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Garmin (Garmin) Earnings per Share (Diluted)

: $6.71 (TTM As of Dec. 2023)
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Garmin's Earnings per Share (Diluted) for the three months ended in Dec. 2023 was $2.82. Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Dec. 2023 was $6.71.

Garmin's EPS (Basic) for the three months ended in Dec. 2023 was $2.83. Its EPS (Basic) for the trailing twelve months (TTM) ended in Dec. 2023 was $6.74.

Garmin's EPS without NRI for the three months ended in Dec. 2023 was $2.73. Its EPS without NRI for the trailing twelve months (TTM) ended in Dec. 2023 was $6.59.

During the past 12 months, Garmin's average EPS without NRIGrowth Rate was 29.30% per year. During the past 3 years, the average EPS without NRIGrowth Rate was 8.50% per year. During the past 5 years, the average EPS without NRI Growth Rate was 9.00% per year. During the past 10 years, the average EPS without NRI Growth Rate was 11.50% per year.

During the past 13 years, Garmin's highest 3-Year average EPS without NRI Growth Rate was 53.80% per year. The lowest was -11.30% per year. And the median was 14.30% per year.


Garmin Earnings per Share (Diluted) Historical Data

The historical data trend for Garmin's Earnings per Share (Diluted) can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Garmin Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Earnings per Share (Diluted)
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 4.99 5.17 5.61 5.04 6.71

Garmin Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Earnings per Share (Diluted) Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.53 1.05 1.50 1.34 2.82

Competitive Comparison

For the Scientific & Technical Instruments subindustry, Garmin's PE Ratio, along with its competitors' market caps and PE Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Garmin PE Ratio Distribution

For the Hardware industry and Technology sector, Garmin's PE Ratio distribution charts can be found below:

* The bar in red indicates where Garmin's PE Ratio falls into.



Garmin Earnings per Share (Diluted) Calculation

Earnings Per Share (EPS) is the amount of earnings per outstanding share of the company's stock. In calculating earnings per share, the dividends of preferred stocks need to subtracted from the total net income first.

Garmin's Earnings Per Share (Diluted) for the fiscal year that ended in Dec. 2023 is calculated as

Diluted Earnings Per Share (A: Dec. 2023 ) = (Net Income - Preferred Dividends) / Shares Outstanding (Diluted Average)
=(1289.636-0)/192.058
=6.71

Garmin's Earnings Per Share (Diluted) for the quarter that ended in Dec. 2023 is calculated as

Diluted Earnings Per Share (Q: Dec. 2023 )=(Net Income - Preferred Dividends / Shares Outstanding (Diluted Average)
=(542.127-0)/192.916
=2.81

Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $6.71

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Companies also reported diluted shares in their financial reports. Diluted shares include the shares of convertibles or warrants outstanding.


Garmin  (NYSE:GRMN) Earnings per Share (Diluted) Explanation

Earnings Per Share (EPS) is the single most important variable used by Wall Street in determining the earnings power of a company. But investors need to be aware that Earnings per Share can be easily manipulated by adjusting depreciation and amortization rate or non-recurring items. That's why GuruFocus lists EPS without NRI, which better reflects the company's underlying performance.


Be Aware

Compared with Earnings per share, a company's cash flow is better indicator of the company's earnings power.

If a company's earnings per share is less than cash flow per share over long term, investors need to be cautious and find out why.


Garmin Earnings per Share (Diluted) Related Terms

Thank you for viewing the detailed overview of Garmin's Earnings per Share (Diluted) provided by GuruFocus.com. Please click on the following links to see related term pages.


Garmin (Garmin) Business Description

Industry
Traded in Other Exchanges
Address
Muhlentalstrasse 2, Schaffhausen, CHE, 8200
Garmin produces GPS-enabled hardware and software for five verticals: fitness, outdoors, auto, aviation, and marine. The company relies on licensing mapping data to enable its hardware specialized for often niche activities like scuba diving or sailing. Garmin operates in 100 countries and sells its products via distributors as well as relationships with original equipment manufacturers.
Executives
Clifton A Pemble director, officer: President and CEO
Cheng-wei Wang officer: General Manager - Garmin Corp. NO. 68, ZHANGSHU 2ND ROAD, XIZHI DISTRICT, NEW TAIPEI CITY F5 221
Sean Biddlecombe officer: General Manager, Garmin Europe LIBERTY HOUSE, HOUNSDOWN BUSINESS PARK, SOUTHAMPTON X0 SO40 9LR
Douglas G. Boessen officer: CFO and Treasurer 3231 S.E. SIXTH AVENUE, TOPEKA KS 66607
Patrick Desbois officer: Vice President, Operations 1200 EAST 151ST STREET, OLATHE KS 66062
Matthew Munn officer: VP, Man. Director - Auto OEM 28001 CABOT DRIVE, SUITE 100, NOVI MI 48377
Philip Straub officer: VP, Man. Director - Aviation 1200 EAST 151ST STREET, OLATHE KS 66062
Jonathan Burrell 10 percent owner 6300 WEST 143RD STREET, OVERLAND PARK KS 66223
Joseph J Hartnett director 425 NORTH MARTINGALE ROAD, SUITE 1000, SCHAUMBURG IL 60173
Min H Kao director, 10 percent owner, officer: Chairman and CEO 1200 E. 151ST ST., OLATHE KS 66062
Catherine A. Lewis director 325 NE NORTHGATE CROSSING, LEE'S SUMMIT MO 64064
Pao-chang Huang officer: General Manager - Garmin Corp. NO. 68, JANGSHU 2ND ROAD, SIJHIH, TAPEI F5 ROC
Danny J Bartel officer: Vice President,Worldwide Sales 1200 EAST 151ST STREET, OLATHE KS 66062
Donald Eller director
Andrew R Etkind officer: General Counsel and Secretary 1200 E 151 ST ST, OLATHE KS 66062

Garmin (Garmin) Headlines

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