Hardware, Equipment & Parts
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TRMB vs GRMN
Revenue, margins, valuation, and 5-year total return — side by side.
Hardware, Equipment & Parts
TRMB vs GRMN — Key Financials
Market cap, revenue, margins, and valuation side-by-side.
| Company Snapshot | ||
|---|---|---|
| Industry | Hardware, Equipment & Parts | Hardware, Equipment & Parts |
| Market Cap | $15.02B | $46.83B |
| Revenue (TTM) | $3.69B | $7.46B |
| Net Income (TTM) | $456M | $1.74B |
| Gross Margin | 68.8% | 59.1% |
| Operating Margin | 17.7% | 26.5% |
| Forward P/E | 20.5x | 25.5x |
| Total Debt | $1.39B | $165M |
| Cash & Equiv. | $253M | $2.28B |
TRMB vs GRMN — Long-Term Stock Performance
Price return indexed to 100 at period start. Dividends excluded.
| Stock | May 20 | May 26 | Return |
|---|---|---|---|
| Trimble Inc. (TRMB) | 100 | 162.1 | +62.1% |
| Garmin Ltd. (GRMN) | 100 | 269.3 | +169.3% |
Price return only. Dividends and distributions are not included.
Quick Verdict: TRMB vs GRMN
Each card shows where this stock fits in a portfolio — not just who wins on paper.
In this particular matchup, TRMB is outpaced on most metrics by others in the set.
GRMN carries the broadest edge in this set and is the clearest fit for income & stability and growth exposure.
- Dividend streak 2 yrs, beta 1.30, yield 1.4%
- Rev growth 15.1%, EPS growth 17.7%, 3Y rev CAGR 14.2%
- 5.6% 10Y total return vs TRMB's 172.8%
See the full category breakdown
| Category | Winner | Why |
|---|---|---|
| Growth | 15.1% revenue growth vs TRMB's -2.6% | |
| Value | PEG 2.39 vs 8.35 | |
| Quality / Margins | 23.3% margin vs TRMB's 12.4% | |
| Stability / Safety | Beta 1.30 vs TRMB's 1.46, lower leverage | |
| Dividends | 1.4% yield; 2-year raise streak; the other pay no meaningful dividend | |
| Momentum (1Y) | +31.7% vs TRMB's +0.2% | |
| Efficiency (ROA) | 16.2% ROA vs TRMB's 5.0%, ROIC 22.0% vs 6.8% |
TRMB vs GRMN — Revenue Breakdown by Segment
How each company's revenue is distributed across its business units
TRMB vs GRMN — Financial Metrics
Side-by-side numbers across 2 stocks — who leads on profitability, valuation, growth, and risk.
Income & Cash Flow (Last 12 Months)
GRMN leads this category, winning 4 of 6 comparable metrics.
Income & Cash Flow (Last 12 Months)
GRMN is the larger business by revenue, generating $7.5B annually — 2.0x TRMB's $3.7B. GRMN is the more profitable business, keeping 23.3% of every revenue dollar as net income compared to TRMB's 12.4%.
| Metric | ||
|---|---|---|
| RevenueTrailing 12 months | $3.7B | $7.5B |
| EBITDAEarnings before interest/tax | $785M | $2.2B |
| Net IncomeAfter-tax profit | $456M | $1.7B |
| Free Cash FlowCash after capex | $253M | $1.5B |
| Gross MarginGross profit ÷ Revenue | +68.8% | +59.1% |
| Operating MarginEBIT ÷ Revenue | +17.7% | +26.5% |
| Net MarginNet income ÷ Revenue | +12.4% | +23.3% |
| FCF MarginFCF ÷ Revenue | +6.9% | +19.4% |
| Rev. Growth (YoY)Latest quarter vs prior year | +11.8% | +14.2% |
| EPS Growth (YoY)Latest quarter vs prior year | +55.6% | +21.5% |
Valuation Metrics
TRMB leads this category, winning 4 of 7 comparable metrics.
Valuation Metrics
At 28.3x trailing earnings, GRMN trades at a 22% valuation discount to TRMB's 36.2x P/E. Adjusting for growth (PEG ratio), GRMN offers better value at 2.64x vs TRMB's 14.75x — a lower PEG means you pay less per unit of expected earnings growth.
| Metric | ||
|---|---|---|
| Market CapShares × price | $15.0B | $46.8B |
| Enterprise ValueMkt cap + debt − cash | $16.2B | $44.7B |
| Trailing P/EPrice ÷ TTM EPS | 36.24x | 28.27x |
| Forward P/EPrice ÷ next-FY EPS est. | 20.52x | 25.55x |
| PEG RatioP/E ÷ EPS growth rate | 14.75x | 2.64x |
| EV / EBITDAEnterprise value multiple | 20.53x | 21.66x |
| Price / SalesMarket cap ÷ Revenue | 4.19x | 6.46x |
| Price / BookPrice ÷ Book value/share | 2.61x | 5.24x |
| Price / FCFMarket cap ÷ FCF | 112.79x | 34.36x |
Profitability & Efficiency
GRMN leads this category, winning 8 of 8 comparable metrics.
