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
Download Data| Date | Value |
|---|---|
| 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 |