Garmin Ltd. (GRMN) vs Lumentum Holdings Inc. (LITE)
A side-by-side comparison of Garmin Ltd. and Lumentum Holdings Inc. across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of July 29, 2026. Differences are shown without an overall score or investment verdict.
GRMN
Garmin Ltd.
$253.65TechnologyDelayed quote: Jul 28, 2026, 4:00 PM EDT
LITE
Lumentum Holdings Inc.
$651.93TechnologyDelayed quote: Jul 28, 2026, 4:00 PM EDT
Total return — GRMN vs LITE
growth of $100 · dividends reinvested · last 11yGRMN +708.2%LITE +3734.9%LITE compounded faster
GRMN LITE
GRMN vs LITE: by the numbers
- •LITE is the larger company ($50.72B vs $48.92B market cap).
- •GRMN trades at the lower trailing earnings multiple (28.28 vs 120.73 P/E), one valuation lens rather than an overall verdict.
- •GRMN converts more revenue to profit (23.26% vs 17.68% net margin).
- •GRMN grew revenue faster over the past five years (11.13% vs -1.01% CAGR).
- •GRMN pays a dividend (1.48% yield), while LITE has no payments in the available dividend history.
Metrics side by side
Valuation
| Metric | GRMN | LITE |
|---|---|---|
| P/E ratio | 28.28 | 120.73 |
| Forward P/E | 26.31 | 79.26 |
| P/S ratio | 6.58 | 25.20 |
| P/B ratio | 5.30 | 21.09 |
| PEG ratio | 1.34 | N/A |
| EV / EBITDA | 21.68 | 125.37 |
| FCF yield | 2.96% | 0.44% |
Profitability
| Metric | GRMN | LITE |
|---|---|---|
| Gross margin | 59.14% | 27.96% |
| Operating margin | 26.46% | -11.68% |
| Net margin | 23.26% | 17.68% |
| ROE | 18.73% | 14.79% |
| ROIC | 16.65% | 0.75% |
Dividends
| Metric | GRMN | LITE |
|---|---|---|
| Dividend yield | 1.48% | N/A |
| Payout ratio | 43.35% | N/A |
Growth (annualized)
| Metric | GRMN | LITE |
|---|---|---|
| Revenue CAGR (5Y) | 11.13% | -1.01% |
| EPS CAGR (5Y) | 9.55% | -26.64% |
| FCF CAGR (5Y) | 5.80% | -7.72% |
| Total return CAGR (5Y) | 12.59% | 50.92% |
Frequently asked
- Which has the lower trailing P/E, GRMN or LITE?
- GRMN has the lower trailing P/E: GRMN trades at 28.28 and LITE at 120.73. P/E is one valuation measure and does not by itself establish which business is cheaper.
- Which has grown faster, GRMN or LITE?
- Over the past five years, GRMN grew revenue faster — GRMN at a 11.13% CAGR versus LITE at -1.01%.
- Does GRMN or LITE pay a bigger dividend?
- GRMN pays a dividend (1.48% yield), while LITE has no payments in the available dividend history.
- Is GRMN or LITE more profitable?
- GRMN runs the higher net margin — GRMN at 23.26% versus LITE at 17.68%.
- How have GRMN and LITE total returns compared?
- Over the past 10 years, GRMN delivered 19.91% and LITE delivered 35.85% annualized total return. Past performance doesn't predict future results.
Go deeper
Dig into the metrics
Garmin P/E ratioLumentum P/E ratioGarmin dividend yieldLumentum dividend yieldGarmin ROELumentum ROEGarmin operating marginLumentum operating marginGarmin revenue growthLumentum revenue growthGarmin free cash flowLumentum free cash flow
Garmin & Lumentum 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 July 29, 2026.