GRMN vs. LULU: Garmin vs. lululemon athletica Stock Comparison

September 7, 2026

How do Garmin (GRMN) and lululemon athletica (LULU) stack up? This page sets them side by side across company profile, performance and risk, profitability, growth, financial strength, dividends, and valuation, with selected fundamentals also measured against each stock's industry-group peers.

Company Profile

Garmin (GRMN) and lululemon athletica (LULU) both fall under the Consumer Durables & Apparel industry group, but GRMN is classified in Household Durables while LULU is classified in Textiles, Apparel & Luxury Goods.

Company profile comparison for Garmin (GRMN) and lululemon athletica (LULU)
Profile Item	GRMN	LULU
Name	Garmin Ltd.	lululemon athletica inc.
Country/Region	Switzerland	Canada
GICS Sector	Consumer Discretionary	Consumer Discretionary
GICS Industry Group	Consumer Durables & Apparel	Consumer Durables & Apparel
GICS Industry	Household Durables	Textiles, Apparel & Luxury Goods
GICS Sub-Industry	Consumer Electronics	Apparel, Accessories & Luxury Goods
Market Capitalization	53.43 billion USD	11.14 billion USD
Currency	USD	USD
Exchange	NYSE	Nasdaq
Listing Date	December 8, 2000	July 27, 2007
Security Type	Common Stock	Common Stock

Price Performance

Cumulative Growth

GRMN

LULU

GSPC

Garmin (GRMN) vs. lululemon athletica (LULU), with S&P 500 (GSPC) for reference: Growth of a $10,000 investment over the past five years. Adjusted for dividends and splits.

Trailing Returns

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Trailing total returns for Garmin (GRMN) and lululemon athletica (LULU). Returns over one year are annualized.

Calendar-Year Returns

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Calendar-year total returns for Garmin (GRMN) and lululemon athletica (LULU). Each bar is that year's total return, measured year-end to year-end.

Performance Metrics

Price performance metrics for Garmin (GRMN) and lululemon athletica (LULU)
Metric	GRMN	LULU
Total Return (1Y)	18.48%	-51.18%
Total Return (3Y, Annualized)	40.24%	-37.10%
Total Return (5Y, Annualized)	11.86%	-23.67%

Risk Profile

Drawdown History

GRMN

LULU

GSPC

Garmin (GRMN) vs. lululemon athletica (LULU), with S&P 500 (GSPC) for reference: Drawdown from the running peak over the past five years. Each line shows the decline from its prior peak; 0% marks a new high.

Return Distribution

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Distribution of monthly total returns for Garmin (GRMN) and lululemon athletica (LULU). Each bar is the share of months whose return fell in that 5% bucket.

Risk Metrics

Risk profile metrics for Garmin (GRMN) and lululemon athletica (LULU)
Metric	GRMN	LULU
Volatility (1Y, Annualized)	34.03%	48.40%
Beta (5Y)	0.82	0.91
Max Drawdown (5Y)	-53.62%	-80.32%
Avg. Volume (3M)	921.10K	4.30M

Risk-Adjusted Performance

Risk-Return Positioning

GRMN and LULU are plotted by 1-year volatility (risk) and 1-year return. The dashed Capital Allocation Line runs from the risk-free rate through the shared industry median.

Risk-Adjusted Metrics

Risk-adjusted metrics for Garmin (GRMN) and lululemon athletica (LULU)
Metric	GRMN	LULU
Sharpe Ratio (1Y)	0.42	-1.14
Sortino Ratio (1Y)	0.68	-1.38

Profitability

ROE (TTM)

lululemon athletica (LULU) at 30.90% sits in the top ROE quartile, while Garmin (GRMN) at 21.89% is closer to the peer norm — stronger capital efficiency for LULU.

GRMN

Consumer Durables & Apparel industry group

21.89%

Max: 49.52%
Q3: 23.50%
GRMN: 21.89%
Median: 12.27%
Q1: 5.29%
Min: -8.59%

LULU

Consumer Durables & Apparel industry group

30.90%

Max: 49.52%
LULU: 30.90%
Q3: 23.50%
Median: 12.27%
Q1: 5.29%
Min: -8.59%

Garmin (GRMN) vs. lululemon athletica (LULU): A comparison of their ROE against the Consumer Durables & Apparel industry group benchmark.

Net Margin (TTM)

Garmin (GRMN) at 24.47% keeps the most of each sales dollar — above its industry’s net margin range — and lululemon athletica (LULU) at 12.78% also retains a top-quartile share.

