What is Garmin's auto — revenue?

Garmin (GRMN) reported auto — revenue of $423.3M in Q4 2022.

How has Garmin's auto — revenue changed year-over-year?

Garmin's auto — revenue increased by 150.2% year-over-year, from $169.19M to $423.3M.

What does auto — revenue mean?

The total sales revenue from the automotive segment, excluding collected taxes.

How do you interpret auto — revenue?

Increasing revenue indicates strong market adoption of automotive products, while decreasing revenue suggests competitive pressure or market saturation.

How does auto — revenue compare across companies?

Standard revenue reporting metric used across all public companies to show core business performance.

Garmin GRMN Auto — Revenue

Discontinued — last reported Q4 '22

Similar metrics at other companies

GPCAutomotive — Revenue

$2.65B+23.3%

MODAutomotive — Revenue

$89.3M-20.6%

LFUSAutomotive — Revenue (Gross)

$124.42M+18.8%

PAGRetail Automotive Dealership — Revenue

$6.97B+0.7%

APTVAdvanced Safety and User Experience — Revenue from Contract with Customer, Excluding Assessed Tax

$1.42B+2.8%

ALLAuto — Revenue

$6.08B+4.9%

Other financials

Income statement

See full

Revenue$1.8B+14.2%

Gross profit$1.0B+17.8%

Operating income$431.7M+29.7%

Net income$405.1M+21.7%

EPS (diluted)$2.09+21.5%

Balance sheet

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Cash & equivalents$2.3B+5.3%

Total debt$167.6M+19.5%

Total equity$9.3B+13.3%

Total assets$11.0B+11.9%

Cash flow

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Operating cash flow$536.0M+27.4%

CapEx$66.6M+66.3%

Free cash flow$469.4M+23.3%

Valuation

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Market cap$45.17B+6.9%

Enterprise value$43.04B+7.0%

P/E26×-2.8×

P/S6.1×-0.5×

Profitability

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Gross margin59.1%+0.6pp

Operating margin26.5%+1.2pp

Net margin23.3%+0.5pp

FCF margin19.4%+0.6pp

Returns & leverage

See full

Return on equity19.9%+0.9pp

Debt / equity0×0.0×

Current ratio4.4×+0.3×

Where this comes from

Reported directly by Garmin in its filing.

Tagged under the XBRL concept us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax.

The official record: Garmin’s 10-K, filed February 22, 2023, on SEC EDGAR. View the filing →

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Questions, answered.

What is Garmin's auto — revenue?: Garmin (GRMN) reported auto — revenue of $423.3M in Q4 2022.
How has Garmin's auto — revenue changed year-over-year?: Garmin's auto — revenue increased by 150.2% year-over-year, from $169.19M to $423.3M.
What does auto — revenue mean?: The total sales revenue from the automotive segment, excluding collected taxes.
How do you interpret auto — revenue?: Increasing revenue indicates strong market adoption of automotive products, while decreasing revenue suggests competitive pressure or market saturation.
How does auto — revenue compare across companies?: Standard revenue reporting metric used across all public companies to show core business performance.