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  Garmin Ltd ( GRMN ) |
2001 - 2021 (21 years)

Net Revenue (Sales) is 
$4.6B (1Y +10.6% )

GRMN Stock Price & Net Revenue (Sales)

Net Revenue (Sales) for GRMN competitors.
FLIR KVHI CMTL TRMB JOUT HON COL MSI LLL
Note: Stonk = Stock. Both words are used interchangeably. 🙂

Historical (All-Time) Stats for Net Revenue (Sales)

chevron_right 2021 $2.4B +5.6x
( +9.4% / year avg)
chevron_left 2001 $369.0M
vertical_align_top Peak $3.9B +10.9x
vertical_align_bottom Bottom $331.5M
arrow_drop_up # Up Years 14 14 of 21
years up.
arrow_drop_down # Down Years 7
Up Years = Positive (0%+) YoY change
Down Years = Zero or Negative (0% or less) YoY change

Key Points (Stonk Price Comparison)

  • GRMN's stock price has rallied +1,686% from $5.6 in 2001 , or +2.83x faster than it's net revenue (sales) over the same period.
  • If GRMN grows it's stock at the same rate as it's net revenue (sales) (+9.4%/year) , it's stock price will grow +245% and hit $245.52 over the next 10 years.
  • GRMN's stock price has gone up 9 of the 14 years (+64%) it's net revenue (sales) were also up.
  • Line Item (in $M) FY 2020 FY 2019 FY 2018 FY 2017 FY 2016 FY 2015 FY 2014 FY 2013 FY 2012 FY 2011 FY 2010 FY 2009 FY 2008 FY 2007 FY 2006 FY 2005 FY 2004 FY 2003 FY 2002
    1 Revenue 4186573000 3757505000 3347444000 3121560000 3045797000 2820270000 2870658000 2631900000 2715700000 2758600000 2689900000 2946400000 3494100000 3180300000 1774000000 1027800000 762500000 573000000 465100000
    2 Cost of Revenue 1705237000 1523529000 1367725000 1323619000 1357272000 1281566000 1266246000 1224600000 1277200000 1420000000 1343500000 1502300000 1940600000 1717100000 891600000 492700000 351300000 242400000 210100000
    3 Gross Profit (Income) 2481336000 2233976000 1979719000 1797941000 1688525000 1538704000 1604412000 1407300000 1438500000 1338600000 1346400000 1444100000 1553500000 1463200000 882400000 535100000 411200000 330500000 255100000
    4 R&D 705685000 605366000 567805000 511634000 467960000 427043000 395121000 364900000 325800000 298600000 277300000 238400000 206100000 159400000 113300000 74900000 61600000 43700000 32200000
    5 SG&A 570245000 683024000 633571000 602670000 587701000 562080000 518665000 468300000 508500000 486200000 432400000 419700000 485400000 396500000 214500000 122000000 79000000 59800000 45500000
    6 Other Expenses 0.00 164456000.00 155394000.00 164693000.00 177143000.00 167166000.00 146633000.00 112905000.00 138757000.00 145024000.00 144613000.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
    7 Operating Expenses 1275930000.00 1288390000.00 1201376000.00 1114304000.00 1055661000.00 989123000.00 913786000.00 827300000.00 834300000.00 784825000.00 709700000.00 658100000.00 691500000.00 555900000.00 327800000.00 196900000.00 140600000.00 103600000.00 77600000.00
    8 Interest Expense 0.00 36018000.00 39531000.00 14346000.00 1755000.00 6188000.00 31285000.00 70800000.00 15100000.00 20700000.00 1246000.00 20200000.00 607000.00 207000.00 41000.00 48000.00 -15400000.00 200000.00 5100000.00
    9 D&A 78121000.00 106175000.00 96194000.00 86252000.00 86340000.00 78360000.00 77015000.00 78800000.00 90400000.00 94500000.00 94700000.00 96500000.00 78400000.00 64000000.00 44400000.00 43600000.00 34600000.00 20100000.00 16200000.00
    10 EBITDA 1132361000 1051761000 874537000 769889000 719204000 627941000 767641000 658700000 694600000 648300000 731400000 882500000 940400000 971400000 599000000 381800000 305300000 247100000 193600000
