GRMN FY 2017 Earnings — Garmin Ltd. Revenue & Financial Results | Market Cap Arena

GRMNGarmin Ltd.

$45B

FY 2017 Earnings

Technology Hardware, Equipment & Parts

Income Statement

Revenue

$3.1B+2.3% YoY

Gross Profit

$1.8B57.8% margin

Operating Income

$669M21.7% margin

Net Income

$695M22.5% margin

EPS (Diluted)

$3.68

Cash Flow

Operating Cash Flow

$661M

Free Cash Flow

$509M

Stock-Based Comp.

$45M

Balance Sheet

Total Assets

$5.0B

Total Liabilities

$1.2B

Stockholders' Equity

$3.8B

Cash & Equivalents

$891M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$3.1B	$3.0B	+2.3%
Gross Profit	$1.8B	$1.7B	+6.2%
Operating Income	$669M	$624M	+7.2%
Net Income	$695M	$511M	+36.0%