Garmin Ltd.
NYSE:GRMN
210.34 (USD) • At close November 7, 2024
Overview | Financials
Numbers are in millions (except for per share data and ratios) USD.
| 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | 2006 | 2005 | 2004 | 2003 | 2002 | 2001 | 2000 | 1999 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Assets: | |||||||||||||||||||||||||
| Current Assets: | |||||||||||||||||||||||||
| Cash & Cash Equivalents
| 1,693.452 | 1,279.194 | 1,498.058 | 1,458.442 | 1,027.567 | 1,201.732 | 891.488 | 846.883 | 833.07 | 1,196.268 | 1,179.149 | 1,231.18 | 1,287.16 | 1,260.936 | 1,091.581 | 696.335 | 707.689 | 337.321 | 334.352 | 249.909 | 274.329 | 216.768 | 192.842 | 251.731 | 104.079 |
| Short Term Investments
| 274.618 | 173.288 | 347.98 | 387.642 | 376.463 | 182.989 | 161.687 | 266.952 | 215.161 | 167.989 | 149.862 | 153.083 | 124.639 | 24.418 | 19.583 | 12.886 | 37.551 | 73.033 | 32.05 | 64.367 | 53.127 | 113.336 | 40.835 | 0 | 0 |
| Cash and Short Term Investments
| 1,968.07 | 1,452.482 | 1,846.038 | 1,846.084 | 1,404.03 | 1,384.721 | 1,053.175 | 1,113.835 | 1,048.231 | 1,364.257 | 1,329.011 | 1,384.263 | 1,411.799 | 1,285.354 | 1,111.164 | 709.221 | 745.24 | 410.354 | 366.402 | 314.276 | 327.456 | 330.104 | 233.677 | 251.731 | 104.079 |
| Net Receivables
| 815.243 | 656.847 | 843.445 | 849.469 | 706.763 | 569.833 | 590.882 | 527.062 | 531.481 | 570.191 | 701.965 | 603.673 | 607.45 | 747.249 | 874.11 | 741.321 | 952.513 | 403.524 | 170.997 | 110.119 | 82.718 | 58.278 | 47.998 | 32.719 | 35.908 |
| Inventory
| 1,345.955 | 1,515.045 | 1,227.609 | 762.084 | 752.908 | 561.84 | 517.644 | 484.821 | 500.554 | 420.475 | 382.226 | 389.931 | 397.741 | 387.577 | 309.938 | 425.312 | 505.467 | 271.008 | 199.841 | 154.98 | 96.794 | 57.507 | 61.132 | 89.855 | 51.248 |
| Other Current Assets
| 318.556 | 315.915 | 328.719 | 191.569 | 169.044 | 120.512 | 153.912 | 89.903 | 81.645 | 48.615 | 55.243 | 35.52 | 152.78 | 78.575 | 98.659 | 108.571 | 129.555 | 84.198 | 63.927 | 57.596 | 32.96 | 19.337 | 16.9 | 13.716 | 6.747 |
| Total Current Assets
| 4,464.14 | 3,955.151 | 4,261.772 | 3,669.351 | 3,057.85 | 2,665.368 | 2,363.925 | 2,263.016 | 2,211.087 | 2,510.976 | 2,595.636 | 2,536.12 | 2,569.77 | 2,498.755 | 2,393.871 | 1,984.425 | 2,332.775 | 1,169.084 | 801.167 | 636.971 | 539.928 | 465.226 | 352.735 | 388.021 | 197.982 |
| Non-Current Assets: | |||||||||||||||||||||||||
| Property, Plant & Equipment, Net
| 1,367.821 | 1,285.045 | 1,156.935 | 950.165 | 792.51 | 663.527 | 595.684 | 482.878 | 446.089 | 430.887 | 414.848 | 409.751 | 417.105 | 427.805 | 441.338 | 445.252 | 374.147 | 250.988 | 179.173 | 171.63 | 104.784 | 74.44 | 70.086 | 64.704 | 55.851 |
| Goodwill
| 608.474 | 567.994 | 575.08 | 584.21 | 467.108 | 301.017 | 286.982 | 224.553 | 187.791 | 178.638 | 179.29 | 176.059 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Intangible Assets
| 186.601 | 178.461 | 215.993 | 244.356 | 192.521 | 116.063 | 122.819 | 80.449 | 57.761 | 39.445 | 40.204 | 56.538 | 252.163 | 185.152 | 221.656 | 230.954 | 196.03 | 67.58 | 35.866 | 49.485 | 42.311 | 24.479 | 16.985 | 4.774 | 0 |
| Goodwill and Intangible Assets
| 795.075 | 746.455 | 791.073 | 828.566 | 659.629 | 417.08 | 409.801 | 305.002 | 245.552 | 218.083 | 219.494 | 232.597 | 252.163 | 185.152 | 221.656 | 230.954 | 196.03 | 67.58 | 35.866 | 49.485 | 42.311 | 24.479 | 16.985 | 4.774 | 0 |
