Keysight Technologies, Inc. (KEYS)
Similar size · 1.20x market cap
Scientific & Technical Instruments
YouTube · Q3 FY2026 · 2026-08-20
GRMN · NYSE
Garmin Ltd.
Scientific & Technical Instruments · Switzerland
USD 286.020.2% daily changeQuote 2026-10-06 · USD
- Market cap (USD)
- US$55.16B
- Trailing P/E
- 29.52x
- Forward P/E
- 25.69x
- Quarterly revenue growth
- 11.4%
- Trailing net margin
- 24.5%
- Indicated dividend yield
- 1.5%
Snapshot 2026-10-06 · Latest financial period 2026-06-27 · Yahoo Finance. Quotes may be delayed; reporting periods can differ.
Next earnings: 2026-10-28 (provider estimate, not issuer-confirmed).
Company background
Garmin Ltd. designs, develops, manufactures, markets, and distributes a diverse range of GPS-enabled products and navigation, communications, sensor-based, and information products and services worldwide. It offers running; cycling products; smartwatch devices; scales and monitors; and sports timing and performance analysis; Garmin Connect and Garmin Connect Mobile, which are web and mobile platforms where users can track and analyze their fitness, activities and workouts, and wellness data; and Connect IQ, which enables third parties to create applications that run on Garmin devices. It also provides adventure watches; outdoor handhelds and satellite communicators; golf devices; consumer automotive; dog devices; InReach and Gramin response; and dive devices. In addition, it designs, manufactures, and markets various aircraft avionics solutions, including integrated flight decks, electronic flight displays and instrumentation, navigation and communication products, automatic flight control systems and safety-enhancing technologies, audio control systems, engine indication systems, traffic awareness and avoidance solutions, ADS-B and transponders, weather information and avoidance solutions, datalink and connectivity solutions, and portable GPS navigators and wearables, as well as service products to the aviation market. Further, it offers chartplotters and multi-function displays, cartography, fishfinders, sonar, autopilot systems, radars, compliant instrument displays and sensors, VHF communication radios, handhelds and wearable devices, sailing, audio, digital switching, trolling motors, and lighting; and domain controllers and infotainment units, as well as software, map database, camera, wearable, and automotive solutions. The company sells its products through independent retailers, dealers, distributors, installation and repair shops, OEM, and online webshop. Garmin Ltd. was founded in 1989 and is based in Schaffhausen, Switzerland.
Company websiteQ2 2026
Go beyond the headline.
Garmin (GRMN): Record 62.4% Margin, Stock +12.6% — But H2 Is Guided To +7%. Is GRMN a Buy?
Published 2026-08-02
Comparable businesses
GRMN peer comparison
Same business group first, then company size. Preferred market cap: 0.5–2x; extended range: one-third–3x. Outside that range, industry benchmarks are labeled separately and excluded from peer medians.
| Metric | GRMNGarmin Ltd.Snapshot 2026-10-06Financial period: 2026-06-27 | KEYSKeysight Technologies, Inc.Snapshot 2026-10-06Financial period: 2026-07-31 | TDYTeledyne Technologies IncorporatedSnapshot 2026-10-06Financial period: 2026-06-28 | Peer medianSimilar-size peers only |
|---|---|---|---|---|
| Market capMarket value, converted to USD | US$55.16B | US$66.23B | US$28.84B | US$47.53Bn=2 |
| Forward P/EProvider forward earnings estimate | 25.69x | 28.05x | 23.23x | 25.64xn=2 |
| EV / EBITDAEnterprise value / trailing EBITDA | 22.77x | 38.61x | 19.10x | 28.85xn=2 |
| Revenue growthLatest quarter vs prior-year quarter | 11.4% | 36.5% | 9.8% | 23.1%n=2 |
| Operating marginLatest reported quarter | 30.4% | 25.7% | 20.2% | 22.9%n=2 |
| Free cash flow yieldTrailing cash flow / market cap | 1.9% | 2.8% | 3.2% | 3.0%n=2 |
| Net debt / EBITDANet debt / trailing EBITDA | -1.06x | 0.09x | 1.06x | 0.58xn=2 |
| Debt / equityTotal debt / positive book equity | 0.03x | 0.42x | 0.19x | 0.30xn=2 |
