Company / Cash & Equivalents
Garmin Cash & Equivalents History
FY2016-FY2025 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest Cash & Equivalents
$2.3B
FY2025
5-year range
$1.3B / $2.3B
FY2021-FY2025
Trend
+9.6%
vs FY2024
Sector context
#23 of 218
Consumer Discretionary
What the data says
Garmin's cash & equivalents of $2.3B is higher than 89% of companies in the Consumer Discretionary sector (FY2025). Cash & Equivalents has increased for 3 consecutive years, from $1.3B in FY2022 to $2.3B in FY2025.
Based on SEC 10-K filings.
$2.3B in FY2025 with a 5-year CAGR of +9.3%. Top quartile in the Consumer Discretionary sector.
Improved from $1.7B to $2.3B over the past 2 years.
Consumer Discretionary sector context is included.
Cash & Equivalents over time
Growth rates
- 3-Year CAGR
- +21.2%
- 5-Year CAGR
- +9.3%
- 10-Year CAGR
- -
Sector benchmark
+51.0% above sector average
Key checks
Key Insights
- Garmin's cash & equivalents has grown for 3 consecutive years.
- 5-year CAGR of +9.3%, indicating consistent growth.
- In FY2025, cash & equivalents increased 9.6% year-over-year.
- Ranks #23 out of 218 companies in the Consumer Discretionary sector.
Company context
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.
Annual data
| Year | Cash & EquivalentsValue | YoY GrowthYoY |
|---|---|---|
| FY2025 | $2.3B | +9.6% |
| FY2024 | $2.1B | +22.8% |
| FY2023 | $1.7B | +32.4% |
| FY2022 | $1.3B | -14.6% |
| FY2021 | $1.5B | +2.7% |
| FY2020 | $1.5B | +41.9% |
| FY2019 | $1.0B | -14.5% |
| FY2018 | $1.2B | +34.8% |
| FY2017 | $891.5M | +5.3% |
| FY2016 | $846.9M | +1.7% |
As of FY2025 · SEC 10-K · Updated Mar 8, 2026