66

2021-03-27

3.81

2020-12-31

3.15

2020-09-26

2.98

2020-06-27

2.80

2020-03-28

3.75

2019-12-31

2.95

2019-09-28

2.64

2019-06-29

2.39

2019-03-30

4.04

2018-12-31

2.89

2018-09-29

2.81

2018-06-30

2.50

2018-03-31

3.93

2017-12-31

2.85

2017-09-30

2.76

2017-07-01

2.48

2017-04-01

3.77

2016-12-31

2.89

2016-09-24

2.44

2016-06-25

2.19

2016-03-26

3.13

2015-12-31

2.55

2015-09-26

2.49

2015-06-27

2.37

2015-03-28

3.03

2014-12-31

2.43

2014-09-27

2.16

2014-06-28

2.58

2014-03-29

3.42

2013-12-31

2.87

2013-09-28

2.51

2013-06-29

2.64

2013-03-30

3.82

2012-12-31

2.79

2012-09-29

2.80

2012-06-30

2.64

2012-03-31

3.95

2011-12-31

2.99

2011-09-24

2.79

2011-06-25

2.69

2011-03-26

4.67

2010-12-31

3.73

2010-09-25

4.16

2010-06-26

4.95

2010-03-27

3.25

2009-12-31

3.50

2009-09-26

2.92

2009-06-27

4.53

2009-03-28

6.05

2008-12-31

4.14

2008-09-27

2.92

2008-06-28

3.14

2008-03-29

4.14

2007-12-31

2.91

2007-09-29

3.27

2007-06-30

3.94

2007-03-31

5.22

2006-12-31

3.46

2006-09-30

2.54

2006-07-01

2.74

2006-04-01

4.28

2005-12-31

4.10

2005-09-24

3.41

2005-06-25

4.66

2005-03-26

4.23

2004-12-31

3.61

2004-09-25

3.17

2004-06-26

4.36

2004-03-27

5.49

2003-12-31

5.17

2003-09-27

3.79

2003-06-28

6.55

2003-03-29

6.58

2002-12-31

6.34

2002-09-28

7.88

Current Ratio: 3.03

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