Garmin (GRMN) vs L3Harris Technologies (LHX)
Head-to-head comparison of performance, valuation, growth, profitability and dividends. Prices delayed 15 minutes; data as of Oct 8, 2026.
Summary
Garmin (GRMN) has outperformed L3Harris Technologies (LHX) over the past year, gaining 7.7% versus a loss of 22.5%. Over five years, GRMN leads with a +76.9% price change compared with -2.3% for LHX. Garmin is the larger company by market cap ($51.19 billion vs $43.70 billion), about 1.2 times the size.
On valuation, L3Harris Technologies trades at a lower forward P/E (17.3x vs 23.8x for Garmin). L3Harris Technologies offers the higher dividend yield (2.09% vs 1.58%).
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 | LHX |
|---|---|---|
| Share price | $265.42 | $234.68 |
| Market cap | $51.19B | $43.70B |
| 1-day change | -3.89% | +0.45% |
| YTD return | +36.14% | -20.42% |
| 1-year return | +7.74% | -22.49% |
| 5-year return | +76.88% | -2.28% |
| P/E ratio (TTM) | 27.39 | 23.66 |
| Forward P/E | 23.84 | 17.31 |
| EPS (TTM) | $9.69 | $9.92 |
| Dividend yield | 1.58% | 2.09% |
| Annual dividend | $4.20 | $4.90 |
| Revenue (latest FY) | $7.25B | — |
| Revenue growth (YoY) | +15.06% | — |
| Net income (latest FY) | $1.66B | $1.61B |
| Gross margin | 58.74% | — |
| Operating margin | 25.89% | — |
| Net margin | 22.96% | — |
| 52-week high | $314.28 | $379.23 |
| 52-week low | $186.67 | $232.34 |
| Distance from 52-week high | -15.55% | -38.12% |
| Analyst consensus | hold | buy |
| Avg. price target upside | +13.78% | +40.99% |
| Average volume | 902.38K | 1.56M |
| Shares outstanding | 192.85M | 186.21M |
| Employees | 23,000 | 45,000 |
| 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
- GRMN has outperformed LHX by 30.2 percentage points over the past year.
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 L3Harris Technologies
LHX stock →L3Harris Technologies, Inc. provides mission-critical solutions for government and commercial customers worldwide.
Industrials · Industrial Machinery/Components · 45,000 employees
GRMN vs LHX FAQ
Which is bigger, Garmin or L3Harris Technologies?
Garmin (GRMN) is larger, with a market capitalization of $51.19B compared with $43.70B for L3Harris Technologies (LHX).
Which stock has performed better over the past year, GRMN or LHX?
GRMN returned +7.74% over the past 12 months, compared with -22.49% for LHX (price return, excluding dividends). Past performance does not predict future results.
Which has the lower P/E ratio, GRMN or LHX?
LHX has the lower trailing P/E at 23.7, versus 27.4 for GRMN. 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 L3Harris Technologies?
L3Harris Technologies has the higher yield at 2.09%, compared with 1.58% for Garmin.
Are Garmin and L3Harris Technologies in the same industry?
Yes. Both are classified in the Industrial Machinery/Components industry within the Industrials sector.