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Garmin (GRMN) Competitors

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$238.59 -0.92 (-0.38%)
Closing price 09/9/2025 03:59 PM Eastern
Extended Trading
$239.00 +0.41 (+0.17%)
As of 09/9/2025 07:56 PM Eastern
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GRMN vs. GOOGL, A, ANET, UEIC, KLAC, ROK, FLEX, TER, SNX, and MKSI

Should you be buying Garmin stock or one of its competitors? The main competitors of Garmin include Alphabet (GOOGL), Agilent Technologies (A), Arista Networks (ANET), Universal Electronics (UEIC), KLA (KLAC), Rockwell Automation (ROK), Flex (FLEX), Teradyne (TER), TD SYNNEX (SNX), and MKS (MKSI).

Garmin vs. Its Competitors

Alphabet (NASDAQ:GOOGL) and Garmin (NYSE:GRMN) are both large-cap computer and technology companies, but which is the superior stock? We will compare the two businesses based on the strength of their valuation, profitability, institutional ownership, analyst recommendations, risk, media sentiment, earnings and dividends.

Alphabet has a net margin of 31.12% compared to Garmin's net margin of 23.21%. Alphabet's return on equity of 34.31% beat Garmin's return on equity.

Company Net Margins Return on Equity Return on Assets
Alphabet31.12% 34.31% 24.88%
Garmin 23.21%20.00%16.19%

Alphabet has a beta of 1.01, suggesting that its share price is 1% more volatile than the S&P 500. Comparatively, Garmin has a beta of 1, suggesting that its share price has a similar volatility profile to the S&P 500.

40.0% of Alphabet shares are held by institutional investors. Comparatively, 81.6% of Garmin shares are held by institutional investors. 11.6% of Alphabet shares are held by company insiders. Comparatively, 19.5% of Garmin shares are held by company insiders. Strong institutional ownership is an indication that endowments, hedge funds and large money managers believe a stock will outperform the market over the long term.

Alphabet currently has a consensus price target of $221.44, suggesting a potential downside of 7.59%. Garmin has a consensus price target of $222.00, suggesting a potential downside of 6.95%. Given Garmin's higher possible upside, analysts clearly believe Garmin is more favorable than Alphabet.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Alphabet
0 Sell rating(s)
10 Hold rating(s)
32 Buy rating(s)
3 Strong Buy rating(s)
2.84
Garmin
2 Sell rating(s)
1 Hold rating(s)
0 Buy rating(s)
1 Strong Buy rating(s)
2.00

Alphabet has higher revenue and earnings than Garmin. Alphabet is trading at a lower price-to-earnings ratio than Garmin, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Alphabet$350.02B8.28$100.12B$9.3925.52
Garmin$6.30B7.29$1.41B$8.1129.42

Alphabet pays an annual dividend of $0.84 per share and has a dividend yield of 0.4%. Garmin pays an annual dividend of $3.60 per share and has a dividend yield of 1.5%. Alphabet pays out 8.9% of its earnings in the form of a dividend. Garmin pays out 44.4% of its earnings in the form of a dividend. Both companies have healthy payout ratios and should be able to cover their dividend payments with earnings for the next several years. Alphabet has raised its dividend for 1 consecutive years and Garmin has raised its dividend for 8 consecutive years. Garmin is clearly the better dividend stock, given its higher yield and longer track record of dividend growth.

In the previous week, Alphabet had 209 more articles in the media than Garmin. MarketBeat recorded 240 mentions for Alphabet and 31 mentions for Garmin. Garmin's average media sentiment score of 1.25 beat Alphabet's score of 0.84 indicating that Garmin is being referred to more favorably in the news media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Alphabet
143 Very Positive mention(s)
28 Positive mention(s)
28 Neutral mention(s)
28 Negative mention(s)
2 Very Negative mention(s)
Positive
Garmin
23 Very Positive mention(s)
1 Positive mention(s)
7 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive

Summary

Alphabet beats Garmin on 13 of the 20 factors compared between the two stocks.

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New MarketBeat Followers Over Time

This chart shows the number of new MarketBeat users adding GRMN and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
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Media Sentiment Over Time

This chart shows the average media sentiment of NYSE and its competitors over the past 90 days as caculated by MarketBeat. The averaged score is equivalent to the following: Very Negative Sentiment <= -1.5, Negative Sentiment > -1.5 and <= -0.5, Neutral Sentiment > -0.5 and < 0.5, Positive Sentiment >= 0.5 and < 1.5, and Very Positive Sentiment >= 1.5.
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GRMN vs. The Competition

MetricGarminELEC PRODS IndustryComputer SectorNYSE Exchange
Market Cap$46.10B$9.13B$30.72B$21.32B
Dividend Yield1.50%1.72%3.15%3.49%
P/E Ratio29.4220.69441.5229.42
Price / Sales7.2988.951,804.6968.57
Price / Cash28.6016.7936.3324.61
Price / Book5.848.437.174.55
Net Income$1.41B$283.75M$806.93M$999.91M
7 Day Performance0.73%-0.45%144.39%0.93%
1 Month Performance2.60%2.49%147.07%5.24%
1 Year Performance32.32%8.17%24,142.30%16.56%

Garmin Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
GRMN
Garmin
4.4484 of 5 stars
$238.59
-0.4%
$222.00
-7.0%
+30.4%$46.10B$6.30B29.4221,800News Coverage
Positive News
GOOGL
Alphabet
3.3627 of 5 stars
$212.91
+0.6%
$211.53
-0.6%
+61.1%$2.57T$350.02B22.67183,323Trending News
Analyst Downgrade
A
Agilent Technologies
4.8122 of 5 stars
$125.63
+0.5%
$139.25
+10.8%
-8.5%$35.69B$6.79B29.4917,900Positive News
ANET
Arista Networks
4.627 of 5 stars
$136.46
+0.2%
$138.07
+1.2%
+74.7%$171.51B$7.00B53.674,412Positive News
Insider Trade
Short Interest ↓
UEIC
Universal Electronics
4.6375 of 5 stars
$4.86
-1.0%
$11.00
+126.3%
-43.6%$64.83M$394.88M-3.893,838News Coverage
Positive News
KLAC
KLA
4.3405 of 5 stars
$872.00
-2.5%
$890.59
+2.1%
+29.3%$115.07B$12.16B28.6915,200Positive News
ROK
Rockwell Automation
4.7904 of 5 stars
$343.80
-1.5%
$340.16
-1.1%
+32.2%$38.66B$8.06B40.3527,000Positive News
FLEX
Flex
3.2987 of 5 stars
$53.62
-2.1%
$53.71
+0.2%
+95.4%$20.12B$26.07B23.52147,979Trending News
TER
Teradyne
4.7766 of 5 stars
$118.24
+0.3%
$114.44
-3.2%
-7.4%$18.81B$2.83B40.916,500Positive News
SNX
TD SYNNEX
4.666 of 5 stars
$148.20
-0.9%
$151.30
+2.1%
+34.9%$12.22B$58.45B17.3123,000Positive News
MKSI
MKS
4.7332 of 5 stars
$103.34
-3.9%
$119.80
+15.9%
+2.6%$6.94B$3.59B26.2310,200Positive News
Analyst Downgrade

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This page (NYSE:GRMN) was last updated on 9/10/2025 by MarketBeat.com Staff
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