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| 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 |