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
GRMN
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% |