01—History
Capital Expenditures History
Year-over-year comparison from 10-K annual reports · Dashed line: constant growth FY2020–FY2025. Drag across the bars to change the range.
- $270.4M
02—Ledger
Capital Expenditures, period by period
| Period | Scale | Value | Change | Source |
|---|---|---|---|---|
| FY2025 | $270.4M | +39.7% | 10-K | |
| FY2024 | $193.6M | 0.0%flat | 10-K | |
| FY2023 | $193.5M | −20.8% | 10-K | |
| FY2022 | $244.3M | −20.6% | 10-K | |
| FY2021 | $307.6M | +65.9% | 10-K | |
| FY2020 | $185.4M | +57.1% | 10-K | |
| FY2019 | $118.0M | −24.2% | 10-K | |
| FY2018 | $155.8M | +11.5% | 10-K | |
| FY2017 | $139.7M | +53.6% | 10-K | |
| FY2016 | $91.0M | +12.9% | 10-K | |
| FY2015 | $80.6M | +9.9% | 10-K | |
| FY2014 | $73.3M | +30.8% | 10-K | |
| FY2013 | $56.1M | +45.9% | 10-K | |
| FY2012 | $38.4M | +0.2% | 10-K | |
| FY2011 | $38.4M | +19.0% | 10-K | |
| FY2010 | $32.2M | −34.5% | 10-K | |
| FY2009 | $49.2M | — | 10-K |
03—Questions
What is capital expenditures?
Capital expenditures (CapEx) can be defined as money spent on acquiring, maintaining, or upgrading physical assets such as property, buildings, and equipment.
What is GARMIN LTD's current capital expenditures?
GARMIN LTD (GRMN) annual capital expenditures for 2025 was $270.4M, a 39.71% increase from 2024. GARMIN LTD capital expenditures for the quarter ending March 28, 2026 was $66.6M.
What was GARMIN LTD's capital expenditures in 2024?
GARMIN LTD annual capital expenditures for 2024 was $193.6M, a 0.02% increase from 2023.
What was GARMIN LTD's capital expenditures in 2023?
GARMIN LTD annual capital expenditures for 2023 was $193.5M, a 20.78% decline from 2022.
What is GARMIN LTD's 5-year capital expenditures CAGR?
GARMIN LTD capital expenditures grew at a compound annual growth rate (CAGR) of 7.84% from FY2020 to FY2025, going from $185.4M to $270.4M over 5 years.
- Company
- GARMIN LTD
- Ticker
- GRMN
- Sector
- Other
- Industry
- Search, Detection, Navigation, Guidance, Aeronautical Sys