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Garmin Ltd. (GRMN)

Stock Price: $104.02 USD 3.29 (3.27%)
Updated Oct 30, 2020 4:00 PM EDT - Market closed

Income Statement (Annual)

Numbers in millions USD. Fiscal year is January-December.
Year20192018201720162015201420132012201120102009200820072006200520042003200220012000199919981997
Revenue3,7583,3473,1223,0462,8202,8712,6322,7162,7592,6902,9463,4943,1801,7741,028763573465369346233169160
Revenue Growth12.25%7.24%2.49%8%-1.76%9.07%-3.09%-1.55%2.55%-8.71%-15.67%9.87%79.27%72.61%34.78%33.08%23.19%26.01%6.76%48.65%37.6%5.46%-
Cost of Revenue1,5241,3681,3241,3571,2821,2661,2251,2771,4201,3441,5021,9411,71789249335124221017116210682.7993.62
Gross Profit2,2341,9801,7981,6891,5391,6041,4071,4381,3391,3461,4441,5541,46388253541133125519818412786.2466.66
Selling, General & Admin68363460358856251946850948643242048539621512278.9959.8445.4538.7132.6727.0624.6817.10
Research & Development60556851246842739536532629927723820615911374.8861.5843.7132.1628.1621.7617.3414.8812.66
Operating Expenses1,2881,2011,1141,05698991483383478571065869155632819714110477.6266.8754.4344.4039.5629.76
Operating Income94677868463355069157460455463778686290755533827122717713112982.5346.6936.90
Interest Expense / Income---------1.25-0.610.210.040.050.040.531.332.172.290.580.550.90
Other Expense / Income-41.64-44.90-13.43-5.76-17.61-33.12-79.53-20.37-30.3958.16-22.64-52.96-71.13-40.04-34.4815.420.52-6.62-22.92-13.92-2.18-1.38-12.87
Pretax Income98782369763956772465462558457780991497859537325522618315214184.1347.5248.87
Income Tax34.74129-11.9412111136041.1582.1363.27-7.3310518212380.4361.3849.5147.3139.9438.5935.2619.9712.3512.78
Net Income95269470951845636461254252158570473385551431120617914311310664.1735.1736.09
Shares Outstanding (Basic)204198198198208208208208208193201203217216216216216216215216200199198
Shares Outstanding (Diluted)--------------------200199198
Shares Change3.11%0%0%-4.81%0%0%0%0%7.57%-3.61%-0.92%-6.61%0.49%-0.02%-0.19%0.07%0.24%0.15%-0.21%7.88%0.38%0.76%-
EPS (Basic)5.013.683.772.742.391.893.132.782.682.973.513.513.952.381.440.950.830.660.530.530.320.180.19
EPS (Diluted)4.993.663.762.732.391.883.122.762.672.953.503.483.892.351.430.940.820.660.530.530.320.180.19
EPS Growth36.34%-2.66%37.73%14.23%27.13%-39.74%13.04%3.37%-9.49%-15.71%0.57%-10.54%65.53%64.34%52.13%14.63%24.24%25.71%0%64.06%82.86%-5.41%-
Free Cash Flow Per Share2.853.862.633.111.002.162.763.113.793.825.213.672.421.251.020.610.650.690.480.300.080.140.19
Dividend Per Share2.242.102.552.552.011.891.801.751.601.500.750.750.750.500.250.250.25------
Dividend Growth6.67%-17.65%0%26.87%6.35%5%2.86%9.38%6.6%100.13%0%0%50%100%0%0%-------
Gross Margin59.5%59.1%57.6%55.4%54.6%55.9%53.5%53%48.5%50.1%49%44.5%46%49.7%52.1%53.9%57.7%54.8%53.7%53.1%54.6%51%41.6%
Operating Margin25.2%23.3%21.9%20.8%19.5%24.1%21.8%22.2%20.1%23.7%26.7%24.7%28.5%31.3%32.9%35.5%39.6%38.1%35.6%37.4%35.5%27.6%23.0%
Profit Margin25.3%20.7%22.7%17%16.2%12.7%23.3%20%18.9%21.7%23.9%21%26.9%29%30.3%27%31.2%30.7%30.7%30.6%27.6%20.8%22.5%
FCF Margin15.5%22.9%16.7%20.2%7.4%15.7%21.8%23.8%28.6%27.5%35.5%21.3%16.5%15.2%21.4%17.2%24.6%32.1%28.0%18.7%7.0%16.7%23.2%
Effective Tax Rate3.5%15.7%-18.9%19.6%49.7%6.3%13.1%10.8%-12.9%19.9%12.6%13.5%16.5%19.4%20.9%21.9%25.4%25.0%23.7%26.0%26.1%
EBITDA1,0939197837256468017327156796739059931,04363941629024720016515190.2852.4053.05
EBITDA Margin29.1%27.5%25.1%23.8%22.9%27.9%27.8%26.3%24.6%25%30.7%28.4%32.8%36%40.5%38%43%43%44.7%43.6%38.8%31%33.1%
EBIT98782369763956772465462558457980991597859537325522618415414384.7148.0749.77
EBIT Margin26.3%24.6%22.3%21.0%20.1%25.2%24.8%23.0%21.2%21.5%27.4%26.2%30.8%33.5%36.3%33.5%39.5%39.6%41.8%41.4%36.4%28.4%31.1%