Garmin Overview
- Year Founded
-
1989

- Status
-
Public
- Employees
-
19,900

- Stock Symbol
-
GRMN

- Investments
-
43
- Share Price
-
$219.78
- (As of Thursday Closing)
Garmin General Information
Description
Garmin produces GPS-enabled hardware and software for five verticals: fitness, outdoors, auto, aviation, and marine. The company relies on licensing mapping data to enable its hardware specialized for often niche activities like scuba diving or sailing, among many others. Garmin operates in 100 countries and sells its products via distributors as well as relationships with original equipment manufacturers.
Contact Information
Website
www.garmin.comCorporate Office
- 1200 East 151st Street
- Olathe, KS 66062-3426
- United States
Corporate Office
- 1200 East 151st Street
- Olathe, KS 66062-3426
- United States
Garmin Stock Performance
As of 06-Feb-2025, Garmin’s stock price is $219.78. Its current market cap is $42.2B with 192M shares.
(As of Thursday Closing)
Stock Price | Previous Close | 52 wk Range | Market Cap | Shares | Average Volume | EPS |
---|---|---|---|---|---|---|
$219.78 | $218.85 | $120.06 - $222.97 | $42.2B | 192M | 774K | $7.91 |
Garmin Financials Summary
As of 30-Sep-2024, Garmin has a trailing 12-month revenue of $5.96B.
In Thousands, USD |
TTM 30-Sep-2024 | FY 2023 31-Dec-2023 | FY 2022 31-Dec-2022 | FY 2021 31-Dec-2021 |
---|---|---|---|---|
EV | 31,711,425 | 23,008,827 | 16,327,802 | 24,275,750 |
Revenue | 5,956,843 | 5,228,252 | 4,860,286 | 4,982,795 |
EBITDA | 1,634,846 | 1,300,626 | 1,188,001 | 1,333,041 |
Net Income | 1,517,830 | 1,289,636 | 973,585 | 1,082,200 |
Total Assets | 9,347,732 | 8,603,569 | 7,731,170 | 7,854,427 |
Total Debt | 109,832 | 113,035 | 114,541 | 70,044 |
Garmin Valuation & Funding
Deal Type | Date | Amount | Valuation/ EBITDA |
Post-Val | Status | Debt |
---|
Garmin Comparisons
Industry
Financing
Details
Garmin Competitors (3)
One of Garmin’s 3 competitors is Panasonic Connect Oceania, a Corporation company based in Sydney, Australia.
Company Name | Financing Status | Location | Employees | Total Raised | Last Financing Date/Type | Last Financing Amount |
---|---|---|---|---|---|---|
Panasonic Connect Oceania | Corporation | Sydney, Australia | ||||
Fitbit | Venture Capital-Backed | San Francisco, CA | ||||
Acushnet Holdings | Formerly PE-Backed | Fairhaven, MA |
Garmin Patents
Garmin Recent Patent Activity
Publication ID | Patent Title | Status | First Filing Date | Technology (CPC) | Citations |
---|---|---|---|---|---|
US-12203646-B1 | Light lens assembly for wearable electronic device | Active | 28-May-2024 | ||
US-D1060053-S1 | Watch with display | Active | 11-Sep-2023 | ||
US-D1060055-S1 | Watch with display | Active | 11-Sep-2023 | ||
US-20230382517-A1 | Fly-by-wire servo actuator for primary flight control | Pending | 09-Aug-2023 | ||
US-20240228023-A1 | Fly-by-wire system with fcc-integrated servo actuators | Pending | 09-Aug-2023 | B64C13/503 |
Garmin Signals
Garmin Acquisitions (43)
Garmin’s most recent deal was a Merger/Acquisition with Lumishore for . The deal was made on 30-Sep-2024.
Company Name | Deal Date | Deal Type | Deal Size | Industry | Lead Partner |
---|---|---|---|---|---|
Lumishore | 30-Sep-2024 | Merger/Acquisition | Electrical Equipment | ||
JL Audio | 19-Sep-2023 | Merger/Acquisition | Electronic Equipment and Instruments | ||
Vesper Marine | 03-Jan-2022 | Merger/Acquisition | Marine | ||
GEOS Worldwide | 31-Dec-2020 | Merger/Acquisition | Security Services (B2B) | ||
Firstbeat Analytics | 30-Jun-2020 | Merger/Acquisition | Other Healthcare Services |
Garmin ESG
Risk Overview
Risk Rating
Updated May, 31, 2024
20.99 | Med Risk
Risk Scale
A lower score indicates better sustainability
Negl
0-10
Low
10-20
Med
20-30
High
30-40
Severe
40+
Exposure
Exposure refers to the extent to which a company is exposed to different material ESG issues
Management
Management is related to actions taken to manage ESG issues
Peers Analysis
Peer performance insights compare the company’s ESG performance to the performance of selected peers to help inform future ESG decisions and drive internal performance improvements.
Global
Covered Companies
of 15,120
Rank
Percentile

Consumer Durables
Industry
of 208
Rank
Percentile

Consumer Electronics
Subindustry
of 35
Rank
Percentile

Affiliates
Subsidiaries (9)
Name | Industry | Location | Year Founded |
---|---|---|---|
Firstbeat Analytics | Jyväskylä, Finland | 2020 | |
Lumishore | Swansea, United Kingdom | 2008 | |
EmpirBus | Uddevalla, Sweden | 2003 | |
Flight Plan | Southbury, CT | 1999 | |
Garmin Chile | Las Condes, Chile | 1996 |
Garmin FAQs
-
When was Garmin founded?
Garmin was founded in 1989.
-
Where is Garmin headquartered?
Garmin is headquartered in Olathe, KS.
-
What is the size of Garmin?
Garmin has 19,900 total employees.
-
What industry is Garmin in?
Garmin’s primary industry is Electronics (B2C).
-
Is Garmin a private or public company?
Garmin is a Public company.
-
What is Garmin’s stock symbol?
The ticker symbol for Garmin is GRMN.
-
What is the current stock price of Garmin?
As of 06-Feb-2025 the stock price of Garmin is $219.78.
-
What is the current market cap of Garmin?
The current market capitalization of Garmin is $42.2B.
-
What is Garmin’s current revenue?
The trailing twelve month revenue for Garmin is $5.96B.
-
Who are Garmin’s competitors?
Panasonic Connect Oceania, Fitbit, and Acushnet Holdings are competitors of Garmin.
-
What is Garmin’s annual earnings per share (EPS)?
Garmin’s EPS for 12 months was $7.91.
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