GRMN vs. CSCO

Last updated Apr 1, 2026

Compare and contrast key facts about Garmin Ltd. (GRMN) and Cisco Systems, Inc. (CSCO).

Performance

GRMN vs. CSCO - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Garmin Ltd. (GRMN) and Cisco Systems, Inc. (CSCO). The values are adjusted to include any dividend payments, if applicable.

GRMN vs. CSCO - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
GRMN Garmin Ltd.	14.81%	-0.06%	63.25%	43.12%	-30.20%	15.90%	25.86%	58.13%	9.84%	27.60%
CSCO Cisco Systems, Inc.	1.27%	33.47%	21.00%	9.30%	-22.46%	45.76%	-3.49%	13.81%	16.57%	31.27%

Fundamentals

Market Cap GRMN : $44.96B CSCO : $309.35B
EPS GRMN : $8.60 CSCO : $2.77
PE Ratio GRMN : 26.99 CSCO : 27.98
PEG Ratio GRMN : 2.17 CSCO : 23.48
PS Ratio GRMN : 6.20 CSCO : 5.25
PB Ratio GRMN : 5.01 CSCO : 6.48
Total Revenue (TTM) GRMN : $7.25B CSCO : $59.05B
Gross Profit (TTM) GRMN : $4.26B CSCO : $38.28B
EBITDA (TTM) GRMN : $2.07B CSCO : $14.30B

Returns By Period

In the year-to-date period, GRMN achieves a 14.81% return, which is significantly higher than CSCO's 1.27% return. Over the past 10 years, GRMN has outperformed CSCO with an annualized return of 22.55%, while CSCO has yielded a comparatively lower 13.89% annualized return.

GRMN

• 1D: 2.66%
• 1M: -7.88%
• YTD: 14.81%
• 6M: -5.00%
• 1Y: 8.61%
• 3Y*: 34.50%
• 5Y*: 14.28%
• 10Y*: 22.55%

CSCO

• 1D: 0.71%
• 1M: -2.35%
• YTD: 1.27%
• 6M: 14.70%
• 1Y: 28.79%
• 3Y*: 17.35%
• 5Y*: 11.52%
• 10Y*: 13.89%

*Multi-year figures are annualized to reflect compound growth (CAGR)

Return for Risk

GRMN vs. CSCO — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

GRMN

GRMN Risk / Return Rank: 49
GRMN Sharpe Ratio Rank: 52
GRMN Sortino Ratio Rank: 44
GRMN Omega Ratio Rank: 47
GRMN Calmar Ratio Rank: 52
GRMN Martin Ratio Rank: 51

CSCO

CSCO Risk / Return Rank: 75
CSCO Sharpe Ratio Rank: 77
CSCO Sortino Ratio Rank: 67
CSCO Omega Ratio Rank: 72
CSCO Calmar Ratio Rank: 81
CSCO Martin Ratio Rank: 80

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

GRMN vs. CSCO - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Garmin Ltd. (GRMN) and Cisco Systems, Inc. (CSCO). 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.

	GRMN	CSCO	Difference
Sharpe ratio Return per unit of total volatility	0.24	1.03	-0.79
Sortino ratio Return per unit of downside risk	0.54	1.44	-0.90
Omega ratio Gain probability vs. loss probability	1.09	1.22	-0.13
Calmar ratio Return relative to maximum drawdown	0.37	2.25	-1.88
Martin ratio Return relative to average drawdown	0.80	5.80	-5.00
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

GRMN vs. CSCO - Sharpe Ratio Comparison

The current GRMN Sharpe Ratio is 0.24, which is lower than the CSCO Sharpe Ratio of 1.03. The chart below compares the historical Sharpe Ratios of GRMN and CSCO, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	GRMN	CSCO	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.24	1.03	-0.79
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.48	0.50	-0.02
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.80	0.55	+0.25
Sharpe Ratio (All Time) Calculated using the full available price history	0.45	0.57	-0.12

Correlation

The correlation between GRMN and CSCO is 0.39, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.

Dividends

GRMN vs. CSCO - Dividend Comparison

GRMN's dividend yield for the trailing twelve months is around 1.55%, less than CSCO's 2.11% yield.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
GRMN Garmin Ltd.	1.55%	1.70%	1.44%	2.27%	3.10%	1.92%	2.01%	2.30%	3.32%	3.42%	4.21%	5.41%
CSCO Cisco Systems, Inc.	2.11%	2.12%	2.69%	3.07%	3.17%	2.32%	3.20%	2.88%	2.95%	2.95%	3.28%	3.02%

Drawdowns

GRMN vs. CSCO - Drawdown Comparison

The maximum GRMN drawdown since its inception was -87.71%, roughly equal to the maximum CSCO drawdown of -89.26%. Use the drawdown chart below to compare losses from any high point for GRMN and CSCO.

Drawdown Indicators

	GRMN	CSCO	Difference
Max Drawdown Largest peak-to-trough decline	-87.71%	-89.26%	+1.55%
Max Drawdown (1Y) Largest decline over 1 year	-27.97%	-13.57%	-14.40%
Max Drawdown (5Y) Largest decline over 5 years	-54.63%	-36.68%	-17.95%
Max Drawdown (10Y) Largest decline over 10 years	-54.63%	-41.95%	-12.68%
Current Drawdown Current decline from peak	-9.96%	-10.59%	+0.63%
Average Drawdown Average peak-to-trough decline	-31.70%	-40.33%	+8.63%
Ulcer Index Depth and duration of drawdowns from previous peaks	13.04%	5.28%	+7.76%

Volatility

GRMN vs. CSCO - Volatility Comparison

Garmin Ltd. (GRMN) has a higher volatility of 8.77% compared to Cisco Systems, Inc. (CSCO) at 8.22%. This indicates that GRMN's price experiences larger fluctuations and is considered to be riskier than CSCO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	GRMN	CSCO	Difference
Volatility (1M) Calculated over the trailing 1-month period	8.77%	8.22%	+0.55%
Volatility (6M) Calculated over the trailing 6-month period	23.84%	21.41%	+2.43%
Volatility (1Y) Calculated over the trailing 1-year period	35.82%	28.03%	+7.79%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	30.05%	23.34%	+6.71%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	28.20%	25.19%	+3.01%

Financials

GRMN vs. CSCO - Profitability Comparison

The chart below illustrates the profitability comparison between Garmin Ltd. and Cisco Systems, Inc. over time, highlighting three key metrics: Gross Profit Margin, Operating Margin, and Net Profit Margin.

GRMN - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Apr 2026, Garmin Ltd. reported a gross profit of 1.26B and revenue of 2.12B. Therefore, the gross margin over that period was 59.2%.

CSCO - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Apr 2026, Cisco Systems, Inc. reported a gross profit of 9.97B and revenue of 15.35B. Therefore, the gross margin over that period was 65.0%.

GRMN - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Apr 2026, Garmin Ltd. reported an operating income of 614.15M and revenue of 2.12B, resulting in an operating margin of 28.9%.

CSCO - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Apr 2026, Cisco Systems, Inc. reported an operating income of 3.78B and revenue of 15.35B, resulting in an operating margin of 24.6%.

GRMN - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Apr 2026, Garmin Ltd. reported a net income of 528.68M and revenue of 2.12B, resulting in a net margin of 24.9%.

CSCO - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Apr 2026, Cisco Systems, Inc. reported a net income of 3.18B and revenue of 15.35B, resulting in a net margin of 20.7%.