• Garmin average price to free cash flow ratio for 2024 was 25.57, a 14.2% increase from 2023.
• Garmin average price to free cash flow ratio for 2023 was 22.39, a 47.5% increase from 2022.
• Garmin average price to free cash flow ratio for 2022 was 42.65, a 62.04% decline from 2021.

Price to free cash flow ratio can be defined as