Garmin Ltd. (GRMN) vs Monolithic Power Systems, Inc. (MPWR)
A side-by-side comparison of Garmin Ltd. and Monolithic Power Systems, 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.
$296.21TechnologyDelayed quote: Jul 29, 2026, 11:20 AM EDT
MPWR
Monolithic Power Systems, Inc.
$1,260.00TechnologyDelayed quote: Jul 29, 2026, 11:20 AM EDT
Total return — GRMN vs MPWR
growth of $100 · dividends reinvested · last 22yGRMN +1716.9%MPWR +14473.4%MPWR compounded faster
Log scale — wide-divergence pair
GRMN MPWR
GRMN vs MPWR: by the numbers
- •MPWR is the larger company ($61.90B vs $57.13B market cap).
- •GRMN trades at the lower trailing earnings multiple (28.28 vs 92.43 P/E), one valuation lens rather than an overall verdict.
- •GRMN converts more revenue to profit (23.26% vs 22.84% net margin).
- •MPWR grew revenue faster over the past five years (25.95% vs 11.13% CAGR).
- •GRMN pays the higher dividend yield (1.48% vs 0.56%).
Metrics side by side
Valuation
| Metric | GRMN | MPWR |
|---|---|---|
| P/E ratio | 28.28 | 92.43 |
| Forward P/E | 26.31 | 53.05 |
| P/S ratio | 6.58 | 21.35 |
| P/B ratio | 5.30 | 17.17 |
| PEG ratio | 1.34 | 3.25 |
| EV / EBITDA | 21.68 | 72.45 |
| FCF yield | 2.96% | 0.99% |
Profitability
| Metric | GRMN | MPWR |
|---|---|---|
| Gross margin | 59.14% | 55.18% |
| Operating margin | 26.46% | 27.09% |
| Net margin | 23.26% | 22.84% |
| ROE | 18.73% | 18.37% |
| ROIC | 16.65% | 15.30% |
Dividends
| Metric | GRMN | MPWR |
|---|---|---|
| Dividend yield | 1.48% | 0.56% |
| Payout ratio | 43.35% | 55.54% |
Growth (annualized)
| Metric | GRMN | MPWR |
|---|---|---|
| Revenue CAGR (5Y) | 11.13% | 25.95% |
| EPS CAGR (5Y) | 9.55% | 28.43% |
| FCF CAGR (5Y) | 5.80% | 22.36% |
| Total return CAGR (5Y) | 12.59% | 25.26% |
Frequently asked
- Which has the lower trailing P/E, GRMN or MPWR?
- GRMN has the lower trailing P/E: GRMN trades at 28.28 and MPWR at 92.43. P/E is one valuation measure and does not by itself establish which business is cheaper.
- Which has grown faster, GRMN or MPWR?
- Over the past five years, MPWR grew revenue faster — GRMN at a 11.13% CAGR versus MPWR at 25.95%.
- Does GRMN or MPWR pay a bigger dividend?
- GRMN yields 1.48% and MPWR yields 0.56% based on trailing dividends and the latest price.
- Is GRMN or MPWR more profitable?
- GRMN runs the higher net margin — GRMN at 23.26% versus MPWR at 22.84%.
- How have GRMN and MPWR total returns compared?
- Over the past 10 years, GRMN delivered 19.91% and MPWR delivered 34.23% annualized total return. Past performance doesn't predict future results.
Go deeper
Dig into the metrics
Garmin P/E ratioMonolithic Power Systems P/E ratioGarmin dividend yieldMonolithic Power Systems dividend yieldGarmin ROEMonolithic Power Systems ROEGarmin operating marginMonolithic Power Systems operating marginGarmin revenue growthMonolithic Power Systems revenue growthGarmin free cash flowMonolithic Power Systems free cash flow
Garmin & Monolithic Power Systems 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.