Free Cash Flow for Garmin (GRMN)
Free Cash Flow for Garmin (GRMN): headline value $1.36B · YoY +10.0%. Annual and quarterly series, chart, and tables are below.
Headline figure above is from the reporting period ending (reported ). Chart and table below cover the full reported history back to .
GRMN
Currently viewingFree Cash FlowSwitch metric
Latest period
$1.36B
YoY change
+10.0%
5Y CAGR
+7.5%
Peak year (2025)
$1.36B
Latest annual
$1.36B
Free Cash Flow history chart for Garmin (GRMN) from 1999 to 2025
Free Cash Flow history table for Garmin (GRMN) from 1999 to 2025
| Fiscal year | Period ended | Reported | Free Cash Flow | YoY |
|---|---|---|---|---|
| 2025 | $1.36B | +10.0% | ||
| 2024 | $1.24B | +4.9% | ||
| 2023 | $1.18B | +117.9% | ||
| 2022 | $542.07M | -22.9% | ||
| 2021 | $702.84M | -25.8% | ||
| 2020 | $947.80M | +63.9% | ||
| 2019 | $578.14M | -23.8% | ||
| 2018 | $759.16M | +49.2% | ||
| 2017 | $508.91M | -16.4% | ||
| 2016 | $609.01M | +210.7% | ||
| 2015 | $195.99M | -55.9% | ||
| 2014 | $444.65M | -22.4% | ||
| 2013 | $572.88M | -10.4% | ||
| 2012 | $639.52M | -18.1% | ||
| 2011 | $781.16M | +6.3% | ||
| 2010 | $734.66M | -29.2% | ||
| 2009 | $1.04B | +41.1% | ||
| 2008 | $735.57M | +40.8% | ||
| 2007 | $522.39M | +96.5% | ||
| 2006 | $265.83M | +20.9% | ||
| 2005 | $219.88M | +68.1% | ||
| 2004 | $130.79M | -8.2% | ||
| 2003 | $142.41M | -12.6% | ||
| 2002 | $162.98M | +41.6% | ||
| 2001 | $115.11M | +81.3% | ||
| 2000 | $63.50M | +422.8% | ||
| 1999 | $12.15M | — |
Free Cash Flow values are taken from Garmin's reported cash flow statements (10-Q quarterly and 10-K annual filings with the U.S. Securities and Exchange Commission). Each row shows the period end date and the date the filing was reported; YoY compares each figure to the same period one year earlier. Amounts are in USD as filed.
Analysis
As of the 2025 fiscal year, Garmin (GRMN) reported free cash flow of $1.36B – grew 10.0% year-over-year.
Across 2020–2025 (5 years), Garmin free cash flow produced a CAGR of +7.5% – sustaining 3 straight years of year-over-year growth.
Across the available history, free cash flow reached its high of $1.36B in 2025 and its low of $12.15M in 1999.
Within Technology, Garmin (GRMN) ranks 9th among 8 peers we track. The peer median for free cash flow is $49.26B.
Garmin Free Cash Flow by Year
Garmin Free Cash Flow 2025: $1.36B
Garmin free cash flow in 2025 was $1.36B, grew 10.0% from 2024. This figure represents the highest annual value in the available history.
Garmin Free Cash Flow 2024: $1.24B
Garmin free cash flow in 2024 was $1.24B, edged up 4.9% from 2023.
Garmin Free Cash Flow 2023: $1.18B
Garmin free cash flow in 2023 was $1.18B, surged 117.9% from 2022.
Garmin Free Cash Flow 2022: $542.07M
Garmin free cash flow in 2022 was $542.07M, declined 22.9% below 2021.
Garmin Free Cash Flow 2021: $702.84M
Garmin free cash flow in 2021 was $702.84M.
See more financial history for Garmin (GRMN).
Sector peers — Free Cash Flow
Companies in the same sector as Garmin, ranked by their latest free cash flow.
| Company | Free Cash Flow | Sector |
|---|---|---|
| Taiwan Semiconductor Manufacturing Company Limited (TSM) | $1.10T | Technology |
| Apple Inc. (AAPL) | $98.77B | Technology |
| NVIDIA Corporation (NVDA) | $96.68B | Technology |
| Microsoft Corporation (MSFT) | $71.61B | Technology |
| Broadcom Inc. (AVGO) | $26.91B | Technology |
| ASML Holding N.V. (ASML) | $10.65B | Technology |
| Advanced Micro Devices, Inc. (AMD) | $6.74B | Technology |
| Micron Technology, Inc. (MU) | $1.67B | Technology |
Frequently asked questions
What is Garmin's free cash flow?
Latest reported free cash flow for Garmin (GRMN) is $1.36B (period ending December 27, 2025).
How has Garmin free cash flow changed year-over-year?
Garmin (GRMN) free cash flow changed +10.0% year-over-year on the latest annual filing.
What is the long-term growth rate of Garmin free cash flow?
Garmin (GRMN) free cash flow compound annual growth rate is +7.5% over the most recent 5 years available.
When did Garmin free cash flow hit its highest annual value?
Garmin free cash flow reached its highest annual value of $1.36B in 2025.
What was Garmin free cash flow in 2024?
Garmin (GRMN) free cash flow in 2024 was $1.24B.
What was Garmin free cash flow in 2025?
Garmin (GRMN) free cash flow in 2025 was $1.36B.
Metrics overview
Pick a metric for charts, filings and peers — each row shows the latest TTM or most-recent-quarter value.
Explore more
GRMN Overview
Company profile, financial tools, and key metrics
GRMN Revenue Counter
Earns $229.75 every second. See per minute, hour, and day.
GRMN Earnings Counter
Earns $52.76 per second net profit. See per minute, hour, and day.
GRMN Economic Scale
Exceeds Maldives's GDP. Compare with world economies.
GRMN What If Invested
What if you had invested $1,000? See historical returns from any date.
GRMN How It Makes Money
Discover visual breakdown of $7.25B in revenue — where it comes from and where it goes.
GRMN Stock Seasonality
Best and worst months to invest. Historical monthly returns heatmap.
GRMN Price Target Scenarios
Model bear, base, and bull cases with EPS growth and exit P/E — pre-filled from analysts and history.
GRMN Daily Price Character
Balanced · 51.8% historical win rate (green days). Streaks & record days.
GRMN Buybacks
0.60% TTM buyback yield. Shareholder yield & SBC comparison.
GRMN Stock Split History
1 split on record. Dates, ratios, and cumulative multiple.
GRMN Dividend Profile
Yield: 1.42%. Safety: 7/8. See full history.
GRMN Dividend Calculator
How much dividend income would $1,000 have earned? Calculate from any date.
GRMN Dividend Forecast
Project future income with DRIP, growth assumptions, and optional monthly contributions.