Garmin (GRMN) seasonality heatmap
Returns across monthly, quarterly, and yearly periods. Cell color encodes signed magnitude; the scale auto-fits each table.
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | -0.6% | +25.4% | -7.9% | +8.2% | -6.9% | +1.8% | — | — | — | — | — | — |
| 2025 | +4.6% | +6.1% | -4.8% | -13.9% | +8.6% | +3.3% | +4.8% | +10.5% | +2.2% | -13.1% | -8.7% | +4.3% |
| 2024 | -7.0% | +14.9% | +8.9% | -3.0% | +13.4% | -0.1% | +5.1% | +7.0% | -3.6% | +12.7% | +7.2% | -2.6% |
| 2023 | +7.1% | -0.8% | +3.6% | -2.7% | +5.1% | +1.8% | +1.5% | +0.1% | -0.1% | -2.5% | +19.2% | +5.8% |
| 2022 | -8.6% | -11.2% | +8.1% | -7.5% | -3.8% | -6.3% | -0.6% | -9.4% | -8.5% | +9.6% | +5.6% | +0.0% |
| 2021 | -4.0% | +8.0% | +6.8% | +4.1% | +3.6% | +2.2% | +8.7% | +11.0% | -10.5% | -7.6% | -7.0% | +2.5% |
| 2020 | -0.6% | -8.8% | -14.5% | +8.3% | +11.1% | +8.9% | +1.1% | +5.1% | -7.9% | +9.7% | +12.2% | +3.0% |
| 2019 | +9.2% | +21.4% | +3.5% | -0.7% | -10.8% | +5.1% | -1.5% | +3.8% | +4.5% | +10.7% | +4.2% | +0.4% |
| 2018 | +5.7% | -5.9% | +0.3% | -0.5% | +2.4% | +2.4% | +2.4% | +9.1% | +3.6% | -5.5% | +0.8% | -4.2% |
| 2017 | -0.4% | +6.9% | +0.0% | -0.5% | +2.4% | -1.0% | -1.7% | +2.6% | +5.8% | +4.9% | +9.7% | -3.2% |
| 2016 | -5.3% | +15.2% | -0.1% | +6.7% | -0.2% | +1.0% | +28.1% | -9.7% | -0.9% | +0.5% | +7.9% | -6.1% |
| 2015 | -0.9% | -5.2% | -3.3% | -4.9% | +0.6% | -2.3% | -4.6% | -10.3% | -3.2% | -1.2% | +6.7% | -0.4% |
| 2014 | -2.5% | +19.1% | +3.9% | +3.3% | +3.2% | +4.2% | -9.7% | -1.2% | -3.4% | +6.7% | +3.3% | -7.0% |
| 2013 | -7.0% | -9.3% | -2.6% | +6.2% | -0.4% | +4.9% | +10.8% | +1.7% | +12.0% | +3.4% | +3.9% | -4.0% |
| 2012 | +4.7% | +13.2% | +0.4% | +0.3% | -8.8% | -9.9% | +0.8% | +4.5% | +4.6% | -9.0% | +2.3% | +5.9% |
| 2011 | -0.5% | +10.1% | -0.3% | +1.1% | -0.4% | -0.7% | -1.2% | +2.8% | -4.1% | +8.2% | +6.4% | +10.0% |
| 2010 | +5.2% | -1.1% | +20.9% | +0.8% | -10.2% | -13.1% | -2.3% | -6.6% | +14.0% | +8.2% | -11.8% | +7.0% |
| 2009 | -8.5% | -2.3% | +23.9% | +18.8% | -17.2% | +14.2% | +16.1% | +18.8% | +14.8% | -19.8% | +1.1% | +2.8% |
| 2008 | -25.6% | -18.6% | -8.0% | -24.3% | +18.9% | -11.9% | -16.7% | -2.6% | -2.4% | -33.8% | -20.6% | +12.5% |
| 2007 | -9.8% | +9.1% | -1.1% | +7.4% | +10.6% | +15.0% | +13.4% | +22.3% | +17.3% | -10.1% | -0.1% | -9.6% |
