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Garmin Ltd
Selling, General & Administrative
Garmin Ltd
Selling, General & Administrative Peer Comparison
Competitors Analysis
Latest Figures & CAGR of Competitors
Company | Selling, General & Administrative | CAGR 3Y | CAGR 5Y | CAGR 10Y | ||
---|---|---|---|---|---|---|
G
|
Garmin Ltd
NYSE:GRMN
|
Selling, General & Administrative
-$1.1B
|
CAGR 3-Years
-10%
|
CAGR 5-Years
-10%
|
CAGR 10-Years
-8%
|
Garmin Ltd
Glance View
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.
See Also
What is Garmin Ltd's Selling, General & Administrative?
Selling, General & Administrative
-1.1B
USD
Based on the financial report for Sep 28, 2024, Garmin Ltd's Selling, General & Administrative amounts to -1.1B USD.
What is Garmin Ltd's Selling, General & Administrative growth rate?
Selling, General & Administrative CAGR 10Y
-8%
Over the last year, the Selling, General & Administrative growth was -11%. The average annual Selling, General & Administrative growth rates for Garmin Ltd have been -10% over the past three years , -10% over the past five years , and -8% over the past ten years .