Garmin(US:GRMN) The Motley Fool·2026-02-13 20:17Company Overview - Garmin is a diversified company involved in various sectors including aviation services, marine electronics, automotive equipment, and wearables, not just fitness and GPS [2] - The company reported record revenue of $6.3 billion for fiscal year 2024, marking a 20% increase, with all five business segments achieving all-time highs [3] Financial Performance - Operating income for Garmin surged 46% to $1.59 billion, indicating strong financial health [3] - In Q3 2025, the fitness segment revenue increased by 30%, while the outdoor segment generated $498 million, despite a 5% decline due to previous year's product launches [4] - Garmin raised its revenue guidance for the full year to $7.1 billion, reflecting robust growth across its segments [4] Upcoming Earnings Report - Wall Street anticipates Garmin to report Q4 2025 earnings of $2.39 per share on revenue of approximately $2.01 billion, representing a 10.4% year-over-year increase [6] - The stock is currently trading around $205, significantly below its 52-week high of $261.69, and has a market cap of $39 billion [7] Investment Considerations - The price-to-earnings ratio stands at 23, with earnings growth projected at 11%, suggesting a fair valuation for consistent growth [9] - Caution is advised when buying stocks before earnings reports, as seen in October when Garmin's stock dropped 11.5% after missing revenue estimates by a small margin [8] - A strategy of partial investment now, with additional purchases if the stock dips post-report, is recommended for long-term investors [10][11]