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Garmin stock

GRMN
CH0114405324
A1C06B

Price

215.85
Today +/-
-1.15
Today %
-0.55 %

Garmin stock price

%
Weekly
Details

Price

ⓘ

Overview

The Quote Chart provides detailed and dynamic insights into the Garmin stock's performance, showcasing daily, weekly, or monthly aggregated quotes. Users can switch between different time frames to analyze the stock's progression meticulously and make informed investment decisions.

Intraday Feature

The intraday feature provides real-time data, allowing investors to view the Garmin stock’s price fluctuations within the trading day, facilitating timely and strategic investment decisions.

Total Return and Relative Price Change

View the total return of the Garmin stock to gauge its profitability over time. The relative price change, based on the first quote available in the selected timeframe, offers insights into the stock’s performance, assisting in evaluating its investment potential.

Interpretation and Investment

Utilize the comprehensive data presented in the Quote Chart to analyze Garmin's market trends, price movements, and potential returns. Make informed investment choices by comparing different time frames and evaluating intraday data for optimized portfolio management.

Garmin Stock Price History

DateGarmin Price
1/31/2025215.85 undefined
1/30/2025217.04 undefined
1/29/2025214.34 undefined
1/28/2025217.78 undefined
1/27/2025214.91 undefined
1/24/2025214.23 undefined
1/23/2025215.58 undefined
1/22/2025216.20 undefined
1/21/2025217.82 undefined
1/17/2025215.70 undefined
1/16/2025214.56 undefined
1/15/2025213.45 undefined
1/14/2025212.27 undefined
1/13/2025208.44 undefined
1/10/2025209.16 undefined
1/8/2025211.39 undefined
1/7/2025208.55 undefined
1/6/2025207.83 undefined
1/3/2025207.15 undefined

Garmin Revenue, EBIT, Net Income

  • 3 years

  • 5 years

  • 10 years

  • 25 Years

  • Max

Revenue
EBIT
Net Income
Details

Revenue, EBIT and Profit

ⓘ

Understanding Revenue, EBIT, and Income

Gain insights into Garmin, a comprehensive overview of its financial performance can be obtained by analyzing the Revenue, EBIT, and Income chart. Revenue represents the total income generated by Garmin from its primary operations, showcasing the company’s ability to attract and retain clients. EBIT, or Earnings Before Interest and Taxes, indicates the company’s operational profitability, free from the influence of tax and interest expenses. The Income section reflects Garmin’s net earnings, an ultimate measure of its financial health and profitability.

Yearly Analysis and Comparisons

Observe the yearly bars to understand the annual performance and growth of Garmin. Compare the Revenue, EBIT, and Income to evaluate the company’s efficiency and profitability. A higher EBIT compared to the previous year suggests an improvement in operational efficiency. Likewise, an increase in Income indicates enhanced overall profitability. Analyzing the year-to-year comparison assists investors in understanding the company’s growth trajectory and operational efficiency.

Utilizing Expectations for Investment

The expected values for the forthcoming years offer investors a glimpse into Garmin’s anticipated financial performance. Analyzing these projections alongside historical data aids in making informed investment decisions. Investors can gauge the potential risks and returns, aligning their investment strategies accordingly to optimize profitability and mitigate risks.

Investment Insights

Leveraging the comparison between Revenue and EBIT helps in assessing Garmin’s operational efficiency, while the Revenue and Income comparison reveals the net profitability after accounting for all expenses. Investors can derive valuable insights by meticulously analyzing these financial parameters, laying the foundation for strategic investment decisions aimed at capitalizing on Garmin’s growth potential.

Garmin Revenue, EBIT and net profit per share

DateGarmin RevenueGarmin EBITGarmin Net Income
2028e8.82 B undefined2.36 B undefined2.01 B undefined
2027e8.19 B undefined2.17 B undefined1.86 B undefined
2026e7.4 B undefined1.88 B undefined1.6 B undefined
2025e6.84 B undefined1.67 B undefined1.51 B undefined
2024e6.28 B undefined1.53 B undefined1.37 B undefined
20235.23 B undefined1.09 B undefined1.29 B undefined
20224.86 B undefined1.03 B undefined973.6 M undefined
20214.98 B undefined1.22 B undefined1.08 B undefined
20204.19 B undefined1.05 B undefined992.3 M undefined
20193.76 B undefined945.6 M undefined952.5 M undefined
20183.35 B undefined778.3 M undefined694.1 M undefined
20173.12 B undefined683.6 M undefined709 M undefined
20163.05 B undefined632.9 M undefined517.7 M undefined
20152.82 B undefined549.6 M undefined456.2 M undefined
20142.87 B undefined690.6 M undefined364.2 M undefined
20132.63 B undefined574 M undefined612.4 M undefined
20122.72 B undefined604.2 M undefined542.4 M undefined
20112.76 B undefined553.8 M undefined520.9 M undefined
20102.69 B undefined636.7 M undefined584.6 M undefined
20092.95 B undefined786 M undefined704 M undefined
20083.49 B undefined862 M undefined732.8 M undefined
20073.18 B undefined907.4 M undefined855 M undefined
20061.77 B undefined554.6 M undefined514.1 M undefined
20051.03 B undefined338.2 M undefined311.2 M undefined
2004762.5 M undefined270.7 M undefined205.7 M undefined

