TopFunds

Garmin

NYSE: GRMN

Stock price

268.44 USD

(+0%) TODAY

Consumer ElectronicsHardwareEquipment & Parts
Financials

all figures in US$ Millions except per share data

Sections:

Periods:

View:

Format:

Actual
10 year cagr
Help
Where available up to 10y CAGR shown for absolute numbers 10y Average marked A shown for relative numbers such as margins
Fiscal
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
Average (A)
Fiscal period end dates
Expand all rows
01Earnings per share
Help
Earnings per share = Net Income / Number of Shares Outstanding
2.4
2.7
3.7
3.7
5
5.2
5.6
5
6.7
7.3
8.6
13.7%
02Free cash flow per share
1
3.2
2.7
4
3
4.9
3.6
2.8
6.2
6.4
7
21.2%
03Dividends per share
2
2
2
2.1
2.2
2.4
2.6
2.9
2.9
3
3.5
5.6%
04Dividends payout, %
82.9%
94.3%
55.1%
42.7%
43.8%
45.4%
45.4%
69.8%
43.3%
40.6%
39.9%
(7.1)%
PROFIT AND LOSS STATEMENT
05Revenue
2,820
3,019
3,087
3,347
3,758
4,187
4,983
4,860
5,228
6,297
7,246
9.9%
06% Change
-
-
-
-
-
-
-
-
-
-
-
9.9%
07Cost of revenue
(1,282)
(1,339)
(1,304)
(1,368)
(1,524)
(1,705)
(2,092)
(2,054)
(2,223)
(2,600)
(2,989)
8.8%
08Gross profit
1,539
1,680
1,783
1,980
2,234
2,481
2,891
2,807
3,005
3,697
4,256
10.7%
09% Margin
54.6%
55.6%
57.8%
59.1%
59.5%
59.3%
58%
57.8%
57.5%
58.7%
58.7%
57.9% A
10Operating expenses
(989.1)
(1,056)
(1,114)
(1,201)
(1,288)
(1,427)
(1,672)
(1,779)
(1,913)
(2,103)
(2,380)
9.2%
11% of Revenue
(35.1)%
(35)%
(36.1)%
(35.9)%
(34.3)%
(34.1)%
(33.6)%
(36.6)%
(36.6)%
(33.4)%
(32.9)%
(34.9)% A
12Operating Income
549.6
623.9
668.9
778.3
945.6
1,054
1,219
1,028
1,092
1,594
1,876
13.1%
13Income tax expense
(111)
(118.9)
(12.7)
(129.2)
(34.7)
(111.1)
(124.6)
(91.4)
(89.3)
(284)
(350.6)
12.2%
14Net Income
456.2
510.8
695
694.1
952.5
992.3
1,082
973.6
1,290
1,411
1,664
13.8%
15% Margin
16.2%
16.9%
22.5%
20.7%
25.4%
23.7%
21.7%
20%
24.7%
22.4%
23%
21.6% A
16Shares Outstanding
191.1
189.3
188.7
189.7
190.9
191.9
193
193
192.1
193.5
193.6
0.1%
17EPS Basic
2.4
2.7
3.7
3.7
5
5.2
5.6
5.1
6.7
7.4
8.7
13.7%
18EPS Diluted
2.4
2.7
3.7
3.7
5
5.2
5.6
5
6.7
7.3
8.6
13.7%
19EBITDA
627.9
719.2
769.9
874.5
1,052
1,181
1,362
1,229
1,378
1,875
2,203
13.4%
% Margin
22.3%
23.8%
24.9%
26.1%
28%
28.2%
27.3%
25.3%
26.4%
29.8%
30.4%
26.6% A
20Net Interest Income (expense)
29.7
33.4
36.9
47.1
52.8
37
28.6
40.8
77.3
113.5
128.9
15.8%
21Net Debt / EBITDA
(1.3)
(1.2)
(1.2)
(1.4)
(0.9)
(1.2)
(1)
(0.9)
(1.1)
(1)
(0.9)
(1.1) A
BALANCE SHEET
ASSETS
Current Assets
22Cash & equivalents
833.1
846.9
891.5
1,202
1,028
1,458
1,498
1,279
1,694
2,080
2,279
10.6%
23Short-term investments
215.2
267
