Garmin Ltd.
GRMN · NYSE
12/28/2024 | 12/31/2023 | 12/31/2022 | 12/31/2021 | |
|---|---|---|---|---|
| Operating Activities | – | – | – | – |
| Net Income | $1,411,436 | $1,289,636 | $973,585 | $1,082,200 |
| Dep. & Amort. | $179,735 | $177,572 | $163,853 | $154,818 |
| Deferred Tax | -$88,137 | -$340,774 | -$143,286 | -$5,368 |
| Stock-Based Comp. | $137,162 | $101,422 | $76,801 | $92,522 |
| Change in WC | -$229,719 | $173,673 | -$275,730 | -$347,806 |
| Other Non-Cash | $21,994 | -$25,264 | -$6,964 | $36,061 |
| Operating Cash Flow | $1,432,471 | $1,376,265 | $788,259 | $1,012,427 |
| Investing Activities | – | – | – | – |
| PP&E Inv. | -$193,571 | -$193,524 | -$246,193 | -$309,587 |
| Net Acquisitions | -$16,444 | -$150,853 | -$13,455 | -$20,175 |
| Inv. Purchases | -$507,518 | -$170,681 | -$1,051,994 | -$1,508,712 |
| Inv. Sales/Matur. | $0 | $183,372 | $1,164,116 | $1,363,070 |
| Other Inv. Act. | $324,200 | -$1,286 | $2,402 | $35 |
| Investing Cash Flow | -$393,333 | -$332,972 | -$145,124 | -$475,369 |
| Financing Activities | – | – | – | – |
| Debt Repay. | $0 | $0 | $0 | $0 |
| Stock Issued | $0 | $0 | $62,221 | $35,733 |
| Stock Repurch. | -$62,348 | -$98,988 | -$223,742 | -$30,985 |
| Dividends Paid | -$572,355 | -$558,769 | -$679,096 | -$491,457 |
| Other Fin. Act. | $7,846 | $21,248 | $0 | $0 |
| Financing Cash Flow | -$626,857 | -$636,509 | -$840,617 | -$486,709 |
| Forex Effect | -$26,283 | $7,460 | -$21,449 | -$10,254 |
| Net Chg. in Cash | $385,998 | $414,244 | -$218,931 | $40,095 |
| Supplemental Information | – | – | – | – |
| Beg. Cash | $1,694,156 | $1,279,912 | $1,498,843 | $1,458,748 |
| End Cash | $2,080,154 | $1,694,156 | $1,279,912 | $1,498,843 |
| Free Cash Flow | $1,238,900 | $1,181,237 | $542,066 | $702,840 |