GRMNNYSESEC EDGAREDGAR

GARMIN LTD

Search, Detection, Navigation, Guidance, Aeronautical Sys·SCHAFFHAUSEN·FY end 12/26·CIK 1121788

Financials

5-year history · USD
MetricFY 2025FY 2024FY 2023FY 2022FY 2021Trend
Revenue$7.2B$6.3B$5.2B$4.9B$5.0B
Gross Profit$4.3B$3.7B$3.0B$2.8B$2.9B
Operating Income$1.9B$1.6B$1.1B$1.0B$1.2B
Net Income$1.7B$1.4B$1.3B$973.6M$1.1B
Operating CF$1.6B$1.4B$1.4B$788.3M$1.0B
Capex$270.4M$193.6M$193.5M$244.3M$307.6M
Free Cash Flow$1.4B$1.2B$1.2B$544.0M$704.8M
Buybacks
Dividends
Gross Margin58.7%58.7%57.5%57.7%58.0%
Operating Margin25.9%25.3%20.9%21.1%24.5%
Net Margin23.0%22.4%24.7%20.0%21.7%
FCF Margin18.8%19.7%22.6%11.2%14.1%
R&D / Revenue15.5%15.8%17.3%17.2%16.9%
Effective Tax17.4%16.7%1.0%8.6%10.3%
Debt / Equity
Buybacks / FCF

Peer comparison

Search, Detection, Navigation, Guidance, Aeronautical Sys · 4 peers
CEO Pay Ratio
GRMN
167:1
NOC
224:1
DRS
92:1
LHX
229:1
TDY
CEO total comp
GRMN
$8M
NOC
$25M
DRS
$8M
LHX
$6M
TDY
$4M
Net Margin
GRMN
23.0%
NOC
10.0%
DRS
7.6%
LHX
7.3%
TDY
14.6%