Garmin Ltd. (GRMN) vs Block, Inc. (SQ)

GRMN leads on 10 of 15 compared metrics.

A side-by-side comparison of Garmin Ltd. and Block, 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 SQ

growth of $100 · last 9y
GRMN +472.7%SQ +590.0%SQ compounded faster
05001k2k2kStart $10020172019202120232025$573$690
GRMN SQ

GRMN vs SQ: by the numbers

  • SQ is the larger company ($51.73B vs $45.92B market cap).
  • GRMN trades at the lower earnings multiple (26.54 vs 49.81 P/E).
  • GRMN is profitable (23.26% net margin) while SQ runs a net loss (-2.04%).
  • SQ grew revenue faster over the past five years (13.19% vs 11.13% CAGR).
  • GRMN pays a dividend (1.51% yield) while SQ does not currently pay one.

Which is better, GRMN or SQ?

Metric tally: GRMN 10 · SQ 5

It depends on what you're optimizing for:

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

Valuation

MetricGRMNSQ
P/E ratio26.5449.81
Forward P/E24.70
P/S ratio6.172.35
P/B ratio4.972.82
PEG ratio1.34696.22
EV / EBITDA19.2026.61
FCF yield3.15%1.28%

Profitability

MetricGRMNSQ
Gross margin59.14%44.85%
Operating margin26.46%4.93%
Net margin23.26%-2.04%
ROE18.73%-2.30%
ROIC16.71%-12.82%

Dividends

MetricGRMNSQ
Dividend yield1.51%
Payout ratio41.62%

Growth (annualized)

MetricGRMNSQ
Revenue CAGR (5Y)11.13%13.19%
EPS CAGR (5Y)9.55%34.72%
FCF CAGR (5Y)5.80%64.00%
Total return CAGR (5Y)12.86%4.50%

Frequently asked

Which is better, GRMN or SQ?
It depends on your goal. value: GRMN (lower P/E); growth: SQ (faster 5Y revenue CAGR); quality: GRMN (higher ROIC). Across all compared metrics, GRMN leads 10 to 5.
Is GRMN or SQ cheaper?
On trailing earnings, GRMN is cheaper: GRMN trades at a 26.54 P/E and SQ at 49.81.
Which has grown faster, GRMN or SQ?
Over the past five years, SQ grew revenue faster — GRMN at a 11.13% CAGR versus SQ at 13.19%.
Does GRMN or SQ pay a bigger dividend?
GRMN pays a dividend (1.51% yield) while SQ does not currently pay one.
Is GRMN or SQ more profitable?
GRMN runs the higher net margin — GRMN at 23.26% versus SQ at -2.04%.
Which has been the better investment, GRMN or SQ?
Over the past 5-year, GRMN delivered the higher annualized total return — GRMN at 22.01% versus SQ at 4.50%. 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.