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Garmin Ltd
Previous close
$215.85
Day range
$208.49 - $216.35
Year range
$119.31 - $222.97
Market cap
41.38B USD
Avg Volume
726.34K
P/E ratio
27.39
Dividend yield
1.39%
Primary exchange
NYSE
In the news
Financials
Income Statement
Revenue
Net income
(USD) | Sep 2024info | Y/Y change |
---|---|---|
Revenue | 1.59B | 24.15% |
Operating expense | 514.12M | 12.21% |
Net income | 399.11M | 55.15% |
Net profit margin | 25.16 | 24.93% |
Earnings per share | 1.99 | 41.13% |
EBITDA | 481.73M | 52.93% |
Effective tax rate | 17.92% | — |
Balance Sheet
Total assets
Total liabilities
(USD) | Sep 2024info | Y/Y change |
---|---|---|
Cash and short-term investments | 2.42B | 42.94% |
Total assets | 9.35B | 17.36% |
Total liabilities | 1.84B | 13.95% |
Total equity | 7.51B | — |
Shares outstanding | 192.02M | — |
Price to book | 5.52 | — |
Return on assets | 12.00% | — |
Return on capital | 14.79% | — |
Cash Flow
Net change in cash
(USD) | Sep 2024info | Y/Y change |
---|---|---|
Net income | 399.11M | 55.15% |
Cash from operations | 257.96M | -27.83% |
Cash from investing | -47.61M | 75.90% |
Cash from financing | -163.74M | -9.84% |
Net change in cash | 71.90M | 2,787.96% |
Free cash flow | -81.79M | -652.56% |
About
Garmin Ltd. is an American multinational technology company based in Olathe, Kansas. The company designs, develops, manufactures, markets, and distributes GPS-enabled products and other navigation, communication, sensor-based, and information products to the automotive, aviation, marine, outdoors, and sport markets.
Garmin was founded in 1989 by Gary Burrell and Min Kao in Lenexa, Kansas. In 1996, the company established corporate headquarters in Olathe, Kansas. Since 2010, the company has been legally incorporated in Schaffhausen, Switzerland, with principal subsidiaries located in the United States, Taiwan, and the United Kingdom.
As of 2023, the company has over 20,000 employees in 34 countries with an operating income of 5.23 billion USD. Garmin was initially associated with personal in-car navigation devices, but now offers several product lines across different markets, with an emphasis on smartwatch technology. In 2022, Garmin smartwatches represented the largest market share of the premium smartwatch market, leading to it having the fifth largest share of overall smartwatches sold and the third by revenue. Wikipedia
Founded
Oct 1989
Headquarters
Website
Employees
19,900