Garmin is a company specializing in GPS technology development. It designs, develops, manufactures, markets, and distributes hand-held, wearable, portable, and fixed-mount GPS-enabled products and other navigation, communications, sensor-based, and information products. The company serves the auto, aviation, fitness, marine, and outdoor markets.
Type | Public | |
Founded | 1989 | |
HQ | Olathe, KS, US | Map |
Website | garmin.com | |
Employee Ratings | More | |
Overall Culture | A- | More |
USD | |
---|---|
Revenue (Q3, 2020) | 1.1b |
Gross profit (Q3, 2020) | 668.0m |
Gross profit margin (Q3, 2020), % | 60.2% |
Net income (Q3, 2020) | 313.4m |
EBIT (Q3, 2020) | 317.1m |
Market capitalization (15-Jan-2021) | 23.1b |
Closing stock price (15-Jan-2021) | 121.0 |
Cash (26-Sept-2020) | 1.2b |
EV | 22.0b |
USD | Q1, 2018 | Q2, 2018 | Q3, 2018 | Q1, 2019 | Q2, 2019 | Q3, 2019 | Q1, 2020 | Q2, 2020 | Q3, 2020 |
---|---|---|---|---|---|---|---|---|---|
Revenue | 710.9m | 894.5m | 810.0m | 766.1m | 954.8m | 934.4m | 856.1m | 869.9m | 1.1b |
Cost of goods sold | 284.3m | 371.2m | 329.3m | 314.4m | 379.5m | 366.9m | 349.2m | 354.4m | 441.2m |
Gross profit | 426.5m | 523.3m | 480.7m | 451.7m | 575.4m | 567.5m | 506.9m | 515.4m | 668.0m |
Gross profit Margin, % | 60% | 59% | 59% | 59% | 60% | 61% | 59% | 59% | 60% |
USD | Q1, 2018 | Q2, 2018 | Q3, 2018 | Q1, 2019 | Q2, 2019 | Q3, 2019 | Q1, 2020 | Q2, 2020 | Q3, 2020 |
---|---|---|---|---|---|---|---|---|---|
Net Income | 129.4m | 319.7m | 503.9m | 140.2m | 363.8m | 591.7m | 161.2m | 345.4m | 658.8m |
Depreciation and Amortization | 23.1m | 48.2m | 71.5m | 24.0m | 50.7m | 77.6m | 28.2m | 57.5m | 90.1m |
Inventories | (26.5m) | (4.7m) | (69.1m) | (46.6m) | (86.1m) | (210.6m) | (47.3m) | (57.1m) | (56.1m) |
Accounts Payable | (36.7m) | 1.6m | 32.6m | (32.8m) | 6.0m | 27.5m | (39.9m) | (51.5m) | (11.9m) |
USD | FY, 2017 |
---|---|
Revenue/Employee | 251.0k |
Financial Leverage | 1.3 x |
P/E Ratio | 16.1 |
Company Name | Date | Deal Size |
---|---|---|
Firstbeat Analytics | July 01, 2020 | |
Flight Plan | August 29, 2018 | |
EmpirBus | February 20, 2018 | |
Navionics | October 27, 2017 | |
Alphamantis Technologies | July 20, 2017 | |
ActiveCaptain | May 11, 2017 | |
Iiyonet | September 30, 2016 | |
DeLorme | March 03, 2016 | |
PulsedLight | January 13, 2016 | |
iKubu | January 14, 2015 |
Garmin revenue breakdown by business segment: 19.6% from Aviation, 14.6% from Auto, 13.5% from Marine, 27.9% from Fitness and 24.4% from Outdoor
Garmin revenue breakdown by geographic segment: 35.9% from EMEA, 15.7% from APAC and 48.4% from Americas
Garmin has 206.35k Twitter Followers. The number of followers has decreased 0.4% month over month and decreased 0.1% quarter over quarter
62.7k
Tweets
605
Following
206.4k
Followers
213
Tweets last 30 days
3.6
Avg. likes per Tweet
22.1%
Tweets with engagement
A-
75/100
B+
73/100
B
73/100
C
64/100
When was Garmin founded?
Garmin was founded in 1989.
Who are Garmin key executives?
Garmin's key executives are Min Kao, Clifton Pemble and Douglas Boessen.
How many employees does Garmin have?
Garmin has 15,000 employees.
What is Garmin revenue?
Latest Garmin annual revenue is $3.8 b.
What is Garmin revenue per employee?
Latest Garmin revenue per employee is $250.5 k.
Who are Garmin competitors?
Competitors of Garmin include Honeywell Aerospace, Alpine Electronics Of America and Casio Computer.
Where is Garmin headquarters?
Garmin headquarters is located at 1200 E 151st St, Olathe.
Where are Garmin offices?
Garmin has offices in Olathe, Salem, Eastern Creek, Oberpremstätten and in 25 other locations.
How many offices does Garmin have?
Garmin has 29 offices.
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