    11 Operating Income 1054240000 945586000 778343000 683637000 632864000 549581000 690626000 579900000 604200000 553800000 636700000 786000000 862000000 907400000 554600000 338200000 270700000 227000000 177400000
    12 Other Income Expenses (Net) 9343000.00 5618000.00 5373000.00 -912000.00 4006000.00 11418000.00 1834000.00 2800000.00 5300000.00 9700000.00 7600000.00 2400000.00 1800000.00 1100000.00 -300000.00 -400000.00 0.00 -1300000.00 100000.00
    13 Pre-Income Tax 1103410000 987222000 823247000 697071000 638625000 567187000 723745000 653600000 624500000 584200000 577300000 808700000 914400000 978300000 594600000 372600000 255200000 225900000 182700000
    14 Income Tax Expense 0.00 34736000.00 129167000.00 -12661000.00 118856000.00 110960000.00 359534000.00 41146000.00 82125000.00 63265000.00 -7331000.00 104700000.00 181500000.00 123300000.00 80400000.00 61400000.00 49500000.00 47300000.00 39900000.00
    15 Net Income 992324000 952486000 694080000 709007000 517724000 456227000 364211000 612400000 542400000 520900000 584600000 704000000 732800000 855000000 514100000 311200000 205700000 178600000 142800000
    16 EPS 5.19 4.99 3.66 3.76 2.73 2.39 1.88 3.12 2.76 2.68 2.95 3.50 3.48 3.89 2.35 1.43 0.94 0.82 0.66
    17 EPS Diluted 5.19 4.99 3.66 3.76 2.73 2.39 1.87 3.12 2.76 2.67 2.95 3.50 3.48 3.89 2.35 1.43 0.94 0.82 0.66
    18 Shares Outstanding 191021000 190116966 188608695 187825675 188492250 191623668 193700000 193700000 195108992 194028000 196836026 200555555 208788603 216458481 216018067 108062152 218100000 217800000 216400000
    19 Shares Outstanding (Diluted) 191199229 190116966 188608695 187825675 188492250 191623668 194763000 193700000 195108992 194809000 196836026 200555555 208788603 216458481 216018067 108062152 218100000 217800000 216400000
  • Line Item (in $M) FY 2020 FY 2019 FY 2018 FY 2017 FY 2016 FY 2015 FY 2014 FY 2013 FY 2012 FY 2011 FY 2010 FY 2009 FY 2008 FY 2007 FY 2006 FY 2005 FY 2004 FY 2003 FY 2002
    1 Cash & Cash Equivalents 1458442000 1027567000 1201732000 891488000 846883000 833070000 1196268000 1179100000 1231200000 1287200000 1260900000 1091600000 696300000 707700000 337300000 334400000 249900000 274300000 216800000
    2 Short Term Investments 387642000 376463000 182989000 161687000 266952000 215161000 167989000 149900000 153100000 111200000 24400000 19600000 12900000 37600000 73000000 32100000 64400000 53100000 113300000
    3 Cash & S-T Investments 1846084000 1404030000 1384721000 1053175000 1113835000 1048231000 1364257000 1329000000 1384300000 1398400000 1285300000 1111200000 709200000 745300000 410300000 366500000 314300000 327400000 330100000
    4 Accounts Receivables 849469000 706763000 569833000 590882000 527062000 531481000 570191000 702000000 603700000 607500000 747200000 874100000 741300000 952500000 403500000 171000000 110100000 82700000 58300000
    5 Inventory 762084000 752908000 561840000 517644000 484821000 500554000 420475000 382200000 389900000 397700000 387600000 309900000 425300000 505500000 271000000 199800000 155000000 96800000 57500000
    6 Other Current Assets 211714000 194149000 148974000 184437000 137298000 130821000 156053000 182400000 158200000 152800000 78600000 100900000 108600000 129600000 84200000 64000000 57600000 32900000 27100000
    7 Total Current Assets 3669351000 3057850000 2665368000 2346138000 2263016000 2211087000 2510976000 2595600000 2536100000 2556300000 2498800000 2396100000 1984400000 2332800000 1169100000 801200000 637000000 539900000 473000000
