Garmin (GRMN) Property, Plant & Equipment (Net) (2009 - 2026)
Garmin (GRMN) posted Property, Plant & Equipment (Net) of $1.5 billion for Q3 2026, up 15.4% from $1.3 billion a year earlier and up 2.9% from the prior quarter.
Garmin (GRMN) Property, Plant & Equipment (Net) (2009 - 2026) Analysis & Trends
At the end of FY2025, Garmin's Property, Plant & Equipment (Net) came in at $1.38 billion, up 11.2% from FY2024.
- Annual Property, Plant & Equipment (Net) has increased for eight consecutive years, with a five-year compound annual growth rate of 10.0% (FY2020 to FY2025).
- In prior years, Garmin's Property, Plant & Equipment (Net) was $1.24 billion in FY2024 (+1.0%), $1.22 billion in FY2023 (+6.7%), $1.15 billion in FY2022 (+7.4%) and $1.07 billion in FY2021 (+24.8%).
- The Q3 2026 figure stands as the highest quarterly Property, Plant & Equipment (Net) in data going back to Q2 2009.
- On a year-over-year basis, Property, Plant & Equipment (Net) has increased in each of the last 32 quarters, with growth averaging 8.5% over the last eight quarters.
- Across the past five years, year-over-year growth in Property, Plant & Equipment (Net) ran from 1.0% in Q4 2024 to 26.8% in Q1 2022.
- According to Business Quant data, Property, Plant & Equipment (Net) for the three prior quarters was $1.45 billion (Q2 2026), $1.38 billion (Q1 2026) and $1.38 billion (Q4 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | PP&E (Net) (Qtr) |
|---|---|---|---|---|---|
| 1 | Apple | 5,177.41 Bn | 4,922.87 Bn | 54.82 Bn | 52.08 Bn |
| 2 | Cisco Systems | 377.40 Bn | 377.40 Bn | 11.79 Bn | 3.09 Bn |
| 3 | Arista Networks | 249.38 Bn | 198.58 Bn | 2.33 Bn | 378.80 Mn |
| 4 | Dell Technologies | 220.34 Bn | 176.10 Bn | 9.83 Bn | 7.42 Bn |
| 5 | Sony | 166.48 Bn | 103.89 Bn | 7.96 Bn | 8.83 Bn |
| 6 | Sandisk | 127.44 Bn | 112.27 Bn | 9.38 Bn | 705.00 Mn |
| 7 | Seagate Technology Holdings | 121.35 Bn | 116.20 Bn | 2.43 Bn | 2.17 Bn |
| 8 | Western Digital | 110.67 Bn | 100.50 Bn | 2.53 Bn | 2.59 Bn |
| 9 | Hewlett Packard Enterprise | 64.15 Bn | 42.09 Bn | 4.93 Bn | 5.65 Bn |
| 10 | Garmin | 54.56 Bn | 44.11 Bn | 1.26 Bn | 1.50 Bn |
Historic Data
| Date | Value |
|---|---|
| Sep 26, 2026 | 1.50 Bn |
| Jun 27, 2026 | 1.45 Bn |
| Mar 28, 2026 | 1.38 Bn |
| Dec 27, 2025 | 1.38 Bn |
| Sep 27, 2025 | 1.30 Bn |
| Jun 28, 2025 | 1.29 Bn |
| Mar 29, 2025 | 1.23 Bn |
| Dec 28, 2024 | 1.24 Bn |
| Sep 28, 2024 | 1.22 Bn |
| Jun 29, 2024 | 1.21 Bn |
| Mar 30, 2024 | 1.21 Bn |
| Dec 30, 2023 | 1.22 Bn |
| Sep 30, 2023 | 1.19 Bn |
| Jul 1, 2023 | 1.18 Bn |
| Apr 1, 2023 | 1.17 Bn |
| Dec 31, 2022 | 1.15 Bn |
| Sep 24, 2022 | 1.10 Bn |
| Jun 25, 2022 | 1.11 Bn |
| Mar 26, 2022 | 1.09 Bn |
| Dec 25, 2021 | 1.07 Bn |
Garmin Property, Plant & Equipment (Net) API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=property-plant-and-equipment-net&ticker=GRMN&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "property-plant-and-equipment-net", "ticker": "GRMN", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=property-plant-and-equipment-net&ticker=GRMN&period=max&api_key=YOUR_API_KEY");
const data = await res.json();