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Garmin (GRMN) Long-Term Deferred Tax: 2009-2024

Historic Long-Term Deferred Tax for Garmin (GRMN) over the last 15 years, with Dec 2024 value amounting to $822.5 million.

  • Garmin's Long-Term Deferred Tax fell 0.73% to $782.1 million in Q3 2025 from the same period last year, while for Sep 2025 it was $782.1 million, marking a year-over-year decrease of 0.73%. This contributed to the annual value of $822.5 million for FY2024, which is 9.00% up from last year.
  • According to the latest figures from FY2024, Garmin's Long-Term Deferred Tax is $822.5 million, which was up 9.00% from $754.6 million recorded in FY2023.
  • Garmin's Long-Term Deferred Tax's 5-year high stood at $822.5 million during FY2024, with a 5-year trough of $245.5 million in FY2020.
  • In the last 3 years, Garmin's Long-Term Deferred Tax had a median value of $754.6 million in 2023 and averaged $672.7 million.
  • In the last 5 years, Garmin's Long-Term Deferred Tax declined by 8.59% in 2020 and then skyrocketed by 71.09% in 2023.
  • Garmin's Long-Term Deferred Tax (Yearly) stood at $245.5 million in 2020, then increased by 6.01% to $260.2 million in 2021, then skyrocketed by 69.51% to $441.1 million in 2022, then surged by 71.09% to $754.6 million in 2023, then rose by 9.00% to $822.5 million in 2024.