One vision. Two minds.
Gary Burrell and Min Kao believed GPS was going to change the face of navigation when they founded Garmin in 1989. They were right.
Even through a period of slowing revenues, we have remained a highly profitable company with an enviable balance sheet enabling long-term investment. We have been able to deliver strong returns to our shareholders through our growing dividend as well as stock performance.
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Stock Quote*
$ 35.63 GRMN
$ 1.04
% Change: -2.84%
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*Stock quote figures are delayed approximately 15 minutes. Garmin Ltd. is traded on the NASDAQ National Market.
2012 Annual Report
Garmin earned $2.72 billion in revenue in 2012. Our gross margin finished at 53 percent and our operating margin closed at 22 percent — very strong numbers for a consumer electronics company.
Online Annual Report PDF Annual Report
The selected financial data represented here and elsewhere in the 2012 annual report should be read in conjunction with the consolidated financial statements and notes included in our Annual Report on Form 10-K.
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