Which has the lower trailing P/E, GRMN or NOK?

GRMN has the lower trailing P/E: GRMN trades at 28.99 and NOK at 73.29. P/E is one valuation measure and does not by itself establish which business is cheaper.

Which has grown faster, GRMN or NOK?

Over the past five years, GRMN grew revenue faster — GRMN at a 9.56% CAGR versus NOK at -2.30%.

Does GRMN or NOK pay a bigger dividend?

GRMN yields 1.39% and NOK yields 1.54% based on trailing dividends and the latest price.

Is GRMN or NOK more profitable?

GRMN runs the higher net margin — GRMN at 24.47% versus NOK at 3.52%.

How have GRMN and NOK total returns compared?

Over the past 10 years, GRMN delivered 22.35% and NOK delivered 8.51% annualized total return. Past performance doesn't predict future results.

Garmin Ltd. (GRMN) vs Nokia Oyj (NOK)

A side-by-side comparison of Garmin Ltd. and Nokia Oyj across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of October 2, 2026. Differences are shown without an overall score or investment verdict.

GRMN

Garmin Ltd.

$54.22B

$281.16TechnologyDelayed quote: Oct 2, 2026, 4:01 PM EDT

NOK

Nokia Oyj

$57.25B

$10.60TechnologyDelayed quote: Oct 2, 2026, 4:00 PM EDT

Total return — GRMN vs NOK

growth of $100 · dividends reinvested · last 10y

GRMN +653.1% (+22.4%/yr)NOK +143.2% (+9.3%/yr)GRMN compounded faster over this window

GRMN NOK

GRMN vs NOK: by the numbers

•NOK is the larger company ($57.25B vs $54.22B market cap).
•GRMN trades at the lower trailing earnings multiple (28.99 vs 73.29 P/E), one valuation lens rather than an overall verdict.
•GRMN converts more revenue to profit (24.47% vs 3.52% net margin).
•GRMN grew revenue faster over the past five years (9.56% vs -2.30% CAGR).
•NOK pays the higher dividend yield (1.54% vs 1.39%).

Metrics side by side

Valuation

Metric	GRMN	NOK
P/E ratio	28.99	73.29
Forward P/E	27.65	N/A
PEG ratio	2.71	N/A
P/S ratio	7.07	2.43
P/B ratio	6.01	2.36
EV / EBITDA	22.69	28.62
FCF yield	2.83%	1.12%

Profitability

Metric	GRMN	NOK
Gross margin	60.08%	44.40%
Operating margin	27.61%	3.44%
Net margin	24.47%	3.52%
ROE	20.79%	3.43%
ROIC	18.76%	1.71%

Dividends

Metric	GRMN	NOK
Dividend yield	1.39%	1.54%
Payout ratio	40.21%	113.02%

Growth (annualized)

Metric	GRMN	NOK
Revenue CAGR (5Y)	9.56%	-2.30%
EPS CAGR (5Y)	10.78%	N/A
FCF CAGR (5Y)	7.42%	1.93%
Total return CAGR (5Y)	15.06%	17.06%

Frequently asked

Which has the lower trailing P/E, GRMN or NOK?: GRMN has the lower trailing P/E: GRMN trades at 28.99 and NOK at 73.29. P/E is one valuation measure and does not by itself establish which business is cheaper.
Which has grown faster, GRMN or NOK?: Over the past five years, GRMN grew revenue faster — GRMN at a 9.56% CAGR versus NOK at -2.30%.
Does GRMN or NOK pay a bigger dividend?: GRMN yields 1.39% and NOK yields 1.54% based on trailing dividends and the latest price.
Is GRMN or NOK more profitable?: GRMN runs the higher net margin — GRMN at 24.47% versus NOK at 3.52%.
How have GRMN and NOK total returns compared?: Over the past 10 years, GRMN delivered 22.35% and NOK delivered 8.51% annualized total return. Past performance doesn't predict future results.

Go deeper

Full GRMN analysis Full NOK analysis Interactive comparison tool

Dig into the metrics

Garmin P/E ratio Nokia Oyj P/E ratio Garmin dividend yield Nokia Oyj dividend yield Garmin ROE Nokia Oyj ROE Garmin operating margin Nokia Oyj operating margin Garmin revenue growth Nokia Oyj revenue growth Garmin free cash flow Nokia Oyj free cash flow

Garmin & Nokia Oyj appear in these rankings

Highest ROIC Stocks Highest 10-Year Total Return Stocks

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 October 2, 2026.