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GRMN

Garmin Ltd

$99.05

Earnings Summary

Revenue
$1240.83Mn
Net Profits
$257.87Mn
Net Profit Margins
20.78%
PE Ratio
18.93

Highlights

Revenue:

Garmin Ltd’s revenue fell -6.49% since last year same period to $1240.83Mn in the Q2 2022. On a quarterly growth basis, Garmin Ltd has generated 5.81% jump in its revenue since last 3-months.

Net Profits:

Garmin Ltd’s net profit fell -18.65% since last year same period to $257.87Mn in the Q2 2022. On a quarterly growth basis, Garmin Ltd has generated 21.87% jump in its net profits since last 3-months.

Net Profit Margins:

Garmin Ltd’s net profit margin fell -13.01% since last year same period to 20.78% in the Q2 2022. On a quarterly growth basis, Garmin Ltd has generated 15.18% jump in its net profit margins since last 3-months.

PE Ratio:

Garmin Ltd’s price-to-earnings ratio after this Q2 2022 earnings stands at 18.93.

Earnings per share (EPS) Estimates

Earnings per share (EPS) estimates of the Garmin Ltd post its latest quarter earnings

EPS Estimate Current Quarter
1.4
EPS Estimate Current Year
1.4

Highlights

EPS Estimate Current Quarter:

Garmin Ltd’s earning per share (EPS) estimates for the current quarter stand at 1.4 - a 23.89% jump from last quarter’s estimates.

EPS Estimate Current Year:

Garmin Ltd’s earning per share (EPS) estimates for the current year stand at 1.4.

Key Ratios

Key ratios of the Garmin Ltd post its Q2 2022 earnings

Earning Per Share (EPS)
1.44
Return on Assets (ROA)
0.09
Return on Equity (ROE)
0.18
Dividend Per Share (DPS)
2.92

Highlights

Earning Per Share (EPS):

Garmin Ltd’s earning per share (EPS) fell -14.29% since last year same period to 1.44 in the Q2 2022. This indicates that the Garmin Ltd has generated -14.29% annual rate of fall in its earning per share (EPS) in the last 4 quarters.

Return on Assets (ROA):

Return on assets (ROA) indicates the profitability of the company in relation to its total assets. This ratio tells the financial health of the company. The higher the ROA, the better the company’s financial health. If any company has a ROA in the range of 5% to 20% - it is generally considered good. ROA above 20% is generally considered excellent. Garmin Ltd’s return on assets (ROA) stands at 0.09.

Earning Per Share (EPS):

The Return On Equity ratio indicates a company’s ability to turn equity capital received from shareholders into profits. ROE highlights the efficiency of equity capital in running the business. Generally, a return on equity in double digits is considered good. Garmin Ltd’s return on equity (ROE) stands at 0.18.

Dividend Per Share (DPS):

Garmin Ltd declared 2.92 dividend per share during the earnings announcement for Q2 2022.

Earnings Calendar

Earnings DateEstimated EPSReported EPSSurprise %
2022-07-27
1.4
1.44
2.86%
2022-04-27
1.13
1.11
-1.77%

Company Information

Garmin, formerly known as ProNav, is an American multinational technology company founded in 1989, with headquarters in Olathe, Kansas. The company specializes in GPS technology for automotive, aviation, marine, outdoor, and sport activities. Garmin Ltd. is incorporated in Switzerland, and its principal subsidiaries are located in the United States, Taiwan and the United Kingdom. Garmin is a registered trademark of Garmin Ltd.

Organisation
Garmin Ltd
Headquarters
Schaffhausen, Schaffhausen, Switzerland
Employees
16K
Industry
Electronic Technology
CEO
Clifton Pemble