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Garmin Ltd. (GRMN) Return on Assets (ROA): 15.85%

Is Garmin Ltd.’s return on assets (ROA) high or low?

Garmin Ltd.'s return on assets (ROA) of 15.85% is 12% above its 5-year average of 14.21%, near the high end of its 5-year range (12.59%–15.85%).

As of Sunday, June 14, 2026. 6.41% above its 12-month average of 14.89%.

GRMN Return on Assets (ROA) Chart

GRMN Return on Assets (ROA)
15.13%+3.21% 1Y
Zoom

GRMN Average Return on Assets (ROA) Chart

GRMN Current vs Average Return on Assets (ROA) Chart

GRMN Return on Assets (ROA) Metrics

RETURN ON ASSETS (ROA)

15.85%

RETURN ON ASSETS (ROA) AVG TTM

14.89%

RETURN ON ASSETS (ROA) AVG 3Y

14.34%

RETURN ON ASSETS (ROA) AVG 5Y

14.21%

RETURN ON ASSETS (ROA) AVG 10Y

13.54%

RETURN ON ASSETS (ROA) AVG 15Y

12.92%

RETURN ON ASSETS (ROA) AVG 20Y

15.53%

CURRENT VS TTM AVG

+6.41%

CURRENT VS 3Y AVG

+10.51%

CURRENT VS 5Y AVG

+11.54%

CURRENT VS 10Y AVG

+17.09%

CURRENT VS 15Y AVG

+22.64%

CURRENT VS 20Y AVG

+2.05%

GRMN Competitors' Return on Assets (ROA)

NAMEMARKET CAPRETURN ON ASSETS (ROA)TTM3Y5Y
Garmin Ltd. (GRMN)$45.92B15.85%14.89%14.34%14.21%
ON Semiconductor Corporation (ON)$45.77B4.78%6.07%11.13%9.62%
GLOBALFOUNDRIES Inc. (GFS)$44.63B4.60%1.79%4.34%0.79%
Autodesk, Inc. (ADSK)$41.90B12.26%9.64%9.29%9.92%
Block, Inc. (XYZ)$41.38B2.02%5.59%2.37%2.14%
Microchip Technology Incorporated (MCHP)$51.63B1.41%0.70%6.77%6.19%
Block, Inc. (SQ)$51.73B-1.25%3.98%1.56%1.60%
Ubiquiti Inc. (UI)$35.63B54.92%39.44%38.17%45.57%
Fiserv, Inc. (FI)$34.31B3.97%4.20%3.70%2.97%
Workday, Inc. (WDAY)$34.26B5.26%3.38%3.11%1.58%

Asset Efficiency

ROA

15.8%

ROE

18.7%

Garmin Ltd. Return on Assets (ROA) Formula & Definition

ROA = Net Income / Total Assets

Return on assets measures how efficiently a company generates profit from its total assets.

Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute

Garmin Ltd. Return on Assets (ROA) FAQ

What is the return on assets (ROA) for Garmin Ltd. (GRMN)?
The return on assets (ROA) for GRMN stock is 15.85%.
Is Garmin Ltd.'s return on assets (ROA) high or low?
Garmin Ltd.'s return on assets (ROA) of 15.85% is 12% above its 5-year average of 14.21%, near the high end of its 5-year range (12.59%–15.85%).
What is the TTM average return on assets (ROA) for Garmin Ltd. (GRMN)?
The TTM average return on assets (ROA) for GRMN stock is 14.89%.
What is the 3Y average return on assets (ROA) for Garmin Ltd. (GRMN)?
The 3Y average return on assets (ROA) for GRMN stock is 14.34%.
What is the 5Y average return on assets (ROA) for Garmin Ltd. (GRMN)?
The 5Y average return on assets (ROA) for GRMN stock is 14.21%.
What is the 10Y average return on assets (ROA) for Garmin Ltd. (GRMN)?
The 10Y average return on assets (ROA) for GRMN stock is 13.54%.
What is the 15Y average return on assets (ROA) for Garmin Ltd. (GRMN)?
The 15Y average return on assets (ROA) for GRMN stock is 12.92%.
What is the 20Y average return on assets (ROA) for Garmin Ltd. (GRMN)?
The 20Y average return on assets (ROA) for GRMN stock is 15.53%.

Garmin Ltd. Return on Assets (ROA) History

DATERETURN ON ASSETS (ROA)
2025-12-2715.13%
2024-12-2814.66%
2023-12-3114.99%
2022-12-3112.59%
2021-12-3113.78%
2020-12-3114.11%
2019-12-3115.45%
2018-12-3112.89%
2017-12-3113.87%
2016-12-3111.29%
2015-12-3110.14%
2014-12-317.76%
2013-12-3112.55%
2012-12-3111.26%
2011-12-3111.65%
2010-12-3114.66%
2009-12-3118.40%
2008-12-3125.06%
2007-12-3125.98%
2006-12-3127.10%
2005-12-3122.85%
2004-12-3118.41%
2003-12-3120.85%
2002-12-3120.45%
2001-12-3121.32%
2000-12-3122.80%
1999-12-3125.20%

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
21,800 employees
Technology / Hardware, Equipment & Parts
Sector
Technology
Industry
Hardware, Equipment & Parts
CEO
Clifton Albert Pemble