Garmin Ltd. (GRMN) Enterprise Value (EV): $43.64B
The enterprise value (EV) for Garmin Ltd. (GRMN) is $43.64B as of Sunday, June 14, 2026.
GRMN Enterprise Value (EV) Metrics
ENTERPRISE VALUE (EV)
$43.64B
GRMN Competitors' Enterprise Value (EV)
| NAME | MARKET CAP | ENTERPRISE VALUE (EV) |
|---|---|---|
| Garmin Ltd. (GRMN) | $45.92B | $43.64B |
| ON Semiconductor Corporation (ON) | $45.77B | $23.58B |
| GLOBALFOUNDRIES Inc. (GFS) | $44.63B | $19.27B |
| Autodesk, Inc. (ADSK) | $41.90B | $54.35B |
| Block, Inc. (XYZ) | $41.38B | $37.48B |
| Microchip Technology Incorporated (MCHP) | $51.63B | $40.28B |
| Block, Inc. (SQ) | $51.73B | $50.07B |
| Ubiquiti Inc. (UI) | $35.63B | $25.04B |
| Fiserv, Inc. (FI) | $34.31B | $64.28B |
| Workday, Inc. (WDAY) | $34.26B | $48.21B |
Enterprise Value Calculation
Market Cap
$45.92B
Total Debt
$0.00
Cash
$2.28B
Enterprise Value
$43.64B
EV-Based Valuation Multiples
Why use EV instead of Market Cap?
- EV accounts for debt - an acquirer must pay or assume it
- EV deducts cash - the acquirer effectively receives it
- EV enables fair comparison of companies with different capital structures
- EV-based ratios (EV/EBITDA, EV/Sales) are capital structure neutral
Garmin Ltd. Enterprise Value (EV) Formula & Definition
Enterprise Value represents the total value of a company as if you were to acquire it completely - paying for equity while assuming debt and receiving cash.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
Garmin Ltd. Enterprise Value (EV) FAQ
- What is the enterprise value (EV) for Garmin Ltd. (GRMN)?
- The enterprise value (EV) for GRMN stock is $43.64B.
Related Metrics
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.
- Sector
- Technology
- Industry
- Hardware, Equipment & Parts
- CEO
- Clifton Albert Pemble