Garmin LtdGRMN

NYSEConsumer SpendingSearch, Detection, Navigation, Guidance, Aeronautical Sys
Price (close)
$295.04
Market cap
$56.9B
P/E
32.8x
Revenue (TTM)
$7.5B
Net income
$1.7B
Dividend yield
1.32%
1-year total return
26.7%
Net margin
23.3%
Revenue growth
15.7%
Debt / equity
—

What Garmin Ltd does.

For more than 35 years, Garmin Ltd. and its subsidiaries (collectively, we, our, us, the Company or Garmin) have pioneered new products, many of which feature location technology such as Global Positioning System (GPS), services and applications that are designed for people who live an active lifestyle. Garmin serves five primary markets: fitness, outdoor, aviation, marine, and auto OEM. Garmin designs, develops, manufactures, markets, and distributes a diverse family of GPS-enabled products and other navigation, communications, sensor-based and information products and services for these markets, as well as products installed by original equipment manufacturers (OEMs) and for aftermarket applications. Since the inception of its business, Garmin has delivered over 300 million products, which included more than 20 million products delivered during fiscal 2025.

Garmin’s annual report on Form 10-K, quarterly reports on Form 10-Q, current reports on Form 8-K, proxy statement and Forms 3, 4 and 5 filed by Garmin’s directors and executive officers and all amendments to those reports will be made available free of charge through the Investor Relations section of Garmin’s website (www.garmin.com) as soon as reasonably practicable after such material is electronically filed with, or furnished to, the Securities and Exchange Commission (the SEC). The SEC maintains a website ( www.sec.gov ) that contains reports, proxy and information statements, and other information regarding issuers that file electronically with the SEC. The reference to Garmin’s website address does not constitute incorporation by reference of the information contained on this website, and such information should not be considered part of this report on Form 10-K or in any other report or document the Company files with the SEC, and any references to the Company’s website are intended to be inactive textual references only.

Revenue and profit, by fiscal year.

Fiscal year202020212022202320242025
Revenue$4.2B$5.0B$4.9B$5.2B$6.3B$7.2B
Net income$992.3M$1.1B$973.6M$1.3B$1.4B$1.7B
Free cash flow$949.9M$704.8M$544.0M$1.2B$1.2B$1.4B

More on GRMN.

Figures from Garmin Ltd's filings with the U.S. SEC, standardised automatically; prices are end-of-day closes. Not financial advice.