FAST vs. GRMN
FAST (Fastenal Company) and GRMN (Garmin Ltd.) are both stocks. FAST operates in Industrial Distribution (Industrials), while GRMN operates in Scientific & Technical Instruments (Technology). Over the past 10 years, FAST returned 19.18%/yr vs 21.12%/yr for GRMN. At a 0.40 correlation, their price movements are largely independent.
Performance
FAST vs. GRMN - Performance Comparison
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Returns By Period
In the year-to-date period, FAST achieves a 18.45% return, which is significantly lower than GRMN's 20.80% return. Over the past 10 years, FAST has underperformed GRMN with an annualized return of 19.18%, while GRMN has yielded a comparatively higher 21.12% annualized return.
FAST
- 1D
- 1.89%
- 1M
- 1.64%
- 6M
- 8.30%
- YTD
- 18.45%
- 1Y
- 0.16%
- 3Y*
- 19.93%
- 5Y*
- 14.18%
- 10Y*
- 19.18%
- ALL TIME*
- 18.76%
GRMN
- 1D
- 1.22%
- 1M
- 1.25%
- 6M
- 18.85%
- YTD
- 20.80%
- 1Y
- 6.61%
- 3Y*
- 34.06%
- 5Y*
- 11.91%
- 10Y*
- 21.12%
- ALL TIME*
- 16.29%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
FAST Fastenal Company | $447.17M | $416.71M | $343.78M |
GRMN Garmin Ltd. | $211.14M | $200.14M | $201.29M |
FAST vs. GRMN - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
FAST Fastenal Company | 18.45% | 13.98% | 13.53% | 41.31% | -24.34% | 34.06% | 36.60% | 45.08% | -1.61% | 19.66% |
GRMN Garmin Ltd. | 20.80% | -0.06% | 63.25% | 43.12% | -30.20% | 15.90% | 25.86% | 58.13% | 9.84% | 27.60% |
Correlation
The correlation between FAST and GRMN is 0.32, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.32 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.40 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.49 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.46 |
Correlation (All Time) Calculated using the full available price history since Dec 12, 2000 | 0.40 |
The correlation between FAST and GRMN shifts across timeframes, from 0.32 (1 year) to 0.49 (5 years), reflecting how their relationship changes across market environments.
Fundamentals
FAST:
$53.96B
GRMN:
$46.88B
FAST:
$1.18
GRMN:
$8.97
FAST:
40.01
GRMN:
27.10
FAST:
4.70
GRMN:
2.18
FAST:
6.18
GRMN:
6.30
FAST:
13.29
GRMN:
5.07
FAST:
$8.75B
GRMN:
$7.46B
FAST:
$3.91B
GRMN:
$4.41B
FAST:
$1.91B
GRMN:
$2.26B
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Return for Risk
FAST vs. GRMN — Risk / Return Rank
FAST
GRMN
FAST vs. GRMN - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Fastenal Company (FAST) and Garmin Ltd. (GRMN). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| FAST | GRMN | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.21 | ||
| Sortino ratioReturn per unit of downside risk | -0.32 | ||
| Omega ratioGain probability vs. loss probability | 1.02 | 1.07 | -0.05 |
| Calmar ratioReturn relative to maximum drawdown | 0.01 | 0.24 | -0.23 |
| Martin ratioReturn relative to average drawdown | 0.01 | 0.50 | -0.49 |
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Drawdowns
FAST vs. GRMN - Drawdown Comparison
The maximum FAST drawdown since its inception was -63.43%, smaller than the maximum GRMN drawdown of -87.71%. Use the drawdown chart below to compare losses from any high point for FAST and GRMN.
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Drawdown Indicators
| FAST | GRMN | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -63.43% | -87.71% | +24.28% |
Max Drawdown (1Y)Largest decline over 1 year | -21.90% | -27.97% | +6.07% |
Max Drawdown (3Y)Largest decline over 3 years | -21.90% | -27.97% | +6.07% |
Max Drawdown (5Y)Largest decline over 5 years | -30.71% | -54.63% | +23.92% |
Max Drawdown (10Y)Largest decline over 10 years | -30.71% | -54.63% | +23.92% |
Current DrawdownCurrent decline from peak | -5.18% | -8.75% | +3.57% |
Average DrawdownAverage peak-to-trough decline | -12.14% | -31.44% | +19.30% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 11.17% | 13.20% | -2.03% |
Volatility
FAST vs. GRMN - Volatility Comparison
Fastenal Company (FAST) and Garmin Ltd. (GRMN) have volatilities of 7.32% and 7.60%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| FAST | GRMN | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 7.32% | 7.60% | -0.28% |
Volatility (6M)Calculated over the trailing 6-month period | 19.18% | 22.16% | -2.98% |
Volatility (1Y)Calculated over the trailing 1-year period | 25.30% | 30.48% | -5.18% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 24.48% | 30.55% | -6.07% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 26.78% | 28.33% | -1.55% |
Dividends
FAST vs. GRMN - Dividend Comparison
FAST's dividend yield for the trailing twelve months is around 1.96%, more than GRMN's 1.54% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FAST Fastenal Company | 1.96% | 2.18% | 2.17% | 2.75% | 2.62% | 1.75% | 2.87% | 2.35% | 2.95% | 2.34% | 2.55% | 2.74% |
GRMN Garmin Ltd. | 1.54% | 1.70% | 1.44% | 2.27% | 3.10% | 1.92% | 2.01% | 2.30% | 3.32% | 3.42% | 4.21% | 5.41% |
Financials
FAST vs. GRMN - Financials Comparison
This section allows you to compare key financial metrics between Fastenal Company and Garmin Ltd.. You can select fields from income statements, balance sheets, and cash flow statements to easily visualize and compare the financial health of both companies.
Total Revenue: Total amount of money received from sales and other business activities
FAST vs. GRMN - Profitability Comparison
FAST - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jul 2026, Fastenal Company reported a gross profit of 1.06B and revenue of 2.39B. Therefore, the gross margin over that period was 44.6%.
GRMN - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jul 2026, Garmin Ltd. reported a gross profit of 1.04B and revenue of 1.75B. Therefore, the gross margin over that period was 59.4%.
FAST - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jul 2026, Fastenal Company reported an operating income of 501.80M and revenue of 2.39B, resulting in an operating margin of 21.0%.
GRMN - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jul 2026, Garmin Ltd. reported an operating income of 431.67M and revenue of 1.75B, resulting in an operating margin of 24.6%.
FAST - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jul 2026, Fastenal Company reported a net income of 382.80M and revenue of 2.39B, resulting in a net margin of 16.0%.
GRMN - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jul 2026, Garmin Ltd. reported a net income of 405.08M and revenue of 1.75B, resulting in a net margin of 23.1%.
Frequently Asked Questions
FAST and GRMN have a correlation of 0.32, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
GRMN has higher volatility (7.60%) compared to FAST (7.32%). In terms of maximum drawdown, FAST dropped -63.43% vs GRMN's -87.71%.
GRMN currently has the higher Sharpe Ratio (0.22 vs 0.01), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
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