Garmin (GRMN) vs Keysight Technologies (KEYS)
Head-to-head comparison of performance, valuation, growth, profitability and dividends. Prices delayed 15 minutes; data as of Oct 7, 2026.
Summary
Keysight Technologies (KEYS) has outperformed Garmin (GRMN) over the past year, gaining 124.3% versus a gain of 7.7%. Over five years, KEYS leads with a +126.1% price change compared with +76.9% for GRMN. Keysight Technologies is the larger company by market cap ($64.93 billion vs $53.26 billion), about 1.2 times the size, while Garmin is growing revenue faster (+15.1% vs +8.0%).
On valuation, Garmin trades at a lower forward P/E (24.8x vs 27.5x for Keysight Technologies). Garmin pays a dividend yielding 1.52%, while Keysight Technologies does not currently pay one. Garmin converts more of its revenue into profit, with a net margin of 23.0% versus 15.8%.
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 | GRMN | KEYS |
|---|---|---|
| Share price | $276.16 | $381.42 |
| Market cap | $53.26B | $64.93B |
| 1-day change | -1.09% | -1.70% |
| YTD return | +36.14% | +87.72% |
| 1-year return | +7.74% | +124.27% |
| 5-year return | +76.88% | +126.08% |
| P/E ratio (TTM) | 28.50 | 51.61 |
| Forward P/E | 24.80 | 27.50 |
| EPS (TTM) | $9.69 | $7.39 |
| Dividend yield | 1.52% | 0.00% |
| Annual dividend | $4.20 | $0.00 |
| Revenue (latest FY) | $7.25B | $5.38B |
| Revenue growth (YoY) | +15.06% | +7.95% |
| Net income (latest FY) | $1.66B | $850.00M |
| Gross margin | 58.74% | 62.08% |
| Operating margin | 25.89% | 16.30% |
| Net margin | 22.96% | 15.81% |
| 52-week high | $314.28 | $389.93 |
| 52-week low | $186.67 | $158.79 |
| Distance from 52-week high | -12.13% | -2.18% |
| Analyst consensus | hold | buy |
| Avg. price target upside | +9.36% | +9.59% |
| Average volume | 902.73K | 1.23M |
| Shares outstanding | 192.85M | 170.24M |
| Employees | 23,000 | 16,600 |
| 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
- KEYS has outperformed GRMN by 116.5 percentage points over the past year.
- Keysight Technologies trades at a higher earnings multiple (51.6x vs 28.5x trailing P/E).
- Garmin offers a meaningfully higher dividend yield (1.52% vs 0.00%).
- Garmin is more profitable, keeping 23.0 cents of every revenue dollar as net income versus 15.8 cents for Keysight Technologies.
- Garmin grew revenue faster in its latest fiscal year (+15.06% vs +7.95%).
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
About Keysight Technologies
KEYS stock →Keysight Technologies, Inc. provides electronic design and test solutions worldwide.
Industrials · Industrial Machinery/Components · 16,600 employees
GRMN vs KEYS FAQ
Which is bigger, Garmin or Keysight Technologies?
Keysight Technologies (KEYS) is larger, with a market capitalization of $64.93B compared with $53.26B for Garmin (GRMN).
Which stock has performed better over the past year, GRMN or KEYS?
KEYS returned +124.27% 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, GRMN or KEYS?
GRMN has the lower trailing P/E at 28.5, versus 51.6 for KEYS. 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, Garmin or Keysight Technologies?
Garmin pays a dividend yielding 1.52%, while Keysight Technologies does not currently pay a regular dividend.
Are Garmin and Keysight Technologies in the same industry?
Yes. Both are classified in the Industrial Machinery/Components industry within the Industrials sector.