GRMN FY 2019 Earnings — Garmin Ltd. Revenue & Financial Results | Market Cap Arena

GRMNGarmin Ltd.

$45B

FY 2019 Earnings

Technology Hardware, Equipment & Parts

Income Statement

Revenue

$3.8B+12.2% YoY

Gross Profit

$2.2B59.5% margin

Operating Income

$946M25.2% margin

Net Income

$952M25.3% margin

EPS (Diluted)

$4.99

Cash Flow

Operating Cash Flow

$699M

Free Cash Flow

$578M

Stock-Based Comp.

$63M

Balance Sheet

Total Assets

$6.2B

Total Liabilities

$1.4B

Stockholders' Equity

$4.8B

Cash & Equivalents

$1.0B

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$3.8B	$3.3B	+12.2%
Gross Profit	$2.2B	$2.0B	+12.8%
Operating Income	$946M	$778M	+21.5%
Net Income	$952M	$694M	+37.2%