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Garmin Ltd
NYSE:GRMN

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Garmin Ltd
NYSE:GRMN
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Price: 206.26 USD -0.58%
Market Cap: 39.6B USD
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Garmin Ltd
Change in Deffered Taxes

Last Value
3-Years 3-Y CAGR
5-Years 5-Y CAGR
10-Years 10-Y CAGR
Quarterly
Annual
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Garmin Ltd
Change in Deffered Taxes Peer Comparison

Competitors Analysis
Latest Figures & CAGR of Competitors

Company Change in Deffered Taxes CAGR 3Y CAGR 5Y CAGR 10Y
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Garmin Ltd
NYSE:GRMN
Change in Deffered Taxes
-$304.5m
CAGR 3-Years
N/A
CAGR 5-Years
N/A
CAGR 10-Years
N/A
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Garmin Ltd
Glance View

Market Cap
39.6B USD
Industry
Consumer products
Economic Moat
Narrow

Garmin Ltd., founded in 1989 by Gary Burrell and Min Kao, began its journey as a pivotal player in the navigation sphere. The company emerged in an era where GPS technology was just starting to garner attention. Through relentless innovation, Garmin propelled itself into diverse segments, catering not just to consumers but also professionals and corporations. The company's traditional stronghold was personal navigation devices (PNDs), but over the years, it diversified into segments such as aviation, marine, outdoor, fitness, and automotive. Each of these divisions operates almost like independent businesses, tapping into specific demands of precise navigation and positioning solutions, much valued across various industries. As the world pivoted towards mobile technology, Garmin adeptly navigated these changes, focusing on integrating its technologies into various devices and platforms. The firm generates revenue primarily through the sale of its robust product lines and services that enhance lifestyles and professional pursuits. Beyond traditional GPS devices, Garmin develops satellite communication tools, smartwatches, action cameras, and even sophisticated avionics systems, thus widening its market reach while solidifying its brand as a leader in innovation. Their approach of being both vertically and horizontally integrated has allowed them to penetrate markets deeply, optimizing their supply chain and ensuring tight quality control which ensures that they consistently stay ahead of the competition in delivering value to their customers across the globe.

GRMN Intrinsic Value
129.31 USD
Overvaluation 37%
Intrinsic Value
Price
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See Also

What is Garmin Ltd's Change in Deffered Taxes?
Change in Deffered Taxes
-304.5m USD

Based on the financial report for Sep 28, 2024, Garmin Ltd's Change in Deffered Taxes amounts to -304.5m USD.

What is Garmin Ltd's Change in Deffered Taxes growth rate?
Change in Deffered Taxes CAGR 1Y
-130%

Over the last year, the Change in Deffered Taxes growth was -130%.

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