    8 PP&E 855539000 792510000 663527000 595684000 482878000 446089000 430887000 414800000 409800000 417100000 427800000 441300000 445300000 374100000 251000000 179200000 171600000 104800000 74400000
    9 Goodwill 0.00 467108000.00 301017000.00 286982000.00 224553000.00 187791000.00 178638000.00 179300000.00 176100000.00 179500000.00 136500000.00 129100000.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
    10 Intangible Assets 828566000.00 192521000.00 116063000.00 122819000.00 80449000.00 57761000.00 39445000.00 40200000.00 56500000.00 67200000.00 46800000.00 84600000.00 214900000.00 181400000.00 64300000.00 29300000.00 27000000.00 27300000.00 5100000.00
    11 Goodwill & Intangible Assets 828566000.00 659629000.00 417080000.00 409801000.00 305002000.00 245552000.00 218083000.00 219500000.00 232600000.00 246700000.00 183300000.00 213700000.00 214900000.00 181400000.00 64300000.00 29300000.00 27000000.00 27300000.00 5100000.00
    12 L-T Investments 387642000 1205475000 1330123000 1260033000 1213285000 1343387000 1407344000 1502100000 1488300000 1097000000 777400000 746500000 262000000 387000000 407800000 344700000 257800000 168300000 132400000
    13 Tax Assets 0.00 114754000.00 92944000.00 76612000.00 61220000.00 56210000.00 39497000.00 1800000.00 2500000.00 5000000.00 7000000.00 10200000.00 13900000.00 11900000.00 1200000.00 9500000.00 5300000.00 2800000.00 2200000.00
    14 Other Non-Current Assets 0.00 451335000.00 306760000.00 336633000.00 260952000.00 253276000.00 126013000.00 147500000.00 152300000.00 154300000.00 101400000.00 30500000.00 27800000.00 16200000.00 4800000.00 7900000.00 24000000.00 16600000.00 21000000.00
    15 Total Non-Current Assets 2071747000 3108949000 2717490000 2602151000 2262117000 2288304000 2182327000 2284000000 2283000000 1915000000 1489900000 1432000000 950000000 958700000 727900000 561000000 480400000 317000000 232900000
    16 Other Assets 1290275000.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
    17 Total Assets 7031373000 6166799000 5382858000 4948289000 4525133000 4499391000 4693303000 4879600000 4819100000 4471300000 3988700000 3828100000 2934400000 3291500000 1897000000 1362200000 1117400000 856900000 705900000
    18 Accounts Payables 258885000 240831000 204985000 169640000 172404000 178905000 149094000 146600000 131300000 164000000 132300000 203400000 160100000 341100000 88400000 76500000 53700000 40700000 32400000
    19 S-T Debt 75958000.00 49238000.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
    20 Income Tax Payables 68585000.00 56913000.00 51642000.00 33638000.00 16163000.00 21674000.00 182260000.00 38043000.00 32031000.00 77784000.00 56028000.00 22846000.00 0.00 76895000.00 94668000.00 63154000.00 70933000.00 0.00 0.00
    21 Deferred Revenue 245455000.00 94562000.00 96372000.00 139681000.00 146564000.00 164982000.00 203598000.00 256908000.00 252375000.00 188987000.00 89711000.00 59189000.00 49825000.00 107376000.00 55996000.00 29615000.00 38527000.00 0.00 0.00
    22 Other Current Liabilities 583919000 368737000 348497000 232753000 258895000 379647000 588857000 471600000 460700000 350400000 150500000 53000000 20800000 76900000 94700000 63200000 70900000 38900000 25900000
    23 Total Current Liabilities 1164217000 1035933000 921313000 792115000 782735000 865998000 1033261000 905300000 909000000 858300000 669000000 685900000 479200000 801900000 337700000 195500000 176300000 104400000 81200000
    24 L-T Debt 75958000.00 49238000.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 200000.00 0.00 0.00 0.00 20000000.00
