Garmin (GRMN) Stock Buyback History
TTM buyback yield 0.60% · Shareholder yield (TTM) 0.60%.

Garmin
GRMN
TTM buyback yield
0.60%
Shareholder yield (TTM)
0.60%
5Y share count change
0.9%
TTM buyback spend
$238.21M
SBC coverage (TTM)
1.91x
Diluted vs basic shares (annual)
Weighted average shares from the income statement: diluted (EPS denominator and typical buyback-yield basis) compared with basic.
Shares outstanding (annual)
Year-over-year change in diluted weighted average shares (industry-standard for EPS and per-share capital return). Green is fewer shares vs the prior fiscal year; red is growth (dilution). The earliest year shown has no prior year to compare.
Dividend & buyback yield
Buybacks vs stock-based compensation
TTM coverage: 1.91x (buybacks ÷ SBC). Bars are fiscal-year totals.
Buyback spending history
| Year | Buybacks | SBC | Net | Shares (dil.) | YoY shares | Buyback yield |
|---|---|---|---|---|---|---|
| 2025 | $238.21M | $0.00 | $238.21M | 0.19B | 0.1% | 0.60% |
| 2024 | $62.35M | $137.16M | −$74.81M | 0.19B | 0.7% | 0.19% |
| 2023 | $98.99M | $101.42M | −$2.43M | 0.19B | -0.5% | 0.40% |
| 2022 | $223.74M | $76.80M | $146.94M | 0.19B | -0.0% | 1.27% |
| 2021 | $30.98M | $92.52M | −$61.54M | 0.19B | 0.6% | 0.12% |
| 2020 | $26.33M | $80.89M | −$54.55M | 0.19B | 0.5% | 0.12% |
| 2019 | $25.89M | $63.40M | −$37.51M | 0.19B | 0.6% | 0.14% |
| 2018 | $16.66M | $56.39M | −$39.74M | 0.19B | 0.5% | 0.14% |
| 2017 | $87.30M | $44.73M | $42.56M | 0.19B | -0.3% | 0.78% |
| 2016 | $100.56M | $41.25M | $59.31M | 0.19B | -0.9% | 1.10% |
| 2015 | $137.00M | $26.29M | $110.71M | 0.19B | -1.6% | 1.95% |
| 2014 | $260.22M | $24.29M | $235.92M | 0.19B | -1.1% | 2.57% |
| 2013 | $58.42M | $22.59M | $35.83M | 0.20B | 0.1% | 0.65% |
| 2012 | $18.75M | $29.27M | −$10.53M | 0.20B | 0.7% | 0.24% |
| 2011 | $22.30M | $40.21M | −$17.91M | 0.19B | -1.6% | 0.29% |
| 2010 | $225.93M | $40.33M | $185.60M | 0.20B | -1.6% | 3.75% |
| 2009 | $20.26M | $43.62M | −$23.36M | 0.20B | -4.5% | 0.33% |
| 2008 | $671.85M | $38.87M | $632.98M | 0.21B | -4.2% | 17.60% |
| 2007 | $7.78M | $0.00 | $7.78M | 0.22B | 0.5% | 0.04% |
| 2006 | $50.45M | $0.00 | $50.45M | 0.22B | 0.2% | 0.42% |
| 2005 | $26.65M | $0.00 | $26.65M | 0.22B | 0.3% | 0.37% |
| 2004 | $3.18M | $0.00 | $3.18M | 0.22B | -0.1% | 0.05% |
| 2003 | $0.00 | $0.00 | $0.00 | 0.22B | 0.7% | — |
| 2002 | $0.00 | $0.00 | $0.00 | 0.22B | -0.4% | — |
| 2001 | $9.83M | $0.00 | $9.83M | 0.22B | 7.9% | 0.43% |
| 2000 | $0.00 | $0.00 | $0.00 | 0.20B | 0.4% | — |
| 1999 | $0.00 | $0.00 | $0.00 | 0.20B | — | — |
Buybacks vs dividends (share of cash returned)
Buyback capacity (TTM)
TTM buybacks vs headroom (FCF − dividends, TTM)34% of headroom
Headroom $699.03M (TTM FCF − TTM dividends, clamped at zero).
Frequently asked questions
Does Garmin buy back its own stock?
- Yes, Garmin (GRMN) has repurchased shares in recent periods. See the history table and charts on this page for amounts and trends.
How much does Garmin spend on share buybacks?
- Trailing twelve months (TTM) buyback spend is about $238.21M (sum of the last four quarterly cash-flow periods in our data). Figures are illustrative; verify in filings.
What is Garmin's buyback yield?
- TTM buyback yield is about 0.60% (TTM buyback spend divided by market cap at the latest quarter-end in our data).
What is Garmin's shareholder yield?
- Shareholder yield combines dividend yield and buyback yield. For the latest period we show approximately 0.60% combined (TTM-based where available).
Is Garmin diluting shareholders?
- Compare stock-based compensation (SBC) to buybacks in the chart above. Net effect varies by year; see annual buyback vs SBC bars and the history table.
How has Garmin's share count changed?
- Diluted weighted average shares changed by about 0.9% over roughly five fiscal years (annual income statement data).