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Garmin Ltd
$226.22
After Hours:
$226.22
(0.00%)0.00
Closed: Mar 3, 4:24:01 PM GMT-5 · USD · NYSE · Disclaimer
StockUS listed securityUS headquartered
Previous close
$228.93
Day range
$224.62 - $231.44
Year range
$137.00 - $246.50
Market cap
43.44B USD
Avg Volume
898.03K
P/E ratio
30.98
Dividend yield
1.33%
Primary exchange
NYSE
Financials
Income Statement
Revenue
Net income
(USD)Dec 2024Y/Y change
Revenue
1.82B22.94%
Operating expense
563.84M7.67%
Net income
435.73M-19.63%
Net profit margin
23.91-34.62%
Earnings per share
2.4140.12%
EBITDA
562.62M45.84%
Effective tax rate
15.58%
Total assets
Total liabilities
(USD)Dec 2024Y/Y change
Cash and short-term investments
2.50B27.07%
Total assets
9.63B11.94%
Total liabilities
1.78B11.98%
Total equity
7.85B
Shares outstanding
192.40M
Price to book
5.61
Return on assets
13.60%
Return on capital
16.48%
Net change in cash
(USD)Dec 2024Y/Y change
Net income
435.73M-19.63%
Cash from operations
483.89M3.85%
Cash from investing
-202.57M-210.31%
Cash from financing
-177.42M-18.00%
Net change in cash
70.08M-74.10%
Free cash flow
205.24M3.32%
About
Garmin Ltd. is an American multinational technology company based in Olathe, Kansas. The company designs, develops, manufactures, markets, and distributes GPS-enabled products and other navigation, communication, sensor-based, and information products to the automotive, aviation, marine, outdoors, and sport markets. Garmin was founded in 1989 by Gary Burrell and Min Kao in Lenexa, Kansas. In 1996, the company established corporate headquarters in Olathe, Kansas. Since 2010, the company has been legally incorporated in Schaffhausen, Switzerland, with principal subsidiaries located in the United States, Taiwan, and the United Kingdom. As of 2023, the company has over 20,000 employees in 34 countries with an operating income of 5.23 billion USD. Garmin was initially associated with personal in-car navigation devices, but now offers several product lines across different markets, with an emphasis on smartwatch technology. In 2022, Garmin smartwatches represented the largest market share of the premium smartwatch market, leading to it having the fifth largest share of overall smartwatches sold and the third by revenue. Wikipedia
Founded
Oct 1989
Website
Employees
21,800
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