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

Garmin (GRMN) posted Change in Intangibles of $329000.0 for Q4 2023, little changed sequentially from $328000.0 in Q3 2023, and down 33.67% YoY from $496000.0 in Q4 2022.

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

Garmin (GRMN) has 15 years of Change in Intangibles data on file, last reported at $329000.0 in Q4 2023.

  • Quarterly Change in Intangibles fell 33.67% year-over-year to $329000.0 in Q4 2023, while the trailing twelve-month figure through Dec 2023 was $1.5 million (down 21.13% YoY) and the FY2023 annual result came in at $1.5 million, down 21.13% from the prior year.
  • Change in Intangibles held at $329000.0 in Q4 2023 per GRMN's latest filing, from $328000.0 in the prior quarter.
  • The five-year high for Change in Intangibles was $1.0 million in Q3 2019, with the low at $238000.0 in Q3 2021.
  • Average Change in Intangibles over 5 years is $489750.0, with a median of $431000.0 recorded in 2019.
  • Year-over-year, Change in Intangibles sank 74.54% in 2019 and jumped 130.75% in 2020.
  • Garmin's Change in Intangibles stood at $515000.0 in 2019, then retreated by 18.06% to $422000.0 in 2020, then rose by 26.54% to $534000.0 in 2021, then retreated by 7.12% to $496000.0 in 2022, then plunged by 33.67% to $329000.0 in 2023.
  • Business Quant data shows GRMN's Change in Intangibles at $329000.0 in Q4 2023, $328000.0 in Q3 2023, and $515000.0 in Q3 2023.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Change in Intangibles (Qtr)
1 Coherent 3,591.32 Bn 3,590.02 Bn 679.95 Mn -
2 Novanta 69.39 Bn 69.00 Bn 113.58 Mn -
3 Keysight Technologies 57.75 Bn 55.57 Bn 995.00 Mn -
4 Teledyne Technologies 30.63 Bn 30.33 Bn 673.80 Mn -
5 Fortive 19.14 Bn 18.79 Bn 675.50 Mn -
6 Trimble 12.33 Bn 12.10 Bn 646.30 Mn -
7 Cognex 11.87 Bn 11.58 Bn 190.94 Mn -
8 Sensata Technologies Holding 6.78 Bn 6.14 Bn 286.30 Mn -
9 Garmin 4.63 Bn 1.93 Bn 1.04 Bn -
10 Badger Meter 4.28 Bn 4.07 Bn 84.33 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