  • Line Item (in $M) FY 2020 FY 2019 FY 2018 FY 2017 FY 2016 FY 2015 FY 2014 FY 2013 FY 2012 FY 2011 FY 2010 FY 2009 FY 2008 FY 2007 FY 2006 FY 2005 FY 2004 FY 2003 FY 2002
    1 Net Income (Earnings) 992324000 952486000 694080000 709007000 517724000 456227000 364211000 612400000 542400000 520900000 584600000 704000000 732800000 855000000 514100000 311200000 205700000 178600000 142800000
    2 D&A 78121000.00 106175000.00 96194000.00 86252000.00 86340000.00 78360000.00 77015000.00 78800000.00 90400000.00 94500000.00 94700000.00 96500000.00 78400000.00 64000000.00 44400000.00 43600000.00 34600000.00 20100000.00 16200000.00
    3 Deferred Income Tax 6931000.00 -88358000.00 38978000.00 -90000000.00 3745000.00 5897000.00 89828000.00 7900000.00 -32100000.00 -42500000.00 -500000.00 -25100000.00 50900000.00 -57800000.00 -35100000.00 8800000.00 -8000000.00 -4200000.00 -600000.00
    4 Stock-Based Compensation (SBC) 80885000.00 63400000.00 56391000.00 44735000.00 41250000.00 26290000.00 24293000.00 22592000.00 29274000.00 40212000.00 40332000.00 43616000.00 38872000.00 22164000.00 0.00 0.00 0.00 0.00 0.00
    5 Change in Working Capital 483217000 277862000 190032000 73742000 135192000 -132626000 -212585000 63200000 -70900000 -131800000 119600000 205000000 -25700000 699500000 225700000 145000000 25200000 43700000 88100000
    6 Accounts Receivables -108859000.00 -123401000.00 5167000.00 -40088000.00 9000000.00 22473000.00 -27398000.00 38589000.00 9077000.00 169543000.00 129698000.00 -131978000.00 206101000.00 -477108000.00 -230111000.00 -61607000.00 -27400000.00 -24400000.00 -10300000.00
    7 Inventory 28726000.00 -170169000.00 -82316000.00 -38575000.00 -2455000.00 -121718000.00 -76491000.00 -17593000.00 3997000.00 -6385000.00 5753000.00 61323000.00 24461000.00 34975000.00 23245000.00 14755000.00 -58200000.00 -39300000.00 3600000.00
    8 Accounts Payables 1447000.00 26192000.00 40628000.00 -17240000.00 -11496000.00 36079000.00 8981000.00 18043000.00 -38929000.00 -26329000.00 -81354000.00 38875000.00 -236287000.00 174781000.00 10187000.00 24127000.00 -13000000.00 -8300000.00 -13600000.00
    9 Other Working Capital 2505134000 2021917000 1744055000 1554023000 1480281000 1345089000 1477715000 1690300000 1627100000 1698000000 1829800000 1710200000 1505200000 1530900000 831400000 605700000 460700000 435500000 391800000
    10 Other Non-Cash Items 0.00 81031000.00 97231000.00 99269000.00 83644000.00 84704000.00 50024000.00 -1700000.00 81700000.00 70600000.00 106500000.00 108300000.00 60800000.00 55300000.00 32000000.00 2200000.00 27300000.00 17300000.00 2200000.00
    11 Net Cash Provided by Operating Activities 1135267000 698549000 919520000 660842000 705682000 280467000 522711000 630100000 684700000 822300000 770600000 1094500000 862200000 682100000 361900000 247000000 208900000 173500000 161900000
    12 Investments in PP&E -1799000.00 -118031000.00 -155755000.00 -139696000.00 -90960000.00 -80592000.00 -73339000.00 -56083000.00 -38445000.00 -38366000.00 -32232000.00 -49199000.00 -119623000.00 560000.00 67000.00 37000.00 -79900000.00 -33400000.00 -12500000.00
    13 Acquisitions (Net) -148648000.00 -300289000.00 -29170000.00 -90471000.00 -77945000.00 -38687000.00 -18871000.00 -5680000.00 -7697000.00 -54190000.00 -12120000.00 0.00 -60000000.00 -128751000.00 -36000000.00 -1000000.00 0.00 0.00 0.00
    14 Purchase of Investments -1052640000.00 -789352000.00 -403181000.00 -74523000.00 -93233000.00 -131413000.00 -1006482000.00 -909151000.00 -1448338000.00 -1194855000.00 -694038000.00 -776966000.00 -373580000.00 -1672041000.00 -453085000.00 -59106000.00 0.00 0.00 0.00
