GRMN FY 2016 Earnings — Garmin Ltd. Revenue & Financial Results | Market Cap Arena

GRMNGarmin Ltd.

$45B

FY 2016 Earnings

Technology Hardware, Equipment & Parts

Income Statement

Revenue

$3.0B+7.0% YoY

Gross Profit

$1.7B55.6% margin

Operating Income

$624M20.7% margin

Net Income

$511M16.9% margin

EPS (Diluted)

$2.70

Cash Flow

Operating Cash Flow

$706M

Free Cash Flow

$609M

Stock-Based Comp.

$41M

Balance Sheet

Total Assets

$4.5B

Total Liabilities

$1.1B

Stockholders' Equity

$3.4B

Cash & Equivalents

$847M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$3.0B	$2.8B	+7.0%
Gross Profit	$1.7B	$1.5B	+9.2%
Operating Income	$624M	$550M	+13.5%
Net Income	$511M	$456M	+12.0%