Growth Metrics

Garmin (GRMN) Liabilities and Shareholders Equity: 2009-2024

Historic Liabilities and Shareholders Equity for Garmin (GRMN) over the last 15 years, with Dec 2024 value amounting to $9.6 billion.

  • Garmin's Liabilities and Shareholders Equity rose 12.57% to $10.5 billion in Q3 2025 from the same period last year, while for Sep 2025 it was $40.3 billion, marking a year-over-year increase of 13.52%. This contributed to the annual value of $9.6 billion for FY2024, which is 11.94% up from last year.
  • Garmin's Liabilities and Shareholders Equity amounted to $9.6 billion in FY2024, which was up 11.94% from $8.6 billion recorded in FY2023.
  • In the past 5 years, Garmin's Liabilities and Shareholders Equity ranged from a high of $9.6 billion in FY2024 and a low of $7.0 billion during FY2020.
  • Its 3-year average for Liabilities and Shareholders Equity is $8.7 billion, with a median of $8.6 billion in 2023.
  • Per our database at Business Quant, Garmin's Liabilities and Shareholders Equity increased by 14.02% in 2020 and then fell by 1.57% in 2022.
  • Garmin's Liabilities and Shareholders Equity (Yearly) stood at $7.0 billion in 2020, then rose by 11.71% to $7.9 billion in 2021, then dropped by 1.57% to $7.7 billion in 2022, then increased by 11.28% to $8.6 billion in 2023, then rose by 11.94% to $9.6 billion in 2024.