| Long Term Investments
| 1,125.191 | 1,208.36 | 1,268.698 | 1,131.175 | 1,205.475 | 1,330.123 | 1,260.033 | 1,213.285 | 1,343.387 | 1,407.344 | 1,502.106 | 1,488.312 | 1,083.516 | 777.401 | 748.511 | 262.009 | -107.376 | -55.996 | -29.615 | -38.527 | 0 | 0 | 90.7 | 0 | 0 |
| Tax Assets
| 754.635 | 441.071 | 260.205 | 245.455 | 268.518 | 176.959 | 199.343 | 110.293 | 116.518 | 67.712 | 88.324 | 93.92 | 107.19 | 73.613 | 20.498 | 49.825 | 107.376 | 55.996 | 29.615 | 38.527 | 0 | 0 | 1.1 | 0 | 0 |
| Other Non-Current Assets
| 96.707 | 95.088 | 115.744 | 206.661 | 182.817 | 129.801 | 181.474 | 150.659 | 136.758 | 58.301 | 59.195 | 58.424 | 41.594 | 25.962 | 0 | -47.884 | 388.508 | 409.368 | 346.029 | 259.305 | 169.922 | 133.97 | 0.549 | 5.848 | 0.812 |
| Total Non-Current Assets
| 4,139.429 | 3,776.019 | 3,592.655 | 3,362.022 | 3,108.949 | 2,717.49 | 2,646.335 | 2,262.117 | 2,288.304 | 2,182.327 | 2,283.967 | 2,283.004 | 1,901.568 | 1,489.933 | 1,432.003 | 940.156 | 958.685 | 727.936 | 561.068 | 480.42 | 317.017 | 232.889 | 179.42 | 75.326 | 56.663 |
| Total Assets
| 8,603.569 | 7,731.17 | 7,854.427 | 7,031.373 | 6,166.799 | 5,382.858 | 5,010.26 | 4,525.133 | 4,499.391 | 4,693.303 | 4,879.603 | 4,819.124 | 4,471.338 | 3,988.688 | 3,825.874 | 2,924.581 | 3,291.46 | 1,897.02 | 1,362.235 | 1,117.391 | 856.945 | 698.115 | 532.155 | 463.347 | 254.645 |
| Liabilities & Equity: | |||||||||||||||||||||||||
| Current Liabilities: | |||||||||||||||||||||||||
| Account Payables
| 253.79 | 212.417 | 370.048 | 258.885 | 240.831 | 204.985 | 169.64 | 172.404 | 178.905 | 149.094 | 146.582 | 131.263 | 164.01 | 132.348 | 203.388 | 160.094 | 341.053 | 88.375 | 76.516 | 53.673 | 40.671 | 32.446 | 18.837 | 22.496 | 15.402 |
| Short Term Debt
| 225.475 | 25.149 | 20.503 | 18.874 | 14.762 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 4.177 | 0.587 | 0.005 |
| Tax Payables
| 225.475 | 246.18 | 128.083 | 68.585 | 56.913 | 51.642 | 33.638 | 16.163 | 21.674 | 182.26 | 38.043 | 32.031 | 77.784 | 56.028 | 22.846 | 20.075 | 76.895 | 94.668 | 63.154 | 70.933 | 0 | 0 | 0 | 0 | 0 |
| Deferred Revenue
| 101.189 | 91.092 | 87.654 | 86.865 | 94.562 | 96.372 | 139.681 | 146.564 | 164.982 | 203.598 | 256.908 | 252.375 | 188.987 | 89.711 | 27.91 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 10.262 | 0 | 0 |
| Other Current Liabilities
| 730.233 | 882.977 | 969.943 | 799.593 | 685.778 | 619.956 | 519.335 | 463.767 | 522.111 | 680.569 | 501.814 | 525.388 | 505.282 | 446.978 | 452.37 | 319.082 | 460.83 | 249.307 | 118.969 | 122.594 | 63.763 | 40.959 | 15.752 | 18.958 | 16.834 |
| Total Current Liabilities
| 1,310.687 | 1,211.635 | 1,448.148 | 1,164.217 | 1,035.933 | 921.313 | 828.656 | 782.735 | 865.998 | 1,033.261 | 905.304 | 909.026 | 858.279 | 669.037 | 683.668 | 479.176 | 801.883 | 337.682 | 195.485 | 176.267 | 104.434 | 73.405 | 49.028 | 42.041 | 32.241 |
| Non-Current Liabilities: | |||||||||||||||||||||||||
| Long Term Debt
| 113.035 | 114.541 | 70.044 | 75.958 | 49.238 | 131.847 | 138.295 | 121.174 | 101.689 | 80.611 | 140.933 | 181.754 | 161.904 | 0 | 0 | 0 | 0 | 0.248 | 0 | 0 | 0 | 20 | 28.011 | 46.359 | 27.715 |
| Deferred Revenue Non-Current
