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Garmin (Garmin) 3-Year FCF Growth Rate : 7.60% (As of Dec. 2023)


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What is Garmin 3-Year FCF Growth Rate?

Garmin's Free Cash Flow per Share for the three months ended in Dec. 2023 was $2.16.

During the past 12 months, Garmin's average Free Cash Flow per Share Growth Rate was 119.00% per year. During the past 3 years, the average Free Cash Flow per Share Growth Rate was 7.60% per year. During the past 5 years, the average Free Cash Flow per Share Growth Rate was 4.70% per year. During the past 10 years, the average Free Cash Flow per Share Growth Rate was 8.80% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average Free Cash Flow per Share growth rate.

During the past 13 years, the highest 3-Year average Free Cash Flow per Share Growth Rate of Garmin was 124.60% per year. The lowest was -32.00% per year. And the median was 6.60% per year.


Competitive Comparison of Garmin's 3-Year FCF Growth Rate

For the Scientific & Technical Instruments subindustry, Garmin's 3-Year FCF Growth Rate, along with its competitors' market caps and 3-Year FCF Growth Rate data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Garmin's 3-Year FCF Growth Rate Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Garmin's 3-Year FCF Growth Rate distribution charts can be found below:

* The bar in red indicates where Garmin's 3-Year FCF Growth Rate falls into.



Garmin 3-Year FCF Growth Rate Calculation

This is the 3-year average growth rate of Free Cash Flow per Share. The growth rate is calculated using exponential compounding based on the latest four year annual data.

Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average Free Cash Flow per Share growth rate.


Garmin  (NYSE:GRMN) 3-Year FCF Growth Rate Explanation

Free Cash Flow per Share is the amount of Free Cash Flow per outstanding share of the company's stock. Free Cash Flow is considered one of the most important parameters to measure a company's earnings power by value investors because it is not subject to estimates of Depreciation, Depletion and Amortization (DDA). However, when we look at the Free Cash Flow, we should look from a long term perspective, because any year's Free Cash Flow can be drastically affected by the spending on Property, Plant, & Equipment (PPE) of the business in that year. Over the long term, Free Cash Flow should give pretty good picture on the real earnings power of the company. It's used in the calculation of Forward Rate of Return (Yacktman) %.


Garmin 3-Year FCF Growth Rate Related Terms

Thank you for viewing the detailed overview of Garmin's 3-Year FCF Growth Rate provided by GuruFocus.com. Please click on the following links to see related term pages.


Garmin (Garmin) Business Description

Industry
Traded in Other Exchanges
Address
Muhlentalstrasse 2, Schaffhausen, CHE, 8200
Garmin produces GPS-enabled hardware and software for five verticals: fitness, outdoors, auto, aviation, and marine. The company relies on licensing mapping data to enable its hardware specialized for often niche activities like scuba diving or sailing. Garmin operates in 100 countries and sells its products via distributors as well as relationships with original equipment manufacturers.
Executives
Clifton A Pemble director, officer: President and CEO
Cheng-wei Wang officer: General Manager - Garmin Corp. NO. 68, ZHANGSHU 2ND ROAD, XIZHI DISTRICT, NEW TAIPEI CITY F5 221
Sean Biddlecombe officer: General Manager, Garmin Europe LIBERTY HOUSE, HOUNSDOWN BUSINESS PARK, SOUTHAMPTON X0 SO40 9LR
Douglas G. Boessen officer: CFO and Treasurer 3231 S.E. SIXTH AVENUE, TOPEKA KS 66607
Patrick Desbois officer: Vice President, Operations 1200 EAST 151ST STREET, OLATHE KS 66062
Matthew Munn officer: VP, Man. Director - Auto OEM 28001 CABOT DRIVE, SUITE 100, NOVI MI 48377
Philip Straub officer: VP, Man. Director - Aviation 1200 EAST 151ST STREET, OLATHE KS 66062
Jonathan Burrell 10 percent owner 6300 WEST 143RD STREET, OVERLAND PARK KS 66223
Joseph J Hartnett director 425 NORTH MARTINGALE ROAD, SUITE 1000, SCHAUMBURG IL 60173
Min H Kao director, 10 percent owner, officer: Chairman and CEO 1200 E. 151ST ST., OLATHE KS 66062
Catherine A. Lewis director 325 NE NORTHGATE CROSSING, LEE'S SUMMIT MO 64064
Pao-chang Huang officer: General Manager - Garmin Corp. NO. 68, JANGSHU 2ND ROAD, SIJHIH, TAPEI F5 ROC
Danny J Bartel officer: Vice President,Worldwide Sales 1200 EAST 151ST STREET, OLATHE KS 66062
Donald Eller director
Andrew R Etkind officer: General Counsel and Secretary 1200 E 151 ST ST, OLATHE KS 66062

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