01—History
Goodwill History
Year-over-year comparison from 10-K annual reports · Dashed line: constant growth FY2020–FY2025. Drag across the bars to change the range.
- $760.2M
02—Ledger
Goodwill, period by period
| Period | Scale | Value | Change | Source |
|---|---|---|---|---|
| FY2025 | $760.2M | +25.9% | 10-K | |
| FY2024 | $603.9M | −0.7% | 10-K | |
| FY2023 | $608.5M | +7.1% | 10-K | |
| FY2022 | $568.0M | −1.2% | 10-K | |
| FY2021 | $575.1M | −1.6% | 10-K | |
| FY2020 | $584.2M | +25.1% | 10-K | |
| FY2019 | $467.1M | +55.2% | 10-K | |
| FY2018 | $301.0M | +4.9% | 10-K | |
| FY2017 | $287.0M | +27.8% | 10-K | |
| FY2016 | $224.6M | +19.6% | 10-K | |
| FY2015 | $187.8M | +5.1% | 10-K | |
| FY2014 | $178.6M | −0.4% | 10-K | |
| FY2013 | $179.3M | +1.8% | 10-K | |
| FY2012 | $176.1M | −1.9% | 10-K | |
| FY2011 | $179.5M | +31.4% | 10-K | |
| FY2010 | $136.5M | +5.8% | 10-K | |
| FY2009 | $129.1M | — | 10-K |
03—Questions
What is goodwill?
Goodwill represents the premium paid above fair market value in business acquisitions, reflecting intangible value such as brand recognition and customer relationships.
What is GARMIN LTD's current goodwill?
GARMIN LTD (GRMN) annual goodwill for 2025 was $760.2M, a 25.88% increase from 2024. GARMIN LTD goodwill for the quarter ending March 28, 2026 was $750.6M.
What was GARMIN LTD's goodwill in 2024?
GARMIN LTD annual goodwill for 2024 was $603.9M, a 0.74% decline from 2023.
What was GARMIN LTD's goodwill in 2023?
GARMIN LTD annual goodwill for 2023 was $608.5M, a 7.13% increase from 2022.
What is GARMIN LTD's 5-year goodwill CAGR?
GARMIN LTD goodwill grew at a compound annual growth rate (CAGR) of 5.41% from FY2020 to FY2025, going from $584.2M to $760.2M over 5 years.
- Company
- GARMIN LTD
- Ticker
- GRMN
- Sector
- Other
- Industry
- Search, Detection, Navigation, Guidance, Aeronautical Sys