Garmin Balance Sheet
GRMN / Consumer Discretionary|15 years of annual SEC 10-K data (FY2011-FY2025)
Shows total assets, cash and equivalents, receivables, property and equipment, total debt, and shareholders' equity across 15 fiscal years. All figures from audited SEC 10-K filings.
Garmin had $11.0B in total assets and $9.0B in shareholders' equity as of FY2025.
Based on SEC 10-K filings.
Key Data Points
- Altman Z-Score 3.88 (safe zone, above 2.9 threshold)
- Strong profit margin: 22.6%
Data sourced from SEC EDGAR filings. Not investment advice.
| Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | FY2015 | FY2014 | FY2013 | FY2012 | FY2011 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Equivalents | $2.3B | $2.1B | $1.7B | $1.3B | $1.5B | $1.5B | $1.0B | $1.2B | $891.5M | $846.9M | $833.1M | $1.2B | $1.2B | $1.2B | $1.3B |
| Accounts Receivable | $1.3B | $983.4M | $815.2M | $656.8M | $843.4M | $849.5M | $706.8M | $569.8M | $590.9M | $527.1M | $531.5M | $570.2M | $564.6M | $603.7M | $607.5M |
| Inventory | $1.8B | $1.5B | $1.3B | $1.5B | $1.2B | $762.1M | $752.9M | $561.8M | $517.6M | $484.8M | $500.6M | $420.5M | $382.2M | $389.9M | $397.7M |
| Current Assets | $6.2B | $5.3B | $4.5B | $4.0B | $4.3B | $3.7B | $3.1B | $2.7B | $2.3B | $2.3B | $2.2B | $2.5B | $2.6B | $2.5B | $2.6B |
| PP&E (Net) | $1.4B | $1.2B | $1.2B | $1.1B | $1.1B | $855.5M | $728.9M | $663.5M | $595.7M | $482.9M | $446.1M | $430.9M | $414.8M | $409.8M | $417.1M |
| Goodwill | $760.2M | $603.9M | $608.5M | $568.0M | $575.1M | $584.2M | $467.1M | $301.0M | $287.0M | $224.6M | $187.8M | $178.6M | $179.3M | $176.1M | $179.5M |
| Total Assets | $11.0B | $9.6B | $8.6B | $7.7B | $7.9B | $7.0B | $6.2B | $5.4B | $4.9B | $4.5B | $4.5B | $4.7B | $4.9B | $4.8B | $4.5B |
| Current Liabilities | $1.7B | $1.5B | $1.3B | $1.2B | $1.4B | $1.2B | $1.0B | $921.3M | $792.1M | $782.7M | $866.0M | $1.0B | $905.3M | $909.0M | $858.3M |
| Shareholders' Equity | $9.0B | $7.8B | $7.0B | $6.2B | $6.1B | $5.5B | $4.8B | $4.2B | $3.9B | $3.5B | $3.4B | $3.4B | $3.7B | $3.5B | $3.3B |