Garmin Income Statement, Balance Sheet, Cash Flow Statement

  • Simple

  • Expanded

  • Income Statement

  • Balance Sheet

  • Cashflow

 
REVENUE (B)REVENUE GROWTH (%)GROSS MARGIN (%)GROSS INCOME (B)NET INCOME (B)NET INCOME GROWTH (%)DIV. ()DIV. GROWTH (%)SHARES (M)DOCUMENTS
199519961997199819992000200120022003200420052006200720082009201020112012201320142015201620172018201920202021202220232024e2025e2026e2027e2028e
0.10.140.160.170.230.350.370.470.570.761.031.773.183.492.952.692.762.722.632.872.823.053.123.353.764.194.984.865.236.286.847.48.198.82
-32.3518.525.6337.2848.716.9626.0223.2332.9834.7872.7479.269.87-15.68-8.722.57-1.56-3.099.08-1.747.982.507.2412.2511.4219.02-2.457.5720.088.878.2410.757.70
46.0842.9641.2550.8954.3153.0453.6654.8457.5953.9452.0949.7246.0144.4549.0250.0648.5152.9753.4855.8954.5455.4457.5859.1359.4659.2758.0157.7457.4647.8543.9540.6136.6734.04
0.050.060.070.090.130.180.20.260.330.410.540.881.461.551.441.351.341.441.411.61.541.691.81.982.232.482.892.81300000
0.020.020.040.040.060.110.110.140.180.210.310.510.860.730.70.580.520.540.610.360.460.520.710.690.950.991.080.971.291.371.511.61.862.01
--56.52-2.7882.8664.067.6225.6625.3515.1751.7165.2766.34-14.39-3.83-17.05-10.964.2312.92-40.5225.2713.3837.14-2.1237.184.209.07-10.0732.486.1310.096.5115.718.46
----------------------------------
----------------------------------
176176176199.2200201216.9216.4217.8218.1218.2218.8219.9210.7201.2198194.9196.2196.3194.2191.1189.3188.7189.7190.9191.9193193192.0600000
----------------------------------
Details

Keystats

ⓘ

Revenue and Growth

The Garmin Revenue and Revenue Growth are pivotal to understanding the company's financial health and operational efficiency. A consistent increase in revenue indicates a company’s ability to effectively market and sell its products or services, while the revenue growth percentage offers insights into the pace at which the company is expanding over the years.

Gross Margin

The Gross Margin is a crucial metric that showcases the percentage of revenue exceeding the cost of goods sold (COGS). A higher gross margin is indicative of a company’s efficiency in controlling its production costs, thereby promising potential profitability and financial stability.

EBIT and EBIT Margin

EBIT (Earnings Before Interest and Taxes) and EBIT Margin offer deep insights into a company’s profitability, excluding the impacts of interest and taxes. Investors often assess these metrics to gauge the operational efficiency and inherent profitability of a business, separate from its financial structure and tax environment.

Income and Growth

Net Income and its subsequent growth are quintessential for investors looking to understand a company’s profitability. Consistent income growth underscores a company’s ability to enhance its profitability over time, reflecting operational efficiency, strategic competitiveness, and financial health.

Shares Outstanding

Shares outstanding refer to the total number of shares a company has issued. It's instrumental in calculating key metrics like Earnings Per Share (EPS) which is pivotal for investors to evaluate a company’s profitability on a per-share basis, offering a more granular view of financial health and valuation.

Interpreting Year to Year Comparison

Comparing yearly data allows investors to identify trends, assess the company’s growth, and anticipate potential future performance. Analyzing how metrics like revenue, income, and margins change year over year can provide valuable insights into the company’s operational efficiency, competitiveness, and overall financial health.

Expectations and Predictions

Investors often juxtapose the current and past financial data with the market’s expectations. This comparison aids in assessing whether the Garmin is performing as anticipated, underperforming or outperforming the market predictions, providing pivotal data for investment decisions.

 
ASSETSCASH BALANCE (B)RECEIVABLES (M)OTHER REC. (M)INVENTORIES (B)OTHER CURRENT LIAB. (M)CURRENT ASSETS (B)TANGIBLE ASSETS (B)LONG-T. INVEST. (B)LONG-T. REC. (M)INTANGIBLE ASSETS (M)GOODWILL (M)OTHER NON-CURRENT ASSETS (M)NON-CURRENT ASSETS (B)TOTAL ASSETS (B)LIABILITIESCOMMON STOCK (B)ADDITIONAL PAID-IN CAPITAL (B)RETAINED EARNINGS (B)OTHER EQUITY (M)UNREAL. GAINS/LOSSES (M)EQUITY (B)LIABILITIES (M)PROVISIONS (M)OTHER SHORT-TERM LIAB. (M)SHORT-TERM DEBTS (k)LONG-TERM DEBT PORTION (M)SHORT-TERM REC. (B)LONG-T. LIAB. (M)DEFERRED TAXES (M)OTHER LIAB. (M)LONG-T. LIABILITIES (M)DEBT (B)TOTAL CAPITAL (B)
19981999200020012002200320042005200620072008200920102011201220132014201520162017201820192020202120222023
                                                   
0.080.10.250.230.330.330.310.370.410.750.711.111.291.41.381.331.361.051.111.051.381.41.851.851.451.97
17.631.432.74858.382.7110.1171403.5952.5741.3874.1747.2607.5603.7564.6570.2531.5527.1590.9569.8706.8849.5854.4667.9826.96
000000000000000137.40000000000
0.040.050.090.060.060.10.160.20.270.510.430.310.390.40.390.380.420.50.480.520.560.750.761.231.521.35
7.36.813.716.727.132.957.663.984.2129.6108.5100.978.6152.8158.2182.4156130.8137.3184.4149194.1211.7333.7319.7323.16
0.150.190.390.360.470.540.640.81.172.331.982.42.52.562.542.62.512.212.262.352.673.063.674.263.964.46
0.030.060.060.070.070.10.170.180.250.370.450.440.430.420.410.410.430.450.480.60.660.790.951.161.291.37
0000.090.130.170.260.340.410.390.260.750.781.11.491.51.411.341.211.261.331.211.131.271.211.13
00000000000000000000000000
0.20.74.85.65.127.32729.364.3181.4214.984.646.867.256.540.239.457.880.4122.8116.1192.5244.4216178.5186.6
00000000000129.1136.5179.5176.1179.3178.6187.8224.6287301467.1584.2575.1568608.47
0.20.15.8132116.6247.94.816.227.830.5101.4154.3152.3147.5126253.3261336.6306.8451.3452.1375.9536.2851.34
0.030.060.080.180.230.320.480.560.730.960.951.431.491.922.282.282.182.292.262.62.723.113.363.593.784.14
0.170.250.460.540.710.861.121.361.93.292.933.833.994.474.824.884.694.54.534.955.386.177.037.857.738.6
                                                   