| 36.148 | 35.702 | 41.618 | 49.934 | 67.329 | 76.566 | 163.84 | 140.407 | 128.731 | 135.13 | 171.012 | 193.047 | 188.132 | 108.076 | 38.574 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Deferred Tax Liabilities Non-Current
| 114.682 | 129.965 | 117.595 | 116.844 | 114.754 | 92.944 | 75.215 | 61.22 | 56.21 | 39.497 | 1.758 | 2.467 | 4.951 | 6.986 | 265.918 | 218.436 | 11.935 | 1.191 | 9.486 | 5.267 | 2.821 | 2.211 | 1.147 | 9.616 | 0 |
| Other Non-Current Liabilities
| 16.957 | 34.987 | 62.863 | 108.304 | 106.049 | -2.786 | 1.788 | 1.594 | 1.637 | 1.437 | 0.89 | 1.034 | 1.491 | 155.027 | 1.267 | 1.115 | 127.028 | 0 | 0 | 0 | 0 | 0 | 0 | 0.092 | 0.09 |
| Total Non-Current Liabilities
| 280.822 | 315.195 | 292.12 | 351.04 | 337.37 | 298.571 | 379.138 | 324.395 | 288.267 | 256.675 | 314.593 | 378.302 | 356.478 | 270.089 | 305.759 | 219.551 | 138.963 | 1.439 | 9.486 | 5.267 | 2.821 | 22.211 | 29.158 | 56.067 | 27.805 |
| Total Liabilities
| 1,591.509 | 1,526.83 | 1,740.268 | 1,515.257 | 1,373.303 | 1,219.884 | 1,207.794 | 1,107.13 | 1,154.265 | 1,289.936 | 1,219.897 | 1,287.328 | 1,214.757 | 939.126 | 989.427 | 698.727 | 940.846 | 339.121 | 204.971 | 181.534 | 107.255 | 95.616 | 78.186 | 98.108 | 60.046 |
| Equity: | |||||||||||||||||||||||||
| Preferred Stock
| 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Common Stock
| 19.588 | 17.979 | 17.979 | 17.979 | 17.979 | 17.979 | 17.979 | 17.979 | 1,797.435 | 1,797.435 | 1,797.435 | 1,797.435 | 1,797.435 | 1,797.435 | 1.001 | 1.002 | 1.086 | 1.082 | 1.081 | 1.084 | 1.082 | 1.08 | 1.078 | 1.082 | 1 |
| Retained Earnings
| 5,263.528 | 4,733.517 | 4,320.737 | 3,754.372 | 3,229.061 | 2,710.619 | 2,368.874 | 2,056.702 | 1,930.517 | 1,859.972 | 1,865.587 | 1,604.625 | 1,413.582 | 1,264.613 | 2,816.607 | 2,262.503 | 2,171.134 | 1,478.655 | 1,072.454 | 815.209 | 663.604 | 507.884 | 365.087 | 253.14 | 176.431 |
| Accumulated Other Comprehensive Income/Loss
| -65.614 | -114.533 | 117.835 | 183.427 | 55.874 | 8.43 | 56.045 | -36.761 | -30.428 | 2.571 | 38.041 | 138.554 | 87.193 | 56.004 | -13.382 | -37.651 | 46.13 | -5.275 | -12.513 | 10.615 | -20.268 | -35.896 | -39.327 | -22.908 | -12.425 |
| Other Total Stockholders Equity
| 1,794.558 | 1,567.377 | 1,657.608 | 1,560.338 | 1,490.582 | 1,425.946 | 1,359.568 | 1,380.083 | -352.398 | -256.611 | -41.357 | -8.818 | -41.629 | -68.49 | 32.221 | 0 | 132.264 | 83.437 | 96.242 | 108.949 | 105.272 | 129.431 | 127.131 | 133.925 | 29.593 |
| Total Shareholders Equity
| 7,012.06 | 6,204.34 | 6,114.159 | 5,516.116 | 4,793.496 | 4,162.974 | 3,802.466 | 3,418.003 | 3,345.126 | 3,403.367 | 3,659.706 | 3,531.796 | 3,256.581 | 3,049.562 | 2,836.447 | 2,225.854 | 2,350.614 | 1,557.899 | 1,157.264 | 935.857 | 749.69 | 602.499 | 453.969 | 365.239 | 194.599 |
| Total Equity
| 7,012.06 | 6,204.34 | 6,114.159 | 5,516.116 | 4,793.496 | 4,162.974 | 3,802.466 | 3,418.003 | 3,345.126 | 3,403.367 | 3,659.706 | 3,531.796 | 3,256.581 | 3,049.562 | 2,836.447 | 2,225.854 | 2,350.614 | 1,557.899 | 1,157.264 | 935.857 | 749.69 | 602.499 | 453.969 | 365.239 | 194.599 |
| Total Liabilities & Shareholders Equity
| 8,603.569 | 7,731.17 | 7,854.427 | 7,031.373 | 6,166.799 | 5,382.858 | 5,010.26 | 4,525.133 | 4,499.391 | 4,693.303 | 4,879.603 | 4,819.124 | 4,471.338 | 3,988.688 | 3,825.874 | 2,924.581 | 3,291.46 | 1,897.02 | 1,362.235 | 1,117.391 | 856.945 | 698.115 | 532.155 | 463.347 | 254.645 |