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Garmin (GRMN) Raw Materials: 2010-2024

Historic Raw Materials for Garmin (GRMN) over the last 11 years, with Dec 2024 value amounting to $522.2 million.

  • Garmin's Raw Materials rose 8.92% to $615.7 million in Q3 2025 from the same period last year, while for Sep 2025 it was $615.7 million, marking a year-over-year increase of 8.92%. This contributed to the annual value of $522.2 million for FY2024, which is 5.82% up from last year.
  • Latest data reveals that Garmin reported Raw Materials of $522.2 million as of FY2024, which was up 5.82% from $493.5 million recorded in FY2023.
  • In the past 5 years, Garmin's Raw Materials ranged from a high of $600.9 million in FY2022 and a low of $282.3 million during FY2020.
  • Over the past 3 years, Garmin's median Raw Materials value was $522.2 million (recorded in 2024), while the average stood at $538.9 million.
  • Its Raw Materials has fluctuated over the past 5 years, first spiked by 80.47% in 2021, then fell by 17.87% in 2023.
  • Garmin's Raw Materials (Yearly) stood at $282.3 million in 2020, then skyrocketed by 80.47% to $509.4 million in 2021, then increased by 17.95% to $600.9 million in 2022, then decreased by 17.87% to $493.5 million in 2023, then grew by 5.82% to $522.2 million in 2024.