GRMN Q4 2019 Earnings — Garmin Ltd. Revenue & Financial Results | Market Cap Arena

GRMNGarmin Ltd.

$45B

Q4 2019 Earnings

Technology Hardware, Equipment & Parts

Income Statement

Revenue

$1.1B+18.3% YoY

Gross Profit

$639M58.0% margin

Operating Income

$277M25.1% margin

Net Income

$361M32.7% margin

EPS (Diluted)

$1.89

QoQ Revenue Growth

+18.0%

Cash Flow

Operating Cash Flow

$234M

Free Cash Flow

$207M

Stock-Based Comp.

$16M

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	$1.1B	$932M	+18.3%
Gross Profit	$639M	$549M	+16.4%
Operating Income	$277M	$223M	+24.2%
Net Income	$361M	$190M	+89.7%