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| Date | Value |
|---|---|
| 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 |