Garmin Ltd.
GRMN · NYSE
12/28/2024 | 12/31/2023 | 12/31/2022 | 12/31/2021 | |
|---|---|---|---|---|
| Revenue | $6,296,903 | $5,228,252 | $4,860,286 | $4,982,795 |
| % Growth | 20.4% | 7.6% | -2.5% | – |
| Cost of Goods Sold | $2,600,348 | $2,223,297 | $2,053,511 | $2,092,336 |
| Gross Profit | $3,696,555 | $3,004,955 | $2,806,775 | $2,890,459 |
| % Margin | 58.7% | 57.5% | 57.7% | 58% |
| R&D Expenses | $993,601 | $904,696 | $834,927 | $840,024 |
| G&A Expenses | $917,375 | $834,990 | $775,963 | $659,986 |
| SG&A Expenses | $1,108,960 | $1,008,099 | $944,003 | $831,815 |
| Sales & Mktg Exp. | $191,585 | $173,109 | $168,040 | $171,829 |
| Other Operating Expenses | $0 | $0 | $7,577 | $4,866 |
| Operating Expenses | $2,102,561 | $1,912,795 | $1,778,930 | $1,671,839 |
| Operating Income | $1,593,994 | $1,092,160 | $1,027,845 | $1,218,620 |
| % Margin | 25.3% | 20.9% | 21.1% | 24.5% |
| Other Income/Exp. Net | $101,407 | $108,196 | $37,129 | -$11,824 |
| Pre-Tax Income | $1,695,401 | $1,200,356 | $1,064,974 | $1,206,796 |
| Tax Expense | $283,965 | -$89,280 | $91,389 | $124,596 |
| Net Income | $1,411,436 | $1,289,636 | $973,585 | $1,082,200 |
| % Margin | 22.4% | 24.7% | 20% | 21.7% |
| EPS | 7.35 | 6.74 | 5.06 | 5.63 |
| % Growth | 9.1% | 33.2% | -10.1% | – |
| EPS Diluted | 7.3 | 6.71 | 5.04 | 5.61 |
| Weighted Avg Shares Out | 192,138 | 191,397 | 192,544 | 192,180 |
| Weighted Avg Shares Out Dil | 193,465 | 192,058 | 193,042 | 193,043 |
| Supplemental Information | – | – | – | – |
| Interest Income | $113,520 | $77,302 | $40,826 | $28,573 |
| Interest Expense | $0 | $0 | $0 | $0 |
| Depreciation & Amortization | $179,735 | $177,572 | $163,853 | $154,818 |
| EBITDA | $1,773,729 | $1,269,732 | $1,191,698 | $1,373,438 |
| % Margin | 28.2% | 24.3% | 24.5% | 27.6% |