What does EMEA — revenue (gross) mean?

The total revenue from customers in the EMEA region, including all applicable taxes.

How do you interpret EMEA — revenue (gross)?

An increase reflects higher total transaction volume, though it must be analyzed alongside tax-exclusive revenue to determine if growth is driven by volume or tax-related fluctuations.

How does EMEA — revenue (gross) compare across companies?

Often used in jurisdictions with high VAT or consumption taxes to track total regional billing volume.

Garmin GRMN EMEA — Revenue (Gross)

Discontinued — last reported Q3 '19

Similar metrics at other companies

FFIVEMEA — Revenue (Gross)

$136.55M-0.3%

IPEMEA — Revenue (Gross)

$423.25M+5.1%

ILMNEurope Middle East And Africa — Revenue (Gross)

$210M+8.2%

TEC

TECHEMEA Excluding UK — Revenue (Gross)

$37.15M+18.8%

ENSEMEA — Revenue (Gross)

$196.81M-8.5%

ACMEMEA — Revenue From Contract With Customer Excluding Tax Assessed

$496.2M-4.4%

Other financials

Income statement

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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

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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:RevenueFromContractWithCustomerIncludingAssessedTax.

The official record: Garmin’s 10-Q, filed October 30, 2019, on SEC EDGAR. View the filing →

Questions, answered.

What does EMEA — revenue (gross) mean?: The total revenue from customers in the EMEA region, including all applicable taxes.
How do you interpret EMEA — revenue (gross)?: An increase reflects higher total transaction volume, though it must be analyzed alongside tax-exclusive revenue to determine if growth is driven by volume or tax-related fluctuations.
How does EMEA — revenue (gross) compare across companies?: Often used in jurisdictions with high VAT or consumption taxes to track total regional billing volume.