What does outdoor segments — operating income mean?

The total profit or loss generated by the outdoor business segment after all operating expenses.

How do you interpret outdoor segments — operating income?

A positive value indicates a profitable segment, while a negative value indicates an operating loss; growth in this figure signals improved segment-level profitability.

How does outdoor segments — operating income compare across companies?

Comparable to segment operating income reported by diversified technology and hardware companies.

Garmin GRMN Outdoor Segments — Operating Income

Discontinued — last reported Q3 '20

Similar metrics at other companies

DECKOperating Segments — Operating Income

$16.79M+713%

GISOperating Segments — Operating Income

$840.6M+8.7%

SWKTools & Outdoor — Operating Income (Loss)

$276M-4.6%

ALLEOperating Segments — Operating Income

$161.6M+7.6%

GPCOperating Segments — Operating Income

$318.5M+11.0%

RLOperating Segments — Operating Income

$263.2M-33.7%

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:OperatingIncomeLoss.

The official record: Garmin’s 10-Q, filed October 28, 2020, on SEC EDGAR. View the filing →

Questions, answered.

What does outdoor segments — operating income mean?: The total profit or loss generated by the outdoor business segment after all operating expenses.
How do you interpret outdoor segments — operating income?: A positive value indicates a profitable segment, while a negative value indicates an operating loss; growth in this figure signals improved segment-level profitability.
How does outdoor segments — operating income compare across companies?: Comparable to segment operating income reported by diversified technology and hardware companies.