0000000000001.81.81.81.81.81.80.020.020.020.020.020.020.020.02
0.020.030.130.130.130.10.110.10.080.1300.030.040.060.070.080.070.061.841.831.821.841.881.962.042.13
0.130.180.250.370.510.660.821.071.482.172.262.821.261.411.61.871.861.932.062.422.713.233.754.324.735.26
-14.4-12.4-22.9-39.3-35.9-1910.6-12.5-5.346.1-37.7-13.45687.2138.685.420.9-14.1-9.479.347.355.3163123.4-26-11.51
000000000000000-47.3-18.3-16.3-27.4-22.9-38.90.620.5-5.6-88.6-54.11
0.140.190.370.450.60.750.941.161.562.352.232.843.163.363.613.783.733.763.874.324.565.145.846.426.687.34
9.315.422.518.832.440.753.776.588.4341.1160.1203.4132.3164131.3146.6149.1178.9172.4169.6205240.8258.9370212.4253.79
8.612.313.213.622.924.851.755.8154.6383.9298.3429.5386.2343.9317.1287.1295.3307.4351.4389.7367.8426.4516.2604.3522.2590.24
11013.719.325.938.970.963.294.776.920.853150.5350.4460.7471.6588.9379.6258.9232.8348.5368.7389.1473.8477466.66
4000000000000000000000000000
000.64.20000000000000000000000
0.030.030.050.060.080.10.180.20.340.80.480.690.670.860.910.911.030.870.780.790.921.041.161.451.211.31
9.327.746.428200000.200000000000000000
001.71.12.22.85.39.51.211.913.910.2752.51.839.556.261.276.692.9114.8116.8117.6130114.68
00.10.1000000127215.5295.6263.1351.5375.8312.8217.2232.1263.2227.1205.6222.6234.2174.5185.2166.14
9.327.848.229.122.22.85.39.51.4138.9229.4305.8270.1356.5378.3314.6256.7288.3324.4303.7298.5337.4351292.1315.2280.82
0.040.060.10.090.10.110.180.210.340.940.710.990.941.211.291.221.291.151.111.11.221.371.521.741.531.59
0.170.250.460.540.710.861.121.361.93.292.933.834.14.574.955.024.914.985.425.786.517.358.168.218.93
Details

Balance Sheet

ⓘ

Understanding the Balance Sheet

The balance sheet of Garmin provides a detailed financial snapshot, revealing the company's assets, liabilities, and equity at a specific point in time. Analyzing these components is crucial for investors looking to understand Garmin's financial health and stability.

Assets

Garmin's assets represent everything the company owns or controls that has monetary value. These are categorized into current and non-current assets, offering insights into the company's liquidity and long-term investments.

Liabilities

Liabilities are obligations that Garmin must settle in the future. Analyzing the ratio of liabilities to assets provides insights into the company's financial leverage and risk exposure.

Equity

Equity refers to the residual interest in the assets of Garmin after deducting liabilities. It represents the owners’ claim on the company’s assets and earnings.

Year-to-Year Analysis

Comparing balance sheet figures year-to-year allows investors to identify trends, growth patterns, and potential financial risks, facilitating informed investment decisions.

Interpreting the Data

Detailed analysis of assets, liabilities, and equity can provide investors with comprehensive insights into Garmin's financial standing, aiding in investment evaluations and risk assessments.

 
NET INCOME (B)DEPRECIATION (M)DEFERRED TAXES (M)CHANGES IN WORKING CAPITAL (M)NON-CASH ITEM (M)PAID INTEREST (M)PAID TAXES (M)NET CASH FLOW FROM OPERATING ACTIVITIES (B)CAPITAL EXPENDITURES (M)CASH FLOW FROM INVESTING ACTIVITIES (M)CASH FLOW FROM OTHER INVESTING ACTIVITIES (M)INTEREST INCOME AND EXPENSES (M)NET DEBT CHANGE (M)NET CHANGE IN EQUITY (M)CASH FLOW FROM FINANCING ACTIVITIES (M)CASH FLOW FROM OTHER FINANCING ACTIVITIES (M)TOTAL DIVIDENDS PAID (M)NET CHANGE IN CASH FLOW (M)FREE CASH FLOW (M)SHARE-BASED COMPENSATION (M)
199719981999200020012002200320042005200620072008200920102011201220132014201520162017201820192020202120222023
0.040.040.060.110.110.140.180.210.310.510.860.730.70.580.520.540.610.360.460.520.710.690.950.991.080.971.29
3457101620344344647896949490787778868696106126154163177
0-40-4-20-4-88-35-5750-250-42-3278953-9039-886-5-143-340
12-29-2881-38-50-118-193-234-60210-141782-67-58-34414-143-7-352-58-347-275173
007302172723277991511461101102074110124144153144148221146177
000221000000010000000000000
12152828384038275967551346643851277317525211510667160133-122184302
0.040.040.050.080.130.160.170.210.250.360.680.861.090.770.820.680.630.520.280.710.660.920.71.141.010.791.38
-2-8-32-29-27-12-33-79-30-96-159-126-56-36-45-45-57-78-84-96-151-160-120-187-309-246-195
-2-9-32-28-158-127-48-184-91-226-175-56-547-72-488-496-274131-112-121-194-307-450-260-475-145-332
0-100-130-115-15-104-60-130-1670-491-36-442-451-217209-27-25-42-147-330-73-165101-137
000000000000000000000000000
0-61720-14-12-2000000000000000000000
000104-8242-17-349-659-12-21604-59-239-119-81-65101-114-161-77
-3-121095-22-10-69-51-70-132-136-808-161-510-307-249-406-599-500-561-448-286-416-461-486-840-636
-3-6-70000009172143040-210000000
000-2900-54-54-54-107-162-150-149-298-310-253-351-360-378-481-383-296-417-450-491-679-558
271623147-582457-24842370-1139516926-55-5117-3631344310-17443140-218414
37.328.316.154.5102.3149.4140.1129216.3265.9522.4735.61,037.7734.5777639.5572.9444.6196609508.9759.1578.1947.8702.8542.11,181.24
000000000000000000000000000

Garmin stock margins

The Garmin margin analysis displays the gross margin, EBIT margin, as well as the profit margin of Garmin. The EBIT margin (EBIT/sales) indicates the percentage of sales that remains as operating profit. The profit margin shows the percentage of sales that remains for Garmin.

