GE vs. GRMN
GE (General Electric Company) and GRMN (Garmin Ltd.) are both stocks. GE operates in Specialty Industrial Machinery (Industrials), while GRMN operates in Scientific & Technical Instruments (Technology). Over the past 10 years, GE returned 9.96%/yr vs 22.02%/yr for GRMN. At a 0.37 correlation, their price movements are largely independent.
Performance
GE vs. GRMN - Performance Comparison
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Returns By Period
In the year-to-date period, GE achieves a 9.01% return, which is significantly lower than GRMN's 17.83% return. Over the past 10 years, GE has underperformed GRMN with an annualized return of 9.96%, while GRMN has yielded a comparatively higher 22.02% annualized return.
GE
- 1D
- 0.76%
- 1M
- 13.77%
- YTD
- 9.01%
- 6M
- 12.13%
- 1Y
- 40.45%
- 3Y*
- 58.72%
- 5Y*
- 38.14%
- 10Y*
- 9.96%
GRMN
- 1D
- -0.20%
- 1M
- 2.62%
- YTD
- 17.83%
- 6M
- 14.71%
- 1Y
- 16.14%
- 3Y*
- 32.81%
- 5Y*
- 12.86%
- 10Y*
- 22.02%
GE vs. GRMN - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
GE General Electric Company | 9.01% | 85.73% | 64.83% | 95.71% | -10.92% | 9.69% | -2.73% | 54.00% | -55.39% | -42.92% |
GRMN Garmin Ltd. | 17.83% | -0.06% | 63.25% | 43.12% | -30.20% | 15.90% | 25.86% | 58.13% | 9.84% | 27.60% |
Correlation
The correlation between GE and GRMN is 0.30, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.30 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.37 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.43 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.38 |
Correlation (All Time) Calculated using the full available price history since Dec 12, 2000 | 0.37 |
The correlation between GE and GRMN shifts across timeframes, from 0.30 (1 year) to 0.43 (5 years), reflecting how their relationship changes across market environments.
Fundamentals
GE:
$351.79B
GRMN:
$46.09B
GE:
$8.15
GRMN:
$8.97
GE:
41.14
GRMN:
26.55
GE:
0.01
GRMN:
2.13
GE:
7.37
GRMN:
6.18
GE:
19.48
GRMN:
4.97
GE:
$48.35B
GRMN:
$7.46B
GE:
$16.84B
GRMN:
$4.41B
GE:
$11.01B
GRMN:
$2.26B
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Return for Risk
GE vs. GRMN — Risk / Return Rank
GE
GRMN
GE vs. GRMN - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for General Electric Company (GE) 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.
| GE | GRMN | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.75 | ||
| Sortino ratioReturn per unit of downside risk | +0.92 | ||
| Omega ratioGain probability vs. loss probability | 1.23 | 1.12 | +0.11 |
| Calmar ratioReturn relative to maximum drawdown | 1.95 | 0.58 | +1.37 |
| Martin ratioReturn relative to average drawdown | 5.26 | 1.27 | +4.00 |
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Drawdowns
GE vs. GRMN - Drawdown Comparison
The maximum GE drawdown since its inception was -85.53%, roughly equal to the maximum GRMN drawdown of -87.71%. Use the drawdown chart below to compare losses from any high point for GE and GRMN.
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Drawdown Indicators
| GE | GRMN | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -85.53% | -87.71% | +2.18% |
Max Drawdown (1Y)Largest decline over 1 year | -20.85% | -27.97% | +7.12% |
Max Drawdown (3Y)Largest decline over 3 years | -21.36% | -27.97% | +6.61% |
Max Drawdown (5Y)Largest decline over 5 years | -44.94% | -54.63% | +9.69% |
Max Drawdown (10Y)Largest decline over 10 years | -81.18% | -54.63% | -26.55% |
Current DrawdownCurrent decline from peak | -2.88% | -11.00% | +8.12% |
Average DrawdownAverage peak-to-trough decline | -25.78% | -31.54% | +5.76% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 7.71% | 12.79% | -5.08% |
Volatility
GE vs. GRMN - Volatility Comparison
General Electric Company (GE) has a higher volatility of 11.02% compared to Garmin Ltd. (GRMN) at 8.24%. This indicates that GE's price experiences larger fluctuations and is considered to be riskier than GRMN based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| GE | GRMN | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 11.02% | 8.24% | +2.78% |
Volatility (6M)Calculated over the trailing 6-month period | 27.28% | 22.18% | +5.10% |
Volatility (1Y)Calculated over the trailing 1-year period | 31.64% | 30.32% | +1.32% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 31.13% | 30.41% | +0.72% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 36.37% | 28.36% | +8.01% |
Dividends
GE vs. GRMN - Dividend Comparison
GE's dividend yield for the trailing twelve months is around 0.46%, less than GRMN's 1.51% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
GE General Electric Company | 0.46% | 0.47% | 0.67% | 0.25% | 0.38% | 0.34% | 0.37% | 4.12% | 4.89% | 4.81% | 2.94% | 2.95% |
GRMN Garmin Ltd. | 1.51% | 1.70% | 1.44% | 2.27% | 3.10% | 1.92% | 2.01% | 2.30% | 3.32% | 3.42% | 4.21% | 5.41% |
Financials
GE vs. GRMN - Financials Comparison
This section allows you to compare key financial metrics between General Electric 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
GE vs. GRMN - Profitability Comparison
GE - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, General Electric Company reported a gross profit of 3.85B and revenue of 12.39B. Therefore, the gross margin over that period was 31.0%.
GRMN - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 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%.
GE - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, General Electric Company reported an operating income of 1.70B and revenue of 12.39B, resulting in an operating margin of 13.7%.
GRMN - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Garmin Ltd. reported an operating income of 431.67M and revenue of 1.75B, resulting in an operating margin of 24.6%.
GE - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, General Electric Company reported a net income of 1.94B and revenue of 12.39B, resulting in a net margin of 15.6%.
GRMN - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 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
GE and GRMN have a correlation of 0.30, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
GE has higher volatility (11.02%) compared to GRMN (8.24%). In terms of maximum drawdown, GE dropped -85.53% vs GRMN's -87.71%.
GE currently has the higher Sharpe Ratio (1.29 vs 0.53), 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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