Celestica Inc. (CLS) vs Garmin Ltd. (GRMN)

CLS and GRMN are evenly matched — 8 metrics each of 16.

A side-by-side comparison of Celestica Inc. and Garmin Ltd. across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of June 20, 2026. The ● marks the stronger figure on each row (cheaper multiple, higher margin/return).

Compare

Total return — CLS vs GRMN

growth of $100 · last 26y
CLS +451.9%GRMN +2242.0%GRMN compounded faster
01k2kStart $10020052010201520202025$552$2,342
CLS GRMN

CLS vs GRMN: by the numbers

  • GRMN is the larger company ($45.17B vs $42.83B market cap).
  • GRMN trades at the lower earnings multiple (26.11 vs 44.99 P/E).
  • GRMN converts more revenue to profit (23.26% vs 6.95% net margin).
  • CLS grew revenue faster over the past five years (19.51% vs 11.13% CAGR).
  • GRMN pays a dividend (1.60% yield) while CLS does not currently pay one.

Which is better, CLS or GRMN?

Metric tally: CLS 8 · GRMN 8

It depends on what you're optimizing for:

ValueGRMN(lower P/E)
GrowthCLS(faster 5Y revenue CAGR)
QualityCLS(higher ROIC)

Metrics side by side

Valuation

MetricCLSGRMN
P/E ratio44.9926.11
Forward P/E37.3624.29
P/S ratio3.126.07
P/B ratio21.044.89
PEG ratio0.391.34
EV / EBITDA31.9818.87
FCF yield1.14%3.20%

Profitability

MetricCLSGRMN
Gross margin11.61%59.14%
Operating margin7.84%26.46%
Net margin6.95%23.26%
ROE46.86%18.73%
ROIC27.74%16.71%

Dividends

MetricCLSGRMN
Dividend yield1.60%
Payout ratio43.35%

Growth (annualized)

MetricCLSGRMN
Revenue CAGR (5Y)19.51%11.13%
EPS CAGR (5Y)73.33%9.55%
FCF CAGR (5Y)26.52%5.80%
Total return CAGR (5Y)116.87%13.32%

Frequently asked

Which is better, CLS or GRMN?
It depends on your goal. value: GRMN (lower P/E); growth: CLS (faster 5Y revenue CAGR); quality: CLS (higher ROIC). Across all compared metrics, they are evenly matched.
Is CLS or GRMN cheaper?
On trailing earnings, GRMN is cheaper: CLS trades at a 44.99 P/E and GRMN at 26.11.
Which has grown faster, CLS or GRMN?
Over the past five years, CLS grew revenue faster — CLS at a 19.51% CAGR versus GRMN at 11.13%.
Does CLS or GRMN pay a bigger dividend?
GRMN pays a dividend (1.60% yield) while CLS does not currently pay one.
Is CLS or GRMN more profitable?
GRMN runs the higher net margin — CLS at 6.95% versus GRMN at 23.26%.
Which has been the better investment, CLS or GRMN?
Over the past 10-year, CLS delivered the higher annualized total return — CLS at 43.02% versus GRMN at 21.85%. Past performance doesn't predict future results.

Figures are sourced from reported fundamentals and the latest end-of-day price. This comparison is informational only and is not investment advice. Past performance does not predict future results. See our methodology. Compiled by TGMCharts Research · data verified June 20, 2026.