| Trailing P/ETrailing twelve-month earnings | 29.52x | 52.64x | 30.10x | 41.37xn=2 |
| Price / bookPrice / positive book equity per share | 6.11x | 10.08x | 2.64x | 6.36xn=2 |
| EV / salesEnterprise value / trailing revenue | 6.86x | 9.96x | 4.77x | 7.37xn=2 |
| Earnings growthLatest quarter vs prior-year quarter | 35.3% | 109.1% | 21.2% | 65.1%n=2 |
| Gross marginTrailing twelve months | 60.1% | 63.3% | 43.3% | 53.3%n=2 |
| Net marginTrailing twelve months | 24.5% | 19.1% | 15.3% | 17.2%n=2 |
| Return on equityProvider trailing return; positive equity only | 21.9% | 20.9% | 9.2% | 15.0%n=2 |
| Free cash flow marginTrailing free cash flow / revenue | 13.6% | 28.4% | 14.3% | 21.3%n=2 |
| Dividend yieldIndicated annual dividend / price | 1.5% | — | — | — |
| Earnings payoutProvider trailing dividend payout | 38.7% | 0.0% | 0.0% | 0.0%n=2 |
| Current ratioCurrent assets / current liabilities | 3.03x | 2.02x | 2.18x | 2.10xn=2 |
| BetaProvider historical market sensitivity | 0.83 | 1.18 | 0.90 | 1.04n=2 |
YouTube · Q3 FY2026 · 2026-08-20
Teledyne Technologies Incorporated (TDY)
Similar size · 0.52x market cap
Scientific & Technical Instruments
YouTube · Q1 2026 · 2026-04-23
Comparison methodology & limitations
Reviewed operating groups override broad sector classifications. Other companies are matched only within a sufficiently specific provider industry. Business mix, geography and accounting standards can still differ. Market caps are converted to USD using exchange rates captured during the snapshot refresh. Financial ratios that would mix currencies are omitted. Snapshots must be at most 14 days old and no more than seven days apart for automatic selection.
Peer medians require at least two valid similar-size peers for each metric. Negative earnings, nonpositive equity, missing data and irrelevant bank ratios are not presented as attractive valuations. A higher or lower number is not automatically a better investment. Financial statement periods are not calendar-aligned across companies.
Reported performance
Financial trends
Periods are grouped by their ending calendar year or quarter, not identical fiscal calendars. Exact period-end dates appear in tooltips and reported figures. When reporting currencies differ and a recent captured FX rate is available, money and EPS are normalized to USD for comparison. This is not a historical FX restatement. Gaps are not estimated.
Financial statements load separately from the research page.
Source: . Window ends at the latest available reporting period.
Revenue
Reported figures
Financial data & calculation notes
Standalone charts use the stated reporting currency. When a chart comparison spans currencies, money and EPS can be normalized to USD using a recent captured FX snapshot; this is for comparison only, not a historical FX restatement. Stock-based compensation is noncash. Free cash flow is operating cash flow less capital spending, which may include capitalized software. Missing metrics are not estimated or assumed to be zero. Banking and insurance ratios require industry-specific interpretation. Latest restatements may differ from figures in older episodes.
Market context
Valuation & price history
Adjusted closing price
Price history loads separately.
Price figures
Earnings-multiple scenario
Illustrative price = your earnings-per-share assumption × your P/E assumption. This is not a price target or a complete valuation model.
Starting assumptions, when available, use provider forward estimates as of 2026-10-06. Negative earnings require a different valuation method. This calculation omits balance-sheet, dilution and execution risks.
THE RESEARCH RECORD
Research history for GRMN
Q2 20262026-08-02
Garmin (GRMN): Record 62.4% Margin, Stock +12.6% — But H2 Is Guided To +7%. Is GRMN a Buy?
Presentation · 2026-08-02 · YouTube
Q1 20262026-04-29
GRMN Stock: EPS Beats by 15% — Q1 2026 Earnings Analysis
Presentation · 2026-04-29 · YouTube