Company Overview

Garmin Ltd. designs, develops, manufactures, markets, and distributes a range of wireless devices in the Americas, the Asia Pacific, Australian Continent, Europe, the Middle East, and Africa. Its Fitness segment offers running and multi-sport watches; cycling products; activity tracking and smartwatch devices; and fitness and cycling accessories. This segment also provides Garmin Connect and Garmin Connect Mobile, which are web and mobile platforms; and Connect IQ, an application development platform. The company's Outdoor segment offers adventure watches, outdoor handhelds, golf devices and mobile apps, and dog tracking and training devices. Its Aviation segment designs, manufactures, and markets various aircraft avionics solutions comprising integrated flight decks, electronic flight displays and instrumentation, navigation and communication products, automatic flight control systems and safety-enhancing technologies, audio control systems, engine indication systems, traffic awareness and avoidance solutions, ADS-B and transponder solutions, weather information and avoidance solutions, datalink and connectivity solutions, portable GPS navigators and wearables, and various services products. The company's Marine segment provides chartplotters and multi-function displays, cartography products, fish finders, sonar products, autopilot systems, radars, compliant instrument displays and sensors, VHF communication radios, handhelds and wearable devices, sailing products, entertainment, digital switching products, and trolling motors. Its Auto segment offers embedded computing models and infotainment systems; personal navigation devices; and cameras. The company sells its products through independent retailers, online retailers, dealers, distributors, installation and repair shops, and original equipment manufacturers, as well as an online webshop, garmin.com. Garmin Ltd. was founded in 1989 and is based in Schaffhausen, Switzerland.

  • Name

    Garmin Ltd.

  • CEO

    Mr. Clifton Albert Pemble

  • Website

    www.garmin.com

  • Sector

    Household Durables

  • Year Founded

    1989

Profile

  • Market Cap

    $34.75B

  • EV

    $31.46B

  • Shares Out

    192.21M

  • Revenue

    $5,648.35M

  • Employees

    19,900

Margins

  • Gross

    57.68%

  • EBITDA

    25.32%

  • Operating

    22.15%

  • Pre-Tax

    24%

  • Net

    24.36%

  • FCF

    23.89%

Returns (5Yr Avg)

  • ROA

    15.01%

  • ROTA

    20.83%

  • ROE

    19.1%

  • ROCE

    18.49%

  • ROIC

    21.48%

Valuation (TTM)

  • P/E

  • P/B

  • EV/Sales

  • EV/EBITDA

  • P/FCF

  • EV/Gross Profit

Valuation (NTM)

  • Price Target

    $165.05

  • P/E

  • PEG

  • EV/Sales

  • EV/EBITDA

  • P/FCF

Financial Health

  • Cash

    $2,226.14M

  • Net Debt

    -$3,283.67M

  • Debt/Equity

    0.02

  • EBIT/Interest

Growth (CAGR)

  • Rev 3Yr

    5.14%

  • Rev 5Yr

    10.28%

  • Rev 10Yr

    7.41%

  • Dil EPS 3Yr

    5.1%

  • Dil EPS 5Yr

    12.96%

  • Dil EPS 10Yr

    7.92%

  • Rev Fwd 2Yr

    11.23%

  • EBITDA Fwd 2Yr

    12.4%

  • EPS Fwd 2Yr

    8.74%

  • EPS LT Growth Est

    9.78%

Dividends

  • Yield

  • Payout

    41.79%

  • DPS

    $3

  • DPS Growth 3Yr

    3.83%

  • DPS Growth 5Yr

    5.64%

  • DPS Growth 10Yr

    4.56%

  • DPS Growth Fwd 2Yr

    3.14%

NYSE:GRMN