Company / Working Capital
Garmin Working Capital History
FY2016-FY2025 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest Working Capital
$4.5B
FY2025
5-year range
$2.7B / $4.5B
FY2021-FY2025
Trend
+18.3%
vs FY2024
Sector context
#11 of 224
Consumer Discretionary
What the data says
Among 224 Consumer Discretionary companies, Garmin is in the top 5% for working capital. Working Capital has increased for 3 consecutive years, from $2.7B in FY2022 to $4.5B in FY2025.
Based on SEC 10-K filings.
$4.5B in FY2025 with a 5-year CAGR of +12.6%. Top quartile in the Consumer Discretionary sector.
Improved from $3.2B to $4.5B over the past 2 years.
Consumer Discretionary sector context is included.
Working Capital over time
Growth rates
- 3-Year CAGR
- +18.2%
- 5-Year CAGR
- +12.6%
- 10-Year CAGR
- -
Sector benchmark
+448.8% above sector average
Key checks
Key Insights
- Garmin's working capital has grown for 3 consecutive years.
- 5-year CAGR of +12.6%, indicating consistent growth.
- In FY2025, working capital increased 18.3% year-over-year.
- Ranks #11 out of 224 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 | Working CapitalValue | YoY GrowthYoY |
|---|---|---|
| FY2025 | $4.5B | +18.3% |
| FY2024 | $3.8B | +21.4% |
| FY2023 | $3.2B | +14.9% |
| FY2022 | $2.7B | -2.5% |
| FY2021 | $2.8B | +12.3% |
| FY2020 | $2.5B | +23.9% |
| FY2019 | $2.0B | +15.9% |
| FY2018 | $1.7B | +12.2% |
| FY2017 | $1.6B | +5.0% |
| FY2016 | $1.5B | +10.1% |
As of FY2025 · SEC 10-K · Updated Mar 8, 2026