Net Assets for Garmin (GRMN)
According to Garmin's latest reported financial statements, the company's latest reported net assets is $8.97B USD. Net assets — also called stockholders' equity — equal total assets minus total liabilities. They represent the residual claim of shareholders on the company's assets and roughly track book value over time.
Headline figure above is from the reporting period ending (reported ). Chart and table below cover the full reported history back to .
GRMN
Currently viewingNet AssetsSwitch metric
Latest period
$8.97B
YoY change
+14.3%
5Y CAGR
+10.2%
Peak year (2025)
$8.97B
Latest annual
$8.97B
Net Assets history chart for Garmin (GRMN) from 1999 to 2025
Net Assets history table for Garmin (GRMN) from 1999 to 2025
| Fiscal year | Period ended | Reported | Net Assets | YoY |
|---|---|---|---|---|
| 2025 | $8.97B | +14.3% | ||
| 2024 | $7.85B | +11.9% | ||
| 2023 | $7.01B | +13.0% | ||
| 2022 | $6.20B | +1.5% | ||
| 2021 | $6.11B | +10.8% | ||
| 2020 | $5.52B | +15.1% | ||
| 2019 | $4.79B | +15.1% | ||
| 2018 | $4.16B | +9.5% | ||
| 2017 | $3.80B | +11.2% | ||
| 2016 | $3.42B | +2.2% | ||
| 2015 | $3.35B | -1.7% | ||
| 2014 | $3.40B | -7.0% | ||
| 2013 | $3.66B | +3.6% | ||
| 2012 | $3.53B | +8.5% | ||
| 2011 | $3.26B | +6.8% | ||
| 2010 | $3.05B | +7.5% | ||
| 2009 | $2.84B | +27.4% | ||
| 2008 | $2.23B | -5.3% | ||
| 2007 | $2.35B | +50.9% | ||
| 2006 | $1.56B | +34.6% | ||
| 2005 | $1.16B | +23.7% | ||
| 2004 | $935.86M | +24.8% | ||
| 2003 | $749.69M | +24.4% | ||
| 2002 | $602.50M | +32.7% | ||
| 2001 | $453.97M | +24.3% | ||
| 2000 | $365.24M | +87.7% | ||
| 1999 | $194.60M | — |
Net Assets values are taken from Garmin's reported balance sheets (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
In 2025, Garmin (GRMN) net assets totalled $8.97B – grew 14.3% year-over-year.
Garmin net assets compound annual growth for the 2020–2025 (5 years) window is +10.2%, sustaining 10 straight years of year-over-year growth.
The dataset's maximum net assets sits at $8.97B (2025); the minimum reading of $194.60M dates to 1999.
Garmin (GRMN) sits 9th of 8 Technology peers we track on this metric, against a peer median of $77.51B.
Garmin Net Assets by Year
Garmin Net Assets 2025: $8.97B
Garmin net assets in 2025 was $8.97B, grew 14.3% from 2024. This figure represents the highest annual value in the available history.
Garmin Net Assets 2024: $7.85B
Garmin net assets in 2024 was $7.85B, grew 11.9% from 2023.
Garmin Net Assets 2023: $7.01B
Garmin net assets in 2023 was $7.01B, grew 13.0% from 2022.
Garmin Net Assets 2022: $6.20B
Garmin net assets in 2022 was $6.20B, edged up 1.5% from 2021.
Garmin Net Assets 2021: $6.11B
Garmin net assets in 2021 was $6.11B.
See more financial history for Garmin (GRMN).
Sector peers — Net Assets
Companies in the same sector as Garmin, ranked by their latest net assets.
| Company | Net Assets | Sector |
|---|---|---|
| Taiwan Semiconductor Manufacturing Company Limited (TSM) | $5.40T | Technology |
| Microsoft Corporation (MSFT) | $343.48B | Technology |
| NVIDIA Corporation (NVDA) | $157.29B | Technology |
| Broadcom Inc. (AVGO) | $81.29B | Technology |
| Apple Inc. (AAPL) | $73.73B | Technology |
| Advanced Micro Devices, Inc. (AMD) | $63.00B | Technology |
| Micron Technology, Inc. (MU) | $54.16B | Technology |
| ASML Holding N.V. (ASML) | $19.60B | Technology |
Frequently asked questions
What is Garmin's net assets?
- Latest reported net assets for Garmin (GRMN) is $8.97B (period ending December 27, 2025).
How has Garmin net assets changed year-over-year?
- Garmin (GRMN) net assets changed +14.3% year-over-year on the latest annual filing.
What is the long-term growth rate of Garmin net assets?
- Garmin (GRMN) net assets compound annual growth rate is +10.2% over the most recent 5 years available.
When did Garmin net assets hit its highest annual value?
- Garmin net assets reached its highest annual value of $8.97B in 2025.
What was Garmin net assets in 2024?
- Garmin (GRMN) net assets in 2024 was $7.85B.
What was Garmin net assets in 2025?
- Garmin (GRMN) net assets in 2025 was $8.97B.
Metrics overview
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