Garmin (GRMN) vs Northrop Grumman (NOC)
Head-to-head comparison of performance, valuation, growth, profitability and dividends. Prices delayed 15 minutes; data as of Oct 7, 2026.
Summary
Garmin (GRMN) has outperformed Northrop Grumman (NOC) over the past year, gaining 7.7% versus a loss of 23.8%. Over five years, GRMN leads with a +76.9% price change compared with +19.8% for NOC. Northrop Grumman is the larger company by market cap ($67.26 billion vs $53.26 billion), about 1.3 times the size, while Garmin is growing revenue faster (+15.1% vs +2.2%).
On valuation, Northrop Grumman trades at a lower forward P/E (15.5x vs 24.8x for Garmin). Northrop Grumman offers the higher dividend yield (1.99% vs 1.52%). Garmin converts more of its revenue into profit, with a net margin of 23.0% versus 10.0%.
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 | GRMN | NOC |
|---|---|---|
| Share price | $276.16 | $473.46 |
| Market cap | $53.26B | $67.26B |
| 1-day change | -1.09% | -2.00% |
| YTD return | +36.14% | -16.97% |
| 1-year return | +7.74% | -23.84% |
| 5-year return | +76.88% | +19.75% |
| P/E ratio (TTM) | 28.50 | 15.05 |
| Forward P/E | 24.80 | 15.55 |
| EPS (TTM) | $9.69 | $31.46 |
| Dividend yield | 1.52% | 1.99% |
| Annual dividend | $4.20 | $9.40 |
| Revenue (latest FY) | $7.25B | $41.95B |
| Revenue growth (YoY) | +15.06% | +2.24% |
| Net income (latest FY) | $1.66B | $4.18B |
| Gross margin | 58.74% | — |
| Operating margin | 25.89% | 10.75% |
| Net margin | 22.96% | 9.97% |
| 52-week high | $314.28 | $774.00 |
| 52-week low | $186.67 | $470.06 |
| Distance from 52-week high | -12.13% | -38.83% |
| Analyst consensus | hold | buy |
| Avg. price target upside | +9.36% | +33.92% |
| Average volume | 905.83K | 851.13K |
| Shares outstanding | 192.85M | 142.06M |
| Employees | 23,000 | 95,000 |
| 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 NOC by 31.6 percentage points over the past year.
- Garmin trades at a higher earnings multiple (28.5x vs 15.0x trailing P/E).
- Garmin is more profitable, keeping 23.0 cents of every revenue dollar as net income versus 10.0 cents for Northrop Grumman.
- Garmin grew revenue faster in its latest fiscal year (+15.06% vs +2.24%).
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 Northrop Grumman
NOC stock →Northrop Grumman Corporation operates as an aerospace and defense technology company in the United States, Asia/Pacific, Europe, and internationally. It operates through four segments: Aeronautics Systems, Defense Systems, Mission Systems and Space Systems.
Industrials · Industrial Machinery/Components · 95,000 employees
GRMN vs NOC FAQ
Which is bigger, Garmin or Northrop Grumman?
Northrop Grumman (NOC) is larger, with a market capitalization of $67.26B compared with $53.26B for Garmin (GRMN).
Which stock has performed better over the past year, GRMN or NOC?
GRMN returned +7.74% over the past 12 months, compared with -23.84% for NOC (price return, excluding dividends). Past performance does not predict future results.
Which has the lower P/E ratio, GRMN or NOC?
NOC has the lower trailing P/E at 15.0, versus 28.5 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 Northrop Grumman?
Northrop Grumman has the higher yield at 1.99%, compared with 1.52% for Garmin.
Are Garmin and Northrop Grumman in the same industry?
Yes. Both are classified in the Industrial Machinery/Components industry within the Industrials sector.