GRMN

Consumer Durables & Apparel industry group

24.47%

GRMN: 24.47%
Max: 19.09%
Q3: 9.28%
Median: 5.63%
Q1: 1.90%
Min: -7.09%

LULU

Consumer Durables & Apparel industry group

12.78%

Max: 19.09%
LULU: 12.78%
Q3: 9.28%
Median: 5.63%
Q1: 1.90%
Min: -7.09%

Garmin (GRMN) vs. lululemon athletica (LULU): A comparison of their net margin against the Consumer Durables & Apparel industry group benchmark.

Operating Margin (TTM)

Garmin (GRMN) at 30.44% operates in the top operating margin quartile, ahead of lululemon athletica (LULU) at 13.21%, which runs around its industry’s norm.

GRMN

Consumer Durables & Apparel industry group

30.44%

GRMN: 30.44%
Max: 30.44%
Q3: 14.61%
Median: 8.63%
Q1: 3.30%
Min: -5.53%

LULU

Consumer Durables & Apparel industry group

13.21%

Max: 30.44%
Q3: 14.61%
LULU: 13.21%
Median: 8.63%
Q1: 3.30%
Min: -5.53%

Garmin (GRMN) vs. lululemon athletica (LULU): A comparison of their operating margin against the Consumer Durables & Apparel industry group benchmark.

Profitability Metrics

Profitability metrics for Garmin (GRMN) and lululemon athletica (LULU)
Metric	GRMN	LULU
ROE (TTM)	21.89%	30.90%
ROA (TTM)	12.17%	14.40%
Net Margin (TTM)	24.47%	12.78%
Operating Margin (TTM)	30.44%	13.21%
Gross Margin (TTM)	60.08%	54.90%

Growth

Revenue Growth

Garmin (GRMN) at 15.06% sits in the top revenue growth quartile, while lululemon athletica (LULU) at 4.86% is closer to the peer norm — faster top-line expansion for GRMN.

Garmin (GRMN) vs. lululemon athletica (LULU): A comparison of their Revenue Growth across different time periods.

EPS Growth

Garmin (GRMN) at 17.67% sits in the top EPS growth quartile, while lululemon athletica (LULU) at -9.43% is closer to the peer norm — faster per-share earnings growth for GRMN.

Garmin (GRMN) vs. lululemon athletica (LULU): A comparison of their EPS Growth across different time periods.

Growth Metrics

Growth metrics for Garmin (GRMN) and lululemon athletica (LULU)
Metric	GRMN	LULU
Revenue Growth (YoY)	15.06%	4.86%
Revenue Growth (3Y CAGR)	14.24%	11.03%
EPS Growth (YoY)	17.67%	-9.43%
EPS Growth (3Y CAGR)	19.45%	25.68%

Financial Strength

Current Ratio (MRQ)

Both Garmin (GRMN) at 3.03 and lululemon athletica (LULU) at 2.19 carry current ratio within their industries’ typical mid-ranges, suggesting balanced short-term liquidity relative to peers.

GRMN

Consumer Durables & Apparel industry group

3.03

Max: 6.01
Q3: 3.70
GRMN: 3.03
Median: 2.16
Q1: 1.66
Min: 0.57

LULU

Consumer Durables & Apparel industry group

2.19

Max: 6.01
Q3: 3.70
LULU: 2.19
Median: 2.16
Q1: 1.66
Min: 0.57

Garmin (GRMN) vs. lululemon athletica (LULU): A comparison of their current ratio against the Consumer Durables & Apparel industry group benchmark.

Debt / Equity (MRQ)

Garmin (GRMN) at 0.03 keeps leverage in the lower industry quartile, while lululemon athletica (LULU) at 0.45 runs a more typical debt-to-equity mix.

GRMN

Consumer Durables & Apparel industry group

0.03

Max: 2.45
Q3: 1.25
Median: 0.53
Q1: 0.26
GRMN: 0.03
Min: 0.00

LULU

Consumer Durables & Apparel industry group

0.45

Max: 2.45
Q3: 1.25
Median: 0.53
LULU: 0.45
Q1: 0.26
Min: 0.00

Garmin (GRMN) vs. lululemon athletica (LULU): A comparison of their debt-to-equity ratio against the Consumer Durables & Apparel industry group benchmark.

Financial Strength Metrics

Financial strength metrics for Garmin (GRMN) and lululemon athletica (LULU)
Metric	GRMN	LULU
Current Ratio (MRQ)	3.03	2.19
Debt / Equity (MRQ)	0.03	0.45
Net Debt / EBITDA	-1.06	0.32

Dividends

Dividend Yield (TTM)

lululemon athletica (LULU) pays no dividend (yield 0.00%) — it may be reinvesting, using buybacks, or simply not returning cash through dividends. Meanwhile Garmin (GRMN) reports a yield of 1.52%, ranking against industry peers normally.

