Garmin Ltd. (GRMN) vs Ubiquiti Inc. (UI)

UI leads on 9 of 17 compared metrics, though GRMN is the cheaper stock.

A side-by-side comparison of Garmin Ltd. and Ubiquiti 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 UI

growth of $100 · last 15y
GRMN +596.2%UI +3264.2%UI compounded faster
02k4k6kStart $10020142017202020232026$696$3,364
GRMN UI

GRMN vs UI: by the numbers

  • GRMN is the larger company ($45.92B vs $35.63B market cap).
  • GRMN trades at the lower earnings multiple (26.54 vs 37.84 P/E).
  • UI converts more revenue to profit (30.43% vs 23.26% net margin).
  • UI grew revenue faster over the past five years (12.27% vs 11.13% CAGR).
  • GRMN pays the higher dividend yield (1.51% vs 0.54%).

Which is better, GRMN or UI?

Metric tally: GRMN 8 · UI 9

It depends on what you're optimizing for:

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

Valuation

MetricGRMNUI
P/E ratio26.5437.84
Forward P/E24.7038.60
P/S ratio6.1711.52
P/B ratio4.9729.66
PEG ratio1.340.34
EV / EBITDA19.2031.42
FCF yield3.15%2.10%

Profitability

MetricGRMNUI
Gross margin59.14%46.02%
Operating margin26.46%35.75%
Net margin23.26%30.43%
ROE18.73%78.37%
ROIC16.71%72.62%

Dividends

MetricGRMNUI
Dividend yield1.51%0.54%
Payout ratio41.62%27.19%

Growth (annualized)

MetricGRMNUI
Revenue CAGR (5Y)11.13%12.27%
EPS CAGR (5Y)9.55%15.17%
FCF CAGR (5Y)5.80%6.21%
Total return CAGR (5Y)12.86%14.04%

Frequently asked

Which is better, GRMN or UI?
It depends on your goal. value: GRMN (lower P/E); growth: UI (faster 5Y revenue CAGR); income: GRMN (higher dividend yield); quality: UI (higher ROIC). Across all compared metrics, UI leads 9 to 8.
Is GRMN or UI cheaper?
On trailing earnings, GRMN is cheaper: GRMN trades at a 26.54 P/E and UI at 37.84.
Which has grown faster, GRMN or UI?
Over the past five years, UI grew revenue faster — GRMN at a 11.13% CAGR versus UI at 12.27%.
Does GRMN or UI pay a bigger dividend?
GRMN yields 1.51% and UI yields 0.54% based on trailing dividends and the latest price.
Is GRMN or UI more profitable?
UI runs the higher net margin — GRMN at 23.26% versus UI at 30.43%.
Which has been the better investment, GRMN or UI?
Over the past 10-year, UI delivered the higher annualized total return — GRMN at 22.01% versus UI at 31.86%. 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.