Garmin Ltd. (GRMN) Stock

About Garmin Ltd.

Garmin Ltd. specializes in the design, development, manufacturing, marketing, and global distribution of diverse wireless products and solutions. Its operations span across North and South America, the Asia Pacific region, the Australian Continent, Europe, the Middle East, and Africa. The company's offerings are organized into several key segments: Fitness: This division caters to athletes and active individuals with products like specialized running and multi-sport watches, cycling computers, activity trackers, smartwatches, and various fitness-related accessories. Additionally, it supports these offerings with its Garmin Connect web and mobile platforms, alongside Connect IQ, an ecosystem for app development. Outdoor: Garmin's Outdoor category features rugged adventure watches, portable GPS devices, golf-specific instruments and accompanying mobile applications, plus specialized dog tracking and training systems. Aviation: The Aviation sector delivers comprehensive avionics solutions for aircraft, encompassing integrated cockpit systems, advanced flight displays and instrumentation, navigation and communication tools, automated flight controls, safety enhancements, audio management, engine monitoring, traffic and weather avoidance systems, ADS-B transponders, data connectivity, portable GPS navigators, wearable aviation devices, and related support services. Marine: For the Marine market, Garmin provides a suite of solutions including chartplotters, multi-function displays, marine cartography, fish finders, sonar technology, autopilots, radar systems, compliant instrumentation and sensors, VHF radios, handheld and wearable marine devices, sailing-specific products, onboard entertainment, digital switching, and electric trolling motors. Auto: The Automotive segment focuses on in-vehicle computing and infotainment systems, personal navigation units, and various camera solutions. Garmin's products are distributed through a diverse network including independent and online retailers, authorized dealers, distributors, service and installation centers, original equipment manufacturers (OEMs), and directly via its official e-commerce platform, garmin.com. Established in 1989, Garmin Ltd. maintains its corporate headquarters in Schaffhausen, Switzerland.

Garmin Ltd. is led by CEO Clifton Albert Pemble, employs 21,800 people, headquartered in Schaffhausen, CH, publicly traded since 2000.

Garmin Ltd. (GRMN) stock trades at $294.83 with a market capitalization of $56.86B. The stock is valued at a price-to-earnings (P/E) ratio of 27.95, price-to-book of 5.16, price-to-sales of 5.86. Over the past 52 weeks the stock has ranged between $186.67 and $294.83, and currently trades at its 52-week high. It pays a dividend yielding 1.59%.

On profitability, Garmin Ltd. generates a return on equity (ROE) of 18.54%, above the typical market average, return on capital employed of 20.91%, an operating margin of 25.89%, a net profit margin of 23.26%.

In its most recent fiscal year, Garmin Ltd. reported annual revenue of $7.2B, net profit of $1.7B, revenue has compounded at 11.6% a year over the last five years, profit at 10.9% a year.

The balance sheet shows a debt-to-equity ratio of 0.02 — a conservative balance sheet with little leverage risk, a current ratio of 3.63, total assets of $11.0B, $2.3B in cash and equivalents.

GRMN has an average daily trading volume of 890,666 shares, a beta of 0.92.

Official website: www.garmin.com