Garmin Ltd.
NYSE:GRMN
172.68 (USD) • At close September 13, 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue
| 5,228.252 | 4,860.286 | 4,982.795 | 4,186.573 | 3,757.505 | 3,347.444 | 3,087.004 | 3,018.665 | 2,820.27 | 2,870.658 | 2,631.851 | 2,715.675 | 2,758.569 | 2,689.911 | 2,946.44 | 3,494.077 | 3,180.319 | 1,774 | 1,027.773 | 762.549 | 572.989 | 465.144 | 369.119 | 345.741 | 232.586 |
| Cost of Revenue
| 2,223.297 | 2,053.511 | 2,092.336 | 1,705.237 | 1,523.529 | 1,367.725 | 1,303.84 | 1,339.095 | 1,281.566 | 1,266.246 | 1,224.551 | 1,277.195 | 1,419.977 | 1,343.537 | 1,502.329 | 1,940.562 | 1,717.064 | 891.614 | 492.703 | 351.31 | 242.448 | 210.088 | 170.96 | 154.446 | 100.082 |
| Gross Profit
| 3,004.955 | 2,806.775 | 2,890.459 | 2,481.336 | 2,233.976 | 1,979.719 | 1,783.164 | 1,679.57 | 1,538.704 | 1,604.412 | 1,407.3 | 1,438.48 | 1,338.592 | 1,346.374 | 1,444.111 | 1,553.515 | 1,463.255 | 882.386 | 535.07 | 411.239 | 330.541 | 255.056 | 198.159 | 191.295 | 132.504 |
| Gross Profit Ratio
| 0.575 | 0.577 | 0.58 | 0.593 | 0.595 | 0.591 | 0.578 | 0.556 | 0.546 | 0.559 | 0.535 | 0.53 | 0.485 | 0.501 | 0.49 | 0.445 | 0.46 | 0.497 | 0.521 | 0.539 | 0.577 | 0.548 | 0.537 | 0.553 | 0.57 |
| Reseach & Development Expenses
| 904.696 | 834.927 | 840.024 | 705.685 | 605.366 | 567.805 | 511.634 | 467.96 | 427.043 | 395.121 | 364.923 | 325.773 | 298.584 | 277.261 | 238.378 | 206.109 | 159.406 | 113.314 | 74.879 | 78.991 | 43.706 | 32.163 | 28.164 | 21.764 | 17.339 |
| General & Administrative Expenses
| 834.99 | 775.963 | 659.986 | 570.245 | 518.568 | 478.177 | 437.977 | 410.558 | 394.914 | 372.032 | 355.44 | 369.79 | 341.217 | 287.824 | 264.202 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Selling & Marketing Expenses
| 173.109 | 168.04 | 171.829 | 151.166 | 164.456 | 155.394 | 164.693 | 177.143 | 167.166 | 146.633 | 112.905 | 138.757 | 145.024 | 144.613 | 155.521 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| SG&A
| 1,008.099 | 944.003 | 831.815 | 721.411 | 683.024 | 633.571 | 602.67 | 587.701 | 562.08 | 518.665 | 468.345 | 508.547 | 486.241 | 432.437 | 419.723 | 485.389 | 396.498 | 214.513 | 122.021 | 61.58 | 59.835 | 45.453 | 38.709 | 32.669 | 27.063 |
| Other Expenses
| 4.46 | 7.577 | 4.866 | 9.343 | 5.618 | 5.373 | -0.912 | 4.006 | 11.418 | 1.834 | 8.717 | 5.282 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 7.569 | 5.572 |
| Operating Expenses
| 1,912.795 | 1,778.93 | 1,671.839 | 1,427.096 | 1,288.39 | 1,201.376 | 1,114.304 | 1,055.661 | 989.123 | 913.786 | 833.268 | 834.32 | 784.825 | 709.698 | 658.101 | 691.498 | 555.904 | 327.827 | 196.9 | 140.571 | 103.541 | 77.616 | 66.873 | 62.002 | 49.974 |
| Operating Income
