Garmin Ltd. (GRMN)

Growth

Revenue 5Y10.15%
Revenue 3Y13.47%
EPS 5Y15.79%
EPS 3Y15.24%
Dividend 5Y0.06%
Dividend 3Y17.66%

Capital Efficiency

ROIC17.39%
ROE16.04%
ROA12.67%
ROTA12.98%

Capital Structure

Market Cap19.02B
EV18.04B
Cash1.08B
Current Ratio2.75
Debt/Equity0.23
Net Debt/EBITDA-0.79
Show More

Income Statement

Select a metric from the list below to chart it

Dec '99
Dec '03
Dec '07
Dec '11
Dec '15
Dec '19
Income Statement
Dec '13
Dec '14
Dec '15
Dec '16
Dec '17
Dec '18
Dec '19
Dec '20
Dec '21
TTM
Revenue
2,631.9
2,870.7
2,820.3
3,018.7
3,087.0
3,347.4
3,757.5
4,186.6
4,982.8
4,945.5
Revenue % Chg.
-3.1%
9.1%
-1.8%
7.0%
2.3%
8.4%
12.2%
11.4%
19.0%
0.1%
Cost of Revenue
1,224.6
1,266.2
1,281.6
1,339.1
1,303.8
1,367.7
1,523.5
1,705.2
2,092.3
2,111.6
Cost of Revenue % Chg.
-4.1%
3.4%
1.2%
4.5%
-2.6%
4.9%
11.4%
11.9%
22.7%
3.9%
Gross Profit
1,407.3
1,604.4
1,538.7
1,679.6
1,783.2
1,979.7
2,234.0
2,481.3
2,890.5
2,833.9
Gross Profit % Chg.
-2.2%
14.0%
-4.1%
9.2%
6.2%
11.0%
12.8%
11.1%
16.5%
-2.6%
Gross Profit Margin
53.5%
55.9%
54.6%
55.6%
57.8%
59.1%
59.5%
59.3%
58.0%
57.3%
Gross Profit Margin % Chg.
0.9%
4.5%
-2.4%
2.0%
3.8%
2.4%
0.5%
-0.3%
-2.1%
-2.6%
R&D Expenses
364.9
395.1
427.0
468.0
511.6
567.8
605.4
705.7
840.0
841.0
R&D Expenses % Chg.
12.0%
8.3%
8.1%
9.6%
9.3%
11.0%
6.6%
16.6%
19.0%
2.8%
Selling, General, & Admin Expenses
468.3
518.7
562.1
587.7
602.7
633.6
683.0
721.4
831.8
917.1
Selling, General, & Admin Expenses % Chg.
-7.9%
10.7%
8.4%
4.6%
2.5%
5.1%
7.8%
5.6%
15.3%
12.3%
Operating Income
574.0
690.6
549.6
623.9
668.9
778.3
945.6
1,054.2
1,218.6
1,075.8
Operating Income % Chg.
-5.0%
20.3%
-20.4%
13.5%
7.2%
16.4%
21.5%
11.5%
15.6%
-15.6%
Operating Income Margin
21.8%
24.1%
19.5%
20.7%
21.7%
23.3%
25.2%
25.2%
24.5%
21.8%
Operating Income Margin % Chg.
-2.0%
10.3%
-19.0%
6.1%
4.8%
7.3%
8.2%
0.1%
-2.9%
-15.7%
Total Other Income/Expenses Net
79.5
33.1
17.6
5.8
13.4
44.9
41.6
49.2
-11.8
-31.9
Total Other Income/Expenses Net % Chg.
290.4%
-58.4%
-46.8%
-67.3%
133.2%
234.3%
-7.3%
18.1%
-
-
Income Before Tax
653.6
723.7
567.2
629.7
682.3
823.2
987.2
1,103.4
1,206.8
1,043.9
Income Before Tax % Chg.
4.6%
10.7%
-21.6%
11.0%
8.4%
20.7%
19.9%
11.8%
9.4%
-19.0%
Income Before Tax Margin
24.8%
25.2%
20.1%
20.9%
