GRMN
Garmin Ltd. Consumer Discretionary - Electronics Investor Relations →
Garmin Ltd. (GRMN) closed at $232.36 as of 2026-03-20, trading 54.9% above its 200-week moving average of $150.03. The stock is currently moving closer to the line, down from 55.8% last week. The 14-week RSI sits at 62, indicating neutral momentum.
Trading volume is running at 1.0x of its 14-week average, which is in the normal range. The balance between buying and selling volume (1.08 ratio) is neutral — neither side is clearly dominating.
Over the past 1271 weeks of data, GRMN has crossed below its 200-week moving average 13 times. On average, these episodes lasted 24 weeks. Historically, investors who bought GRMN at the start of these episodes saw an average one-year return of +44.0%.
With a market cap of $44.7 billion, GRMN is a large-cap stock. The company generates a free cash flow yield of 1.8%. Return on equity stands at 19.8%, a solid level. The stock trades at 5.0x book value.
GRMN passes our Buffett quality screen: high return on equity, low debt, and positive free cash flow.
Over the past 24.4 years, a hypothetical investment of $100 in GRMN would have grown to $5112, compared to $888 for the S&P 500. That represents an annualized return of 17.5% vs 9.4% for the index — confirming GRMN as a market-beating investment and the kind of quality company where buying during 200-week moving average touches has historically been rewarded.
Free cash flow has been growing at a 35.8% compound annual rate, with 4 consecutive years of positive cash generation.
Business Health
Annual financials — how the underlying business has performed over the past several years.
Cash Flow Free cash flow & net income ($M)
Revenue Annual revenue ($M) — business growth proxy
Total Debt Balance sheet debt ($M)
ROIC Return on invested capital (%)
FCF Yield Free cash flow / market cap (%) — Yartseva signal
Gross Margin Pricing power & competitive moat (%)
Shares Outstanding Buybacks vs dilution (millions)
Growth of $100: GRMN vs S&P 500
Monthly data normalized to $100 at start. Vertical dashed lines mark 200-week MA touches.
What Happens After GRMN Crosses Below the Line?
Across 13 historical episodes, buying GRMN when it crossed below its 200-week moving average produced an average return of +41.3% after 12 months (median +37.0%), compared to +5.3% for the S&P 500 over the same periods. 85% of those episodes were profitable after one year. After 24 months, the average return was +99.0% vs +24.2% for the index.
Each line shows $100 invested at the moment GRMN crossed below its 200-week MA. Bold blue = stock average. Gray dashed = S&P 500 average over same periods.
Historical Touches
GRMN has crossed below its 200-week MA 13 times with an average 1-year return of +44.0% after recovery.
| Crossed Below | Recovered | Weeks | Max Depth | 1-Year Return | Return Since Touch |
|---|---|---|---|---|---|
| Nov 2001 | Dec 2001 | 5 | 14.8% | +36.7% | +5131.5% |
| Jan 2002 | Feb 2002 | 6 | 4.5% | +54.8% | +4462.6% |
| Jul 2002 | Sep 2002 | 9 | 11.2% | +104.3% | +4382.3% |
| Sep 2002 | Oct 2002 | 6 | 8.8% | +140.2% | +4639.5% |
| May 2004 | May 2004 | 1 | 0.3% | +48.2% | +2938.7% |
| Apr 2008 | May 2008 | 5 | 10.1% | -48.2% | +851.8% |
| Jun 2008 | Oct 2011 | 173 | 67.6% | -46.6% | +850.1% |
| Jul 2015 | Apr 2016 | 37 | 20.9% | +36.7% | +654.9% |
| May 2016 | May 2016 | 2 | 2.0% | +36.1% | +659.1% |
| Jun 2022 | May 2023 | 51 | 22.1% | +8.7% | +153.8% |
| Jun 2023 | Jul 2023 | 2 | 2.8% | +61.8% | +140.5% |
| Jul 2023 | Oct 2023 | 10 | 3.8% | +73.8% | +133.3% |
| Oct 2023 | Oct 2023 | 2 | 5.7% | +65.5% | +134.8% |
| Average | 24 | — | +44.0% | — |
Frequently Asked Questions
Is GRMN below its 200-week moving average?
No. Garmin Ltd. (GRMN) is currently 54.9% above its 200-week moving average of $150.03. It would need to fall to $150.03 to cross below the line.
What is GRMN's 200-week moving average price?
Garmin Ltd.'s 200-week moving average is $150.03 as of 2026-03-20. This is the average weekly closing price over roughly the last 4 years, and it acts as a long-term trend line. When a stock drops below this level, it can signal that the price has fallen far enough from the long-term trend to attract value-oriented investors.
What happens when GRMN drops below its 200-week moving average?
GRMN has crossed below its 200-week moving average 13 times in our data. On average, buying at that moment produced a one-year return of +44.0%. These dips have historically been decent entry points. These episodes lasted 24 weeks on average.
Is GRMN a good value right now?
Here's what our data says about GRMN as of 2026-03-20: The stock is above its 200-week moving average, so it doesn't currently meet our primary signal. The 14-week RSI is 62. Free cash flow yield is 1.8%. Return on equity is 19.8%. Price-to-book is 5.0x. This is not a buy or sell recommendation — always do your own research.
How does GRMN compare to the S&P 500?
Over the past 24.4 years, $100 invested in GRMN would have grown to $5112, compared to $888 for the S&P 500. That's 17.5% annualized vs 9.4% for the index. GRMN has outperformed the broader market over this period.
Does GRMN pay a dividend?
Yes. Garmin Ltd. currently pays a dividend yield of 181.00%.
Not financial advice. This is an educational tool. Past performance does not guarantee future results. Do your own research before making investment decisions.
Data as of week of 2026-03-20