Correlation
The correlation between GRMN and ARW is 0.53, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
GRMN vs. ARW
Compare and contrast key facts about Garmin Ltd. (GRMN) and Arrow Electronics, Inc. (ARW).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: GRMN or ARW.
Performance
GRMN vs. ARW - Performance Comparison
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Key characteristics
GRMN:
0.65
ARW:
-0.34
GRMN:
1.33
ARW:
-0.18
GRMN:
1.21
ARW:
0.98
GRMN:
0.98
ARW:
-0.23
GRMN:
2.94
ARW:
-0.59
GRMN:
9.38%
ARW:
14.52%
GRMN:
40.39%
ARW:
30.84%
GRMN:
-87.71%
ARW:
-81.12%
GRMN:
-15.81%
ARW:
-19.54%
Fundamentals
GRMN:
$39.08B
ARW:
$6.10B
GRMN:
$7.59
ARW:
$7.27
GRMN:
26.74
ARW:
16.16
GRMN:
2.72
ARW:
0.88
GRMN:
6.06
ARW:
0.22
GRMN:
4.78
ARW:
1.03
GRMN:
$6.45B
ARW:
$27.81B
GRMN:
$3.78B
ARW:
$3.13B
GRMN:
$1.81B
ARW:
$848.26M
Returns By Period
In the year-to-date period, GRMN achieves a -1.25% return, which is significantly lower than ARW's 3.88% return. Over the past 10 years, GRMN has outperformed ARW with an annualized return of 19.68%, while ARW has yielded a comparatively lower 7.17% annualized return.
GRMN
-1.25%
5.82%
-4.25%
25.85%
27.66%
18.90%
19.68%
ARW
3.88%
2.05%
-4.15%
-10.51%
-1.23%
9.83%
7.17%
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Risk-Adjusted Performance
GRMN vs. ARW — Risk-Adjusted Performance Rank
GRMN
ARW
GRMN vs. ARW - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Garmin Ltd. (GRMN) and Arrow Electronics, Inc. (ARW). 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.
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Dividends
GRMN vs. ARW - Dividend Comparison
GRMN's dividend yield for the trailing twelve months is around 1.48%, while ARW has not paid dividends to shareholders.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
GRMN Garmin Ltd. | 1.48% | 1.44% | 2.27% | 3.10% | 1.92% | 2.01% | 2.30% | 3.32% | 3.42% | 4.21% | 5.41% | 3.58% |
ARW Arrow Electronics, Inc. | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
GRMN vs. ARW - Drawdown Comparison
The maximum GRMN drawdown since its inception was -87.71%, which is greater than ARW's maximum drawdown of -81.12%. Use the drawdown chart below to compare losses from any high point for GRMN and ARW.
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Volatility
GRMN vs. ARW - Volatility Comparison
Garmin Ltd. (GRMN) and Arrow Electronics, Inc. (ARW) have volatilities of 6.24% and 6.44%, 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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Financials
GRMN vs. ARW - Financials Comparison
This section allows you to compare key financial metrics between Garmin Ltd. and Arrow Electronics, Inc.. 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
GRMN vs. ARW - Profitability Comparison
GRMN - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2025, Garmin Ltd. reported a gross profit of 884.55M and revenue of 1.54B. Therefore, the gross margin over that period was 57.6%.
ARW - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2025, Arrow Electronics, Inc. reported a gross profit of 773.99M and revenue of 6.81B. Therefore, the gross margin over that period was 11.4%.
GRMN - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2025, Garmin Ltd. reported an operating income of 332.82M and revenue of 1.54B, resulting in an operating margin of 21.7%.
ARW - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2025, Arrow Electronics, Inc. reported an operating income of 158.55M and revenue of 6.81B, resulting in an operating margin of 2.3%.
GRMN - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2025, Garmin Ltd. reported a net income of 332.77M and revenue of 1.54B, resulting in a net margin of 21.7%.
ARW - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2025, Arrow Electronics, Inc. reported a net income of 79.72M and revenue of 6.81B, resulting in a net margin of 1.2%.