Latest period
$167.62M
YoY change
+1.3%
5Y CAGR
+16.8%
Peak year (2025)
$164.84M
Latest annual
$164.84M
Total Debt history chart for Garmin (GRMN) from 1999 to 2025
Latest: $164.84M
Total Debt growth chart for Garmin (GRMN) from 1999 to 2025
Latest: +1.3%
Total Debt history table for Garmin (GRMN) from 1999 to 2025
| 2025 | $164.84M | +1.3% | +$2.05M | ||
| 2024 | $162.79M | +44.0% | +$49.75M | ||
| 2023 | $113.03M | -1.3% | −$1.51M | ||
| 2022 | $114.54M | +63.5% | +$44.50M | ||
| 2021 | $70.04M | -7.8% | −$5.91M | ||
| 2020 | $75.96M | +54.3% | +$26.72M | ||
| 2019 | $49.24M | — | +$49.24M | ||
| 2018 | $0.00 | — | $0.00 | ||
| 2017 | $0.00 | — | $0.00 | ||
| 2016 | $0.00 | — | $0.00 | ||
| 2015 | $0.00 | — | $0.00 | ||
| 2014 | $0.00 | — | $0.00 | ||
| 2013 | $0.00 | — | $0.00 | ||
| 2012 | $0.00 | — | $0.00 | ||
| 2011 | $0.00 | — | $0.00 | ||
| 2010 | $0.00 | — | $0.00 | ||
| 2009 | $0.00 | — | $0.00 | ||
| 2008 | $0.00 | — | $0.00 | ||
| 2007 | $0.00 | -100.0% | −$248.00K | ||
| 2006 | $248.00K | — | +$248.00K | ||
| 2005 | $0.00 | — | $0.00 | ||
| 2004 | $0.00 | — | $0.00 | ||
| 2003 | $0.00 | -100.0% | −$20.00M | ||
| 2002 | $20.00M | -37.9% | −$12.19M | ||
| 2001 | $32.19M | -31.4% | −$14.76M | ||
| 2000 | $46.95M | +69.4% | +$19.23M | ||
| 1999 | $27.72M | — | — |
- 2025$164.84M+1.3%
- 2024$162.79M+44.0%
- 2023$113.03M-1.3%
- 2022$114.54M+63.5%
- 2021$70.04M-7.8%
- 2020$75.96M+54.3%
- 2019$49.24M—
- 2018$0.00—
- 2017$0.00—
- 2016$0.00—
- 2015$0.00—
- 2014$0.00—
- 2013$0.00—
- 2012$0.00—
- 2011$0.00—
- 2010$0.00—
- 2009$0.00—
- 2008$0.00—
- 2007$0.00-100.0%
- 2006$248.00K—
- 2005$0.00—
- 2004$0.00—
- 2003$0.00-100.0%
- 2002$20.00M-37.9%
- 2001$32.19M-31.4%
- 2000$46.95M+69.4%
- 1999$27.72M—
Total Debt values are taken from Garmin's reported balance sheets (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 Total Debt at Garmin (GRMN)
According to Garmin's latest reported financial statements, the company's latest reported total debt is $167.62M. Total debt is the sum of short-term and long-term interest-bearing borrowings on the balance sheet (notes, bonds, term loans, lease liabilities). Useful for leverage and refinancing risk — compare with cash on hand for net leverage, and total liabilities for the broader obligations picture.
Headline figure above is from the reporting period ending (reported ). Chart and table below cover the full reported history back to .
Garmin (GRMN) most recent annual total debt stands at $164.84M (2025) – edged up 1.3% year-over-year.
Looking at the 2020–2025 (5 years) stretch, Garmin total debt compounded at +16.8% per year, with mixed annual results across the window.
The record annual total debt stands at $164.84M, reached in 2025; the historical low of $0.00 was recorded in 2003.
Garmin Total Debt by Year
Garmin Total Debt 2025: $164.84M
2025's total debt for Garmin came in at $164.84M, edged up 1.3% from 2024. This figure represents the highest annual value in the available history.
Garmin Total Debt 2024: $162.79M
Garmin posted total debt of $162.79M in 2024, surged 44.0% from 2023.
Garmin Total Debt 2023: $113.03M
In 2023, Garmin reported total debt of $113.03M, edged down 1.3% below 2022.
Garmin Total Debt 2022: $114.54M
Garmin total debt in 2022 was $114.54M, surged 63.5% from 2021.
Garmin Total Debt 2021: $70.04M
Garmin total debt in 2021 was $70.04M.
See more financial history for Garmin (GRMN).
Sector peers by Total Debt
Technology peers of Garmin (GRMN), ranked by their latest total debt
| $112.38B | |
| $112.18B | |
| $65.14B | |
| $33.98B | |
| $15.28B | |
| $11.41B | |
| $4.47B | |
| $3.18B |
- $112.38B
- $112.18B
- $65.14B
- $33.98B
- $15.28B
- $11.41B
- $4.47B
- $3.18B
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