Last Price$226.2(1.2%)
Market Cap$44.2B
LTM Total Equity
$7,848.4M
YoY Growth
+11.9%
3Y CAGR
+8.7%
5Y CAGR
+10.4%
Stock quality & Intrinsic value
8/10
24.5% overvalued
Garmin Ltd. Total Equity
Annual
Quarterly
LTM
Crunching data... Almost there!
| Dec'05 | Dec'06 | Dec'07 | Dec'08 | Dec'09 | Dec'10 | Dec'11 | Dec'12 | Dec'13 | Dec'14 | Dec'15 | Dec'16 | Dec'17 | Dec'18 | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total Equity | $1,157.3M | $1,557.9M | $2,350.6M | $2,225.9M | $2,836.4M | $3,049.6M | $3,256.6M | $3,531.8M | $3,659.7M | $3,403.4M | $3,345.1M | $3,418.0M | $3,802.5M | $4,163.0M | $4,793.5M | $5,516.1M | $6,114.2M | $6,204.3M | $7,012.1M | $0.0 |
Overvalued or undervalued?
Check the intrinsic value for GRMN
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Garmin Ltd. (GRMN) Total Equity comparison analysis
General
LTM Total Equity
Growth
Company name
YoY growth
3Y CAGR
5Y CAGR
Garmin Ltd.GRMN
$7,848.4M
11.9%
8.7%
10.4%
Median Peer Set
$9,705.8M
1.1%
9.3%
11.1%
Coherent, Inc.COHR
$7,965.2B
97,678.0%
1,129.7%
421.5%
TE Connectivity Ltd.TEL
$12.5B
(5.4%)
4.0%
3.5%
Corning IncorporatedGLW
$11.1B
(6.7%)
(4.1%)
(3.2%)
Fortive CorporationFTV
$10.2B
(1.3%)
2.3%
6.6%
Amphenol CorporationAPH
$9,856.1M
17.0%
15.6%
16.5%
Teledyne Technologies IncorporatedTDY
$9,555.4M
3.6%
7.8%
28.6%
Trimble Inc.TRMB
$5,875.1M
35.3%
14.8%
16.1%
Keysight Technologies, Inc.KEYS
$5,187.0M
7.7%
10.8%
10.7%
Flex Ltd.FLEX
$4,992.0M
(22.5%)
11.0%
11.5%
Jabil Inc.JBL
$1,593.0M
(37.2%)
(10.3%)
(2.9%)
GRMN key stats
USD
Millions
Billions
Annual
Quarterly
Trailing
Key stats
Income statement
Balance sheet
Cash Flow Statement
Valuation
Ratios
Per share
Per employee
Dividends & Yields
| Dec'05 | Dec'06 | Dec'07 | Dec'08 | Dec'09 | Dec'10 | Dec'11 | Dec'12 | Dec'13 | Dec'14 | Dec'15 | Dec'16 | Dec'17 | Dec'18 | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
% growth | 1,027.8 34.8% | 1,774.0 72.6% | 3,180.3 79.3% | 3,494.1 9.9% | 2,946.4 (15.7%) | 2,689.9 (8.7%) | 2,758.6 2.6% | 2,715.7 (1.6%) | 2,631.9 (3.1%) | 2,870.7 9.1% | 2,820.3 (1.8%) | 3,018.7 7.0% | 3,087.0 2.3% | 3,347.4 8.4% | 3,757.5 12.2% | 4,186.6 11.4% | 4,982.8 19.0% | 4,860.3 (2.5%) | 5,228.3 7.6% | 6,296.9 20.4% |
| Cost of Goods Sold (COGS) | 492.7 | 891.6 | 1,717.1 | 1,940.6 | 1,502.3 | 1,343.5 | 1,420.0 | 1,277.2 | 1,224.6 | 1,266.2 | 1,281.6 | 1,339.1 | 1,303.8 | 1,367.7 | 1,523.5 | 1,705.2 | 2,092.3 | 2,053.5 | 2,223.3 | 2,600.3 |
% margin | 535.1 52.1% | 882.4 49.7% | 1,463.3 46.0% | 1,553.5 44.5% | 1,444.1 49.0% | 1,346.4 50.1% | 1,338.6 48.5% | 1,438.5 53.0% | 1,407.3 53.5% | 1,604.4 55.9% | 1,538.7 54.6% | 1,679.6 55.6% | 1,783.2 57.8% | 1,979.7 59.1% | 2,234.0 59.5% | 2,481.3 59.3% | 2,890.5 58.0% | 2,806.8 57.7% | 3,005.0 57.5% | 3,696.6 58.7% |
| Operating Expenses | 196.9 | 327.8 | 555.9 | 691.5 | 658.1 | 709.7 | 784.8 | 834.3 | 833.3 | 913.8 | 989.1 | 1,055.7 | 1,114.3 | 1,201.4 | 1,288.4 | 1,427.1 | 1,671.8 | 1,778.9 | 1,912.8 | 2,102.6 |
