Garmin Ltd - Detailed Introduction, Company Background, Business Scope, Financial Data, and Market Performance

More Details of Garmin Ltd Company

Garmin Ltd. (Garmin) is a Switzerland-based entity. The Company and its subsidiaries offer global positioning system (GPS) navigation and wireless devices and applications. The Company operates through five segments: fitness, outdoor, aviation, marine and auto. It offers a range of auto navigation products, as well as a range of products and applications designed for the mobile GPS market. It 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.

Garmin Ltd Info

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Ticker SymbolGRMN

Company nameGarmin Ltd

IPO dateDec 08, 2000

CEOMr. Clifton Albert (Cliff) Pemble

Number of employees21800

Security typeOrdinary Share

Fiscal year-endDec 08

AddressMuehlentalstrasse 2

CitySCHAFFHAUSEN

Stock exchangeNYSE Consolidated

CountrySwitzerland

Postal code8200

Phone41526301600

Websitehttps://www.garmin.com/

Ticker SymbolGRMN

IPO dateDec 08, 2000

CEOMr. Clifton Albert (Cliff) Pemble

Company Executives of Garmin Ltd

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Name

Name/Position

Position

Shareholding

Change

Dr. Min Hwan Kao, Ph.D.

Executive Chairman of the Board

18.68M

-0.02%

Mr. Jonathan C. Burrell

Non-Executive Independent Director

9.77M

-8.49%

Mr. Danny J. Bartel

Vice President - Worldwide Sales of Garmin International, Inc.

190.48K

+1.65%

Mr. Philip I. Straub

Executive Vice President, Managing Director - Aviation of Garmin International, Inc.

75.15K

-0.58%

Mr. Cheng-Wei Wang

General Manager of Garmin Corporation

34.97K

-22.59%

Mr. Joseph J. Hartnett, CPA

Non-Executive Independent Director

21.38K

+2.81%

Mr. Douglas G. (Doug) Boessen, CPA

Chief Financial Officer, Treasurer

11.13K

-14.31%

Ms. Catherine A. (Cathy) Lewis, CPA

Non-Executive Independent Director

7.41K

+8.58%

Ms. Laurie A. Minard

Vice President - Human Resources of Garmin International, Inc.

4.34K

-15.36%

Ms. Susan M. Ball

Non-Executive Independent Director

1.85K

+46.25%

Name

Name/Position

Position

Shareholding

Change

Dr. Min Hwan Kao, Ph.D.

Executive Chairman of the Board

18.68M

-0.02%

Mr. Jonathan C. Burrell

Non-Executive Independent Director

9.77M

-8.49%

Mr. Danny J. Bartel

Vice President - Worldwide Sales of Garmin International, Inc.

190.48K

+1.65%

Mr. Philip I. Straub

Executive Vice President, Managing Director - Aviation of Garmin International, Inc.

75.15K

-0.58%

Mr. Cheng-Wei Wang

General Manager of Garmin Corporation

34.97K

-22.59%

Mr. Joseph J. Hartnett, CPA

Non-Executive Independent Director

21.38K

+2.81%

Revenue Breakdown

Currency: USDUpdated: Mon, Oct 6

FY2025Q2

FY2025Q1

FY2024

FY2024Q4

FY2024Q3

FY2024Q2

FY2024Q1

FY2023

FY2023Q4

FY2023Q3

FY2023Q2

FY2023Q1

FY2022

FY2022Q4

FY2022Q3

FY2022Q2

FY2022Q1

FY2021

FY2020

FY2019

No Data

By RegionUSD

Name

Revenue

Proportion

Americas

878.01M

48.39%

EMEA

677.40M

37.33%

APAC

259.15M

14.28%

By Business

By Region

No Data

Shareholding Stats

Updated: Tue, Aug 19

Shareholders

Shareholder Types

Shareholders

Proportion

The Vanguard Group, Inc.

10.21%

Kao (Min Hwan)

9.71%

BlackRock Institutional Trust Company, N.A.

5.22%

Burrell (Jonathan C)

5.08%

State Street Investment Management (US)

3.70%

Other

66.07%

Shareholders

Proportion

The Vanguard Group, Inc.

10.21%

Kao (Min Hwan)

9.71%

BlackRock Institutional Trust Company, N.A.

5.22%

Burrell (Jonathan C)

5.08%

State Street Investment Management (US)

3.70%

Other

66.07%

Shareholder Types

Shareholders

Proportion

Investment Advisor

35.58%

Investment Advisor/Hedge Fund

15.21%

Individual Investor

15.08%

Pension Fund

1.69%

Research Firm

1.54%

Hedge Fund

1.24%

Sovereign Wealth Fund

1.07%

Bank and Trust

1.00%

Family Office

0.07%

Other

27.50%

Institutional Shareholding

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Updated: Wed, Oct 1

Reporting Period

No. of institutions

Shares Held

Proportion

Change

2025Q3

1740

110.44M

57.37%

-4.40M

2025Q2

1752

140.15M

72.80%

-3.70M

2025Q1

1766

140.67M

73.06%

-10.27M

2024Q4

1683

146.55M

76.17%

-5.03M

2024Q3

1601

147.48M

76.76%

-1.53M

2024Q2

1592

145.88M

75.95%

-4.80M

2024Q1

1563

145.62M

76.28%

-4.05M

2023Q4

1581

144.95M

77.22%

-3.95M

2023Q3

1580

143.62M

75.03%

-7.93M

2023Q2

1575

146.02M

76.31%

-3.58M

Shareholder Activity

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Name

Shares Held

Proportion

Change

Chg %

Date

The Vanguard Group, Inc.

