Company / Goodwill
Garmin Goodwill History
FY2016-FY2025 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest Goodwill
$760.2M
FY2025
5-year range
$568.0M / $760.2M
FY2021-FY2025
Trend
+25.9%
vs FY2024
Sector context
#77 of 214
Consumer Discretionary
What the data says
At $760M, Garmin's goodwill ranks #77 of 214 in the Consumer Discretionary sector. Goodwill has fluctuated over the past 10 years, ranging from $225M in FY2016 to $760M in FY2025.
Based on SEC 10-K filings.
$760M in FY2025 with a 5-year CAGR of +5.4%.
Improved from $608M to $760M over the past 2 years.
Consumer Discretionary sector context is included.
Goodwill over time
Growth rates
- 3-Year CAGR
- +10.2%
- 5-Year CAGR
- +5.4%
- 10-Year CAGR
- -
Sector benchmark
#77 of 214 in Consumer DiscretionaryTop 36% of 214This company $760.2M Sector average $1.2B
▼
-37.6% below sector average
Key checks
Key Insights
- 5-year CAGR of +5.4%, indicating consistent growth.
- In FY2025, goodwill increased 25.9% year-over-year.
- Ranks #77 out of 214 companies in the Consumer Discretionary sector.
- Lowest goodwill in the period was in FY2016.
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 | GoodwillValue | YoY GrowthYoY |
|---|---|---|
| FY2025 | $760.2M | +25.9% |
| FY2024 | $603.9M | -0.7% |
| FY2023 | $608.5M | +7.1% |
| FY2022 | $568.0M | -1.2% |
| FY2021 | $575.1M | -1.6% |
| FY2020 | $584.2M | +25.1% |
| FY2019 | $467.1M | +55.2% |
| FY2018 | $301.0M | +4.9% |
| FY2017 | $287.0M | +27.8% |
| FY2016 | $224.6M | +19.6% |
As of FY2025 · SEC 10-K · Updated Mar 8, 2026