Growth Metrics

Garmin (GRMN) Other Operating Expenses (2009 - 2022)

Garmin recorded quarterly Other Operating Expenses of -$110.4 million in Q4 2022, down 435.62% quarter-over-quarter from $32.9 million in Q3 2022, and down 280.58% year-over-year from $61.1 million in Q4 2021.

Garmin's Other Operating Expenses history runs 13 years deep, the most recent figure standing at -$110.4 million for Q4 2022.

  • In Q4 2022, Other Operating Expenses fell 280.58% year-over-year to -$110.4 million; the TTM figure through Sep 2023 stood at -$110.4 million (down 164.36% YoY), while the FY2021 annual figure was $171.8 million, up 13.67% from the prior year.
  • Other Operating Expenses came in at -$110.4 million for Q4 2022 at Garmin, down from $32.9 million in the prior quarter.
  • In the past five years, Other Operating Expenses ranged from a high of $62.6 million in Q4 2019 to a low of -$110.4 million in Q4 2022.
  • A 5-year average of $32.1 million and a median of $34.0 million in 2020 frame the typical range for Other Operating Expenses.
  • Across the five-year window, Other Operating Expenses jumped 46.62% in 2021 and tumbled 280.58% in 2022, its largest moves.
  • Garmin's Other Operating Expenses stood at $55.4 million in 2018, then grew by 13.1% to $62.6 million in 2019, then retreated by 2.42% to $61.1 million in 2020, then decreased by 0.02% to $61.1 million in 2021, then sank by 280.58% to -$110.4 million in 2022.
  • According to Business Quant data, Other Operating Expenses over the past three periods registered -$110.4 million, $32.9 million, and $43.4 million for Q4 2022, Q3 2022, and Q2 2022 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 Coherent 68.65 Bn 67.35 Bn 679.95 Mn
2 Keysight Technologies 56.45 Bn 54.27 Bn 995.00 Mn
3 Garmin 45.79 Bn 43.09 Bn 1.04 Bn
4 Teledyne Technologies 28.11 Bn 27.81 Bn 673.80 Mn
5 Mks 21.39 Bn 20.82 Bn 507.00 Mn
6 Fortive 18.16 Bn 17.81 Bn 675.50 Mn
7 Trimble 13.62 Bn 13.39 Bn 646.30 Mn
8 Cognex 10.77 Bn 10.47 Bn 190.94 Mn
9 Esco Technologies 7.42 Bn 7.33 Bn 131.32 Mn
10 Sensata Technologies Holding 7.20 Bn 6.57 Bn 286.30 Mn

Historic Data

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DateValue
Dec 31, 2022 -110.38 Mn
Sep 24, 2022 32.89 Mn
Jun 25, 2022 43.36 Mn
Mar 26, 2022 34.13 Mn
Dec 25, 2021 61.12 Mn
Sep 25, 2021 36.71 Mn
Jun 26, 2021 42.94 Mn
Mar 27, 2021 31.06 Mn
Dec 26, 2020 61.14 Mn
Sep 26, 2020 33.87 Mn
Jun 27, 2020 29.29 Mn
Mar 28, 2020 26.88 Mn
Dec 28, 2019 62.65 Mn
Sep 28, 2019 32.67 Mn
Jun 29, 2019 41.52 Mn
Mar 30, 2019 27.62 Mn
Dec 29, 2018 55.39 Mn
Sep 29, 2018 31.14 Mn
Jun 30, 2018 43.55 Mn
Mar 31, 2018 25.31 Mn
Apr 1, 2017 31.53 Mn
Mar 28, 2015 27.67 Mn
Dec 27, 2014 54.18 Mn
Sep 27, 2014 33.11 Mn
Jun 28, 2014 34.92 Mn
Mar 29, 2014 24.43 Mn
Dec 28, 2013 34.92 Mn
Sep 28, 2013 26.25 Mn
Jun 29, 2013 29.48 Mn
Mar 30, 2013 22.25 Mn
Dec 29, 2012 46.81 Mn
Sep 29, 2012 30.10 Mn
Jun 30, 2012 38.26 Mn
Mar 31, 2012 23.59 Mn
Dec 31, 2011 55.66 Mn
Sep 24, 2011 35.31 Mn
Jun 25, 2011 34.10 Mn
Mar 26, 2011 19.96 Mn
Dec 25, 2010 43.77 Mn
Sep 25, 2010 41.00 Mn
Jun 26, 2010 42.44 Mn
Mar 27, 2010 17.40 Mn
Dec 26, 2009 52.42 Mn
Sep 26, 2009 45.85 Mn
Jun 27, 2009 34.02 Mn
Mar 28, 2009 23.23 Mn