Garmin Ltd. (GRMN) vs Keysight Technologies, Inc. (KEYS)

GRMN leads on 12 of 15 compared metrics.

A side-by-side comparison of Garmin Ltd. and Keysight Technologies, Inc. across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of June 14, 2026. The ● marks the stronger figure on each row (cheaper multiple, higher margin/return).

Total return — GRMN vs KEYS

growth of $100 · last 12y
GRMN +355.8%KEYS +1141.3%KEYS compounded faster
05001kStart $100201620182020202220242026$456$1,241
GRMN KEYS

GRMN vs KEYS: by the numbers

  • KEYS is the larger company ($59.93B vs $45.92B market cap).
  • GRMN trades at the lower earnings multiple (26.54 vs 57.77 P/E).
  • GRMN converts more revenue to profit (23.26% vs 17.25% net margin).
  • GRMN grew revenue faster over the past five years (11.13% vs 5.62% CAGR).
  • GRMN pays a dividend (1.51% yield) while KEYS does not currently pay one.

Which is better, GRMN or KEYS?

Metric tally: GRMN 12 · KEYS 3

It depends on what you're optimizing for:

ValueGRMN(lower P/E)
GrowthGRMN(faster 5Y revenue CAGR)
QualityGRMN(higher ROIC)

Valuation

MetricGRMNKEYS
P/E ratio26.5457.77
Forward P/E24.7034.46
P/S ratio6.179.96
P/B ratio4.979.58
PEG ratio1.340.96
EV / EBITDA19.2042.37
FCF yield3.15%2.38%

Profitability

MetricGRMNKEYS
Gross margin59.14%63.67%
Operating margin26.46%18.17%
Net margin23.26%17.25%
ROE18.73%16.59%
ROIC16.71%8.02%

Dividends

MetricGRMNKEYS
Dividend yield1.51%
Payout ratio41.62%

Growth (annualized)

MetricGRMNKEYS
Revenue CAGR (5Y)11.13%5.62%
EPS CAGR (5Y)9.55%7.90%
FCF CAGR (5Y)5.80%5.73%
Total return CAGR (5Y)12.86%18.85%

Frequently asked

Which is better, GRMN or KEYS?
It depends on your goal. value: GRMN (lower P/E); growth: GRMN (faster 5Y revenue CAGR); quality: GRMN (higher ROIC). Across all compared metrics, GRMN leads 12 to 3.
Is GRMN or KEYS cheaper?
On trailing earnings, GRMN is cheaper: GRMN trades at a 26.54 P/E and KEYS at 57.77.
Which has grown faster, GRMN or KEYS?
Over the past five years, GRMN grew revenue faster — GRMN at a 11.13% CAGR versus KEYS at 5.62%.
Does GRMN or KEYS pay a bigger dividend?
GRMN pays a dividend (1.51% yield) while KEYS does not currently pay one.
Is GRMN or KEYS more profitable?
GRMN runs the higher net margin — GRMN at 23.26% versus KEYS at 17.25%.
Which has been the better investment, GRMN or KEYS?
Over the past 10-year, KEYS delivered the higher annualized total return — GRMN at 22.01% versus KEYS at 27.59%. 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 14, 2026.