Profitability & Efficiency
GRMN delivers a 19.9% return on equity — every $100 of shareholder capital generates $20 in annual profit, vs $8 for TRMB. GRMN carries lower financial leverage with a 0.02x debt-to-equity ratio, signaling a more conservative balance sheet compared to TRMB's 0.24x. On the Piotroski fundamental quality scale (0–9), GRMN scores 7/9 vs TRMB's 5/9, reflecting strong financial health.
| Metric | ||
|---|---|---|
| ROE (TTM)Return on equity | +8.0% | +19.9% |
| ROA (TTM)Return on assets | +5.0% | +16.2% |
| ROICReturn on invested capital | +6.8% | +22.0% |
| ROCEReturn on capital employed | +7.8% | +21.6% |
| Piotroski ScoreFundamental quality 0–9 | 5 | 7 |
| Debt / EquityFinancial leverage | 0.24x | 0.02x |
| Net DebtTotal debt minus cash | $1.1B | -$2.1B |
| Cash & Equiv.Liquid assets | $253M | $2.3B |
| Total DebtShort + long-term debt | $1.4B | $165M |
| Interest CoverageEBIT ÷ Interest expense | 12.26x | — |
Total Returns (Dividends Reinvested)
GRMN leads this category, winning 6 of 6 comparable metrics.
Total Returns (Dividends Reinvested)
A $10,000 investment in GRMN five years ago would be worth $18,250 today (with dividends reinvested), compared to $8,354 for TRMB. Over the past 12 months, GRMN leads with a +31.7% total return vs TRMB's +0.2%. The 3-year compound annual growth rate (CAGR) favors GRMN at 34.6% vs TRMB's 10.1% — a key indicator of consistent wealth creation.
| Metric | ||
|---|---|---|
| YTD ReturnYear-to-date | -19.0% | +20.4% |
| 1-Year ReturnPast 12 months | +0.2% | +31.7% |
| 3-Year ReturnCumulative with dividends | +33.4% | +143.7% |
| 5-Year ReturnCumulative with dividends | -16.5% | +82.5% |
| 10-Year ReturnCumulative with dividends | +172.8% | +558.3% |
| CAGR (3Y)Annualised 3-year return | +10.1% | +34.6% |
Risk & Volatility
GRMN leads this category, winning 2 of 2 comparable metrics.
Risk & Volatility
GRMN is the less volatile stock with a 1.30 beta — it tends to amplify market swings less than TRMB's 1.46 beta. A beta below 1.0 means the stock typically moves less than the S&P 500. GRMN currently trades 88.8% from its 52-week high vs TRMB's 72.5% drawdown — a narrower gap to the peak suggests stronger recent price momentum.
| Metric | ||
|---|---|---|
| Beta (5Y)Sensitivity to S&P 500 | 1.46x | 1.30x |
| 52-Week HighHighest price in past year | $87.50 | $273.32 |
| 52-Week LowLowest price in past year | $62.00 | $184.47 |
| % of 52W HighCurrent price vs 52-week peak | +72.5% | +88.8% |
| RSI (14)Momentum oscillator 0–100 | 55.6 | 35.2 |
| Avg Volume (50D)Average daily shares traded | 1.7M | 738K |
Analyst Outlook
Insufficient data to determine a leader in this category.
Analyst Outlook
Wall Street rates TRMB as "Buy" and GRMN as "Hold". Consensus price targets imply 49.8% upside for TRMB (target: $95) vs 10.8% for GRMN (target: $269). GRMN is the only dividend payer here at 1.41% yield — a key consideration for income-focused portfolios.
| Metric | ||
|---|---|---|
| Analyst RatingConsensus buy/hold/sell | Buy | Hold |
| Price TargetConsensus 12-month target | $95.00 | $269.00 |
| # AnalystsCovering analysts | 28 | 28 |
| Dividend YieldAnnual dividend ÷ price | — | +1.4% |
| Dividend StreakConsecutive years of raises | — | 2 |
| Dividend / ShareAnnual DPS | — | $3.43 |
| Buyback YieldShare repurchases ÷ mkt cap | +5.7% | +0.5% |
GRMN leads in 4 of 6 categories (Income & Cash Flow, Profitability & Efficiency). TRMB leads in 1 (Valuation Metrics).
TRMB vs GRMN: Frequently Asked Questions
10 questions · data-driven answers · updated daily
01Is TRMB or GRMN a better buy right now?
For growth investors, Garmin Ltd.