  • 3 years

  • 5 years

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  • 25 Years

  • Max

Gross margin
EBIT margin
Profit margin
Details

Margin

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Understanding Gross Margin

The gross margin, expressed as a percentage, delineates the gross profit made from the Garmin's sales revenue. A higher gross margin percentage indicates that the Garmin retains more revenue after accounting for the costs of goods sold. Investors use this metric to gauge financial health and operational efficiency, as well as to compare it with competitors and industry averages.

EBIT Margin Analysis

EBIT margin represents the Garmin's earnings before interest and taxes. Analyzing the EBIT margin over different years provides insights into the operational profitability and efficiency, excluding the effects of financial leverage and tax structure. A growing EBIT margin over the years signifies improving operational performance.

Revenue Margin Insights

The revenue margin demonstrates the Garmin's total revenue generated. When comparing the revenue margin year over year, investors can gauge the Garmin's growth and market expansion. It is essential to compare the revenue margin with the gross and EBIT margins to understand the cost and profit structures better.

Interpreting Expectations

The expected values for gross, EBIT, and revenue margins provide future financial outlook of the Garmin. Investors should compare these expectations with historical data to understand potential growth and risk factors. It is crucial to consider the underlying assumptions and methodologies used in projecting these expected values to make informed investment decisions.

Comparative Analysis

Comparing the gross, EBIT, and revenue margins, both yearly and over multiple years, enables investors to perform a comprehensive analysis of the Garmin's financial health and growth prospects. Evaluating the trends and patterns in these margins helps in identifying strengths, weaknesses, and potential investment opportunities.

Garmin Margin History

Garmin Gross marginGarmin Profit marginGarmin EBIT marginGarmin Profit margin
2028e57.48 %26.78 %22.82 %
2027e57.48 %26.5 %22.66 %
2026e57.48 %25.36 %21.68 %
2025e57.48 %24.42 %22.04 %
2024e57.48 %24.31 %21.8 %
202357.48 %20.89 %24.67 %
202257.75 %21.15 %20.03 %
202158.01 %24.46 %21.72 %
202059.27 %25.18 %23.7 %
201959.45 %25.17 %25.35 %
201859.14 %23.25 %20.74 %
201757.6 %21.9 %22.71 %
201655.44 %20.78 %17 %
201554.56 %19.49 %16.18 %
201455.89 %24.06 %12.69 %
201353.47 %21.81 %23.27 %
201252.97 %22.25 %19.97 %
201148.52 %20.08 %18.88 %
201050.05 %23.67 %21.73 %
200949.01 %26.68 %23.89 %
200844.46 %24.67 %20.97 %
200746.01 %28.53 %26.88 %
200649.74 %31.26 %28.98 %
200552.06 %32.91 %30.28 %
200453.93 %35.5 %26.98 %

Garmin Stock Sales Revenue, EBIT, Earnings per Share

The Garmin earnings per share therefore indicates how much revenue Garmin has generated per share in a given period. The earnings before interest and taxes per share shows how much of the operating profit corresponds to each share. The earnings per share indicates how much of the profit belongs to each share.

  • 3 years

  • 5 years

  • 10 years

  • 25 Years

  • Max

Sales per Share
EBIT per share
Earnings per Share
Details

Revenue, EBIT and Earnings per share

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Revenue Per Share

Revenue per share represents the total revenue Garmin earns, divided by the number of outstanding shares. It is a crucial metric as it reflects the company's ability to generate sales and signifies growth and expansion potential. Comparing yearly revenue per share allows investors to analyze the consistency in a company’s earnings and predict future trends.

EBIT Per Share

EBIT per share indicates Garmin's earning before interest and taxes, offering insights into operational profitability excluding the effects of capital structure and tax rates. It can be juxtaposed against revenue per share to gauge the efficiency in converting sales into profits. A consistent increase in EBIT per share over the years underscores operational efficiency and profitability.

Income Per Share

Income per share, or earnings per share (EPS), reveals the portion of Garmin’s profit allocated to each share of common stock. It’s instrumental in evaluating the profitability and financial health. By comparing it with revenue and EBIT per share, investors discern how effectively a firm translates sales and operational profits into net income.

Expected Values

Expected values are projections of revenue, EBIT, and income per share for forthcoming years. These anticipations, rooted in historical data and market analysis, aid investors in strategizing their investments, evaluating Garmin's prospective performance, and estimating future stock prices. However, it’s pivotal to consider market volatilities and uncertainties that can influence these projections.

Garmin Revenue, EBIT and net profit per share

DateGarmin Sales per ShareGarmin EBIT per shareGarmin Earnings per Share
2028e45.95 undefined0 undefined10.49 undefined
2027e42.67 undefined0 undefined9.67 undefined
2026e38.53 undefined0 undefined8.35 undefined
2025e35.6 undefined0 undefined7.85 undefined
2024e32.69 undefined0 undefined7.13 undefined
202327.22 undefined5.69 undefined6.71 undefined
202225.18 undefined5.33 undefined5.04 undefined
202125.82 undefined6.31 undefined5.61 undefined
202021.82 undefined5.49 undefined5.17 undefined
201919.68 undefined4.95 undefined4.99 undefined
201817.65 undefined4.1 undefined3.66 undefined
201716.54 undefined3.62 undefined3.76 undefined
201616.09 undefined3.34 undefined2.73 undefined
201514.76 undefined2.88 undefined2.39 undefined
201414.78 undefined3.56 undefined1.88 undefined
201313.41 undefined2.92 undefined3.12 undefined
201213.84 undefined3.08 undefined2.76 undefined
201114.15 undefined2.84 undefined2.67 undefined
201013.59 undefined3.22 undefined2.95 undefined
200914.64 undefined3.91 undefined3.5 undefined
200816.58 undefined4.09 undefined3.48 undefined
200714.46 undefined4.13 undefined3.89 undefined
20068.11 undefined2.53 undefined2.35 undefined
20054.71 undefined1.55 undefined1.43 undefined
20043.5 undefined1.24 undefined0.94 undefined

Garmin business model

Garmin Ltd. is a company that specializes mainly in the production of GPS devices and other navigation solutions. The company was founded in 1989 by Gary Burrell and Min Kao in Kansas, USA and is headquartered in Schaffhausen, Switzerland. Garmin is one of the most popular companies on Eulerpool.com.