22.1%
24.6%
26.3%
26.4%
24.2%
21.1%
Income Before Tax Margin % Chg.
8.0%
1.5%
-20.2%
3.7%
6.0%
11.3%
6.8%
0.3%
-8.1%
-19.1%
Income Tax Expense
41.1
359.5
111.0
118.9
-12.7
129.2
34.7
111.1
124.6
77.5
Income Tax Expense % Chg.
-49.9%
773.8%
-69.1%
7.1%
-
-
-73.1%
219.8%
12.2%
-51.5%
Net Income
612.4
364.2
456.2
510.8
695.0
694.1
952.5
992.3
1,082.2
966.4
Net Income % Chg.
12.9%
-40.5%
25.3%
12.0%
36.0%
-0.1%
37.2%
4.2%
9.1%
-14.4%
Net Income Margin
23.3%
12.7%
16.2%
16.9%
22.5%
20.7%
25.3%
23.7%
21.7%
19.5%
Net Income Margin % Chg.
16.5%
-45.5%
27.5%
4.6%
33.0%
-7.9%
22.3%
-6.5%
-8.4%
-14.5%
Weighted Avg. Shares Out
195.4
193.1
190.6
188.8
187.8
188.6
189.9
191.1
192.2
192.7
Weighted Avg. Shares Out % Chg.
0.3%
-1.2%
-1.3%
-1.0%
-0.5%
0.4%
0.7%
0.6%
0.6%
0.4%
EPS
3.1
1.9
2.4
2.7
3.7
3.7
5.0
5.2
5.6
5.0
EPS % Chg.
12.6%
-39.6%
26.5%
13.4%
36.5%
-0.5%
36.1%
3.6%
8.5%
-14.8%
Weighted Avg. Shares Out Dil
196.3
194.2
191.1
189.3
188.7
189.7
190.9
191.9
193.0
193.4
Weighted Avg. Shares Out Dil % Chg.
0.1%
-1.1%
-1.6%
-0.9%
-0.3%
0.5%
0.6%
0.5%
0.6%
0.3%
EPS Diluted
3.1
1.9
2.4
2.7
3.7
3.7
5.0
5.2
5.6
5.0
EPS Diluted % Chg.
13.0%
-39.7%
27.1%
13.0%
36.3%
-0.5%
36.3%
3.6%
8.5%
-14.7%
Interest Income
35.3
35.6
29.7
33.4
36.9
47.1
52.8
37.0
28.6
33.5
Interest Income % Chg.
0.5%
0.9%
-16.7%
12.7%
10.5%
27.7%
12.0%
-29.9%
-22.8%
18.4%
Interest Expense
35.3
35.6
29.7
33.4
36.9
47.1
52.8
37.0
28.6
33.5
Interest Expense % Chg.
0.5%
0.9%
-16.7%
12.7%
10.5%
27.7%
12.0%
-29.9%
-22.8%
18.4%
EBIT
653.6
723.7
567.2
629.7
682.3
823.2
987.2
1,103.4
1,206.8
1,043.9
EBIT % Chg.
4.6%
10.7%
-21.6%
11.0%
8.4%
20.7%
19.9%
11.8%
9.4%
-19.0%
EBIT Margin
24.8%
25.2%
20.1%
20.9%
22.1%
24.6%
26.3%
26.4%
24.2%
21.1%
EBIT Margin % Chg.
8.0%
1.5%
-20.2%
3.7%
6.0%
11.3%
6.8%
0.3%
-8.1%
-19.1%
Depreciation & Amortization
78.8
77.0
78.4
86.3
86.3
96.2
106.2
126.7
154.8
163.4
Depreciation & Amortization % Chg.
-12.9%
-2.3%
1.7%
10.2%
-0.1%
11.5%
10.4%
19.3%
22.2%
8.7%
EBITDA
732.4
800.8
645.5
716.0
768.5
919.4
1,093.4
1,230.1
1,361.6
1,207.4
EBITDA % Chg.
2.4%
9.3%
-19.4%
10.9%
7.3%
19.6%
18.9%
12.5%
10.7%
-16.1%
EBITDA Margin
27.8%
27.9%
22.9%
23.7%
24.9%
27.5%
29.1%
29.4%
27.3%
24.4%
EBITDA Margin % Chg.
5.7%
0.2%
-17.9%
3.6%
5.0%
10.3%
5.9%
1.0%
-7.0%
-16.2%