GARMIN LTD Annual Depreciation in USD from 2010 to 2023

Taxonomy & unit
us-gaap: USD
Description
The amount of expense recognized in the current period that reflects the allocation of the cost of tangible assets over the assets' useful lives. Includes production and non-production related depreciation.
Summary
Garmin Ltd quarterly/annual Depreciation history and growth rate from 2010 to 2023.
  • Garmin Ltd Depreciation for the quarter ending March 30, 2024 was $33.9M, a 6.07% increase year-over-year.
  • Garmin Ltd annual Depreciation for 2023 was $132M, a 11.5% increase from 2022.
  • Garmin Ltd annual Depreciation for 2022 was $119M, a 14.7% increase from 2021.
  • Garmin Ltd annual Depreciation for 2021 was $103M, a 32.5% increase from 2020.
Depreciation, Annual (USD)
Depreciation, YoY Annual Growth (%)
Period Value YoY Chg Change % Start Date End Date Report Filed
2023 $132M +$13.6M +11.5% Jan 1, 2023 Dec 30, 2023 10-K 2024-02-21
2022 $119M +$15.2M +14.7% Dec 26, 2021 Dec 31, 2022 10-K 2024-02-21
2021 $103M +$25.4M +32.5% Dec 27, 2020 Dec 25, 2021 10-K 2024-02-21
2020 $78.1M +$6.2M +8.62% Dec 29, 2019 Dec 26, 2020 10-K 2023-02-22
2019 $71.9M +$7.12M +11% Dec 30, 2018 Dec 28, 2019 10-K 2022-02-16
2018 $64.8M +$4.9M +8.19% Dec 31, 2017 Dec 29, 2018 10-K 2021-02-17
2017 $59.9M +$4.1M +7.35% Jan 1, 2017 Dec 30, 2017 10-K 2020-02-19
2016 $55.8M +$4.49M +8.74% Dec 27, 2015 Dec 31, 2016 10-K 2019-02-20
2015 $51.3M +$2.88M +5.94% Dec 28, 2014 Dec 26, 2015 10-K 2018-02-21
2014 $48.4M -$43K -0.09% Dec 29, 2013 Dec 27, 2014 10-K 2017-02-22
2013 $48.5M -$4.16M -7.9% Dec 30, 2012 Dec 28, 2013 10-K 2016-02-17
2012 $52.6M -$1.98M -3.62% Jan 1, 2012 Dec 29, 2012 10-K 2015-02-18
2011 $54.6M +$1.12M +2.1% Dec 26, 2010 Dec 31, 2011 10-K 2014-02-19
2010 $53.5M Dec 27, 2009 Dec 25, 2010 10-K 2013-02-27
* An asterisk sign (*) next to the value indicates that the value is likely invalid.