Craft

Garmin

Stock Price

$166.3

2024-10-29

Market Capitalization

$34.5 B

2024-08-26

Revenue

$6.3 B

FY, 2024

Garmin Summary

Company Summary

Overview
Garmin is a company that manufactures and distributes GPS-enabled products. Its business is divided into five segments: Fitness, Outdoor, Aviation, Marine, and Auto OEM. The Fitness segment offers running and multi-sport watches, cycling computers, power meters, bike radars, activity tracking devices, etc. The Outdoor segment provides adventure watches, dog tracking and training devices, outdoor handhelds, and golf devices. The Aviation segment includes integrated flight decks, electronic flight displays and instrumentation, audio control systems, and other products. The Marine segment offers chart plotters and multi-function displays, cartography, fishfinders, autopilot systems, etc. The Auto OEM segment consists of original equipment manufacturer solutions such as embedded computing models, infotainment systems, embedded navigation, etc.
Type
Public
Status
Active
Founded
1989
HQ
Olathe, KS, US | view all locations
Website
https://www.garmin.com/
Cybersecurity rating
ESG rating
40-49 out of 100|View all ESG data
Sectors

Key People

  • Clifton Pemble

    Clifton Pemble, President and CEO, Director

    • Douglas Boessen

      Douglas Boessen, Chief Financial Officer and Treasurer

    • Min Kao

      Min Kao, Executive Chairman

      • Catherine Lewis

        Catherine Lewis, Director

        Operating MetricsView all

        Trademarks

        1.2K
        7.4%

        FY, 2023

        Products Delivered

        282M
        6.0%

        FY, 2023

        Products Delivered per Year

        16M
        6.7%

        FY, 2023

        LocationsView all

        35 locations detected

        • Olathe, KS HQ

          United States

          1200 E 151st St

        • Salem, OR

          United States

          2345 Turner Rd SE

        • Marsden Park, NSW

          Australia

          19 Hawthorne Ave

        • Oberpremstätten, Steiermark

          Austria

          Seering 7

        • Brussels, Bruxelles

          Belgium

          Av. des Olympiades 2

        • Cochrane, AB

          Canada

          30 Bow St #124

        and 29 others

        Garmin Financials

        Summary Financials

        Revenue (Q1, 2025)
        $1.5B
        Gross profit (Q1, 2025)
        $884.5M
        Net income (Q1, 2025)
        $332.8M
        Cash (Q1, 2025)
        $2.2B
        EBIT (Q1, 2025)
        $332.8M
        Enterprise value
        $32.5B

        Footer menu