161.7
183
376.5
387.6
348
173.3
274.6
421.3
459.2
7.9%
24Accounts receivable
531.5
527.1
590.9
569.8
706.8
849.5
843.4
656.8
815.2
983.4
1,253
9%
25Other current assets
130.8
137.3
184.4
149
194.1
211.7
344.7
330.8
334.9
378
485.1
14%
26Inventory
500.6
484.8
517.6
561.8
752.9
762.1
1,228
1,515
1,346
1,474
1,772
13.5%
27Total Current Assets
2,211
2,263
2,364
2,665
3,058
3,669
4,262
3,955
4,464
5,336
6,248
11%
Non-Current Assets
28Net property, plant & equipment
446.1
482.9
595.7
663.5
792.5
950.2
1,157
1,285
1,368
1,402
1,572
13.4%
29Long-term investments
1,343
1,213
1,260
1,330
1,206
1,131
1,269
1,208
1,125
1,198
1,397
0.4%
30Other non-current assets
498.8
566
790.6
723.8
1,111
1,281
1,167
1,283
1,646
1,695
1,777
13.6%
31Total Non-Current Assets
2,288
2,262
2,646
2,718
3,109
3,362
3,593
3,776
4,139
4,294
4,746
7.6%
Total Assets
4,499
4,525
5,010
5,383
6,167
7,031
7,854
7,731
8,604
9,631
10,994
9.3%
LIABILITIES
Current Liabilities
32Accounts payable
178.9
172.4
169.6
205
240.8
258.9
370
212.4
253.8
359.4
347.5
6.9%
33Short-term debt
-
-
-
-
-
-
-
-
-
27.9
31.2
11.7%
34Other current liabilities
687.1
610.3
659
716.3
795.1
905.3
1,078
999.2
1,057
1,121
1,341
6.9%
35Total Current Liabilities
866
782.7
828.7
921.3
1,036
1,164
1,448
1,212
1,311
1,508
1,720
7.1%
Non-Current Liabilities
36Long-term debt
-
-
-
-
49.2
76
70
114.5
113
134.9
164.8
22.3%
37Other non-current liabilities
288.3
324.4
379.1
298.6
288.1
275.1
222.1
200.7
167.8
139.4
136.2
(7.2)%
38Total Non-Current Liabilities
288.3
324.4
379.1
298.6
337.4
351
292.1
315.2
280.8
274.3
301
0.4%
39Total Liabilities
1,154
1,107
1,208
1,220
1,373
1,515
1,740
1,527
1,592
1,782
2,021
5.8%
SHAREHOLDERS` EQUITY
40Common stock
1,797
18
18
18
18
18
18
18
19.6
19.5
19.5
(36.4)%
41Retained earnings / (deficit)
1,931
2,057
2,369
2,711
3,229
3,754
4,321
4,734
5,264
5,999
6,970
13.7%
42Accumulated other comprehensive income / (loss)
(30.4)
(36.8)
56
8.4
55.9
183.4
117.8
(114.5)
(65.6)
(147.2)
20.6
-
43Noncontrolling interests
-
-
-
-
-
-
-
-
-
-
-
-
44Total shareholders' equity
3,345
3,418
3,803
4,163
4,794
5,516
6,114
6,204
7,012
7,848
8,973
10.4%
45Total Liabilities and shareholders' Equity
4,499
4,525
5,010
5,383
6,167
7,031
7,854
7,731
8,604
9,631
10,994
9.3%
46Total Debt
-
-
-
-
49.2
76
70
114.5
113
162.8
196
25.9%
47Net Debt
(833.1)
(846.9)
(891.5)
(1,202)
(978.3)
(1,383)
(1,428)
(1,165)
(1,580)
(1,917)
(2,083)
9.6%
CASH FLOW STATEMENT
CASH FLOWS FROM OPERATING ACTIVITIES
48Net income (loss)
456.2
510.8
695
694.1
952.5
992.3
1,082
973.6
1,290
1,411
1,664
13.8%
49Depreciation & amortization
