Growth Metrics

Garmin (GRMN) EBITDA: 2009-2024

Historic EBITDA for Garmin (GRMN) over the last 15 years, with Dec 2024 value amounting to $1.6 billion.

  • Garmin's EBITDA rose 4.42% to $456.8 million in Q3 2025 from the same period last year, while for Sep 2025 it was $1.8 billion, marking a year-over-year increase of 25.36%. This contributed to the annual value of $1.6 billion for FY2024, which is 45.95% up from last year.
  • As of FY2024, Garmin's EBITDA stood at $1.6 billion, which was up 45.95% from $1.1 billion recorded in FY2023.
  • In the past 5 years, Garmin's EBITDA registered a high of $1.6 billion during FY2024, and its lowest value of $1.0 billion during FY2022.
  • Moreover, its 3-year median value for EBITDA was $1.1 billion (2023), whereas its average is $1.2 billion.
  • In the last 5 years, Garmin's EBITDA declined by 15.66% in 2022 and then spiked by 45.95% in 2024.
  • Over the past 5 years, Garmin's EBITDA (Yearly) stood at $1.1 billion in 2020, then rose by 15.59% to $1.2 billion in 2021, then fell by 15.66% to $1.0 billion in 2022, then increased by 6.26% to $1.1 billion in 2023, then soared by 45.95% to $1.6 billion in 2024.