Garmin SWOT Analysis

Strengths

Garmin Ltd has a strong brand reputation in the global market for its high-quality GPS navigation and wireless devices.

The company has a diversified product portfolio spanning multiple industries such as aviation, automotive, marine, and fitness, providing a competitive advantage.

Garmin's extensive distribution network and wide market presence enable it to reach a large customer base worldwide.

The company invests heavily in research and development, enabling it to innovate and introduce new cutting-edge products to the market.

Weaknesses

Garmin heavily relies on its GPS navigation and sports wearable product lines, which make up a significant portion of its revenue. This dependence exposes the company to market fluctuations and changing consumer preferences.

The company faces intense competition from both established players and emerging companies, which may impact its market share and profitability.

Garmin's product pricing can be relatively higher compared to some competitors, potentially limiting market penetration in price-sensitive segments.

The company's product development cycle can sometimes be lengthy, posing potential challenges in keeping up with rapidly evolving technology trends.

Opportunities

The growing demand for wearable technology presents an opportunity for Garmin to expand its market share with its innovative fitness and outdoor products.

Increasing adoption of advanced driver-assistance systems (ADAS) in the automotive industry provides a favorable market environment for Garmin's navigation and safety solutions.

Expanding into new geographical markets, especially in emerging economies, can help Garmin tap into untapped customer segments.

Technological advancements in the aviation industry offer opportunities for Garmin to provide enhanced avionics systems for aircraft.

Threats

The rapid pace of technological advancements may result in the obsolescence of Garmin's products if it fails to keep up with the latest innovations.

Intense competition in the wearables market can put pressure on Garmin's market share and profitability.

Economic downturns and global financial uncertainties can impact consumer spending patterns, potentially affecting Garmin's sales.

The increasing availability of free navigation apps and software may pose a threat to Garmin's traditional GPS navigation devices.

Garmin Revenue by Segment

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Details

Revenue by Segment

ⓘ

Overview of Revenue by Segment

The chart visualizes revenues by segments and provides a clear overview of the revenue distribution. Each segment is clearly marked to facilitate comparisons of revenues.

Interpretation and Use

The chart enables quick identification of the highest-revenue segments, which is helpful in strategic decision-making. It supports the analysis of growth potentials and targeted resource allocation.

Investment Strategy

An investment strategy determines how capital is deliberately invested into various asset classes to maximize returns. It is based on risk tolerance, investment objectives, and a long-term plan.

Garmin Revenue by Segment

Segmente202220212020201920182017201620152014201320122011
Outdoor segment1.5 B USD--917.57 M USD--------
Fitness segment1.11 B USD--1.05 B USD--------
Fitness Segment-1.53 B USD----------
Aviation segment792.8 M USD--735.46 M USD--------
Marine segment903.98 M USD--508.85 M USD--------
Outdoor Segment-1.28 B USD----------
Marine Segment-875.15 M USD----------
Auto segment283.81 M USD--548.1 M USD--------
Aviation Segment-712.47 M USD----------
Auto Segment-254.72 M USD----------

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Revenue by Segment

ⓘ

Overview of Revenue by Segment

The chart visualizes revenues by segments and provides a clear overview of the revenue distribution. Each segment is clearly marked to facilitate comparisons of revenues.

Interpretation and Use

The chart enables quick identification of the highest-revenue segments, which is helpful in strategic decision-making. It supports the analysis of growth potentials and targeted resource allocation.

Investment Strategy

An investment strategy determines how capital is deliberately invested into various asset classes to maximize returns. It is based on risk tolerance, investment objectives, and a long-term plan.

Garmin Revenue by Segment

Segmente202220212020201920182017201620152014201320122011
Fitness segment--1.32 B USD---------
Outdoor segment--1.13 B USD---------
Marine segment--657.85 M USD---------
Aviation segment--622.82 M USD---------
Auto segment--184.83 M USD---------

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Revenue by Segment

ⓘ

Overview of Revenue by Segment

The chart visualizes revenues by segments and provides a clear overview of the revenue distribution. Each segment is clearly marked to facilitate comparisons of revenues.

Interpretation and Use

The chart enables quick identification of the highest-revenue segments, which is helpful in strategic decision-making. It supports the analysis of growth potentials and targeted resource allocation.

Investment Strategy

An investment strategy determines how capital is deliberately invested into various asset classes to maximize returns. It is based on risk tolerance, investment objectives, and a long-term plan.

Garmin Revenue by Segment

Segmente202220212020201920182017201620152014201320122011
Fitness----858.33 M USD762.19 M USD818.49 M USD661.6 M USD568.44 M USD356.28 M USD321.79 M USD298.16 M USD
Outdoor----809.88 M USD698.87 M USD546.33 M USD425.15 M USD427.56 M USD410.99 M USD401.75 M USD363.22 M USD
Auto----634.21 M USD750.58 M USD882.56 M USD1.05 B USD----
Aviation----603.46 M USD501.36 M USD439.35 M USD398.62 M USD385.92 M USD339.34 M USD291.56 M USD284.86 M USD
Automotive/Mobile----------1.49 B USD1.59 B USD
Automotive Mobile--------1.24 B USD1.3 B USD--
Marine----441.56 M USD374 M USD331.95 M USD286.78 M USD----
Marine Systems--------248.37 M USD222.93 M USD208.14 M USD221.73 M USD

Garmin Revenue by Region

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Revenue by Segment

ⓘ

Overview of Revenue by Region

The chart shows revenues by region and provides a clear comparison of regional revenue distribution. Each region is clearly marked to illustrate the differences.

Interpretation and Usage

The diagram helps to identify the regions with the highest revenue and to make targeted decisions for regional expansion or investments. It supports the analysis of market potentials and strategic priorities.

