Garmin Ltd.
GRMN · NYSE
12/28/2024 | 12/31/2023 | 12/31/2022 | 12/31/2021 | |
|---|---|---|---|---|
| Revenue | $6,297 | $5,228 | $4,860 | $4,983 |
| % Growth | 20.4% | 7.6% | -2.5% | – |
| Cost of Goods Sold | $2,600 | $2,223 | $2,054 | $2,092 |
| Gross Profit | $3,697 | $3,005 | $2,807 | $2,890 |
| % Margin | 58.7% | 57.5% | 57.7% | 58% |
| R&D Expenses | $994 | $905 | $835 | $840 |
| G&A Expenses | $917 | $835 | $776 | $660 |
| SG&A Expenses | $1,109 | $1,008 | $944 | $832 |
| Sales & Mktg Exp. | $192 | $173 | $168 | $172 |
| Other Operating Expenses | $0 | $0 | $8 | $5 |
| Operating Expenses | $2,103 | $1,913 | $1,779 | $1,672 |
| Operating Income | $1,594 | $1,092 | $1,028 | $1,219 |
| % Margin | 25.3% | 20.9% | 21.1% | 24.5% |
| Other Income/Exp. Net | $101 | $108 | $37 | -$12 |
| Pre-Tax Income | $1,695 | $1,200 | $1,065 | $1,207 |
| Tax Expense | $284 | -$89 | $91 | $125 |
| Net Income | $1,411 | $1,290 | $974 | $1,082 |
| % 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 | 191 | 193 | 192 |
| Weighted Avg Shares Out Dil | 193 | 192 | 193 | 193 |
| Supplemental Information | – | – | – | – |
| Interest Income | $114 | $77 | $41 | $29 |
| Interest Expense | $0 | $0 | $0 | $0 |
| Depreciation & Amortization | $180 | $178 | $164 | $155 |
| EBITDA | $1,774 | $1,270 | $1,192 | $1,373 |
| % Margin | 28.2% | 24.3% | 24.5% | 27.6% |