| 2006 | -6.3% | +10.6% | +15.4% | +8.8% | +8.0% | +13.0% | -9.9% | -1.5% | +4.3% | +9.5% | -3.7% | +9.4% |
| 2005 | -9.6% | -6.8% | -9.6% | -14.7% | +12.3% | -3.6% | +28.4% | +5.4% | +17.2% | -15.3% | -3.2% | +20.4% |
| 2004 | -2.4% | -13.7% | -6.8% | -24.6% | +7.8% | +6.7% | +1.2% | +3.8% | +11.1% | +15.6% | +17.5% | +4.5% |
| 2003 | +0.3% | +13.6% | +7.4% | +18.3% | +13.9% | -17.3% | -4.0% | +4.4% | +4.8% | +19.4% | +13.0% | -2.7% |
| 2002 | -10.1% | +5.2% | +13.7% | -1.8% | +6.7% | -8.0% | -7.8% | -0.8% | -8.0% | +12.6% | +13.8% | +23.1% |
| 2001 | -1.7% | +12.6% | -9.1% | +5.6% | -4.8% | +14.4% | -4.7% | -9.0% | -18.8% | +4.3% | +3.9% | +22.0% |
| 2000 | — | — | — | — | — | — | — | — | — | — | — | — |
| Avg | -2.9% | +4.1% | +1.9% | -0.0% | +2.5% | +0.9% | +2.3% | +2.5% | +1.8% | +0.7% | +3.3% | +3.7% |
| Median | -2.1% | +6.5% | +0.2% | +0.5% | +2.8% | +1.8% | +0.8% | +2.8% | +2.2% | +4.3% | +3.9% | +2.8% |
| Last 5Y Avg | -0.9% | +6.9% | +1.6% | -3.8% | +3.3% | +0.2% | +3.9% | +3.9% | -4.1% | -0.2% | +3.3% | +2.0% |
| Std Dev (σ) | 7.3% | 11.7% | 9.4% | 10.6% | 8.8% | 8.7% | 10.7% | 8.2% | 9.2% | 12.5% | 9.1% | 8.8% |
| Consistency (μ/σ) | -0.40 | 0.35 | 0.20 | -0.00 | 0.28 | 0.10 | 0.22 | 0.30 | 0.19 | 0.06 | 0.37 | 0.43 |
| Win Rate (%) | 27% | 58% | 50% | 54% | 62% | 56% | 52% | 64% | 52% | 60% | 72% | 60% |
| Winning / Losing Months | ▲7▼19 | ▲15▼11 | ▲13▼13 | ▲14▼12 | ▲16▼10 | ▲14▼11 | ▲13▼12 | ▲16▼9 | ▲13▼12 | ▲15▼10 | ▲18▼7 | ▲15▼10 |
| Longest Win / Loss Streak | ▲2▼6 | ▲3▼3 | ▲4▼3 | ▲6▼4 | ▲7▼5 | ▲4▼3 | ▲3▼3 | ▲5▼3 | ▲5▼5 | ▲4▼3 | ▲10▼4 | ▲5▼6 |
| Best | +9.2%in January 2019 | +25.4%in February 2026 | +23.9%in March 2009 | +18.8%in April 2009 | +18.9%in May 2008 | +15.0%in June 2007 | +28.4%in July 2005 | +22.3%in August 2007 | +17.3%in September 2007 | +19.4%in October 2003 | +19.2%in November 2023 | +23.1%in December 2002 |
| Worst | -25.6%in January 2008 | -18.6%in February 2008 | -14.5%in March 2020 | -24.6%in April 2004 | -17.2%in May 2009 | -17.3%in June 2003 | -16.7%in July 2008 | -10.3%in August 2015 | -18.8%in September 2001 | -33.8%in October 2008 | -20.6%in November 2008 | -9.6%in December 2007 |
−33.8%+28.4%
2026
Jan-0.6%
Feb+25.4%
Mar-7.9%
Apr+8.2%
May-6.9%
Jun+1.8%
Jul—
Aug—
