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EBITDA for Garmin (GRMN)

Latest filings through · Reported

Metric

TTM

$2.29B

YoY change

+17.5%

5Y CAGR

+13.3%

Peak year (2025)

$2.20B

EBITDA history chart for Garmin (GRMN) from 1999 to 2025

Latest: $2.20B

EBITDA growth chart for Garmin (GRMN) from 1999 to 2025

Latest: +17.5%

EBITDA history table for Garmin (GRMN) from 1999 to 2025

  • 2025$2.20B+17.5%
  • 2024$1.88B+36.1%
  • 2023$1.38B+12.1%
  • 2022$1.23B-9.8%
  • 2021$1.36B+15.3%
  • 2020$1.18B+12.3%
  • 2019$1.05B+20.3%
  • 2018$874.54M+13.6%
  • 2017$769.89M+7.0%
  • 2016$719.20M+14.5%
  • 2015$627.94M-18.2%
  • 2014$767.64M+17.6%
  • 2013$652.84M-6.0%
  • 2012$694.63M+7.1%
  • 2011$648.30M-3.5%
  • 2010$671.92M-25.8%
  • 2009$905.14M-8.9%
  • 2008$993.39M-4.7%
  • 2007$1.04B+74.0%
  • 2006$599.03M+56.9%
  • 2005$381.77M+25.1%
  • 2004$305.27M+23.5%
  • 2003$247.10M+27.7%
  • 2002$193.57M+36.2%
  • 2001$142.15M+3.9%
  • 2000$136.86M+55.3%
  • 1999$88.10M—

EBITDA values are taken from Garmin's reported income statements (interim 6-K and annual 20-F filings with the U.S. Securities and Exchange Commission). Each row shows the period end date and the filing date. YoY compares each figure to the same period one year earlier. Amounts are in USD as filed.

About EBITDA at Garmin (GRMN)

According to Garmin's latest reported financial statements, the company's current EBITDA (TTM) is $2.29B. EBITDA stands for earnings before interest, taxes, depreciation, and amortization. It is a common proxy for operating cash generation that strips out non-cash charges (depreciation and amortization) and capital structure effects (interest, taxes). Useful for comparing companies with different leverage and asset bases — see operating income and net income for fully GAAP figures.

Headline TTM above sums the four reported quarters through (reported ). Chart and table below cover the full reported history back to .

Garmin (GRMN) most recent annual EBITDA stands at $2.20B (2025) – grew 17.5% year-over-year.

Across 2020–2025 (5 years), Garmin EBITDA produced a CAGR of +13.3% – sustaining 3 straight years of year-over-year growth.

2025 marks the peak EBITDA at $2.20B, with the historical low of $88.10M recorded in 1999.

Garmin EBITDA by Year

Garmin EBITDA 2025: $2.20B

Garmin EBITDA in 2025 was $2.20B, grew 17.5% from 2024. This figure represents the highest annual value in the available history.

Garmin EBITDA 2024: $1.88B

2024's EBITDA for Garmin came in at $1.88B, surged 36.1% from 2023.

Garmin EBITDA 2023: $1.38B

Garmin posted EBITDA of $1.38B in 2023, grew 12.1% from 2022.

Garmin EBITDA 2022: $1.23B

In 2022, Garmin reported EBITDA of $1.23B, declined 9.8% below 2021.

Garmin EBITDA 2021: $1.36B

Garmin EBITDA in 2021 was $1.36B.

See more financial history for Garmin (GRMN).

Sector peers by EBITDA

Technology peers of Garmin (GRMN), ranked by their latest EBITDA

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