Investment Strategy

An investment strategy focused on regions concentrates on the deliberate capital allocation in different markets to optimally use regional growth opportunities. It takes into account market conditions and regional risk factors.

Garmin Revenue by Segment

DateAmericasAPACAsia PacificEMEA
20222.43 B USD-797.62 M USD1.63 B USD
20212.35 B USD774.37 M USD-1.86 B USD
20201.97 B USD638.74 M USD-1.58 B USD
20191.82 B USD589.2 M USD-1.35 B USD
20181.6 B USD545.76 M USD-1.2 B USD
20171.48 B USD436.19 M USD-1.18 B USD
20161.52 B USD386.55 M USD-1.11 B USD
20151.47 B USD337.89 M USD-1.01 B USD
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Garmin Eulerpool Fair Value

Details

Fair Value

ⓘ

Understanding Fair Value

The fair value of a stock provides insights into whether the stock is currently undervalued or overvalued. It is calculated based on profit, revenue, or dividends and offers a comprehensive perspective of the stock’s intrinsic value.

Income-Based Fair Value

This is calculated by multiplying the earnings per share by the average P/E ratio of the selected past years for smoothing. If the fair value is higher than the current market price, it suggests that the stock is undervalued.

Example 2022

Fair Value Profit 2022 = Earnings per Share 2022 / Average P/E Ratio 2019 - 2021 (3 Years Smoothing)

Revenue-Based Fair Value

It is derived by multiplying the revenue per share by the average price-to-sales ratio of the selected past years for smoothing. An undervalued stock is identified if the fair value exceeds the ongoing market price.

Example 2022

Fair Value Revenue 2022 = Revenue per Share 2022 / Average PSR 2019 - 2021 (3 Years Smoothing)

Dividend-Based Fair Value

This value is determined by dividing the dividend per share by the average dividend yield of the selected past years for smoothing. A higher fair value than the market price indicates an undervalued stock.

Example 2022

Fair Value Dividend 2022 = Dividend per Share 2022 * Average Dividend Yield 2019 - 2021 (3 Years Smoothing)

Expectations and Forecasts

Future expectations provide potential trajectories for stock prices and aid investors in decision-making. The expected values are forecasted figures of fair value, taking into account the growth or decline trends of profit, revenue, or dividend.

Comparative Analysis

Comparing the fair value based on profit, revenue, and dividend provides a holistic overview of the stock’s financial health. Observing the annual and per-annual variations contributes to understanding the consistency and reliability of stock performance.

Garmin historical P/E ratio, EBIT multiple, and P/S ratio

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Garmin shares outstanding

The number of shares was Garmin in 2024 — This indicates how many shares 192.058 M is divided into. Since shareholders are the owners of a company, each share represents a small portion of the company's ownership.

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Number of stocks
Details

Revenue, EBIT and Earnings per share

ⓘ

Revenue Per Share

Revenue per share represents the total revenue Garmin earns, divided by the number of outstanding shares. It is a crucial metric as it reflects the company's ability to generate sales and signifies growth and expansion potential. Comparing yearly revenue per share allows investors to analyze the consistency in a company’s earnings and predict future trends.

EBIT Per Share

EBIT per share indicates Garmin's earning before interest and taxes, offering insights into operational profitability excluding the effects of capital structure and tax rates. It can be juxtaposed against revenue per share to gauge the efficiency in converting sales into profits. A consistent increase in EBIT per share over the years underscores operational efficiency and profitability.

Income Per Share

Income per share, or earnings per share (EPS), reveals the portion of Garmin’s profit allocated to each share of common stock. It’s instrumental in evaluating the profitability and financial health. By comparing it with revenue and EBIT per share, investors discern how effectively a firm translates sales and operational profits into net income.

Expected Values

Expected values are projections of revenue, EBIT, and income per share for forthcoming years. These anticipations, rooted in historical data and market analysis, aid investors in strategizing their investments, evaluating Garmin's prospective performance, and estimating future stock prices. However, it’s pivotal to consider market volatilities and uncertainties that can influence these projections.

Garmin stock splits

In Garmin's history, there have been no stock splits.

Garmin dividend history and estimates

In 2024, Garmin paid a dividend amounting to 2.98 USD. Dividend means that Garmin distributes a portion of its profits to its owners.

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Dividend
Dividend (Estimate)
Details

Dividend

ⓘ

Dividend Overview

The dividend per year chart for Garmin provides a comprehensive view of the annual dividends distributed to shareholders. Analyze the trend to understand the consistency and growth in dividend payouts over the years.

Interpretation and Use

A consistent or increasing trend in dividends can indicate the company's profitability and financial health. Investors can use this data to identify Garmin’s potential for long-term investment and income generation through dividends.

Investment Strategy

Incorporate the dividend data in evaluating Garmin's overall performance. A thorough analysis, considering other financial aspects, will help in making informed investment decisions for optimal capital growth and income generation.

Garmin Dividend History

DateGarmin Dividend
2028e3.14 undefined
2027e3.14 undefined
2026e3.14 undefined
2025e3.14 undefined
2024e3.14 undefined
20232.92 undefined
20222.86 undefined
20212.62 undefined
20202.4 undefined
20192.24 undefined
20182.1 undefined
20172.04 undefined
20162.04 undefined
20152.52 undefined
20141.89 undefined
20131.8 undefined
20121.75 undefined
20111.6 undefined
20100 undefined
20090.75 undefined
20080.75 undefined
20070.75 undefined
20060.5 undefined
20050.25 undefined
20040.25 undefined

Garmin dividend payout ratio

In 2024, Garmin had a payout ratio of 51.14%. The payout ratio indicates the percentage of the company's profits that Garmin distributes as dividends.

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Payout ratio
Details

Payout ratio

ⓘ

What is Yearly Payout Ratio?

The yearly payout ratio for Garmin represents the proportion of earnings paid out as dividends to shareholders. It is an indicator of the company's financial health and stability, illustrating how much profit is being returned to investors versus being reinvested back into the company.

