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Market cap is the total market value to buy the whole company. It is equal to the share price times the number of Shares Outstanding (EOP). Garmin's share price for the quarter that ended in Jun. 2026 was CHF202.09. Garmin's Shares Outstanding (EOP) for the quarter that ended in Jun. 2026 was 193 Mil. Therefore, Garmin's market cap for the quarter that ended in Jun. 2026 was CHF38,985 Mil.
Garmin's quarterly market cap
increased
from Dec. 2025 (CHF38,927 Mil) to Mar. 2026 (CHF38,983 Mil) and
increased
from Mar. 2026 (CHF38,983 Mil) to Jun. 2026 (CHF38,985 Mil).
Garmin's annual market cap
increased
from Dec. 2023 (CHF22,361 Mil) to Dec. 2024 (CHF22,442 Mil) and
increased
from Dec. 2024 (CHF22,442 Mil) to Dec. 2025 (CHF38,927 Mil).
Enterprise Value is the theoretical takeover price. It is more comprehensive than market capitalization (market cap), which only includes common equity. Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash and cash equivalents. Garmin's Enterprise Value for Today is CHF44,960 Mil.
Market cap is not the real price you pay for a company. If you buy the company and become its owner, you become the owner of the cash the company has, and you also assume the companys debt. The real price you pay is the Enterprise Value.
Warren Buffett uses the ratio of total market cap of all public traded companies over GDP to measure if the market is expensive. As of April 2012, the US total market cap is about $14.7 trillion, while the US GDP is about $15 trillion. The market was modestly overvalued.
Garmin Market Cap Related Terms
Garmin Market Cap Historical Data
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The historical data trend for Garmin's Market Cap can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
LTS:0VQS vs KEYS, COHR, TDY: Market Cap Comparison
For the Scientific & Technical Instruments subindustry, Garmin's Market Cap, along with its competitors' market caps and Market Cap data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Garmin Market Cap vs Hardware Industry
For the Hardware industry and Technology sector, Garmin's Market Cap distribution charts can be found below:
* The bar in red indicates where Garmin's Market Cap falls into.
Market cap is the short version of market capitalization. It is the total market value to buy the whole company. It is equal to the share price times the number of shares outstanding.
Garmin's Market Cap for the fiscal year that ended in Dec. 2025 is calculated as
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Garmin (LTS:0VQS) has a Market Cap of CHF46,968 Mil as of Aug. 07, 2026. Market cap equals the total value of a company's shares: price times shares outstanding. View historical data on Garmin and its competitors. According to the industry distribution chart, Garmin ranks #29 out of 2519 companies in the Hardware industry, placing it in the top 1.2%.
Is Garmin's Market Cap too high?
Garmin's current Market Cap is CHF46,968 Mil. Based on the distribution chart, Garmin ranks #29 out of 2519 companies in the Hardware industry, which is in the top quartile — a strong position relative to peers. Overall, Garmin has a GF Score™ of 97/100, reflecting its overall financial health beyond just this single metric.
How does Garmin's Market Cap compare to KEYS and COHR?
According to the Hardware industry distribution chart, Garmin ranks #29 out of 2519 companies for Market Cap. This places Garmin in the top 1% of its industry — outperforming the majority of peers. The industry median Market Cap is 203.33. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Market Cap for a Hardware company?
The median Market Cap among Hardware companies is 203.33, based on 2,519 companies in the industry. Companies in the top quartile (top 25%) have a Market Cap significantly above this median, while those in the bottom quartile fall well below. However, Market Cap should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Market Cap mean?
A high Market Cap can signal that a stock is expensive relative to its fundamentals. Market cap equals the total value of a company's shares: price times shares outstanding. View historical data on Garmin and its competitors. For the Hardware industry, the median Market Cap is 203.33 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Garmin's current Market Cap is CHF46,968 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Garmin stock overvalued right now?
Garmin (LTS:0VQS) has a current Market Cap of CHF46,968 Mil. The stock's GF Value™ is CHF160.24, compared to a current price of CHF202.09 — trading 26.1% above its estimated fair value. The current Market Cap is CHF46,968 Mil. Garmin's overall GF Score™ is 97/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Market Cap calculated?
Market Cap is calculated from a company's financial statements. For Garmin (LTS:0VQS), the current Market Cap is CHF46,968 Mil as of Aug. 07, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Garmin (LTS:0VQS) Overvalued in 2026?
Based on GuruFocus' analysis, Garmin stock appears to be overvalued.
The current stock price of CHF202.09 is trading 26.1% above its estimated GF Value™ of CHF160.24.
Key valuation signals for LTS:0VQS:
Market Cap: CHF46,968 Mil
GF Value™: CHF160.24 vs. price of CHF202.09 (26.1% above fair value)
No single metric tells the full story. See the LTS:0VQS stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Garmin produces GPS-enabled hardware and software for five sectors: fitness, outdoors, automotive, aviation, and marine. Garmin has built a strong reputation for durable, high-precision devices through a vertically integrated design and manufacturing approach. The company's product lines include smartwatches, fitness trackers, communication equipment, and a comprehensive suite of systems for marine and aviation navigation. Garmin operates globally, with its business focused primarily on North America and Europe.
97GF Score
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