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Garmin Ltd (GRMN) company profile

GRMNNYSESearch, Detection, Navigation, Guidance, Aeronautical SysFiscal year ends December 26
Financials through Q3 FY2026, quarter ended Sep 26, 2026Last filing: 10-Q on Oct 28, 2026Score 22/3011% above fair value
$283.03−3.15 (-1.10%)

Close on Nov 13, 2026Market cap $54.54BP/E 27.2Yield –

About Garmin

Search, Detection, Navigation, Guidance, Aeronautical Sys, SIC 3812

Garmin Ltd. designs, develops, manufactures, and markets location-enabled navigation, communications, and sensor-based products and services. The company organizes operations into five core markets: fitness, outdoor, aviation, marine, and auto OEM. Its diverse product portfolio encompasses fitness smartwatches, cycling computers, outdoor handhelds, satellite communicators, aviation avionics and flight decks, marine navigation systems, sonar, and automotive domain controllers. Garmin serves individual consumers, athletes, mariners, aircraft operators, and vehicle original equipment manufacturers.

The company maintains vertically integrated manufacturing operations across Taiwan, the United States, the Netherlands, the United Kingdom, Poland, and China. It distributes products globally through an international network of independent retailers, distributors, repair facilities, direct online channels, and company retail stores, supported by regional offices and approximately 23,000 employees worldwide across the Americas, APAC, and EMEA. Key facilities include sites in Olathe, Kansas, although a specific corporate headquarters is not identified.

Summary of the business section of Garmin's latest annual report, written by StockData.

Company profile

Company

Legal name
Garmin Ltd
Founded
2010
Headquarters
Schaffhausen, Switzerland
Address
Muhlentalstrasse 36/38 8200
Phone
41 52 630 1600
Website
garmin.com
Employees
6,500, Dec 27, 2025
Industry
Search, Detection, Navigation, Guidance, Aeronautical Sys
Incorporated in
V8
Fiscal year ends
December 26
Auditor
Ernst & Young LLP, Kansas City, Missouri

Stock & identifiers

Ticker
GRMN
Exchange
NYSE
IPO date
Dec 11, 2000
Shares outstanding
193M, Oct 23, 2026
Public float
$34.22B, Jun 27, 2025
Filer category
Large accelerated filer
Stock splits
2-for-1, Aug 16, 2006
SEC CIK
1121788
CUSIP
H2906T109
FIGI
BBG000C4LN67
Share class FIGI
BBG001SG0H12
LEI
2549001E0HIPIJQ0W046
EIN
98-0229227

Executives and directors

Officers and directors who filed ownership reports (Forms 3, 4, 5) in the last two years

NamePositionShares owned
Min H. KaoExecutive Chairman, Director19,790,574
Clifton A. PemblePresident and CEO, Director120,382
Joshua H. MaxfieldVP, General Counsel15,573
Bradley C. Trenkleco-COO47,455
Cheng-Wei WangGeneral Manager - Garmin Corp.34,417
Philip StraubEVP, Man. Director - Aviation100,889
Sean BiddlecombeManaging Director, EMEA6,021
Douglas G. BoessenCFO and Treasurer27,422
Laurie A. MinardVP, Human Resources3,785
Edward J. LinkVP, Information Technology28,425
Susan LymanVP, Consumer Sales & Marketing7,523
Patrick Desboisco-COO58,540
Matthew MunnEVP, Man. Director - Auto OEM10,476
Danny J. BartelVP, Global Consumer Sales225,337
Jonathan BurrellDirector5,108,162
Susan M. BallDirector2,388
Catherine A. LewisDirector7,945
Joseph J. HartnettDirector21,277

CEO pay and shareholder return

Pay versus performance table from the proxy statement

Fiscal yearCEO total payCEO pay actually paidOther executives (avg)Value of $100 investedPeer group
FY2025$7.74M$7.79M$2.69M$191$154
FY2024$7.24M$18.06M$2.42M$191$145
FY2023$6.54M$10.68M$2.11M$115$112
FY2022$4.59M$900.89K$1.89M$81$78
FY2021$4.24M$5.97M$1.69M$114$124
FY2020$3.68M$5.91M$1.60M$125$133

“Actually paid” adjusts reported pay for changes in the value of equity awards. Shareholder return assumes $100 invested at the start of the measurement period, as disclosed by the company.

Executive compensation, fiscal 2025

Summary compensation table from the latest proxy statement

ExecutiveSalaryBonusStock awardsOtherTotalvs. prior year
Clifton A. Pemble
President & Chief Executive Officer
$1.40M$358$6.30M$43.91K$7.74M+7%
Douglas G. Boessen
Chief Financial Officer & Treasurer
$800.58K$358$1.70M$43.91K$2.54M+11%
Philip I. Straub
Executive Vice President, Managing Director-Aviation
$850.58K$358$1.83M$41.10K$2.72M+8%
Patrick G. Desbois
co-Chief Operating Officer
$900.58K$358$2.15M$41.10K$3.09M+6%
Bradley C. Trenkle
co-Chief Operating Officer
$601.92K$358$1.75M$35.47K$2.39M+23%

Stock and option awards are grant-date fair values, not realized pay. “Other” includes pension value changes and all other compensation. Source proxy statement.

Employees

Headcount reported in annual reports

“The Company’s products are created by its engineering and development staff, which numbered approximately 6,500 people worldwide as of December 27, 2025.”

Corporate history

Events identified from SEC filings

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