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 9yGRMN +472.7%SQ +590.0%SQ compounded faster
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 5It depends on what you're optimizing for:
ValueGRMN(lower P/E)
GrowthSQ(faster 5Y revenue CAGR)
QualityGRMN(higher ROIC)
Valuation
| Metric | GRMN | SQ |
|---|---|---|
| P/E ratio | 26.54● | 49.81 |
| Forward P/E | 24.70 | — |
| P/S ratio | 6.17 | 2.35● |
| P/B ratio | 4.97 | 2.82● |
| PEG ratio | 1.34● | 696.22 |
| EV / EBITDA | 19.20● | 26.61 |
| FCF yield | 3.15%● | 1.28% |
Profitability
| Metric | GRMN | SQ |
|---|---|---|
| Gross margin | 59.14%● | 44.85% |
| Operating margin | 26.46%● | 4.93% |
| Net margin | 23.26%● | -2.04% |
| ROE | 18.73%● | -2.30% |
| ROIC | 16.71%● | -12.82% |
Dividends
| Metric | GRMN | SQ |
|---|---|---|
| Dividend yield | 1.51% | — |
| Payout ratio | 41.62% | — |
Growth (annualized)
| Metric | GRMN | SQ |
|---|---|---|
| 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.
Go deeper
Dig into the metrics
Garmin P/E ratioBlock P/E ratioGarmin dividend yieldBlock dividend yieldGarmin ROEBlock ROEGarmin operating marginBlock operating marginGarmin revenue growthBlock revenue growthGarmin free cash flowBlock free cash flow
Garmin & Block 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.