Garmin (GRMN) vs MKS (MKSI)
Head-to-head comparison of performance, valuation, growth, profitability and dividends. Prices delayed 15 minutes; data as of Oct 9, 2026.
Summary
MKS (MKSI) has outperformed Garmin (GRMN) over the past year, gaining 97.0% versus a gain of 4.6%. Over five years, MKSI leads with a +82.8% price change compared with +71.9% for GRMN. Garmin is the larger company by market cap ($51.75 billion vs $17.88 billion), about 2.9 times the size.
On valuation, MKS trades at a lower forward P/E (15.1x vs 24.1x for Garmin). Garmin offers the higher dividend yield (1.57% vs 0.36%). Garmin converts more of its revenue into profit, with a net margin of 23.0% versus 7.5%.
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 | MKSI |
|---|---|---|
| Share price | $268.36 | $264.50 |
| Market cap | $51.75B | $17.88B |
| 1-day change | -0.03% | +1.58% |
| YTD return | +32.29% | +65.52% |
| 1-year return | +4.62% | +97.01% |
| 5-year return | +71.93% | +82.83% |
| P/E ratio (TTM) | 27.69 | 41.39 |
| Forward P/E | 24.10 | 15.07 |
| EPS (TTM) | $9.69 | $6.39 |
| Dividend yield | 1.57% | 0.36% |
| Annual dividend | $4.20 | $0.94 |
| Revenue (latest FY) | $7.25B | $3.93B |
| Revenue growth (YoY) | +15.06% | +9.62% |
| Net income (latest FY) | $1.66B | $295.00M |
| Gross margin | 58.74% | 46.73% |
| Operating margin | 25.89% | 13.43% |
| Net margin | 22.96% | 7.50% |
| 52-week high | $314.28 | $447.62 |
| 52-week low | $186.67 | $126.92 |
| Distance from 52-week high | -14.61% | -40.91% |
| Analyst consensus | hold | none |
| Avg. price target upside | +12.54% | +55.33% |
| Average volume | 909.97K | 1.34M |
| Shares outstanding | 192.85M | 67.62M |
| Employees | 23,000 | 10,200 |
| 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
- Garmin is about 2.9 times larger than MKS by market value ($51.75B vs $17.88B).
- MKSI has outperformed GRMN by 92.4 percentage points over the past year.
- MKS trades at a higher earnings multiple (41.4x vs 27.7x trailing P/E).
- Garmin offers a meaningfully higher dividend yield (1.57% vs 0.36%).
- Garmin is more profitable, keeping 23.0 cents of every revenue dollar as net income versus 7.5 cents for MKS.
- Garmin grew revenue faster in its latest fiscal year (+15.06% vs +9.62%).
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 MKS
MKSI stock →MKS Inc. provides foundational technology solutions to semiconductor manufacturing, electronics and packaging, and specialty industrial applications in the United States, China, South Korea, Japan, Taiwan, Singapore, and internationally.
Industrials · Industrial Machinery/Components · 10,200 employees
GRMN vs MKSI FAQ
Which is bigger, Garmin or MKS?
Garmin (GRMN) is larger, with a market capitalization of $51.75B compared with $17.88B for MKS (MKSI).
Which stock has performed better over the past year, GRMN or MKSI?
MKSI returned +97.01% over the past 12 months, compared with +4.62% for GRMN (price return, excluding dividends). Past performance does not predict future results.
Which has the lower P/E ratio, GRMN or MKSI?
GRMN has the lower trailing P/E at 27.7, versus 41.4 for MKSI. 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 MKS?
Garmin has the higher yield at 1.57%, compared with 0.36% for MKS.
Are Garmin and MKS in the same industry?
Yes. Both are classified in the Industrial Machinery/Components industry within the Industrials sector.