Garmin Ltd. (GRMN) vs Microchip Technology Incorporated (MCHP)
GRMN leads on 15 of 16 compared metrics.
A side-by-side comparison of Garmin Ltd. and Microchip Technology Incorporated 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).
Not enough overlapping price history to compare GRMN and MCHP.
GRMN vs MCHP: by the numbers
- •MCHP is the larger company ($51.63B vs $45.92B market cap).
- •GRMN trades at the lower earnings multiple (26.54 vs 359.53 P/E).
- •GRMN converts more revenue to profit (23.26% vs 4.29% net margin).
- •GRMN grew revenue faster over the past five years (11.13% vs -2.82% CAGR).
- •MCHP pays the higher dividend yield (1.91% vs 1.51%).
Which is better, GRMN or MCHP?
Metric tally: GRMN 15 · MCHP 1It depends on what you're optimizing for:
ValueGRMN(lower P/E)
GrowthGRMN(faster 5Y revenue CAGR)
IncomeMCHP(higher dividend yield)
QualityGRMN(higher ROIC)
Valuation
| Metric | GRMN | MCHP |
|---|---|---|
| P/E ratio | 26.54● | 359.53 |
| Forward P/E | 24.70 | — |
| P/S ratio | 6.17● | 11.07 |
| P/B ratio | 4.97● | 8.11 |
| PEG ratio | 1.34● | 519.48 |
| EV / EBITDA | 19.20● | 80.79 |
| FCF yield | 3.15%● | 1.67% |
Profitability
| Metric | GRMN | MCHP |
|---|---|---|
| Gross margin | 59.14%● | 57.73% |
| Operating margin | 26.46%● | 10.40% |
| Net margin | 23.26%● | 4.29% |
| ROE | 18.73%● | 3.14% |
| ROIC | 16.71%● | 3.11% |
Dividends
| Metric | GRMN | MCHP |
|---|---|---|
| Dividend yield | 1.51% | 1.91%● |
| Payout ratio | 41.62% | 674.07% |
Growth (annualized)
| Metric | GRMN | MCHP |
|---|---|---|
| Revenue CAGR (5Y) | 11.13%● | -2.82% |
| EPS CAGR (5Y) | 9.55%● | -16.62% |
| FCF CAGR (5Y) | 5.80%● | -13.74% |
| Total return CAGR (5Y) | 12.86%● | 6.56% |
Frequently asked
- Which is better, GRMN or MCHP?
- It depends on your goal. value: GRMN (lower P/E); growth: GRMN (faster 5Y revenue CAGR); income: MCHP (higher dividend yield); quality: GRMN (higher ROIC). Across all compared metrics, GRMN leads 15 to 1.
- Is GRMN or MCHP cheaper?
- On trailing earnings, GRMN is cheaper: GRMN trades at a 26.54 P/E and MCHP at 359.53.
- Which has grown faster, GRMN or MCHP?
- Over the past five years, GRMN grew revenue faster — GRMN at a 11.13% CAGR versus MCHP at -2.82%.
- Does GRMN or MCHP pay a bigger dividend?
- GRMN yields 1.51% and MCHP yields 1.91% based on trailing dividends and the latest price.
- Is GRMN or MCHP more profitable?
- GRMN runs the higher net margin — GRMN at 23.26% versus MCHP at 4.29%.
- Which has been the better investment, GRMN or MCHP?
- Over the past 10-year, GRMN delivered the higher annualized total return — GRMN at 22.01% versus MCHP at 15.96%. Past performance doesn't predict future results.
Go deeper
Dig into the metrics
Garmin P/E ratioMicrochip Technology P/E ratioGarmin dividend yieldMicrochip Technology dividend yieldGarmin ROEMicrochip Technology ROEGarmin operating marginMicrochip Technology operating marginGarmin revenue growthMicrochip Technology revenue growthGarmin free cash flowMicrochip Technology free cash flow
Garmin & Microchip Technology 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 14, 2026.