Established in 1989, Garmin is a leading manufacturer of marine, aviation, and consumer technologies suitable to run on the Global Positioning System (GPS). It has delivered more than 100 million products, most of them enabled with GPS, which is far more than any other navigation provider. Customers ranked high to Garmin products because they are easy to use and high in quality.
Company growth
Olathe, US
Size (employees)
11,651 (est)+5%
Garmin was founded in 1989 and is headquartered in Olathe, US

Key People at Garmin

Min Kao

Min Kao

Chairman and CEO
Clifton Pemble

Clifton Pemble

President and chief operating officer
Kevin Rauckman

Kevin Rauckman

Chief financial officer and treasurer
Doug Boessen

Doug Boessen

Chief Financial Officer and Treasurer

Garmin Office Locations

Garmin has offices in Olathe, Chandler, Raleigh, Orlando and in 17 other locations
Olathe, US
Chandler, US
Raleigh, US
Orlando, US
Seattle, US
Atlanta, US
Dallas, US
Chicago, US
São Paulo, BR
Detroit, US
Tulsa, US
Los Angeles, US
Wichita, US
Miami, US
Auckland, NZ
Tucson, US
Salem, US
Xizhi District, TW
Southampton, GB
Denver, US

Garmin Metrics

Garmin Summary

Market capitalization

$9.57 B

Closing share price

Garmin's current market capitalization is $9.57 B.

Garmin Financials

Garmin's revenue is $2.82 B in FY, 2015 which is 1.76% decrease from the previous period.
FY, 2015FY, 2014FY, 2013FY, 2012FY, 2011FY, 2010


$2.82 B$2.87 B$2.63 B

Revenue growth, %


Cost of goods sold

$1.27 B$1.22 B$1.28 B$1.42 B$1.34 B

Gross profit

$1.54 B$1.6 B$1.41 B

Operating income

$550 M$691 M$574 M

Operating expense total

$989 M$914 M$833 M

Interest expense

$1.25 M

Net Income

$456 M$364 M$612 M

Operating cash flow

$-363 M$17.1 M$-52 M

Garmin Market Value History

Market Position – hardware, satellite, Technology, Manufacturing & Industrial, software, wearables, wireless

Garmin Online Presence

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