Garmin Ltd. (GRMN) vs Teradyne, Inc. (TER)

GRMN leads on 12 of 15 compared metrics.

A side-by-side comparison of Garmin Ltd. and Teradyne, Inc. across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of July 16, 2026. The ● marks the stronger figure on each row (cheaper multiple, higher margin/return).

Compare

Total returnGRMN vs TER

growth of $100 · dividends reinvested · last 26y
GRMN +4677.1%TER +905.2%GRMN compounded faster
01k2k3k4k5kStart $10020052010201520202025$4,777$1,005
GRMN TER

GRMN vs TER: by the numbers

  • TER is the larger company ($50.45B vs $48.39B market cap).
  • GRMN trades at the lower earnings multiple (26.95 vs 63.36 P/E).
  • GRMN converts more revenue to profit (23.26% vs 22.55% net margin).
  • GRMN grew revenue faster over the past five years (11.13% vs 3.76% CAGR).
  • GRMN pays the higher dividend yield (1.55% vs 0.15%).

Which is better, GRMN or TER?

Metric tally: GRMN 12 · TER 3

It depends on what you're optimizing for:

ValueGRMN(lower P/E)
GrowthGRMN(faster 5Y revenue CAGR)
IncomeGRMN(higher dividend yield)
QualityTER(higher ROIC)

Metrics side by side

Valuation

MetricGRMNTER
P/E ratio26.9563.36
Forward P/E25.0745.88
P/S ratio6.2714.24
P/B ratio5.0517.15
PEG ratio1.3423.64
EV / EBITDA20.6248.08
FCF yield3.10%1.03%

Profitability

MetricGRMNTER
Gross margin59.14%58.79%
Operating margin26.46%26.92%
Net margin23.26%22.55%
ROE18.73%27.17%
ROIC16.71%18.45%

Dividends

MetricGRMNTER
Dividend yield1.55%0.15%
Payout ratio43.35%14.33%

Growth (annualized)

MetricGRMNTER
Revenue CAGR (5Y)11.13%3.76%
EPS CAGR (5Y)9.55%-5.86%
FCF CAGR (5Y)5.80%-3.97%
Total return CAGR (5Y)13.09%22.41%

Frequently asked

Which is better, GRMN or TER?
It depends on your goal. value: GRMN (lower P/E); growth: GRMN (faster 5Y revenue CAGR); income: GRMN (higher dividend yield); quality: TER (higher ROIC). Across all compared metrics, GRMN leads 12 to 3.
Is GRMN or TER cheaper?
On trailing earnings, GRMN is cheaper: GRMN trades at a 26.95 P/E and TER at 63.36.
Which has grown faster, GRMN or TER?
Over the past five years, GRMN grew revenue faster — GRMN at a 11.13% CAGR versus TER at 3.76%.
Does GRMN or TER pay a bigger dividend?
GRMN yields 1.55% and TER yields 0.15% based on trailing dividends and the latest price.
Is GRMN or TER more profitable?
GRMN runs the higher net margin — GRMN at 23.26% versus TER at 22.55%.
Which has been the better investment, GRMN or TER?
Over the past 10-year, TER delivered the higher annualized total return — GRMN at 21.73% versus TER at 32.30%. 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 July 16, 2026.