Garmin Ltd.
General ticker "GRMN" information:
- Sector: Consumer Discretionary
- Industry: Household Durables
- Capitalization: $41.9B (TTM average)
Garmin Ltd. follows the US Stock Market performance with the rate: 58.2%.
Estimated limits based on current volatility of 0.9%: low 198.47$, high 202.42$
Factors to consider:
- Company included in S&P500 list
- Company pays dividends (semi-annually): last record date 2025-09-12, amount 0.90$ (Y0.89%)
- Total employees count: 21800 as of 2024
- North and South America accounted for 50.0% of revenue in the fiscal year ended 2022-12-31
- Top business risk factors: Product development risks, Supply chain disruptions, Labor/talent shortage/retention, Demand forecasting inaccuracies, Cybersecurity threats
- Earnings for 9 months up through Q3 are close to our estimates
Stock Forecast*
* forecast is subjective and experimental, should not be used for any investment decisions
Long term estimates were made for the period from 2024-12-28 to 2026-12-28
- 2024-12-28 to 2025-12-28 estimated range: [164.45$, 215.93$]
- 2025-12-28 to 2026-12-28 estimated range: [169.05$, 223.91$]
Financial Metrics affecting the GRMN estimates:
- Negative: with PPE of 28.3 at the end of fiscal year the price was very high
- Positive: Operating profit margin, % of 25.31 > 18.64
- Positive: Shareholder equity ratio, % of 81.50 > 63.39
- Positive: Return on assets ratio (scaled to [-100,100]) of 12.78 > 6.04
- Positive: -8.75 < Industry operating profit margin (median), % of -6.48
- Negative: negative Industry operating cash flow (median)
- Positive: Inventory ratio change, % of -1.44 <= -0.75
- Positive: Interest expense per share per price, % of 0 <= 0.01
- Positive: -4.48 < Investing cash flow per share per price, % of -0.98
Short-term GRMN quotes
Long-term GRMN plot with estimates
Financial data
| YTD | 2022-12-31 | 2023-12-31 | 2024-12-28 |
|---|---|---|---|
| Operating Revenue | $4,860.29MM | $5,228.25MM | $6,296.90MM |
| Operating Expenses | $3,832.44MM | $4,136.09MM | $4,702.91MM |
| Operating Income | $1,027.85MM | $1,092.16MM | $1,593.99MM |
| Non-Operating Income | $37.13MM | $108.20MM | $101.41MM |
| R&D Expense | $834.93MM | $904.70MM | $993.60MM |
| Income(Loss) | $1,064.97MM | $1,200.36MM | $1,695.40MM |
| Taxes | $91.39MM | $-89.28MM | $283.96MM |
| Profit(Loss)* | $973.59MM | $1,289.64MM | $1,411.44MM |
| Stockholders Equity | $6,204.34MM | $7,012.06MM | $7,848.40MM |
| Inventory | $1,515.05MM | $1,345.95MM | $1,473.98MM |
| Assets | $7,731.17MM | $8,603.57MM | $9,630.53MM |
| Operating Cash Flow | $788.26MM | $1,376.27MM | $1,432.47MM |
| Capital expenditure | $246.19MM | $195.03MM | $193.57MM |
| Investing Cash Flow | $-145.12MM | $-332.97MM | $-393.33MM |
| Financing Cash Flow | $-840.62MM | $-636.51MM | $-626.86MM |
| Earnings Per Share** | $5.06 | $6.74 | $7.35 |
* Profit(Loss) attributable to entity.
** EPS are Split Adjusted, recent splits may be reflected with a delay.