Garmin Ltd
NASDAQ:GRMN
ROIC
Return on Invested Capital
ROIC, or Return on Invested Capital, tells you how good a company is at turning its invested money into profits. In simple terms, ROIC shows how many dollars of profit the company makes for each dollar it has invested. A higher ROIC usually means the company is using its money wisely to grow and make more profits, which is a good sign for investors.
ROIC Across Competitors
ROIC Comparison
Garmin Ltd Competitors
| Country | CH |
| Market Cap | 27.4B USD |
| ROIC |
19%
|
| Country | JP |
| Market Cap | 15.7T JPY |
| ROIC |
3%
|
| Country | JP |
| Market Cap | 3.3T JPY |
| ROIC |
8%
|
| Country | CN |
| Market Cap | 91.3B CNY |
| ROIC |
2%
|
| Country | KR |
| Market Cap | 16.6T KRW |
| ROIC |
5%
|
| Country | IN |
| Market Cap | 480.5B INR |
| ROIC |
21%
|
| Country | CN |
| Market Cap | 35.3B CNY |
| ROIC |
9%
|
| Country | JP |
| Market Cap | 597.6B JPY |
| ROIC |
4%
|
| Country | JP |
| Market Cap | 539.6B JPY |
| ROIC |
-2%
|
| Country | CN |
| Market Cap | 24.9B CNY |
| ROIC |
9%
|
| Country | CN |
| Market Cap | 24B CNY |
| ROIC |
4%
|
Profitability Report
View the profitability report to see the full profitability analysis for Garmin Ltd.
See Also
ROIC, or Return on Invested Capital, tells you how good a company is at turning its invested money into profits. In simple terms, ROIC shows how many dollars of profit the company makes for each dollar it has invested. A higher ROIC usually means the company is using its money wisely to grow and make more profits, which is a good sign for investors.
Based on Garmin Ltd's most recent financial statements, the company has ROIC of 19.1%.
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