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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$ 48.00 GRMN
$ 0.67
% Change: -1.38%
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*Stock quote figures are delayed approximately 15 minutes. Garmin Ltd. is traded on the NASDAQ National Market.
2013 Annual Report
Garmin earned $2.6 billion in revenue in 2013 with record annual revenue in its growth segments of outdoor, fitness, aviation and marine. The company’s gross margin finished at 52 percent and operating margin remained stable at 22 percent.
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The selected financial data represented here and elsewhere in the 2013 annual report should be read in conjunction with the consolidated financial statements and notes included in our Annual Report on Form 10-K.