Garmin Ltd. (GRMN) vs Trimble Inc. (TRMB)
Garmin Ltd. and Trimble Inc. are both Scientific & Technical Instruments companies. Garmin Ltd. is the larger, with a market value of $57.3B against $13.5B — 4.2× the size. Trimble Inc. has negative trailing earnings, so its P/E is not meaningful; Garmin Ltd. trades at 30.2×. Garmin Ltd. grew revenue faster over the last twelve months: 13.5% against 5.80%. Garmin Ltd. has the higher net margin (24.5% vs −2.77%) and the higher return on invested capital (20.8% vs 6.32%). Across the 21 metrics below, Garmin Ltd. leads on 14 and Trimble Inc. on 7.
Valuation
Profitability
| Metric | GRMN | TRMB | Scientific & Technical Instruments median |
|---|---|---|---|
| Gross margin | 60.08% | 69.80% | 45.75% |
| Operating margin | 27.61% | 16.99% | 7.34% |
| Net margin | 24.47% | (2.77%) | 1.56% |
| Free cash flow margin | 20.85% | 20.44% | 5.84% |
| Return on equity | 21.89% | (1.94%) | 2.87% |
| Return on assets | 17.26% | (1.19%) | 0.99% |
| Return on invested capital | 20.81% | 6.32% | 3.88% |
Growth
Health
Dividend
Size
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