KPIs & Operating Metrics(New)
Balance Sheet
Cash Flow Statement
AcquisitionsAmortizatization of IntangiblesCapital ExpendituresCash from Financing ActivitiesCash from Investing ActivitiesCash from OperationsChange in Account PayablesChange in Accured ExpensesChange in Acquisitions & DivestmentsChange in CashChange in InventoryChange in ReceivablesChange in TaxesDeferred TaxesDepreciation & Amortization (CF)Depreciation and DepletionDividends Paid - CommonExchange Rate EffectFree Cash FlowGains from Investment SecuritiesGains from Sales and DivestituresNet Cash FlowNet IncomeOther Working Capital ChangesShare-based Compensation
Daily Values
Growth Metrics
Income Statement
Others
Ratios

Garmin (GRMN) Change in Taxes: 2009-2024

Historic Change in Taxes for Garmin (GRMN) over the last 14 years, with Dec 2024 value amounting to $43.7 million.

  • Garmin's Change in Taxes rose 118.46% to $1.7 million in Q3 2025 from the same period last year, while for Sep 2025 it was $6.9 million, marking a year-over-year decrease of 91.15%. This contributed to the annual value of $43.7 million for FY2024, which is 214.85% up from last year.
  • Per Garmin's latest filing, its Change in Taxes stood at $43.7 million for FY2024, which was up 214.85% from -$38.0 million recorded in FY2023.
  • In the past 5 years, Garmin's Change in Taxes registered a high of $49.9 million during FY2022, and its lowest value of -$38.0 million during FY2023.
  • Moreover, its 3-year median value for Change in Taxes was $43.7 million (2024), whereas its average is $18.5 million.
  • Its Change in Taxes has fluctuated over the past 5 years, first spiked by 503.68% in 2022, then crashed by 176.25% in 2023.
  • Garmin's Change in Taxes (Yearly) stood at -$20.7 million in 2020, then soared by 139.98% to $8.3 million in 2021, then spiked by 503.68% to $49.9 million in 2022, then crashed by 176.25% to -$38.0 million in 2023, then soared by 214.85% to $43.7 million in 2024.