Garmin Ltd. (GRMN) vs. Nike (NKE)
This page compares Garmin Ltd. (GRMN) with Nike (NKE) using historical performance, profitability, financial strength, growth, dividend, and valuation metrics.
Company Profile
Garmin Ltd. (GRMN) and Nike (NKE) both fall under the Consumer Durables & Apparel industry group, but GRMN is classified in Household Durables while NKE is classified in Textiles, Apparel & Luxury Goods.
| Symbol | GRMN | NKE |
|---|---|---|
| Company Name | Garmin Ltd. | NIKE, Inc. |
| Country/Region | Switzerland | United States |
| 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 | Footwear |
| Market Capitalization | 44.10 billion USD | 62.82 billion USD |
| Currency | USD | USD |
| Exchange | NYSE | NYSE |
| Listing Date | December 8, 2000 | December 2, 1980 |
| Security Type | Common Stock | Common Stock |
Historical Performance
Nike (NKE) is heavily traded at around 19.43M shares per day, whereas Garmin Ltd. (GRMN) sees a more moderate 0.91M — larger orders in the latter may require more patience and tighter control over order sizing.
Historical Performance at a Glance
| Symbol | GRMN | NKE |
|---|---|---|
| 5-Day Price Return | -4.25% | 0.19% |
| 13-Week Price Return | 5.66% | -34.56% |
| 26-Week Price Return | 11.92% | -32.83% |
| 52-Week Price Return | 10.53% | -31.67% |
| Month-to-Date Return | -9.66% | -4.37% |
| Year-to-Date Return | 11.85% | -33.42% |
| 10-Day Avg. Volume | 0.79M | 20.84M |
| 3-Month Avg. Volume | 0.91M | 19.43M |
| 3-Month Volatility | 36.60% | 39.63% |
| Beta | 0.95 | 1.13 |
Profitability
Return on Equity (TTM)
Both Garmin Ltd. (GRMN) at 19.93% and Nike (NKE) at 16.41% post Return on Equity (TTM) near their industry mid-ranges, so neither company stands out strongly from peers on this measure.
GRMN
Consumer Durables & Apparel industry group
19.93%
- Max
- 41.36%
- Q3
- 20.17%
- Median
- 10.17%
- Q1
- 0.35%
- Min
- -11.10%
NKE
Consumer Durables & Apparel industry group
16.41%
- Max
- 41.36%
- Q3
- 20.17%
- Median
- 10.17%
- Q1
- 0.35%
- Min
- -11.10%
Net Profit Margin (TTM)
Garmin Ltd. (GRMN) posts Net Profit Margin (TTM) of 23.26%, above its industry benchmark range, while Nike (NKE) at 4.84% sits closer to the industry mid-range.
GRMN
Consumer Durables & Apparel industry group
23.26%
- Max
- 19.35%
- Q3
- 8.78%
- Median
- 5.39%
- Q1
- 0.78%
- Min
- -10.44%
NKE
Consumer Durables & Apparel industry group
4.84%
- Max
- 19.35%
- Q3
- 8.78%
- Median
- 5.39%
- Q1
- 0.78%
- Min
- -10.44%
Operating Profit Margin (TTM)
Garmin Ltd. (GRMN) posts Operating Profit Margin (TTM) of 26.46%, above its industry benchmark range, while Nike (NKE) at 6.03% sits closer to the industry mid-range.
GRMN
Consumer Durables & Apparel industry group
26.46%
- Max
- 19.91%
- Q3
- 11.80%
- Median
- 7.29%
- Q1
- 4.33%
- Min
- -4.83%
NKE
Consumer Durables & Apparel industry group
6.03%
- Max
- 19.91%
- Q3
- 11.80%
- Median
- 7.29%
- Q1
- 4.33%
- Min
- -4.83%
Profitability at a Glance
| Symbol | GRMN | NKE |
|---|---|---|
| Return on Equity (TTM) | 19.93% | 16.41% |
| Return on Assets (TTM) | 16.23% | 6.05% |
| Net Profit Margin (TTM) | 23.26% | 4.84% |
| Operating Profit Margin (TTM) | 26.46% | 6.03% |
| Gross Profit Margin (TTM) | 59.14% | 40.81% |
Financial Strength
Current Ratio (MRQ)
Nike (NKE) at 2.14 keeps Current Ratio (MRQ) within its industry mid-range, while Garmin Ltd. (GRMN) at 4.36 sits above the industry mid-range — comfortable liquidity, though possibly with more idle current assets relative to peers.
GRMN
Consumer Durables & Apparel industry group
4.36
- Max
- 5.39
- Q3
- 3.38
- Median
- 2.24
- Q1
- 1.54
- Min
- 0.78
NKE
Consumer Durables & Apparel industry group
2.14
- Max
- 5.39
- Q3
- 3.38
- Median
- 2.24
- Q1
- 1.54
- Min
- 0.78
Debt-to-Equity Ratio (MRQ)
Garmin Ltd. (GRMN) at 0.00 maintains Debt-to-Equity Ratio (MRQ) in the lower-leverage quartile of industry peers, ahead of Nike (NKE) at 0.57, which sits around the industry mid-range.
GRMN
Consumer Durables & Apparel industry group
0.00
- Max
- 2.79
- Q3
- 1.24
- Median
- 0.48
- Q1
- 0.19
- Min
- 0.00
NKE
Consumer Durables & Apparel industry group
0.57
- Max
- 2.79
- Q3
- 1.24
- Median
- 0.48
- Q1
- 0.19
- Min
- 0.00
Interest Coverage Ratio (TTM)
Garmin Ltd. (GRMN) at 73.26 ranks in the top quartile for Interest Coverage Ratio (TTM), ahead of Nike (NKE) at 48.96, which sits around the industry mid-range.