How to Interpret the Data

A lower payout ratio for Garmin could mean that the company is reinvesting more into its growth, whereas a higher ratio indicates more earnings are being distributed as dividends. Investors seeking regular income might prefer companies with a higher payout ratio, while those looking for growth may opt for companies with a lower ratio.

Using the Data for Investments

Evaluate Garmin's payout ratio in conjunction with other financial metrics and performance indicators. A sustainable payout ratio, coupled with strong financial health, can indicate a reliable dividend payout. However, a very high ratio might suggest the company is not sufficiently reinvesting in its future growth.

Garmin Payout Ratio History

DateGarmin Payout ratio
2028e51.84 %
2027e51.66 %
2026e51.23 %
2025e52.61 %
2024e51.14 %
202349.96 %
202256.75 %
202146.7 %
202046.42 %
201944.89 %
201857.38 %
201754.26 %
201674.73 %
2015105.44 %
2014100.53 %
201357.69 %
201263.41 %
201159.93 %
20100.03 %
200921.43 %
200821.55 %
200719.28 %
200621.28 %
200517.48 %
200426.6 %
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Unfortunately, there are currently no price targets and forecasts available for Garmin.

Garmin latest earnings and earnings surprises

DateEPS EstimateEPS ActualQuarterly report
9/30/20241.47 1.99  (35.48 %)2024 Q3
6/30/20241.47 1.58  (7.57 %)2024 Q2
3/31/20241.03 1.42  (37.4 %)2024 Q1
12/31/20231.42 1.72  (20.84 %)2023 Q4
9/30/20231.31 1.41  (7.3 %)2023 Q3
6/30/20231.44 1.45  (0.51 %)2023 Q2
3/31/20231.08 1.02  (-5.83 %)2023 Q1
12/31/20221.18 1.35  (14.4 %)2022 Q4
9/30/20221.15 1.24  (7.77 %)2022 Q3
6/30/20221.43 1.44  (0.84 %)2022 Q2
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Eulerpool ESG Scorecard© for the Garmin stock

Eulerpool World ESG Rating (EESG©)

62/ 100

🌱 Environment

51

👫 Social

71

🏛️ Governance

63

Environment

Scope 1 - Direct Emissions
Scope 2 - Indirect emissions from purchased energy
Scope 3 - Indirect emissions within the value chain
Total CO₂ emissions
CO₂ reduction strategy
Coal energy
Nuclear power
Animal experiments
Fur & Leather
Pesticides
Palm Oil
Tobacco
Genetically modified organisms
Climate concept
Sustainable forestry
Recycling regulations
Environmentally friendly packaging
Hazardous substances
Fuel consumption and efficiency
Water consumption and efficiency

Social

Percentage of female employees35
Percentage of women in management
Percentage of Asian employees10
Share of Asian management7
Percentage of Hispanic/Latino employees9
Hispano/Latino Management share2
Percentage of Black employees5
Black Management Share2
Percentage of white employees72
White Management Share88
Adult content
Alcohol
Weapons
Firearms
Gambling
Military contracts
Human rights concept
Privacy concept
Occupational health and safety
Catholic

Governance (Corporate Governance)

Environmental reporting
Stakeholder Engagement
Call Back Policies
Antitrust law

The Eulerpool ESG Scorecard© is the strictly copyrighted intellectual property of Eulerpool Research Systems. Any unauthorized use, imitation, or infringement will be actively pursued and may lead to significant legal consequences. For licenses, collaborations, or usage rights, please contact us directly via our contact form. Contact Form to us.

Garmin shareholders

%
Name
Stocks
Change
Date
9.73779 % Kao (Min Hwan)18,698,500-40,8109/30/2024
9.28744 % Burrell (Jonathan C)17,833,750-613,1249/30/2024
9.19524 % The Vanguard Group, Inc.17,656,70649,6266/30/2024
5.22715 % BlackRock Institutional Trust Company, N.A.10,037,175-62,5836/30/2024
3.77703 % Artisan Partners Limited Partnership7,252,649-46,1556/30/2024
3.52996 % State Street Global Advisors (US)6,778,233110,1006/30/2024
2.21365 % Geode Capital Management, L.L.C.4,250,649139,3336/30/2024
1.38449 % Fidelity Management & Research Company LLC2,658,504498,5866/30/2024
1.12184 % JP Morgan Asset Management2,154,164384,4466/30/2024
1.05964 % First Trust Advisors L.P.2,034,715-1,526,6746/30/2024
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Garmin Executives and Management Board

Mr. Clifton Pemble

(57)
Garmin President, Chief Executive Officer, Director (since 2003)
Compensation 4.59 M

Mr. Andrew Etkind

(67)
Garmin Vice President, General Counsel, Secretary
Compensation 1.89 M

Mr. Douglas Boessen

(61)
Garmin Chief Financial Officer, Treasurer
Compensation 1.53 M

Dr. Min Kao

(74)
Garmin Executive Chairman of the Board (since 2000)
Compensation 384,430

Mr. Charles Peffer

(75)
Garmin Independent Director
Compensation 240,845
1
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Garmin Supply Chain

NameRelationshipTwo-week correlationOne-month correlationThree-Month CorrelationSix-Month CorrelationOne Year CorrelationTwo-Year Correlation
Skyworks Solutions Stock
Skyworks Solutions
SupplierCustomer0,950,940,870,930,890,72
Sportsman's Warehouse Stock
Sportsman's Warehouse
SupplierCustomer0,930,920,850,700,890,50
Kopin Corp Stock
Kopin Corp
SupplierCustomer0,860,980,850,940,760,63
Beneteau Stock
Beneteau
SupplierCustomer0,780,340,780,71 0,65
Mercedes-Benz Group Stock
Mercedes-Benz Group
SupplierCustomer0,690,02-0,110,580,410,74
Embraer S.A. Stock
Embraer S.A.
SupplierCustomer0,650,830,570,850,670,77
Clearwater Analytics A Stock
Clearwater Analytics A
SupplierCustomer0,630,940,930,57
Berkshire Hathaway Inc. Stock
Berkshire Hathaway Inc.
SupplierCustomer0,620,870,89-0,41-0,760,40
EMCORE Stock
EMCORE
SupplierCustomer0,570,870,840,930,790,84
Visa Inc. Stock
Visa Inc.
SupplierCustomer0,520,39-0,14-0,370,590,73
1
2
3

Most common questions regarding Garmin

What values and corporate philosophy does Garmin represent?

