Garmin (GRMN) Change in Intangibles (2009 - 2023)

Garmin's (GRMN) quarterly Change in Intangibles came in at $329000.0 in Q4 2023, down 33.67% year-on-year from $496000.0 in Q4 2022, and little changed quarter-over-quarter from $328000.0 in Q3 2023.

Garmin (GRMN) Change in Intangibles (2009 - 2023) Analysis & Trends

Garmin has disclosed Change in Intangibles across 15 years of filings, most recently posting $329000.0 for Q4 2023.

  • Change in Intangibles for Q4 2023 came in at $329000.0, down 33.67% year-over-year; the trailing twelve-month figure through Dec 2023 was $1.5 million (down 21.13% YoY), and the FY2023 annual result was $1.5 million, down 21.13% from the prior year.
  • Change in Intangibles came in at $329000.0 for Q4 2023 at Garmin, roughly flat from $328000.0 in the prior quarter.
  • In the past five years, Change in Intangibles ranged from a high of $1.0 million in Q3 2019 to a low of $238000.0 in Q3 2021.
  • The 5-year median for Change in Intangibles is $431000.0 (2019), against an average of $489750.0.
  • Across the five-year window, Change in Intangibles tumbled 74.54% in 2019 and soared 130.75% in 2020, its largest moves.
  • Garmin's Change in Intangibles stood at $515000.0 in 2019, then dropped by 18.06% to $422000.0 in 2020, then climbed by 26.54% to $534000.0 in 2021, then dropped by 7.12% to $496000.0 in 2022, then tumbled by 33.67% to $329000.0 in 2023.
  • The last three Change in Intangibles figures came in at $329000.0 (Q4 2023), $328000.0 (Q3 2023), and $515000.0 (Q3 2023), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Change in Intangibles (Qtr)
1 Coherent 67.67 Bn 66.37 Bn 679.95 Mn -
2 Keysight Technologies 57.00 Bn 54.83 Bn 995.00 Mn -
3 Garmin 45.82 Bn 43.12 Bn 1.04 Bn -
4 Teledyne Technologies 28.64 Bn 28.34 Bn 673.80 Mn -
5 Mks 21.67 Bn 21.10 Bn 507.00 Mn -
6 Fortive 19.42 Bn 19.07 Bn 675.50 Mn -
7 Trimble 12.42 Bn 12.19 Bn 646.30 Mn -
8 Cognex 10.23 Bn 9.94 Bn 190.94 Mn -
9 Esco Technologies 7.86 Bn 7.77 Bn 131.32 Mn -
10 Sensata Technologies Holding 7.28 Bn 6.64 Bn 286.30 Mn -

Historic Data

Download Data
DateValue
Dec 30, 2023 329,000.00
Dec 30, 2023 329,000.00
Sep 30, 2023 328,000.00
Sep 30, 2023 328,000.00
Jul 1, 2023 515,000.00
Jul 1, 2023 515,000.00
Apr 1, 2023 332,000.00
Apr 1, 2023 332,000.00
Dec 31, 2022 496,000.00
Dec 31, 2022 496,000.00
Sep 24, 2022 524,000.00
Sep 24, 2022 524,000.00
Jun 25, 2022 340,000.00
Jun 25, 2022 340,000.00
Mar 26, 2022 547,000.00
Mar 26, 2022 547,000.00
Dec 25, 2021 534,000.00
Dec 25, 2021 534,000.00
Sep 25, 2021 238,000.00
Sep 25, 2021 238,000.00