GRMN
Consumer Durables & Apparel industry group
73.26
- Max
- 140.40
- Q3
- 60.83
- Median
- 10.87
- Q1
- 2.68
- Min
- -47.83
NKE
Consumer Durables & Apparel industry group
48.96
- Max
- 140.40
- Q3
- 60.83
- Median
- 10.87
- Q1
- 2.68
- Min
- -47.83
Financial Strength at a Glance
| Symbol | GRMN | NKE |
|---|---|---|
| Current Ratio (MRQ) | 4.36 | 2.14 |
| Quick Ratio (MRQ) | 2.68 | 1.24 |
| Debt-to-Equity Ratio (MRQ) | 0.00 | 0.57 |
| Interest Coverage Ratio (TTM) | 73.26 | 48.96 |
Growth
Revenue Growth
Revenue Growth at a Glance
| Symbol | GRMN | NKE |
|---|---|---|
| Revenue Growth (MRQ vs Prior YoY) | 14.23% | 0.09% |
| Revenue Growth (TTM vs Prior YoY) | 15.71% | -2.71% |
| 3-Year Revenue CAGR | 14.24% | -0.29% |
| 5-Year Revenue CAGR | 11.59% | 4.36% |
EPS Growth
EPS Growth at a Glance
| Symbol | GRMN | NKE |
|---|---|---|
| EPS Growth (MRQ vs Prior YoY) | 21.82% | -34.55% |
| EPS Growth (TTM vs Prior YoY) | 18.23% | -49.42% |
| 3-Year EPS CAGR | 19.43% | -16.77% |
| 5-Year EPS CAGR | 10.69% | 6.29% |
Dividend
Dividend Yield (TTM)
Nike (NKE) at 3.79% reports Dividend Yield (TTM) in the top quartile of industry peers, ahead of Garmin Ltd. (GRMN) at 1.57%, which sits around the industry mid-range.
GRMN
Consumer Durables & Apparel industry group
1.57%
- Max
- 4.43%
- Q3
- 2.53%
- Median
- 1.07%
- Q1
- 0.00%
- Min
- 0.00%
NKE
Consumer Durables & Apparel industry group
3.79%
- Max
- 4.43%
- Q3
- 2.53%
- Median
- 1.07%
- Q1
- 0.00%
- Min
- 0.00%
Dividend Payout Ratio (TTM)
Nike (NKE) reports an unusual Dividend Payout Ratio (TTM) of 106.18% — outside the typical 0–100% range, indicating either negative earnings (negative ratio) or dividends above current-period earnings (above 100%), both signaling sustainability concerns. Meanwhile Garmin Ltd. (GRMN) reports 39.91%, ranking against industry peers normally.
GRMN
Consumer Durables & Apparel industry group
39.91%
- Max
- 94.64%
- Q3
- 40.03%
- Median
- 12.91%
- Q1
- 0.00%
- Min
- 0.00%
NKE
Consumer Durables & Apparel industry group
106.18%
- Max
- 94.64%
- Q3
- 40.03%
- Median
- 12.91%
- Q1
- 0.00%
- Min
- 0.00%
Dividend at a Glance
| Symbol | GRMN | NKE |
|---|---|---|
| Dividend Yield (TTM) | 1.57% | 3.79% |
| Dividend Payout Ratio (TTM) | 39.91% | 106.18% |
Valuation
Price-to-Earnings Ratio (TTM)
Garmin Ltd. (GRMN) at 25.49 carries typical industry Price-to-Earnings Ratio (TTM), while Nike (NKE) at 27.99 sits in the higher-multiple quartile — NKE carries a higher trailing earnings multiple relative to peers.
GRMN
Consumer Durables & Apparel industry group
25.49
- Max
- 47.72
- Q3
- 26.11
- Median
- 15.59
- Q1
- 11.32
- Min
- 5.47
NKE
Consumer Durables & Apparel industry group
27.99
- Max
- 47.72
- Q3
- 26.11
- Median
- 15.59
- Q1
- 11.32
- Min
- 5.47
Price-to-Sales Ratio (TTM)
Nike (NKE) at 1.35 hovers around the typical industry Price-to-Sales Ratio (TTM), while Garmin Ltd. (GRMN) at 5.93 sits above its industry benchmark range — an elevated trailing revenue multiple for GRMN relative to peers.
GRMN
Consumer Durables & Apparel industry group
5.93
- Max
- 2.92
- Q3
- 1.64
- Median
- 0.98
- Q1
- 0.60
- Min
- 0.17
NKE
Consumer Durables & Apparel industry group
1.35
- Max
- 2.92
- Q3
- 1.64
- Median
- 0.98
- Q1
- 0.60
- Min
- 0.17
Price-to-Book Ratio (MRQ)
Garmin Ltd. (GRMN) at 4.69 carries typical industry Price-to-Book Ratio (MRQ), while Nike (NKE) at 6.41 sits in the higher-multiple quartile — NKE carries a higher book-value multiple relative to peers.
GRMN
Consumer Durables & Apparel industry group
4.69
- Max
- 7.50
- Q3
- 4.75
- Median
- 2.37
- Q1
- 1.17
- Min
- 0.44
NKE
Consumer Durables & Apparel industry group
6.41
- Max
- 7.50
- Q3
- 4.75
- Median
- 2.37
- Q1
- 1.17
- Min
- 0.44
Valuation at a Glance
| Symbol | GRMN | NKE |
|---|---|---|
| Price-to-Earnings Ratio (TTM) | 25.49 | 27.99 |
| Price-to-Sales Ratio (TTM) | 5.93 | 1.35 |
| Price-to-Book Ratio (MRQ) | 4.69 | 6.41 |
| Price-to-Free Cash Flow Ratio (TTM) | 30.49 | 60.10 |