GARMIN LTD (GRMN) Current Federal Tax Expense (Benefit) USD 2010 - 2023

Historical data

Taxonomy & unit: us-gaap: USD
Description: Amount of current federal tax expense (benefit) pertaining to income (loss) from continuing operations.
Summary: Garmin Ltd annual Current Federal Tax Expense (Benefit) history and growth rate from 2010 to 2023.
Garmin Ltd annual Current Federal Tax Expense (Benefit) for 2023 was $26 M, a 43.1% decline from 2022.
Garmin Ltd annual Current Federal Tax Expense (Benefit) for 2022 was $45.6 M.
Garmin Ltd annual Current Federal Tax Expense (Benefit) for 2021 was -$13.1 M, a 48.1% increase from 2020.

Current Federal Tax Expense (Benefit), Annual (USD)

Current Federal Tax Expense (Benefit), YoY Annual Growth (%)

Period	Value	YoY Chg	Change %	Start Date	End Date	Report	Filed
2023	$26 M	-$19.7 M	-43.1%	Jan 1, 2023	Dec 30, 2023	10-K	2024-02-21
2022	$45.6 M	+$58.7 M		Dec 26, 2021	Dec 31, 2022	10-K	2024-02-21
2021	-$13.1 M	+$12.1 M	+48.1%	Dec 27, 2020	Dec 25, 2021	10-K	2024-02-21
2020	-$25.2 M	-$58.1 M	-177%	Dec 29, 2019	Dec 26, 2020	10-K	2023-02-22
2019	$32.9 M	+$6.09 M	+22.7%	Dec 30, 2018	Dec 28, 2019	10-K	2022-02-16
2018	$26.8 M	-$4.56 M	-14.5%	Dec 31, 2017	Dec 29, 2018	10-K	2021-02-17
2017	$31.3 M	-$35.3 M	-53%	Jan 1, 2017	Dec 30, 2017	10-K	2020-02-19
2016	$66.6 M	+$17.5 M	+35.6%	Dec 27, 2015	Dec 31, 2016	10-K	2019-02-20
2015	$49.1 M	+$67.8 M		Dec 28, 2014	Dec 26, 2015	10-K	2018-02-21
2014	-$18.7 M	-$6.76 M	-56.8%	Dec 29, 2013	Dec 27, 2014	10-K	2017-02-22
2013	-$11.9 M	-$95.1 M	-114%	Dec 30, 2012	Dec 28, 2013	10-K	2016-02-17
2012	$83.2 M	+$3.88 M	+4.89%	Jan 1, 2012	Dec 29, 2012	10-K	2015-02-18
2011	$79.3 M	+$126 M		Dec 26, 2010	Dec 31, 2011	10-K	2014-02-19
2010	-$46.7 M			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.