As of January 2026 Garmin has a market cap of $40.74 Billion. This makes Garmin the world's 589th most valuable company by market cap according to our data. The market capitalization, commonly called market cap, is the total market value of a publicly traded company's outstanding shares and is commonly used to measure how much a company is worth.
Market Cap Of Garmin
Year-On-Year Garmin Market Cap
| Year | Market Cap | Change | % Change |
|---|---|---|---|
| 2026 | $40.74B | -$7.43B | -15.42% |
| 2025 | $48.17B | +$17.00B | +54.54% |
| 2024 | $31.17B | +$12.09B | +63.37% |
| 2023 | $19.08B | +$3.22B | +20.30% |
| 2022 | $15.86B | -$15.90B | -50.06% |
| 2021 | $31.76B | +$12.48B | +64.73% |
| 2020 | $19.28B | +$1.92B | +11.06% |
| 2019 | $17.36B | +$5.12B | +41.83% |
| 2018 | $12.24B | +$1.05B | +9.38% |
| 2017 | $11.19B | +$1.51B | +15.60% |
| 2016 | $9.68B | - | - |
FAQs
How much did Garmin's market capitalization change in the last quarter?
Garmin's market cap increased by approximately 2.85% in the most recent quarter. The company experienced growth driven by strong performance in its fitness, marine, and outdoor segments during this period.
Does Garmin's market cap include both Class A and Class B outstanding shares?
Garmin has a single class of common stock with no Class A or Class B distinction. The market cap calculation includes all 192.40 million outstanding shares of common stock traded on the NYSE.
What is the market cap of Garmin?
As of January 2026, Garmin has a market capitalization of $40.74 billion. This positions the GPS technology and wearables manufacturer as the 589th most valuable company globally by market cap.
How does Garmin's enterprise value compare to its market cap?
Garmin's enterprise value stands at approximately $38.31 billion compared to its market cap of $40.74 billion. The lower enterprise value reflects Garmin's strong net cash position with minimal debt obligations.