78.4
86.3
86.3
96.2
106.2
126.7
154.8
163.9
177.6
179.7
188.8
9.2%
50Share-based compensation expense
26.3
41.3
44.7
56.4
63.4
80.9
92.5
76.8
101.4
137.2
166
20.2%
51Changes in working capital and other assets
(280.4)
67.3
(165.1)
72.9
(423.5)
(64.7)
(317.1)
(426)
(192.4)
(295.9)
(385.3)
3.2%
52Net cash flows from operating activities
280.5
705.7
660.8
919.5
698.5
1,135
1,012
788.3
1,376
1,433
1,633
19.3%
CASH FLOWS FROM INVESTING ACTIVITIES
53Purchases of property, plant and equipment
(84.5)
(96.7)
(151.9)
(160.4)
(120.4)
(187.5)
(309.6)
(246.2)
(193.5)
(193.6)
(270.4)
12.3%
54Purchases of investments / marketable securities
(915.9)
(905.1)
(587.7)
(403.2)
(789.4)
(1,053)
(1,509)
(1,052)
(170.7)
(507.5)
(839.9)
(0.9)%
55Proceeds from maturities of marketable securities
919.1
957.4
635.3
283.6
758.8
1,126
1,363
1,164
183.4
309.2
640.4
(3.6)%
56Other investing activities
(30.7)
(77.1)
(90.3)
(27.6)
(299.8)
(146.7)
(20.1)
(11.1)
(152.1)
(1.4)
(175.3)
19%
57Net cash flows from investing activities
(112)
(121.5)
(194.5)
(307.5)
(450.7)
(260.5)
(475.4)
(145.1)
(333)
(393.3)
(645.2)
19.1%
CASH FLOWS FROM FINANCING ACTIVITIES
58Issuance (repurchases) of common stock, net
(137)
(81.9)
(65.4)
10
(25.9)
(26.3)
4.7
(161.5)
(99)
(62.3)
(180.2)
2.8%
59Dividends paid, net
(378.1)
(481.5)
(383)
(296.1)
(417.3)
(450.6)
(491.5)
(679.1)
(558.8)
(572.4)
(663.9)
5.8%
60Debt issuance (repayments), net
-
-
-
-
-
-
-
-
-
-
-
-
61Other financing activities
15
1.7
-
-
27.1
15.2
-
-
21.2
7.8
-
(7)%
62Net cash flows from financing activities
(500.1)
(561.7)
(448.4)
(286.2)
(416)
(461.8)
(486.7)
(840.6)
(636.5)
(626.9)
(844.1)
5.4%
63Increase (decrease) in cash and cash equivalents
(363.2)
13.8
44.6
310
(174.2)
431.1
40.1
(218.9)
414.2
386
199.2
-
64Cash and equivalents, ending balance
833.1
846.9
891.5
1,202
1,028
1,459
1,499
1,280
1,694
2,080
2,279
10.6%
65Free Cash Flow to the Firm (FCFF)
Help
Free Cash Flow to the Firm = Cash Flows from Operating Activities - Capital Expenditures
196
609
508.9
759.2
578.1
947.8
702.8
542.1
1,183
1,239
1,363
21.4%

Annual Reports, Presentations And IR Contacts

Go to the website
Annual report links (10K)
2025202420232022202120202019201820172016

Garmin (GRMN) financial statements and performance

Explore Garmin (GRMN) annual and quarterly financial statements, including revenue, operating income, net income, cash flow, assets, liabilities, and per-share metrics.

Compare reporting periods and financial trends to evaluate profitability, balance-sheet strength, cash generation, and long-term business performance.