Garmin (GRMN) Change in Intangibles (2009 - 2023)
Garmin (GRMN) posted Change in Intangibles of $329,000 for Q4 2023, down 33.7% from $496,000 a year earlier but up 0.3% from the prior quarter.
Powered by 
Analysis
Garmin (GRMN) Change in Intangibles (2009 - 2023) Analysis & Trends
For FY2023, Garmin's Change in Intangibles came in at $1.5 million, down 21.1% from FY2022.
- Annual Change in Intangibles has declined for six consecutive years, with a five-year compound annual growth rate of -20.0% (FY2018 to FY2023).
- In prior years, Garmin's Change in Intangibles was $1.91 million in FY2022 (-1.8%), $1.94 million in FY2021 (-6.0%), $2.07 million in FY2020 (-13.1%) and $2.38 million in FY2019 (-48.3%).
- Quarterly Change in Intangibles has run from a low of $238,000 in Q3 2021 to a high of $1.01 million in Q3 2019 over five years.
- On a year-over-year basis, Change in Intangibles increased in two of the last eight quarters, with growth averaging 1.1%.
- The strongest year-over-year quarter for Change in Intangibles in the past five years was Q1 2020, with growth of 130.8%; the weakest was Q1 2019, with a decline of 74.5%.
- According to Business Quant data, Change in Intangibles for the three prior quarters was $328,000 (Q3 2023), $515,000 (Q2 2023) and $332,000 (Q1 2023).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Change Intangibless (Qtr) |
|---|---|---|---|---|---|
| 1 | Apple | 4,874.86 Bn | 4,622.35 Bn | 54.77 Bn | - |
| 2 | Cisco Systems | 442.74 Bn | 378.67 Bn | 11.06 Bn | - |
| 3 | Dell Technologies | 360.03 Bn | 315.78 Bn | 9.83 Bn | - |
| 4 | Arista Networks | 261.51 Bn | 214.96 Bn | 1.91 Bn | - |
| 5 | Sandisk | 251.12 Bn | 239.64 Bn | 7.58 Bn | - |
| 6 | Seagate Technology Holdings | 192.54 Bn | 187.54 Bn | 1.90 Bn | - |
| 7 | Western Digital | 149.92 Bn | 138.05 Bn | 2.03 Bn | - |
| 8 | Sony | 146.49 Bn | 96.88 Bn | 6.53 Bn | - |
| 9 | Lumentum Holdings | 96.17 Bn | 87.98 Bn | 477.30 Mn | - |
| 10 | Garmin | 54.28 Bn | 43.63 Bn | 1.26 Bn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Dec 30, 2023 | 329,000.00 |
| Sep 30, 2023 | 328,000.00 |
| Jul 1, 2023 | 515,000.00 |
| Apr 1, 2023 | 332,000.00 |
| Dec 31, 2022 | 496,000.00 |
| Sep 24, 2022 | 524,000.00 |
| Jun 25, 2022 | 340,000.00 |
| Mar 26, 2022 | 547,000.00 |
| Dec 25, 2021 | 534,000.00 |
| Sep 25, 2021 | 238,000.00 |
| Jun 26, 2021 | 410,000.00 |
| Mar 27, 2021 | 760,000.00 |
| Dec 26, 2020 | 422,000.00 |
| Sep 26, 2020 | 269,000.00 |
| Jun 27, 2020 | 421,000.00 |
| Mar 28, 2020 | 953,000.00 |
| Dec 28, 2019 | 515,000.00 |
| Sep 28, 2019 | 1.01 Mn |
| Jun 29, 2019 | 440,000.00 |
| Mar 30, 2019 | 413,000.00 |
API Access
Garmin Change in Intangibles API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=change-in-intangibles&ticker=GRMN&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "change-in-intangibles", "ticker": "GRMN", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=change-in-intangibles&ticker=GRMN&period=max&api_key=YOUR_API_KEY");
const data = await res.json();