    15 Sales/Maturities of Investments 0.00 0.00 0.00 0.00 0.00 0.00 1096676000.00 833491000.00 985598000.00 779213000.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
    16 Other Investing Activities 0.00 756926000.00 -122578000.00 110154000.00 140601000.00 138713000.00 133348000.00 -137019000.00 12654000.00 20000000.00 181475000.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
    17 Net Cash used for Investing Activities -260524000 -450746000 -307503000 -194383000 -121683000 -111979000 131332000 -274400000 -496200000 -488200000 -72900000 -547900000 -56300000 -175700000 -226400000 -91200000 -184300000 -48700000 -127500000
    18 Debt Repayment 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 -248000.00 -11000.00 0.00 0.00 0.00 0.00
    19 Common Stock Issued 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 3712000.00 9029000.00 0.00 0.00 0.00 0.00 0.00 0.00
    20 Common Stock Repurchased 0.00 1236000.00 9987000.00 -65436000.00 -81916000.00 -119926000.00 -239463000.00 -59700000.00 4100000.00 0.00 -216500000.00 -12800000.00 -659900000.00 9200000.00 -34400000.00 -17000000.00 2900000.00 4300000.00 2100000.00
    21 Dividends Paid -450631000.00 -417264000.00 -296148000.00 -382976000.00 -481452000.00 -378117000.00 -360075000.00 -351700000.00 -253400000.00 -310800000.00 -298900000.00 -149800000.00 -150300000.00 -162500000.00 -107900000.00 -54000000.00 -54100000.00 -54000000.00 0.00
    22 Other Financing Activities 0.00 1028803000.00 1211719000.00 9087000.00 13009000.00 9438000.00 956721000.00 1124018000.00 22282000.00 25650000.00 1260936000.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
    23 Net Cash Used Provided by Financing Activities -461760000 -416028000 -286161000 -448412000 -561676000 -500092000 -599622000 -406800000 -249800000 -307413000 -510800000 -161200000 -808100000 -136100000 -132700000 -70937000 -51100000 -69800000 -10200000
    24 Net Change in Cash 431110000.00 -174167000.00 310046000.00 44763000.00 13667000.00 -363198000.00 17119000.00 -52000000.00 -56000000.00 26200000.00 169400000.00 395200000.00 -11400000.00 370400000.00 3000000.00 84400000.00 -24400000.00 57600000.00 23900000.00
  • About
    Industry: Scientific & Technical Instruments
    Sector: Technology
    Country: CH
    IPO Date: 12/8/2000
    Stonk Exchange: NASDAQ
    • Garmin Ltd
    • is a holding company, which engages in the provision of navigation, communications and information devices, most of which are enabled by Global Positioning System (GPS) technology.
    • The company is headquartered in Schaffhausen, Schaffhausen and currently employs 13,000 full-time employees.
    • The firm operates through five segments.
    • The company offers a range of auto navigation products, as well as a range of products and applications designed for the mobile GPS market.
    • The company offers products to consumers around the world, including Outdoor Handhelds, Wearable Devices, Golf Devices, and Dog Tracking and Training/Pet Obedience Devices.
    • The company offers a range of products designed for use in fitness and activity tracking.
    • Garmin offers a range of products designed for use in fitness and activity tracking.
    • Its aviation business segment is a provider of solutions to aircraft manufacturers, existing aircraft owners and operators, as well as military and government customers and serves a range of aircraft, including transport aircraft, business aviation, general aviation, experimental/light sport, helicopters, optionally piloted vehicles and unmanned aerial vehicles.