Garmin Ltd (GRMN) R&D/CAPEX US GAAP (year values)

2019 2020 2021 2022 2023   LTM ? CAGR 5 years ?
R&D/CAPEX, % 502.8% 376.4% 271.3% 339.1% 463.9%   615.8%  
Changes by years, y/y, % 0pp -126pp -105pp +68pp +125pp     +5.5%

Garmin Ltd. R&D/CAPEX, %

Garmin Ltd. R&D/CAPEX, changes, pp

Garmin Ltd (GRMN) R&D/CAPEX US GAAP (quarter values)

2023Q3 2023Q4 2024Q1 2024Q2 2024Q3   LTM ?
R&D/CAPEX, % 483.2% 484.4% 731.2% 654.4% 646.4%   615.8%
Changes by years, y/y, % +71pp +124pp +261pp +231pp +163pp    
Changes by quarters, q/q, % +60pp +1pp +247pp -77pp -8pp    

Garmin Ltd. R&D/CAPEX, %

Garmin Ltd. R&D/CAPEX, changes, pp

Garmin Ltd. R&D/CAPEX, changes, pp