Garmin Ltd represents a strong emphasis on innovation, quality, and customer satisfaction. With a corporate philosophy centered on creating products that enhance people's lives, Garmin is committed to developing cutting-edge technologies for its global consumer base. The company's core values revolve around integrity, respect, and teamwork, fostering a collaborative and inclusive work environment. Garmin's dedication to continuous improvement and customer-focused solutions has made it a trusted leader in the field of navigation and wearable technologies.

In which countries and regions is Garmin primarily present?

Garmin Ltd is primarily present in various countries and regions worldwide. The company has established a strong presence in the United States, its home country. Additionally, Garmin operates in Europe, particularly in Switzerland and the United Kingdom. It also has a significant presence in Asia, with operations in Taiwan and China. Furthermore, Garmin serves customers across South America, including Brazil and Argentina, and has a growing market in Australia. With its diversified global presence, Garmin Ltd caters to a wide range of markets and continues to expand its reach internationally.

What significant milestones has the company Garmin achieved?

Garmin Ltd has achieved several significant milestones throughout its history. These include the introduction of the world's first portable aviation GPS, the GPS 100, in 1990. In 2000, Garmin launched the eTrex, a handheld GPS receiver that revolutionized outdoor navigation. The company also made advancements in fitness technology with the release of the Forerunner series in 2003. In recent years, Garmin expanded its product line to include smartwatches like the Garmin Venu and Instinct, with advanced features for fitness enthusiasts. Additionally, Garmin's collaborations with major automobile manufacturers have led to the integration of their navigation systems into various vehicle models. These achievements illustrate Garmin Ltd's commitment to innovation in the field of navigation technology.

What is the history and background of the company Garmin?

Garmin Ltd is a renowned company specializing in GPS technology and navigation systems. Founded in 1989 by Gary Burrell and Dr. Min Kao, Garmin has a rich history in the development of innovative GPS devices. With its headquarters in Switzerland, the company has expanded globally with offices in the United States, Europe, and Asia. Garmin is known for its wide range of products, including car navigation systems, wearable fitness trackers, aviation and marine GPS devices, and smartwatches. Combining precision, durability, and user-friendly interfaces, Garmin has established itself as a leading provider of navigation solutions in various industries worldwide.

Who are the main competitors of Garmin in the market?

Garmin Ltd operates in a competitive market where several companies offer similar products and services. Some of Garmin's main competitors include TomTom NV, Fitbit Inc., and Apple Inc. These companies also provide a range of navigation systems, fitness trackers, and smartwatches. Despite the competition, Garmin Ltd has carved a niche in the market with its innovative technology and reputation for reliable products. Its continuous focus on product development and commitment to customer satisfaction sets it apart from its rivals. Garmin Ltd remains a strong player in the market alongside these notable competitors.

In which industries is Garmin primarily active?

Garmin Ltd is primarily active in the industries of navigation, communication, and information devices.

What is the business model of Garmin?

Garmin Ltd operates as a multinational technology company specializing in the production of global positioning system (GPS) technology and devices. The business model of Garmin revolves around designing, manufacturing, and distributing a wide range of GPS-enabled products to various industries and consumers worldwide. These products include navigation devices for automotive, aviation, marine, outdoor, and fitness sectors. Garmin also offers software solutions, digital maps, and wearable devices. The company's commitment to innovation, excellence in product development, and strong distribution networks has been key to its success and market leadership in the GPS technology industry.

What is the P/E ratio of Garmin 2025?

The Garmin P/E ratio is 27.52.

What is the P/S ratio of Garmin 2025?

The Garmin P/S ratio is 6.07.

What is the Quality Investing of Garmin?

The Quality Investing for Garmin is 8/10.

What is the revenue of Garmin 2025?

The expected Garmin revenue is 6.84 B USD.

How high is the profit of Garmin 2025?

The expected Garmin profit is 1.51 B USD.

What is the business model of Garmin

Garmin Ltd. is a globally operating company that develops and distributes GPS technology. The company offers a wide range of products and services that help customers with navigation, fitness and outdoor activities, and aviation. Garmin is headquartered in Schaffhausen, Switzerland and employs over 13,000 employees worldwide.

What is the Garmin dividend?

Garmin pays a dividend of 2.86 USD distributed over 4 payouts per year.

How often does Garmin pay dividends?

Garmin pays out a dividend 4 times a year.

What is the Garmin ISIN?

The ISIN of Garmin is CH0114405324.

What is the Garmin WKN?

The WKN of Garmin is A1C06B.

What is the Garmin ticker?

The ticker of Garmin is GRMN.

How much dividend does Garmin pay?

Over the past 12 months, Garmin paid a dividend of 2.92 USD . This corresponds to a dividend yield of about 1.35 %. For the coming 12 months, Garmin is expected to pay a dividend of 3.14 USD.

What is the dividend yield of Garmin?

The current dividend yield of Garmin is 1.35 %.

When does Garmin pay dividends?

Garmin pays a quarterly dividend. This is distributed in the months of July, October, January, April.

How secure is the dividend of Garmin?

Garmin paid dividends every year for the past 25 years.

What is the dividend of Garmin?

For the upcoming 12 months, dividends amounting to 3.14 USD are expected. This corresponds to a dividend yield of 1.46 %.

In which sector is Garmin located?

Garmin is assigned to the 'Cyclical consumption' sector.

Wann musste ich die Aktien von Garmin kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of Garmin from 3/28/2025 amounting to 0.75 USD, you needed to have the stock in your portfolio before the ex-date on 3/14/2025.

When did Garmin pay the last dividend?

The last dividend was paid out on 3/28/2025.

What was the dividend of Garmin in the year 2024?

In the year 2024, Garmin distributed 2.92 USD as dividends.

In which currency does Garmin pay out the dividend?

The dividends of Garmin are distributed in USD.

All fundamentals about Garmin

Our stock analysis for Garmin Revenue stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of Garmin Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.