Sep—
Oct—
Nov—
Dec—
2025
Jan+4.6%
Feb+6.1%
Mar-4.8%
Apr-13.9%
May+8.6%
Jun+3.3%
Jul+4.8%
Aug+10.5%
Sep+2.2%
Oct-13.1%
Nov-8.7%
Dec+4.3%
2024
Jan-7.0%
Feb+14.9%
Mar+8.9%
Apr-3.0%
May+13.4%
Jun-0.1%
Jul+5.1%
Aug+7.0%
Sep-3.6%
Oct+12.7%
Nov+7.2%
Dec-2.6%
2023
Jan+7.1%
Feb-0.8%
Mar+3.6%
Apr-2.7%
May+5.1%
Jun+1.8%
Jul+1.5%
Aug+0.1%
Sep-0.1%
Oct-2.5%
Nov+19.2%
Dec+5.8%
2022
Jan-8.6%
Feb-11.2%
Mar+8.1%
Apr-7.5%
May-3.8%
Jun-6.3%
Jul-0.6%
Aug-9.4%
Sep-8.5%
Oct+9.6%
Nov+5.6%
Dec+0.0%
2021
Jan-4.0%
Feb+8.0%
Mar+6.8%
Apr+4.1%
May+3.6%
Jun+2.2%
Jul+8.7%
Aug+11.0%
Sep-10.5%
Oct-7.6%
Nov-7.0%
Dec+2.5%
2020
Jan-0.6%
Feb-8.8%
Mar-14.5%
Apr+8.3%
May+11.1%
Jun+8.9%
Jul+1.1%
Aug+5.1%
Sep-7.9%
Oct+9.7%
Nov+12.2%
Dec+3.0%
2019
Jan+9.2%
Feb+21.4%
Mar+3.5%
Apr-0.7%
May-10.8%
Jun+5.1%
Jul-1.5%
Aug+3.8%
Sep+4.5%
Oct+10.7%
Nov+4.2%
Dec+0.4%
2018
Jan+5.7%
Feb-5.9%
Mar+0.3%
Apr-0.5%
May+2.4%
Jun+2.4%
Jul+2.4%
Aug+9.1%
Sep+3.6%
Oct-5.5%
Nov+0.8%
Dec-4.2%
2017
Jan-0.4%
Feb+6.9%
Mar+0.0%
Apr-0.5%
May+2.4%
Jun-1.0%
Jul-1.7%
Aug+2.6%
Sep+5.8%
Oct+4.9%
Nov+9.7%
Dec-3.2%
2016
Jan-5.3%
Feb+15.2%
Mar-0.1%
Apr+6.7%
May-0.2%
Jun+1.0%
Jul+28.1%
Aug-9.7%
Sep-0.9%
Oct+0.5%
Nov+7.9%
Dec-6.1%
2015
Jan-0.9%
Feb-5.2%
Mar-3.3%
Apr-4.9%
May+0.6%
Jun-2.3%
Jul-4.6%
Aug-10.3%
Sep-3.2%
Oct-1.2%
Nov+6.7%
Dec-0.4%
2014
Jan-2.5%
Feb+19.1%
Mar+3.9%
Apr+3.3%
May+3.2%
Jun+4.2%
Jul-9.7%
Aug-1.2%
Sep-3.4%
Oct+6.7%
Nov+3.3%
Dec-7.0%
2013
Jan-7.0%
Feb-9.3%
Mar-2.6%
Apr+6.2%
May-0.4%
Jun+4.9%
Jul+10.8%
Aug+1.7%
Sep+12.0%
Oct+3.4%
Nov+3.9%
Dec-4.0%
2012
Jan+4.7%
Feb+13.2%
Mar+0.4%
Apr+0.3%
May-8.8%
Jun-9.9%
Jul+0.8%
Aug+4.5%
Sep+4.6%
Oct-9.0%
Nov+2.3%
Dec+5.9%
2011
Jan-0.5%
Feb+10.1%
Mar-0.3%
Apr+1.1%
May-0.4%
Jun-0.7%
Jul-1.2%
Aug+2.8%
Sep-4.1%
Oct+8.2%
Nov+6.4%
Dec+10.0%
2010
Jan+5.2%
Feb-1.1%
Mar+20.9%
Apr+0.8%
May-10.2%
Jun-13.1%
Jul-2.3%
Aug-6.6%
Sep+14.0%
Oct+8.2%
Nov-11.8%
Dec+7.0%
2009
Jan-8.5%
Feb-2.3%
Mar+23.9%
Apr+18.8%
May-17.2%
Jun+14.2%
Jul+16.1%
Aug+18.8%
Sep+14.8%
Oct-19.8%
Nov+1.1%
Dec+2.8%
2008
Jan-25.6%
Feb-18.6%
Mar-8.0%
Apr-24.3%
May+18.9%
Jun-11.9%
Jul-16.7%
Aug-2.6%
Sep-2.4%
Oct-33.8%
Nov-20.6%
Dec+12.5%
2007
Jan-9.8%
Feb+9.1%
Mar-1.1%
Apr+7.4%
May+10.6%
Jun+15.0%
Jul+13.4%
Aug+22.3%
Sep+17.3%
Oct-10.1%
Nov-0.1%
Dec-9.6%
2006
Jan-6.3%
Feb+10.6%
Mar+15.4%
Apr+8.8%
May+8.0%
Jun+13.0%
Jul-9.9%
