Garmin (FRA:GEY) Total Assets: €9,474 Mil (As of Mar. 2026)


FRA:GEY Garmin Ltd FRA:GEY
98 GF Score
Price €212.40
GF Value €202.51
Valuation Fairly Valued
! 2 Warning Signs
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What is Garmin Total Assets?

Garmin FRA:GEY +0.71% 98 Total Assets is €9,474 Mil as of Mar. 2026. GuruFocus rates FRA:GEY with a GF Score™ of 98/100 and a GF Value™ of €202.51 (Fairly Valued). The stock has 2 warning signs investors should review.

Garmin's Total Assets for the quarter that ended in Mar. 2026 was €9,474 Mil.

During the past 12 months, Garmin's average Total Assets Growth Rate was 16.00% per year. During the past 3 years, the average Total Assets Growth Rate was 9.60% per year. During the past 5 years, the average Total Assets Growth Rate was 8.60% per year. During the past 10 years, the average Total Assets Growth Rate was 9.60% per year.

During the past 13 years, Garmin's highest 3-Year average Total Assets Growth Rate was 46.90%. The lowest was -1.30%. And the median was 9.80%.

Total Assets is connected with ROA %. Garmin's annualized ROA % for the quarter that ended in Mar. 2026 was 14.86%. Total Assets is also linked to Revenue through Asset Turnover. Garmin's Asset Turnover for the quarter that ended in Mar. 2026 was 0.16.


Garmin  (FRA:GEY) Total Assets Explanation

Total Assets is connected with ROA %.

Garmin's annualized ROA % for the quarter that ended in Mar. 2026 is

ROA %=Net Income (Q: Mar. 2026 )/( (Total Assets (Q: Dec. 2025 )+Total Assets (Q: Mar. 2026 ))/ count )
=1401.568/( (9388.593+9473.859)/ 2 )
=1401.568/9431.226
=14.86 %

Note: The Net Income data used here is four times the quarterly (Mar. 2026) data.

In the article Joining The Dark Side: Pirates, Spies and Short Sellers, James Montier reported that In their US sample covering the period 1968-2003, Cooper et al find that firms with low asset growth outperformed firms with high asset growth by an astounding 20% p.a. equally weighted. Even when controlling for market, size and style, low asset growth firms outperformed high asset growth firms by 13% p.a. Therefore a company with fast asset growth may underperform.

Total Assets is linked to total revenue through Asset Turnover.

Garmin's Asset Turnover for the quarter that ended in Mar. 2026 is

Asset Turnover
=Revenue (Q: Mar. 2026 )/( (Total Assets (Q: Dec. 2025 )+Total Assets (Q: Mar. 2026 ))/ count )
=1516.768/( (9388.593+9473.859)/ 2 )
=1516.768/9431.226
=0.16

* 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.

Therefore, if a company grows its Total Assets faster than its Revenue, the Asset Turnover will decline. This might be a warning sign for the business.

Garmin Total Assets Related Terms


Garmin Total Assets Historical Data

* Premium members only.

The historical data trend for Garmin's Total Assets 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.

Garmin Total Assets Chart

Garmin Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Total Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 6,951.17 7,298.22 7,889.47 9,197.15 9,388.59

Garmin Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Total Assets Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 9,053.55 8,950.97 8,965.49 9,388.59 9,473.86
FRA:GEY
98GF Score
Garmin Ltd FRA:GEY
Total Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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Garmin Total Assets Calculation

Total Assets are all the assets a company owns.

From the capital sources of the assets, some of the assets are funded through shareholder's paid in capital and retained earnings of the business. Others are funded through borrowed money.

Garmin's Total Assets for the fiscal year that ended in Dec. 2025 is calculated as

Total Assets=Total Equity (A: Dec. 2025 )+Total Liabilities (A: Dec. 2025 )
=7662.57+1726.024
=9,389

Garmin's Total Assets for the quarter that ended in Mar. 2026 is calculated as

Total Assets=Total Equity (Q: Mar. 2026 )+Total Liabilities (Q: Mar. 2026 )
=8019.436+1454.423
=9,474

* 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.

Frequently Asked Questions Learn more about Total Assets →
What does a Total Assets of €9,474 Mil mean?
Garmin (FRA:GEY) has a Total Assets of €9,474 Mil as of Mar. 2026. The total amount of assets as recorded on a company's balance sheet. View historical data on Garmin and its competitors.
Is Garmin's Total Assets too high?
Garmin's current Total Assets is €9,474 Mil. Overall, Garmin has a GF Score™ of 98/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Garmin's Total Assets compare to KEYS and TDY?
Garmin's Total Assets of €9,474 Mil can be compared against companies in the Hardware industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Total Assets for a Hardware company?
A good Total Assets depends on the Hardware industry context. However, Total Assets 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 Total Assets mean?
A high Total Assets can signal that a stock is expensive relative to its fundamentals. The total amount of assets as recorded on a company's balance sheet. View historical data on Garmin and its competitors. Garmin's current Total Assets is €9,474 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?
Based on GuruFocus' analysis, Garmin (FRA:GEY) is currently considered Fairly Valued. The stock's GF Value™ is €202.51, compared to a current price of €212.40 — trading 4.9% above its estimated fair value. The current Total Assets is €9,474 Mil. Garmin's overall GF Score™ is 98/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Total Assets calculated?
Total Assets is calculated from a company's financial statements. For Garmin (FRA:GEY), the current Total Assets is €9,474 Mil as of Mar. 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 (FRA:GEY) Overvalued in 2026?

Based on GuruFocus' analysis, Garmin stock appears to be overvalued. The current stock price of €212.40 is trading 4.9% above its estimated GF Value™ of €202.51. GuruFocus considers Garmin to be Fairly Valued.

Key valuation signals for FRA:GEY:

  • Total Assets: €9,474 Mil
  • GF Value™: €202.51 vs. price of €212.40 (4.9% above fair value)
  • GF Score™: 98/100 with 2 warning signs

No single metric tells the full story. See the FRA:GEY stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Garmin Business Description

Address Muhlentalstrasse 36/38, Schaffhausen, CHE, 8200
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.
98GF Score

Get the complete analysis for FRA:GEY

Total Assets is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€212.40
Price
€202.51
GF Value