Garmin Ltd (GRMN)
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[[ session ]] by (Cboe BZX)
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Fiscal Year End Date: 12/31
(Values in U.S. thousands)
| 12-2025 | 12-2024 | 12-2023 | 12-2022 | 12-2021 | |
| Cash Flows From Operating Activities | |||||
| Net Income | 1,663,887 | 1,411,436 | 1,289,636 | 973,585 | 1,082,200 |
| Depreciation Amortization | 188,759 | 179,735 | 177,572 | 163,853 | 154,818 |
| Income taxes - deferred | 82,546 | -88,137 | -340,774 | -143,286 | -5,368 |
| Accounts receivable | -222,809 | -196,256 | -129,120 | 167,336 | -19,106 |
| Accounts payable and accrued liabilities | -30,518 | 120,637 | 28,503 | -131,268 | 108,946 |
| Other Working Capital | -433,446 | -229,719 | 173,673 | -275,730 | -347,806 |
| Other Operating Activity | 384,940 | 234,775 | 176,775 | 33,769 | 38,743 |
| Operating Cash Flow | $1,633,359 | $1,432,471 | $1,376,265 | $788,259 | $1,012,427 |
| Cash Flows From Investing Activities | |||||
| PPE Investments | -270,446 | -193,571 | -193,524 | -244,286 | -307,610 |
| Net Acquisitions | -175,655 | -16,444 | -150,853 | -13,455 | -20,175 |
| Purchase Of Investment | -839,852 | -507,518 | -170,681 | -1,051,994 | -1,508,712 |
| Sale Of Investment | 640,396 | 309,166 | 183,372 | 1,164,116 | 1,363,070 |
| Purchase Sale Intangibles | N/A | N/A | N/A | N/A | -1,942 |
| Other Investing Activity | 322 | 15,034 | -1,286 | 495 | -1,942 |
| Investing Cash Flow | $-645,235 | $-393,333 | $-332,972 | $-145,124 | $-475,369 |
| Cash Flows From Financing Activities | |||||
| Common Stock Issued | 58,009 | 49,963 | 44,063 | 62,221 | 35,733 |
| Common Stock Repurchased | -238,205 | -104,465 | -121,803 | -223,742 | -30,985 |
| Dividend Paid | -663,885 | -572,355 | -558,769 | -679,096 | -491,457 |
| Financing Cash Flow | $-844,081 | $-626,857 | $-636,509 | $-840,617 | $-486,709 |
| Exchange Rate Effect | 55,163 | -26,283 | 7,460 | -21,449 | -10,254 |
| Beginning Cash Position | 2,080,154 | 1,694,156 | 1,279,912 | 1,498,843 | 1,458,748 |
| End Cash Position | 2,279,360 | 2,080,154 | 1,694,156 | 1,279,912 | 1,498,843 |
| Net Cash Flow | $199,206 | $385,998 | $414,244 | $-218,931 | $40,095 |
| Free Cash Flow | |||||
| Operating Cash Flow | 1,633,359 | 1,432,471 | 1,376,265 | 788,259 | 1,012,427 |
| Capital Expenditure | -270,446 | -193,571 | -193,524 | N/A | -307,645 |
| Free Cash Flow | 1,362,913 | 1,238,900 | 1,182,741 | 788,259 | 704,782 |