Aug-1.5%
Sep+4.3%
Oct+9.5%
Nov-3.7%
Dec+9.4%
2005
Jan-9.6%
Feb-6.8%
Mar-9.6%
Apr-14.7%
May+12.3%
Jun-3.6%
Jul+28.4%
Aug+5.4%
Sep+17.2%
Oct-15.3%
Nov-3.2%
Dec+20.4%
2004
Jan-2.4%
Feb-13.7%
Mar-6.8%
Apr-24.6%
May+7.8%
Jun+6.7%
Jul+1.2%
Aug+3.8%
Sep+11.1%
Oct+15.6%
Nov+17.5%
Dec+4.5%
2003
Jan+0.3%
Feb+13.6%
Mar+7.4%
Apr+18.3%
May+13.9%
Jun-17.3%
Jul-4.0%
Aug+4.4%
Sep+4.8%
Oct+19.4%
Nov+13.0%
Dec-2.7%
2002
Jan-10.1%
Feb+5.2%
Mar+13.7%
Apr-1.8%
May+6.7%
Jun-8.0%
Jul-7.8%
Aug-0.8%
Sep-8.0%
Oct+12.6%
Nov+13.8%
Dec+23.1%
2001
Jan-1.7%
Feb+12.6%
Mar-9.1%
Apr+5.6%
May-4.8%
Jun+14.4%
Jul-4.7%
Aug-9.0%
Sep-18.8%
Oct+4.3%
Nov+3.9%
Dec+22.0%
2000
Jan—
Feb—
Mar—
Apr—
May—
Jun—
Jul—
Aug—
Sep—
Oct—
Nov—
Dec—
Avg
Jan-2.9%
Feb+4.1%
Mar+1.9%
Apr-0.0%
May+2.5%
Jun+0.9%
Jul+2.3%
Aug+2.5%
Sep+1.8%
Oct+0.7%
Nov+3.3%
Dec+3.7%
Median
Jan-2.1%
Feb+6.5%
Mar+0.2%
Apr+0.5%
May+2.8%
Jun+1.8%
Jul+0.8%
Aug+2.8%
Sep+2.2%
Oct+4.3%
Nov+3.9%
Dec+2.8%
Last 5Y Avg
Jan-0.9%
Feb+6.9%
Mar+1.6%
Apr-3.8%
May+3.3%
Jun+0.2%
Jul+3.9%
Aug+3.9%
Sep-4.1%
Oct-0.2%
Nov+3.3%
Dec+2.0%
Std Dev (σ)
Jan7.3%
Feb11.7%
Mar9.4%
Apr10.6%
May8.8%
Jun8.7%
Jul10.7%
Aug8.2%
Sep9.2%
Oct12.5%
Nov9.1%
Dec8.8%
Consistency (μ/σ)
Jan-0.40
Feb0.35
Mar0.20
Apr-0.00
May0.28
Jun0.10
Jul0.22
Aug0.30
Sep0.19
Oct0.06
Nov0.37
Dec0.43
Win Rate (%)
Jan27%
Feb58%
Mar50%
Apr54%
May62%
Jun56%
Jul52%
Aug64%
Sep52%
Oct60%
Nov72%
Dec60%
Winning / Losing Months
Jan▲7▼19
Feb▲15▼11
Mar▲13▼13
Apr▲14▼12
May▲16▼10
Jun▲14▼11
Jul▲13▼12
Aug▲16▼9
Sep▲13▼12
Oct▲15▼10
Nov▲18▼7
Dec▲15▼10
Longest Win / Loss Streak
Jan▲2▼6
Feb▲3▼3
Mar▲4▼3
Apr▲6▼4
May▲7▼5
Jun▲4▼3
Jul▲3▼3
Aug▲5▼3
Sep▲5▼5
Oct▲4▼3
Nov▲10▼4
Dec▲5▼6
Best
Jan+9.2%2019
Feb+25.4%2026
Mar+23.9%2009
Apr+18.8%2009
May+18.9%2008
Jun+15.0%2007
Jul+28.4%2005
Aug+22.3%2007
Sep+17.3%2007
Oct+19.4%2003
Nov+19.2%2023
Dec+23.1%2002
Worst
Jan-25.6%2008
Feb-18.6%2008
Mar-14.5%2020
Apr-24.6%2004
May-17.2%2009
Jun-17.3%2003
Jul-16.7%2008
Aug-10.3%2015
Sep-18.8%2001
Oct-33.8%2008
Nov-20.6%2008
Dec-9.6%2007
−33.8%+28.4%
Frequently asked questions
Data & methodology
Garmin (GRMN) Key Financials
Charts, filings, and peer comparison for every metric
Income Statement
Balance Sheet
Cash Flow
Explore more
Deep-dives across the income statement, cash flow, capital return, and valuation
Overview
Income Statement