19.63M

10.2%

+1.27M

+6.92%

Jun 30, 2025

Kao (Min Hwan)

18.68M

9.71%

-3.28K

-0.02%

Sep 30, 2025

BlackRock Institutional Trust Company, N.A.

10.05M

5.22%

+2.42K

+0.02%

Jun 30, 2025

Burrell (Jonathan C)

9.77M

5.08%

-905.92K

-8.49%

Jun 30, 2025

State Street Investment Management (US)

7.12M

3.7%

-125.67K

-1.73%

Jun 30, 2025

Artisan Partners Limited Partnership

5.89M

3.06%

+356.16K

+6.43%

Jun 30, 2025

Geode Capital Management, L.L.C.

4.61M

2.39%

+59.32K

+1.30%

Jun 30, 2025

Fidelity Management & Research Company LLC

3.24M

1.69%

-681.55K

-17.36%

Jun 30, 2025

Norges Bank Investment Management (NBIM)

1.97M

1.02%

+45.01K

+2.34%

Jun 30, 2025

BlackRock Asset Management Ireland Limited

1.96M

1.02%

+189.32K

+10.71%

Jun 30, 2025

Related ETFs

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Updated: Mon, Oct 6

Name

Proportion

Global X Internet of Things ETF

6.03%

Procure Space ETF

4.21%

iShares Future Metaverse Tech & Communications ETF

3.65%

Knowledge Leaders Developed World ETF

3.4%

Adaptive Core ETF

3.03%

Siren DIVCON Leaders Dividend ETF

2.97%

Siren DIVCON Dividend Defender ETF

2.62%

Invesco Bloomberg Pricing Power ETF

2.27%

Freedom Day Dividend ETF

2.16%

First Trust Growth Strength ETF

2.09%

Global X Internet of Things ETF

Proportion6.03%

Procure Space ETF

Proportion4.21%

iShares Future Metaverse Tech & Communications ETF

Proportion3.65%

Knowledge Leaders Developed World ETF

Proportion3.4%

Adaptive Core ETF

Proportion3.03%

Siren DIVCON Leaders Dividend ETF

Proportion2.97%

Siren DIVCON Dividend Defender ETF

Proportion2.62%

Invesco Bloomberg Pricing Power ETF

Proportion2.27%

Freedom Day Dividend ETF

Proportion2.16%

First Trust Growth Strength ETF

Proportion2.09%

Dividend

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A total of 2.75B USD has been distributed in dividends over the past 5 years.

Date

Dividend

Record Date

Payment Date

Ex-dividend Date

Feb 21, 2024

GRMN.NB Interim Cash Dividend of gross USD 0.75 paid on Mar 28, 2025 going ex on Mar 14, 2025

Mar 14, 2025

Mar 28, 2025

Mar 14, 2025

Feb 21, 2024

GRMN.NB Final Cash Dividend of gross USD 0.75 paid on Dec 27, 2024 going ex on Dec 13, 2024

Dec 13, 2024

Dec 27, 2024

Dec 13, 2024

Feb 21, 2024

GRMN.NB Interim Cash Dividend of gross USD 0.75 paid on Sep 27, 2024 going ex on Sep 13, 2024

Sep 13, 2024

Sep 27, 2024

Sep 13, 2024

Feb 21, 2024

GRMN.NB Interim Cash Dividend of gross USD 0.75 paid on Jun 28, 2024 going ex on Jun 17, 2024

Jun 17, 2024

Jun 28, 2024

Jun 17, 2024

Feb 22, 2023

GRMN.NB Interim Cash Dividend of gross USD 0.73 paid on Mar 29, 2024 going ex on Mar 14, 2024

Mar 15, 2024

Mar 29, 2024

Mar 14, 2024

Feb 22, 2023

GRMN.NB Final Cash Dividend of gross USD 0.73 paid on Dec 29, 2023 going ex on Dec 14, 2023

Dec 15, 2023

Dec 29, 2023

Dec 14, 2023

Feb 22, 2023

GRMN.NB Interim Cash Dividend of gross USD 0.73 paid on Sep 29, 2023 going ex on Sep 14, 2023

Sep 15, 2023

Sep 29, 2023

Sep 14, 2023

Feb 22, 2023

GRMN.NB Interim Cash Dividend of gross USD 0.73 paid on Jun 30, 2023 going ex on Jun 16, 2023

Jun 20, 2023

Jun 30, 2023

Jun 16, 2023

Feb 16, 2022

GRMN.NB Interim Cash Dividend of gross USD 0.73 paid on Mar 31, 2023 going ex on Mar 14, 2023

Mar 15, 2023

Mar 31, 2023

Mar 14, 2023

Feb 16, 2022

GRMN.NB Final Cash Dividend of gross USD 0.73 paid on Dec 30, 2022 going ex on Dec 14, 2022

Dec 15, 2022

Dec 30, 2022

Dec 14, 2022

Stock Split

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Date

Type

Ratio

No Data

Date

Type

Ratio

No Data