Garmin (GRMN) Property, Plant & Equipment (Net) (2009 - 2026)
Garmin (GRMN) posted Property, Plant & Equipment (Net) of $1.45 billion for Q2 2026, up 12.7% from $1.29 billion a year earlier and up 5.1% from the prior quarter.
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Analysis
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 Q2 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 31 quarters, with growth averaging 6.9% 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 $1.38 billion (Q1 2026), $1.38 billion (Q4 2025) and $1.3 billion (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | PP&E (Net) (Qtr) |
|---|---|---|---|---|---|
| 1 | Apple | 5,079.97 Bn | 4,827.46 Bn | 54.77 Bn | 51.43 Bn |
| 2 | Cisco Systems | 420.25 Bn | 356.18 Bn | 11.06 Bn | 2.76 Bn |
| 3 | Dell Technologies | 292.20 Bn | 247.96 Bn | 9.83 Bn | 7.42 Bn |
| 4 | Arista Networks | 217.24 Bn | 170.70 Bn | 1.91 Bn | 312.50 Mn |
| 5 | Sandisk | 180.75 Bn | 169.27 Bn | 7.58 Bn | 674.00 Mn |
| 6 | Sony | 160.45 Bn | 100.21 Bn | 6.53 Bn | 8.76 Bn |
| 7 | Seagate Technology Holdings | 142.99 Bn | 137.98 Bn | 1.90 Bn | 2.03 Bn |
| 8 | Western Digital | 128.64 Bn | 118.47 Bn | 2.53 Bn | 2.59 Bn |
| 9 | Hewlett Packard Enterprise | 75.30 Bn | 53.18 Bn | 4.93 Bn | 5.65 Bn |
| 10 | Garmin | 56.67 Bn | 46.02 Bn | 1.26 Bn | 1.45 Bn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| 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 |
| Sep 25, 2021 | 974.98 Mn |
API Access
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_KEYimport 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();