GRMN

Consumer Durables & Apparel industry group

1.52%

Max: 4.61%
Q3: 2.37%
GRMN: 1.52%
Median: 0.76%
Q1: 0.00%
Min: 0.00%

LULU

Consumer Durables & Apparel industry group

0.00%

Max: 4.61%
Q3: 2.37%
Median: 0.76%
LULU: 0.00%
Q1: 0.00%
Min: 0.00%

Garmin (GRMN) vs. lululemon athletica (LULU): A comparison of their dividend yield against the Consumer Durables & Apparel industry group benchmark.

Dividend Payout Ratio (TTM)

lululemon athletica (LULU) pays no dividend (payout 0.00%) — it may be reinvesting, using buybacks, or simply not returning cash through dividends. Meanwhile Garmin (GRMN) reports a payout of 38.70%, ranking against industry peers normally.

GRMN

Consumer Durables & Apparel industry group

38.70%

Max: 100.00%
Q3: 40.00%
GRMN: 38.70%
Median: 10.83%
Q1: 0.00%
Min: 0.00%

LULU

Consumer Durables & Apparel industry group

0.00%

Max: 100.00%
Q3: 40.00%
Median: 10.83%
LULU: 0.00%
Q1: 0.00%
Min: 0.00%

Garmin (GRMN) vs. lululemon athletica (LULU): A comparison of their payout ratio against the Consumer Durables & Apparel industry group benchmark.

Dividend Metrics

Dividend metrics for Garmin (GRMN) and lululemon athletica (LULU)
Metric	GRMN	LULU
Dividend Yield (TTM)	1.52%	0.00%
Dividend Payout Ratio (TTM)	38.70%	0.00%

Valuation

P/E Ratio (TTM)

lululemon athletica (LULU) at 8.28 sits in the cheaper P/E ratio quartile, while Garmin (GRMN) at 28.56 sits in the richer quartile — a clear split in what investors pay for each dollar of trailing earnings.

GRMN

Consumer Durables & Apparel industry group

28.56

Max: 43.70
GRMN: 28.56
Q3: 25.40
Median: 17.03
Q1: 13.13
Min: 6.26

LULU

Consumer Durables & Apparel industry group

8.28

Max: 43.70
Q3: 25.40
Median: 17.03
Q1: 13.13
LULU: 8.28
Min: 6.26

Garmin (GRMN) vs. lululemon athletica (LULU): A comparison of their P/E ratio against the Consumer Durables & Apparel industry group benchmark.

P/S Ratio (TTM)

lululemon athletica (LULU) at 1.00 prices around its industry’s typical P/S ratio, while Garmin (GRMN) at 6.96 clears its benchmark range — GRMN looks notably rich on sales.

GRMN

Consumer Durables & Apparel industry group

6.96

GRMN: 6.96
Max: 3.53
Q3: 1.81
Median: 0.97
Q1: 0.52
Min: 0.01

LULU

Consumer Durables & Apparel industry group

1.00

Max: 3.53
Q3: 1.81
LULU: 1.00
Median: 0.97
Q1: 0.52
Min: 0.01

Garmin (GRMN) vs. lululemon athletica (LULU): A comparison of their P/S ratio against the Consumer Durables & Apparel industry group benchmark.

P/B Ratio (MRQ)

lululemon athletica (LULU) at 2.39 is valued about in line with its industry on P/B ratio, while Garmin (GRMN) at 5.92 carries an above-peer premium to book — GRMN is pricier on assets.

GRMN

Consumer Durables & Apparel industry group

5.92

Max: 7.69
GRMN: 5.92
Q3: 3.95
Median: 2.08
Q1: 1.13
Min: 0.60

LULU

Consumer Durables & Apparel industry group

2.39

Max: 7.69
Q3: 3.95
LULU: 2.39
Median: 2.08
Q1: 1.13
Min: 0.60

Garmin (GRMN) vs. lululemon athletica (LULU): A comparison of their P/B ratio against the Consumer Durables & Apparel industry group benchmark.

Valuation Metrics

Valuation metrics for Garmin (GRMN) and lululemon athletica (LULU)
Metric	GRMN	LULU
P/E Ratio (TTM)	28.56	8.28
P/S Ratio (TTM)	6.96	1.00
P/B Ratio (MRQ)	5.92	2.39
Free Cash Flow Yield (TTM)	1.95%	10.31%