Garmin Ltd. Earnings

Garmin Ltd.’s revenue jumped 22.94% since last year same period to $1822.56Mn in the Q4 2024. On a quarterly growth basis, Garmin Ltd. has generated 14.91% jump in its revenue since last 3-months.

Garmin Ltd.’s net profit fell -19.63% since last year same period to $435.73Mn in the Q4 2024. On a quarterly growth basis, Garmin Ltd. has generated 9.18% jump in its net profits since last 3-months.

Garmin Ltd.’s net profit margin fell -34.62% since last year same period to 23.91% in the Q4 2024. On a quarterly growth basis, Garmin Ltd. has generated -4.99% fall in its net profit margins since last 3-months.

Garmin Ltd.’s price-to-earnings ratio after this Q4 2024 earnings stands at 31.36.

Garmin Ltd.’s earning per share (EPS) estimates for the current quarter stand at 1.58 - a -21.82% fall from last quarter’s estimates.

Garmin Ltd.’s earning per share (EPS) estimates for the current year stand at 1.58.

Garmin Ltd.’s earning per share (EPS) jumped 40.12% since last year same period to 2.41 in the Q4 2024. This indicates that the Garmin Ltd. has generated 40.12% annual rate of jump in its earning per share (EPS) in the last 4 quarters.

Return on assets (ROA) indicates the profitability of the company in relation to its total assets. This ratio tells the financial health of the company. The higher the ROA, the better the company’s financial health. If any company has a ROA in the range of 5% to 20% - it is generally considered good. ROA above 20% is generally considered excellent. Garmin Ltd.’s return on assets (ROA) stands at 0.11.

The Return On Equity ratio indicates a company’s ability to turn equity capital received from shareholders into profits. ROE highlights the efficiency of equity capital in running the business. Generally, a return on equity in double digits is considered good. Garmin Ltd.’s return on equity (ROE) stands at 0.19.

Garmin Ltd. declared 1.5 dividend per share during the earnings announcement for Q4 2024.