Garmin GRMN
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Relative Strength Index (RSI)
- The Relative Strength Index (RSI) is a momentum oscillator that measures the speed and change of price movements. It is typically used to identify overbought or oversold conditions in financial markets.
- The RSI is calculated using the following formula:
RSI = 100 - (100 / (1 + RS))
Where RS is the ratio of the average gains to the average losses over a specified period.
- The default time period used is 14 days.
- RSI values range between 0 and 100.
RSI values above 70 are considered overbought (indicating a potentially opportune time to sell)
RSI values below 30 are considered oversold (indicating a potentially opportune time to buy)
RSI is not a perfect indicator and should be used in conjunction with other technical analysis tools, this is for informational purposes only and is not a substitute for professional financial advice.
About
Garmin (GRMN) Business Model and Operations Summary
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.
Key Insights
Garmin (GRMN) Core Market Data and Business Metrics
Latest Closing Price
$217.57Market Cap
$41.82 BillionPrice-Earnings Ratio
27.65Total Outstanding Shares
192.40 Million SharesTotal Employees
21,800Dividend
$0.90 Per Share QuarterlyIPO Date
December 8, 2000SIC Description
Search, Detection, Navagation, Guidance, Aeronautical SysPrimary Exchange
New York Stock ExchangeHeadquarters
Muhlentalstrasse 2, Schaffhausen, V8, CH-8200
Historical Stock Splits
If you bought 1 share of GRMN before August 16, 2006, you'd have 2 shares today.
| Execution Date | Split Amount |
|---|---|
| August 16, 2006 | 2-for-1 |
Cash Flow Statement
September 29, 2023 to September 28, 2024
| Metric | Value |
|---|---|
| Net Cash Flow, Continuing | $558.68 Million |
| Net Cash Flow From Financing Activities, Continuing | $-599.79 Million |
| Net Cash Flow From Investing Activities, Continuing | $-256.05 Million |
| Net Cash Flow | $558.68 Million |
| Net Cash Flow From Financing Activities | $-599.79 Million |
| Net Cash Flow From Operating Activities, Continuing | $1.41 Billion |
Income Statement
September 29, 2023 to September 28, 2024
| Metric | Value |
|---|---|
| Selling, General, and Administrative Expenses | $917.21 Million |
| Gross Profit | $3.48 Billion |
| Participating Securities, Distributed And Undistributed Earnings/Loss, Basic | $0 |
| Operating Expenses | $2.06 Billion |
| Research and Development | $972.09 Million |
| Basic Average Shares | $192.97 Million |
Comprehensive Income
September 29, 2023 to September 28, 2024
| Metric | Value |
|---|---|
| Other Comprehensive Income/Loss | $110.13 Million |
| Comprehensive Income/Loss Attributable To Parent | $1.63 Billion |
| Comprehensive Income/Loss Attributable To Noncontrolling Interest | $0 |
| Comprehensive Income/Loss | $1.63 Billion |
Balance Sheet
September 29, 2023 to September 28, 2024
| Metric | Value |
|---|---|
| Liabilities And Equity | $9.35 Billion |
| Noncurrent Liabilities | $262.52 Million |
| Other Current Assets | $3.70 Billion |
| Noncurrent Assets | $4.14 Billion |
| Equity Attributable To Parent | $7.51 Billion |
| Fixed Assets | $1.22 Billion |
Historical Dividends
Current dividend: $0.90 Per Share Quarterly
| Announcement Date | Payment Date | Record Date | Amount | Frequency |
|---|---|---|---|---|
| Feb 19, 2025 | Mar 27, 2026 | Mar 13, 2026 | $0.9 | Quarterly |
| Feb 19, 2025 | Dec 26, 2025 | Dec 12, 2025 | $0.9 | Quarterly |
| Feb 19, 2025 | Sep 26, 2025 | Sep 12, 2025 | $0.9 | Quarterly |
| Feb 19, 2025 | Jun 27, 2025 | Jun 16, 2025 | $0.9 | Quarterly |
| Feb 21, 2024 | Mar 28, 2025 | Mar 14, 2025 | $0.75 | Quarterly |
| Feb 21, 2024 | Dec 27, 2024 | Dec 13, 2024 | $0.75 | Quarterly |