| Research & Development Expenses (R&D) | 74.9 | 113.3 | 159.4 | 206.1 | 238.4 | 277.3 | 298.6 | 325.8 | 364.9 | 395.1 | 427.0 | 468.0 | 511.6 | 567.8 | 605.4 | 705.7 | 840.0 | 834.9 | 904.7 | 993.6 |
| Selling, General & Administrative Expenses (SG&A) | 122.0 | 214.5 | 396.5 | 485.4 | 419.7 | 432.4 | 486.2 | 508.5 | 468.3 | 518.7 | 562.1 | 587.7 | 602.7 | 633.6 | 683.0 | 721.4 | 831.8 | 944.0 | 1,008.1 | 1,109.0 |
% margin | 338.2 32.9% | 554.6 31.3% | 907.4 28.5% | 862.0 24.7% | 786.0 26.7% | 636.7 23.7% | 553.8 20.1% | 604.2 22.2% | 574.0 21.8% | 690.6 24.1% | 549.6 19.5% | 623.9 20.7% | 668.9 21.7% | 778.3 23.3% | 945.6 25.2% | 1,054.2 25.2% | 1,218.6 24.5% | 1,027.8 21.1% | 1,092.2 20.9% | 1,594.0 25.3% |
| Interest Income | 0.0 | 0.0 | 42.0 | 35.5 | 23.5 | 25.0 | 32.8 | 35.1 | 35.3 | 35.6 | 29.7 | 33.4 | 36.9 | 47.1 | 52.8 | 37.0 | 28.6 | 40.8 | 77.3 | 113.5 |
| Interest Expense | 0.0 | 0.0 | 0.2 | 0.6 | 23.5 | 1.2 | 32.8 | 35.1 | 35.3 | 35.6 | 29.7 | 33.4 | 36.9 | 0.0 | 0.0 | 0.0 | 0.0 | 40.8 | 0.0 | 0.0 |
| Pre-tax Income | 372.6 | 594.6 | 978.3 | 914.4 | 808.7 | 577.3 | 584.2 | 624.5 | 653.6 | 723.7 | 567.2 | 629.7 | 682.3 | 823.2 | 987.2 | 1,103.4 | 1,206.8 | 1,065.0 | 1,200.4 | 1,695.4 |
% effective tax rate | 61.4 16.5% | 80.4 13.5% | 123.3 12.6% | 181.5 19.9% | 104.7 12.9% | (7.3) (1.3%) | 63.3 10.8% | 82.1 13.1% | 41.1 6.3% | 359.5 49.7% | 111.0 19.6% | 118.9 18.9% | (12.7) (1.9%) | 129.2 15.7% | 34.7 3.5% | 111.1 10.1% | 124.6 10.3% | 91.4 8.6% | (89.3) (7.4%) | 284.0 16.7% |
% margin | 311.2 30.3% | 514.1 29.0% | 855.0 26.9% | 732.8 21.0% | 704.0 23.9% | 584.6 21.7% | 520.9 18.9% | 542.4 20.0% | 612.4 23.3% | 364.2 12.7% | 456.2 16.2% | 510.8 16.9% | 695.0 22.5% | 694.1 20.7% | 952.5 25.3% | 992.3 23.7% | 1,082.2 21.7% | 973.6 20.0% | 1,289.6 24.7% | 1,411.4 22.4% |
| EPS | 1.44 | 2.38 | 3.95 | 3.51 | 3.51 | 2.97 | 2.68 | 2.78 | 3.13 | 1.89 | 2.39 | 2.71 | 3.70 | 3.68 | 5.01 | 5.19 | 5.63 | 5.06 | 6.74 | 7.35 |
| Diluted EPS | 1.43 | 2.35 | 3.89 | 3.48 | 3.50 | 2.95 | 2.67 | 2.76 | 3.12 | 1.88 | 2.39 | 2.70 | 3.68 | 3.66 | 4.99 | 5.17 | 5.61 | 5.04 | 6.71 | 7.30 |
% margin | 381.8 37.1% | 599.0 33.8% | 1,042.5 32.8% | 993.4 28.4% | 905.1 30.7% | 671.9 25.0% | 648.3 23.5% | 694.6 25.6% | 652.8 24.8% | 767.6 26.7% | 627.9 22.3% | 719.2 23.8% | 769.9 24.9% | 874.5 26.1% | 1,051.8 28.0% | 1,181.0 28.2% | 1,373.4 27.6% | 1,191.7 24.5% | 1,269.7 24.3% | 1,594.0 25.3% |
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FAQ
1) What is Garmin Ltd.'s Total Equity?
As of today, Garmin Ltd.'s last 12-month Total Equity is $7,848.4M, based on the financial report for Dec 28, 2024 (Q4’2024).
2) What is Garmin Ltd.'s Total Equity growth rate?
Over the last year, Garmin Ltd.'s Total Equity growth was 11.9%. The average annual Total Equity growth rates for Garmin Ltd. have been 12.0% over the past three years, 10.4% over the past five years.
3) Is Garmin Ltd.'s Total Equity growth rate Good?
Over the last year, Garmin Ltd.'s Total Equity growth was 11.9%, which is higher than industry growth of (0.4%). It indicates that Garmin Ltd.'s Total Equity growth is Good.