Latest period
$1.68B
YoY change
+13.4%
5Y CAGR
+5.9%
Peak year (2025)
$2.02B
Latest annual
$2.02B
Total Liabilities history chart for Garmin (GRMN) from 1999 to 2025
Latest: $2.02B
Total Liabilities growth chart for Garmin (GRMN) from 1999 to 2025
Latest: +13.4%
Total Liabilities history table for Garmin (GRMN) from 1999 to 2025
| 2025 | $2.02B | +13.4% | +$238.98M | ||
| 2024 | $1.78B | +12.0% | +$190.62M | ||
| 2023 | $1.59B | +4.2% | +$64.68M | ||
| 2022 | $1.53B | -12.3% | −$213.44M | ||
| 2021 | $1.74B | +14.8% | +$225.01M | ||
| 2020 | $1.52B | +10.3% | +$141.95M | ||
| 2019 | $1.37B | +12.6% | +$153.42M | ||
| 2018 | $1.22B | +1.0% | +$12.09M | ||
| 2017 | $1.21B | +9.1% | +$100.66M | ||
| 2016 | $1.11B | -4.1% | −$47.13M | ||
| 2015 | $1.15B | -10.5% | −$135.67M | ||
| 2014 | $1.29B | +5.7% | +$70.04M | ||
| 2013 | $1.22B | -5.2% | −$67.43M | ||
| 2012 | $1.29B | +6.0% | +$72.57M | ||
| 2011 | $1.21B | +29.3% | +$275.63M | ||
| 2010 | $939.13M | -5.1% | −$50.30M | ||
| 2009 | $989.43M | +41.6% | +$290.70M | ||
| 2008 | $698.73M | -25.7% | −$242.12M | ||
| 2007 | $940.85M | +177.4% | +$601.73M | ||
| 2006 | $339.12M | +65.4% | +$134.15M | ||
| 2005 | $204.97M | +12.9% | +$23.44M | ||
| 2004 | $181.53M | +69.3% | +$74.28M | ||
| 2003 | $107.25M | +12.2% | +$11.64M | ||
| 2002 | $95.62M | +22.3% | +$17.43M | ||
| 2001 | $78.19M | -20.3% | −$19.92M | ||
| 2000 | $98.11M | +63.4% | +$38.06M | ||
| 1999 | $60.05M | — | — |
- 2025$2.02B+13.4%
- 2024$1.78B+12.0%
- 2023$1.59B+4.2%
- 2022$1.53B-12.3%
- 2021$1.74B+14.8%
- 2020$1.52B+10.3%
- 2019$1.37B+12.6%
- 2018$1.22B+1.0%
- 2017$1.21B+9.1%
- 2016$1.11B-4.1%
- 2015$1.15B-10.5%
- 2014$1.29B+5.7%
- 2013$1.22B-5.2%
- 2012$1.29B+6.0%
- 2011$1.21B+29.3%
- 2010$939.13M-5.1%
- 2009$989.43M+41.6%
- 2008$698.73M-25.7%
- 2007$940.85M+177.4%
- 2006$339.12M+65.4%
- 2005$204.97M+12.9%
- 2004$181.53M+69.3%
- 2003$107.25M+12.2%
- 2002$95.62M+22.3%
- 2001$78.19M-20.3%
- 2000$98.11M+63.4%
- 1999$60.05M—
Total Liabilities 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 Liabilities at Garmin (GRMN)
According to Garmin's latest reported financial statements, the company's latest reported total liabilities is $1.68B. Total liabilities sum everything the company owes at the end of each reporting period — accounts payable, accrued expenses, debt, lease obligations, and other claims — as filed on the balance sheet. Compare with total assets and total equity for solvency context.
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 liabilities stands at $2.02B (2025) – grew 13.4% year-over-year.
Over 2020–2025 (5 years), Garmin total liabilities expanded at a +5.9% compound annual rate, with mixed annual results across the window.
The highest annual total liabilities of $2.02B was reported in 2025. The lowest in the available history was $60.05M in 1999.
Garmin Total Liabilities by Year
Garmin Total Liabilities 2025: $2.02B
In 2025, Garmin reported total liabilities of $2.02B, grew 13.4% from 2024. This figure represents the highest annual value in the available history.
Garmin Total Liabilities 2024: $1.78B
Garmin total liabilities in 2024 was $1.78B, grew 12.0% from 2023.
Garmin Total Liabilities 2023: $1.59B
2023's total liabilities for Garmin came in at $1.59B, edged up 4.2% from 2022.
Garmin Total Liabilities 2022: $1.53B
Garmin posted total liabilities of $1.53B in 2022, declined 12.3% below 2021.
Garmin Total Liabilities 2021: $1.74B
Garmin total liabilities in 2021 was $1.74B.
See more financial history for Garmin (GRMN).
Sector peers by Total Liabilities
Technology peers of Garmin (GRMN), ranked by their latest total liabilities
| $285.51B | |
| $275.52B | |
| $89.80B | |
| $80.96B | |
| $49.51B | |
| $36.34B | |
| $28.63B | |
| $13.93B |
- $285.51B
- $275.52B
- $89.80B
- $80.96B
- $49.51B
- $36.34B
- $28.63B
- $13.93B
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