Garmin (GRMN) vs Teledyne Technologies (TDY)
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 Teledyne Technologies (TDY) over the past year, gaining 7.7% versus a gain of 2.6%. Over five years, GRMN leads with a +76.9% price change compared with +40.7% for TDY. Garmin is the larger company by market cap ($51.55 billion vs $27.97 billion), about 1.8 times the size.
On valuation, Teledyne Technologies trades at a lower forward P/E (22.5x vs 24.0x for Garmin). Garmin pays a dividend yielding 1.57%, while Teledyne Technologies does not currently pay one. Garmin converts more of its revenue into profit, with a net margin of 23.0% versus 14.6%.
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 | TDY |
|---|---|---|
| Share price | $267.28 | $603.28 |
| Market cap | $51.55B | $27.97B |
| 1-day change | -3.22% | -0.14% |
| YTD return | +36.14% | +18.29% |
| 1-year return | +7.74% | +2.65% |
| 5-year return | +76.88% | +40.70% |
| P/E ratio (TTM) | 27.58 | 29.19 |
| Forward P/E | 24.01 | 22.52 |
| EPS (TTM) | $9.69 | $20.67 |
| Dividend yield | 1.57% | 0.00% |
| Annual dividend | $4.20 | $0.00 |
| Revenue (latest FY) | $7.25B | $6.12B |
| Revenue growth (YoY) | +15.06% | +7.86% |
| Net income (latest FY) | $1.66B | $894.80M |
| Gross margin | 58.74% | 42.76% |
| Operating margin | 25.89% | 18.80% |
| Net margin | 22.96% | 14.63% |
| 52-week high | $314.28 | $697.67 |
| 52-week low | $186.67 | $483.02 |
| Distance from 52-week high | -14.95% | -13.53% |
| Analyst consensus | hold | buy |
| Avg. price target upside | +12.99% | +25.66% |
| Average volume | 902.38K | 322.16K |
| Shares outstanding | 192.85M | 46.36M |
| Employees | 23,000 | 15,800 |
| 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 offers a meaningfully higher dividend yield (1.57% vs 0.00%).
- Garmin is more profitable, keeping 23.0 cents of every revenue dollar as net income versus 14.6 cents for Teledyne Technologies.
- Garmin grew revenue faster in its latest fiscal year (+15.06% vs +7.86%).
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 Teledyne Technologies
TDY stock →Teledyne Technologies Incorporated provides enabling technologies for industrial growth markets in the United States, Europe, Asia, and internationally. The Digital Imaging segment provides visible spectrum sensors and digital cameras; and infrared, ultraviolet, visible, and X-ray spectrum products, as well as micro-electromechanical systems and semiconductors, such as analog-to-digital and digital-to-analog converters.
Industrials · Industrial Machinery/Components · 15,800 employees
GRMN vs TDY FAQ
Which is bigger, Garmin or Teledyne Technologies?
Garmin (GRMN) is larger, with a market capitalization of $51.55B compared with $27.97B for Teledyne Technologies (TDY).
Which stock has performed better over the past year, GRMN or TDY?
GRMN returned +7.74% over the past 12 months, compared with +2.65% for TDY (price return, excluding dividends). Past performance does not predict future results.
Which has the lower P/E ratio, GRMN or TDY?
GRMN has the lower trailing P/E at 27.6, versus 29.2 for TDY. 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 Teledyne Technologies?
Garmin pays a dividend yielding 1.57%, while Teledyne Technologies does not currently pay a regular dividend.
Are Garmin and Teledyne Technologies in the same industry?
Yes. Both are classified in the Industrial Machinery/Components industry within the Industrials sector.