Garmin

GRMN · NYSE

$290.35+$4.19 (+1.46%)TodayMarket closed · Oct 20, 4:05 PM ET

Prev close $286.16

About GRMN

Garmin Ltd. is a holding company, which engages in the provision of navigation, communications and information devices, most of which are enabled by Global Positioning System (GPS) technology. The company is headquartered in Schaffhausen, Schaffhausen and currently employs 23,000 full-time employees. The company went IPO on 2000-12-08. The firm and its subsidiaries offer global positioning system (GPS) navigation and wireless devices and applications. The firm operates through five segments: fitness, outdoor, aviation, marine and auto. The company offers a range of auto navigation products, as well as a range of products and applications designed for the mobile GPS market. The company offers Outdoor Handhelds, Wearable Devices, Golf Devices, and Dog Tracking and Training/Pet Obedience Devices. Garmin offers various products designed for use in fitness and activity tracking. Company’s aviation business segment is a provider of solutions to aircraft manufacturers, existing aircraft owners and operators, as well as military and government customers and serves a range of aircraft, including transport aircraft, business aviation, general aviation, experimental/light sport, helicopters, optionally piloted vehicles, and unmanned aerial vehicles. Company operates worldwide.

Employees: 23,000
Headquarters: Schaffhausen, Schaffhausen
Listed: Dec 8, 2000
Sector: Consumer Discretionary
Industry: Household Durables
Website: garmin.com

Leadership

Garmin executives
Name	Title	Since	Age
Min Kao	—	2000	76
Clifton Pemble	—	2003	59
Douglas Boessen	—	—	63
Patrick Desbois	—	—	56
Bradley Trenkle	—	—	45
Joshua Maxfield	—	—	52
Danny Bartel	—	—	75
Sean Biddlecombe	—	2023	60
Edward Link	—	—	62
Susan Lyman	—	—	59
Laurie Minard	—	—	58
Matthew Munn	—	2024	63
Philip Straub	—	2024	54
Cheng-Wei Wang	—	—	60
Susan Ball	—	—	61
Jonathan Burrell	—	—	61
Joseph Hartnett	—	—	68
Catherine Lewis	—	—	73
Teri Seck	—	2015	—

Revenue by product and region

Fiscal year ended Dec 31, 2022: $4.86B total revenue

By region

Americas [Member]$2.43B50.0%
EMEA [Member]$1.63B33.6%
Asia Pacific [Member]$797.62M16.4%

Suppliers and customers

Price correlation is over one year: 1 means the stocks move together, -1 opposite

Garmin suppliers and customers
Company	Relationship	Country	Correlation
Limeade CDI LME.AX	Supplier and customer	US	0.92
Intermap Technologies A IMP.TO	Supplier and customer	US	0.91
Skyworks Solutions SWKS	Supplier	US	0.89
Sportsman's Warehouse SPWH	Customer	US	0.89
Starbucks Corporation SBUX	Customer	US	0.88
Rockley Photonics RKLY	Supplier	GB	0.81
EMCORE EMKR	Supplier	US	0.79
Kopin Corp KOPN	Supplier	US	0.76
Airbus SE EADSF	Customer	—	0.76
Bulten AB (publ) BULTEN.ST	Supplier	SE	0.71

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