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).
Total return — CLS vs GRMN
growth of $100 · last 26yCLS +451.9%GRMN +2242.0%GRMN compounded faster
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 8It depends on what you're optimizing for:
ValueGRMN(lower P/E)
GrowthCLS(faster 5Y revenue CAGR)
QualityCLS(higher ROIC)
Metrics side by side
Valuation
| Metric | CLS | GRMN |
|---|---|---|
| P/E ratio | 44.99 | 26.11● |
| Forward P/E | 37.36 | 24.29● |
| P/S ratio | 3.12● | 6.07 |
| P/B ratio | 21.04 | 4.89● |
| PEG ratio | 0.39● | 1.34 |
| EV / EBITDA | 31.98 | 18.87● |
| FCF yield | 1.14% | 3.20%● |
Profitability
| Metric | CLS | GRMN |
|---|---|---|
| Gross margin | 11.61% | 59.14%● |
| Operating margin | 7.84% | 26.46%● |
| Net margin | 6.95% | 23.26%● |
| ROE | 46.86%● | 18.73% |
| ROIC | 27.74%● | 16.71% |
Dividends
| Metric | CLS | GRMN |
|---|---|---|
| Dividend yield | — | 1.60% |
| Payout ratio | — | 43.35% |
Growth (annualized)
| Metric | CLS | GRMN |
|---|---|---|
| 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.
Go deeper
Dig into the metrics
Celestica P/E ratioGarmin P/E ratioCelestica dividend yieldGarmin dividend yieldCelestica ROEGarmin ROECelestica operating marginGarmin operating marginCelestica revenue growthGarmin revenue growthCelestica free cash flowGarmin free cash flow
Celestica & Garmin appear in these rankings
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.