• Hardware, Equipment & Parts
  • Technology
Garmin Ltd. logo
Garmin Ltd.
GRMN · CH · NYSE
168.56
USD
+1.14
(0.68%)
Company Overview

MUHLENTALSTRASSE 2,SCHAFFHAUSEN V8 CH-8200,41 52 630 1600

CEO

Mr. Clifton Albert Pemble

Employess

19900

Sector

Technology

Industry

Hardware, Equipment & Parts

Website

https://www.garmin.com

Garmin Ltd. designs, develops, manufactures, markets, and distributes a range of wireless devices in the Americas, the Asia Pacific, Australian Continent, Europe, the Middle East, and Africa. Its Fitness segment offers running and multi-sport watches; cycling products; activity tracking and smartwatch devices; and fitness and cycling accessories. This segment also provides Garmin Connect and Garmin Connect Mobile, which are web and mobile platforms; and Connect IQ, an application development platform. The company's Outdoor segment offers adventure watches, outdoor handhelds, golf devices and mobile apps, and dog tracking and training devices. Its Aviation segment designs, manufactures, and markets various aircraft avionics solutions comprising integrated flight decks, electronic flight displays and instrumentation, navigation and communication products, automatic flight control systems and safety-enhancing technologies, audio control systems, engine indication systems, traffic awareness and avoidance solutions, ADS-B and transponder solutions, weather information and avoidance solutions, datalink and connectivity solutions, portable GPS navigators and wearables, and various services products. The company's Marine segment provides chartplotters and multi-function displays, cartography products, fish finders, sonar products, autopilot systems, radars, compliant instrument displays and sensors, VHF communication radios, handhelds and wearable devices, sailing products, entertainment, digital switching products, and trolling motors. Its Auto segment offers embedded computing models and infotainment systems; personal navigation devices; and cameras. The company sells its products through independent retailers, online retailers, dealers, distributors, installation and repair shops, and original equipment manufacturers, as well as an online webshop, garmin.com. Garmin Ltd. was founded in 1989 and is based in Schaffhausen, Switzerland.

Next Earnings Date

Nov. 6, 2024

Ex Dividends date

Sep. 27, 2024

Dividend Date

Sept. 13, 2024

YTD Performance

33.24%

Fiscal Year End

12-25

IPO Date

2000-12-08

Growth Rates
(avg. rate of change) 10 years 5 years 3 years 1 year
Sales/Revenue 7.10% 9.33% 7.69% 7.57%
EPS 7.97% 12.87% 9.10% 33.20%
Equity 6.72% 10.99% 8.33% 13.02%
Cash 3.69% 7.10% 5.11% 32.38%
Return On Capital (ROIC) 15.37% 16.81% 16.13% 15.96%
Debt
year (millions) 2023 2022 2021 2020 2019
Short Term Debt 225 25.1 20.5 18.9 14.8
Long Term Debt 113 115 70 76 49.2
LT Finance Leases 113 115 70 76 49.2
Shares Outstanding 191 193 192 191 190
Market Cap 24,600 17,800 25,800 23,000 18,700
Price
Business Segments (Beta)
Geographical Segments (Beta)
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Garmin Ltd. (NYSE:GRMN ) Q2 2024 Earnings Conference Call July 31, 2024 10:30 AM ET Company Participants Teri Seck - Manager, IR Clifton Pemble - President, CEO & Director Douglas Boessen - CFO & Treasurer Conference Call Participants Joseph Cardoso - JPMorgan George Wang - Barclays David MacGregor - Longbow Research Jordan Lyonnais - Bank of America Benjamin Bollin - Cleveland Research Ivan Feinseth - Tigress Financial Partners Noah Zatzkin - KeyBanc Capital Markets Erik Woodring - Morgan Stanley Operator Thank you for standing by.

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