(GRMN) is the stronger pick with 15. 1% revenue growth year-over-year, versus -2. 6% for Trimble Inc. (TRMB). Garmin Ltd. (GRMN) offers the better valuation at 28. 3x trailing P/E (25. 5x forward), making it the more compelling value choice. Analysts rate Trimble Inc. (TRMB) a "Buy" — based on 28 analyst ratings — the highest consensus in this comparison. The "better buy" depends entirely on your goals: growth investors should weight revenue trajectory, value investors should weight P/E and PEG, and income investors should weight dividend yield and streak.
02Which has the better valuation — TRMB or GRMN?
On trailing P/E, Garmin Ltd.
(GRMN) is the cheapest at 28. 3x versus Trimble Inc. at 36. 2x. On forward P/E, Trimble Inc. is actually cheaper at 20. 5x — notably different from the trailing picture, reflecting expected earnings growth. The PEG ratio (P/E divided by earnings growth rate) is the most growth-adjusted single valuation metric: Garmin Ltd. wins at 2. 39x versus Trimble Inc. 's 8. 35x.
03Which is the better long-term investment — TRMB or GRMN?
Over the past 5 years, Garmin Ltd.
(GRMN) delivered a total return of +82. 5%, compared to -16. 5% for Trimble Inc. (TRMB). Over 10 years, the gap is even starker: GRMN returned +558. 3% versus TRMB's +172. 8%. Past returns do not guarantee future results, and the stock with the higher historical return may already have its best growth priced in.
04Which is safer — TRMB or GRMN?
By beta (market sensitivity over 5 years), Garmin Ltd.
(GRMN) is the lower-risk stock at 1. 30β versus Trimble Inc. 's 1. 46β — meaning TRMB is approximately 13% more volatile than GRMN relative to the S&P 500. On balance sheet safety, Garmin Ltd. (GRMN) carries a lower debt/equity ratio of 2% versus 24% for Trimble Inc. — giving it more financial flexibility in a downturn.
05Which is growing faster — TRMB or GRMN?
By revenue growth (latest reported year), Garmin Ltd.
(GRMN) is pulling ahead at 15. 1% versus -2. 6% for Trimble Inc. (TRMB). On earnings-per-share growth, the picture is similar: Garmin Ltd. grew EPS 17. 7% year-over-year, compared to -71. 3% for Trimble Inc.. Over a 3-year CAGR, GRMN leads at 14. 2% annualised revenue growth. Higher growth typically commands a higher valuation multiple — check whether the premium P/E or P/S is justified by the growth rate using the PEG ratio.
06Which has better profit margins — TRMB or GRMN?
Garmin Ltd.
(GRMN) is the more profitable company, earning 23. 0% net margin versus 11. 8% for Trimble Inc. — meaning it keeps 23. 0% of every revenue dollar as bottom-line profit. Operating margin tells a similar story: GRMN leads at 25. 9% versus 16. 9% for TRMB. At the gross margin level — before operating expenses — TRMB leads at 68. 3%, reflecting greater pricing power or product mix advantage. Stronger margins indicate durable pricing power, lower cost of revenue, or higher mix of software/services. They are one of the clearest signs of business quality.
07Is TRMB or GRMN more undervalued right now?
The PEG ratio (forward P/E divided by expected earnings growth rate) is the most precise measure of undervaluation relative to growth potential.
By this metric, Garmin Ltd. (GRMN) is the more undervalued stock at a PEG of 2. 39x versus Trimble Inc. 's 8. 35x. Both stocks trade at elevated growth-adjusted valuations, so expected growth needs to materialise. On forward earnings alone, Trimble Inc. (TRMB) trades at 20. 5x forward P/E versus 25. 5x for Garmin Ltd. — 5. 0x cheaper on a one-year earnings basis. Analyst consensus price targets imply the most upside for TRMB: 49. 8% to $95. 00.
08Which pays a better dividend — TRMB or GRMN?
In this comparison, GRMN (1.
4% yield) pays a dividend. TRMB does not pay a meaningful dividend and should not be held primarily for income.
09Is TRMB or GRMN better for a retirement portfolio?
For long-horizon retirement investors, Garmin Ltd.
(GRMN) is the stronger choice — it scores higher on the combination of lower volatility, dividend reliability, and long-term compounding (1. 4% yield, +558. 3% 10Y return). Both have compounded well over 10 years (GRMN: +558. 3%, TRMB: +172. 8%), confirming both are viable long-term holds — but the lower-volatility option typically results in less emotional selling during corrections. Retirement portfolios generally favour predictability over maximum returns. Consult a financial advisor before making allocation decisions.
10What are the main differences between TRMB and GRMN?
Both stocks operate in the Technology sector, making this a peer-level intra-sector comparison — the same macro tailwinds and headwinds will affect both.
In terms of investment character: TRMB is a mid-cap quality compounder stock; GRMN is a mid-cap high-growth stock. GRMN pays a dividend while TRMB does not, making them suitable for different income and tax situations. These fundamental differences mean investors should not choose between them on a single metric — the "better stock" depends entirely on which of these characteristics aligns with your investment strategy.
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