| 1,092.16 | 1,027.845 | 1,218.62 | 1,054.24 | 945.586 | 778.343 | 668.86 | 623.909 | 549.581 | 690.626 | 574.032 | 604.16 | 553.767 | 636.676 | 786.01 | 862.017 | 907.351 | 554.559 | 338.17 | 270.668 | 227 | 177.44 | 131.286 | 129.293 | 82.53 |
| Operating Income Ratio
| 0.209 | 0.211 | 0.245 | 0.252 | 0.252 | 0.233 | 0.217 | 0.207 | 0.195 | 0.241 | 0.218 | 0.222 | 0.201 | 0.237 | 0.267 | 0.247 | 0.285 | 0.313 | 0.329 | 0.355 | 0.396 | 0.381 | 0.356 | 0.374 | 0.355 |
| Total Other Income Expenses Net
| 30.894 | 37.129 | -11.824 | 49.17 | 41.636 | -2.243 | -23.491 | -27.645 | -12.047 | -2.465 | 44.255 | -14.74 | -2.418 | -83.137 | 2.741 | 16.814 | 29.134 | 4.139 | 14.892 | -24.838 | -7.996 | 0.157 | 11.759 | 6.991 | -2.148 |
| Income Before Tax
| 1,200.356 | 1,064.974 | 1,206.796 | 1,103.41 | 987.222 | 823.247 | 682.294 | 629.67 | 567.187 | 723.745 | 653.558 | 624.528 | 584.161 | 577.272 | 808.651 | 914.366 | 978.273 | 594.554 | 372.6 | 255.211 | 225.943 | 182.735 | 152.034 | 140.922 | 84.132 |
| Income Before Tax Ratio
| 0.23 | 0.219 | 0.242 | 0.264 | 0.263 | 0.246 | 0.221 | 0.209 | 0.201 | 0.252 | 0.248 | 0.23 | 0.212 | 0.215 | 0.274 | 0.262 | 0.308 | 0.335 | 0.363 | 0.335 | 0.394 | 0.393 | 0.412 | 0.408 | 0.362 |
| Income Tax Expense
| -89.28 | 91.389 | 124.596 | 111.086 | 34.736 | 129.167 | -12.661 | 118.856 | 110.96 | 359.534 | 41.146 | 82.125 | 63.265 | -7.331 | 104.701 | 181.518 | 123.262 | 80.431 | 61.381 | 49.511 | 47.309 | 39.937 | 38.587 | 35.259 | 19.965 |
| Net Income
| 1,289.636 | 973.585 | 1,082.2 | 992.324 | 952.486 | 694.08 | 694.955 | 510.814 | 456.227 | 364.211 | 612.412 | 542.403 | 520.896 | 584.603 | 703.95 | 732.848 | 855.011 | 514.123 | 311.219 | 205.7 | 178.634 | 142.798 | 113.448 | 105.663 | 64.167 |
| Net Income Ratio
| 0.247 | 0.2 | 0.217 | 0.237 | 0.253 | 0.207 | 0.225 | 0.169 | 0.162 | 0.127 | 0.233 | 0.2 | 0.189 | 0.217 | 0.239 | 0.21 | 0.269 | 0.29 | 0.303 | 0.27 | 0.312 | 0.307 | 0.307 | 0.306 | 0.276 |
| EPS
| 6.74 | 5.06 | 5.63 | 5.19 | 5.01 | 3.68 | 3.7 | 2.71 | 2.39 | 1.89 | 3.13 | 2.78 | 2.68 | 2.97 | 3.51 | 3.51 | 3.95 | 2.38 | 1.44 | 0.95 | 0.83 | 0.66 | 0.53 | 0.53 | 0.32 |
| EPS Diluted
| 6.71 | 5.04 | 5.61 | 5.17 | 4.99 | 3.66 | 3.68 | 2.7 | 2.39 | 1.88 | 3.12 | 2.76 | 2.67 | 2.95 | 3.5 | 3.48 | 3.89 | 2.35 | 1.43 | 0.95 | 0.82 | 0.66 | 0.53 | 0.53 | 0.32 |
| EBITDA
| 1,243.298 | 1,202.972 | 1,418.701 | 1,178.13 | 1,068.56 | 882.153 | 777.691 | 741.9 | 651.406 | 771.94 | 617.298 | 714.649 | 650.72 | 756.306 | 879.755 | 923.62 | 942.254 | 594.895 | 366.874 | 330.105 | 255.1 | 193.414 | 130.395 | 129.871 | 90.25 |
| EBITDA Ratio
| 0.238 | 0.248 | 0.285 | 0.281 | 0.284 | 0.264 | 0.252 | 0.246 | 0.231 | 0.269 | 0.235 | 0.263 | 0.236 | 0.281 | 0.299 | 0.264 | 0.296 | 0.335 | 0.357 | 0.433 | 0.445 | 0.416 | 0.353 | 0.376 | 0.388 |