AMETEK (AME) vs Garmin (GRMN)
Head-to-head comparison of performance, valuation, growth, profitability and dividends. Prices delayed 15 minutes; data as of Oct 7, 2026.
Summary
AMETEK (AME) has outperformed Garmin (GRMN) over the past year, gaining 37.0% versus a gain of 7.7%. Over five years, AME leads with a +93.7% price change compared with +76.9% for GRMN. AMETEK is the larger company by market cap ($57.00 billion vs $53.26 billion), about 1.1 times the size, while Garmin is growing revenue faster (+15.1% vs +6.6%).
On valuation, Garmin trades at a lower forward P/E (24.8x vs 26.0x for AMETEK). Garmin offers the higher dividend yield (1.52% vs 0.52%). Garmin converts more of its revenue into profit, with a net margin of 23.0% versus 20.0%.
Summary generated from market data by MetaCap's automated system. Methodology
Relative performance
Percent change in share price from the first common trading day shown; excludes dividends.
Head-to-head
| Metric | AME | GRMN |
|---|---|---|
| Share price | $248.62 | $276.16 |
| Market cap | $57.00B | $53.26B |
| 1-day change | -2.01% | -1.09% |
| YTD return | +21.09% | +36.14% |
| 1-year return | +37.04% | +7.74% |
| 5-year return | +93.73% | +76.88% |
| P/E ratio (TTM) | 36.35 | 28.83 |
| Forward P/E | 26.03 | 24.80 |
| EPS (TTM) | $6.84 | $9.58 |
| Dividend yield | 0.52% | 1.52% |
| Annual dividend | $1.30 | $4.20 |
| Revenue (latest FY) | $7.40B | $7.25B |
| Revenue growth (YoY) | +6.63% | +15.06% |
| Net income (latest FY) | $1.48B | $1.66B |
| Gross margin | 36.04% | 58.74% |
| Operating margin | 25.81% | 25.89% |
| Net margin | 20.00% | 22.96% |
| 52-week high | $261.16 | $314.28 |
| 52-week low | $179.24 | $186.67 |
| Distance from 52-week high | -4.80% | -12.13% |
| Analyst consensus | buy | hold |
| Avg. price target upside | +12.73% | +9.36% |
| Average volume | 1.31M | 905.83K |
| Shares outstanding | 229.26M | 192.85M |
| Employees | 22,500 | 23,000 |
| Sector | Industrials | Industrials |
| Industry | Industrial Machinery/Components | Industrial Machinery/Components |
Highlighted cells mark the higher value for growth, returns, margins and yield, and the lower value for P/E ratios. Highlighting is a mechanical comparison, not a recommendation.
Key differences
- AME has outperformed GRMN by 29.3 percentage points over the past year.
- AMETEK trades at a higher earnings multiple (36.3x vs 28.8x trailing P/E).
- Garmin grew revenue faster in its latest fiscal year (+15.06% vs +6.63%).
About AMETEK
AME stock →AMETEK, Inc. manufactures and sells electronic instruments (EIG) and electromechanical (EMG) devices in the United States and internationally.
Industrials · Industrial Machinery/Components · 22,500 employees
About Garmin
GRMN stock →Garmin Ltd. designs, develops, manufactures, markets, and distributes a diverse range of GPS-enabled products and navigation, communications, sensor-based, and information products and services worldwide.
Industrials · Industrial Machinery/Components · 23,000 employees
AME vs GRMN FAQ
Which is bigger, AMETEK or Garmin?
AMETEK (AME) is larger, with a market capitalization of $57.00B compared with $53.26B for Garmin (GRMN).
Which stock has performed better over the past year, AME or GRMN?
AME returned +37.04% over the past 12 months, compared with +7.74% for GRMN (price return, excluding dividends). Past performance does not predict future results.
Which has the lower P/E ratio, AME or GRMN?
GRMN has the lower trailing P/E at 28.8, versus 36.3 for AME. A lower P/E is not by itself a sign of a better investment; it can reflect slower expected growth or higher risk.
Which pays a higher dividend, AMETEK or Garmin?
Garmin has the higher yield at 1.52%, compared with 0.52% for AMETEK.
Are AMETEK and Garmin in the same industry?
Yes. Both are classified in the Industrial Machinery/Components industry within the Industrials sector.