GRMN vs. NFLX
GRMN (Garmin Ltd.) and NFLX (Netflix, Inc.) are both stocks. GRMN operates in Scientific & Technical Instruments (Technology), while NFLX operates in Entertainment (Communication Services). Over the past 10 years, GRMN returned 21.88%/yr vs 24.31%/yr for NFLX. At a 0.27 correlation, their price movements are largely independent.
Performance
GRMN vs. NFLX - Performance Comparison
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Returns By Period
In the year-to-date period, GRMN achieves a 16.41% return, which is significantly higher than NFLX's -11.86% return. Over the past 10 years, GRMN has underperformed NFLX with an annualized return of 21.88%, while NFLX has yielded a comparatively higher 24.31% annualized return.
GRMN
- 1D
- -0.57%
- 1M
- -2.02%
- YTD
- 16.41%
- 6M
- 17.82%
- 1Y
- 15.26%
- 3Y*
- 33.20%
- 5Y*
- 13.00%
- 10Y*
- 21.88%
NFLX
- 1D
- 0.56%
- 1M
- -5.54%
- YTD
- -11.86%
- 6M
- -14.62%
- 1Y
- -33.43%
- 3Y*
- 25.31%
- 5Y*
- 11.21%
- 10Y*
- 24.31%
GRMN vs. NFLX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
GRMN Garmin Ltd. | 16.41% | -0.06% | 63.25% | 43.12% | -30.20% | 15.90% | 25.86% | 58.13% | 9.84% | 27.60% |
NFLX Netflix, Inc. | -11.86% | 5.19% | 83.07% | 65.11% | -51.05% | 11.41% | 67.11% | 20.89% | 39.44% | 55.06% |
Correlation
The correlation between GRMN and NFLX is 0.07, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.07 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.23 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.35 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.32 |
Correlation (All Time) Calculated using the full available price history since May 24, 2002 | 0.27 |
Over the past year, the correlation between GRMN and NFLX has dropped to 0.07 - well below their long-term average of 0.27, suggesting their price drivers have been diverging.
Fundamentals
GRMN:
$45.53B
NFLX:
$355.22B
GRMN:
$8.97
NFLX:
$3.09
GRMN:
26.23
NFLX:
26.73
GRMN:
2.11
NFLX:
1.06
GRMN:
6.10
NFLX:
7.62
GRMN:
4.91
NFLX:
11.41
GRMN:
$7.46B
NFLX:
$46.89B
GRMN:
$4.41B
NFLX:
$22.99B
GRMN:
$2.26B
NFLX:
$26.91B
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Return for Risk
GRMN vs. NFLX — Risk / Return Rank
GRMN
NFLX
GRMN vs. NFLX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Garmin Ltd. (GRMN) and Netflix, Inc. (NFLX). 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 | NFLX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.52 | ||
| Sortino ratioReturn per unit of downside risk | +2.29 | ||
| Omega ratioGain probability vs. loss probability | 1.12 | 0.82 | +0.30 |
| Calmar ratioReturn relative to maximum drawdown | 0.55 | -0.77 | +1.32 |
| Martin ratioReturn relative to average drawdown | 1.20 | -1.36 | +2.56 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| GRMN | NFLX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.51 | -1.01 | +1.52 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.43 | 0.26 | +0.17 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.78 | 0.59 | +0.19 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.45 | 0.58 | -0.13 |
Drawdowns
GRMN vs. NFLX - Drawdown Comparison
The maximum GRMN drawdown since its inception was -87.71%, which is greater than NFLX's maximum drawdown of -81.99%. Use the drawdown chart below to compare losses from any high point for GRMN and NFLX.
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Drawdown Indicators
| GRMN | NFLX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -87.71% | -81.99% | -5.72% |
Max Drawdown (1Y)Largest decline over 1 year | -27.97% | -43.35% | +15.38% |
Max Drawdown (3Y)Largest decline over 3 years | -27.97% | -43.35% | +15.38% |
Max Drawdown (5Y)Largest decline over 5 years | -54.63% | -75.95% | +21.32% |
Max Drawdown (10Y)Largest decline over 10 years | -54.63% | -75.95% | +21.32% |
Current DrawdownCurrent decline from peak | -12.07% | -38.29% | +26.22% |
Average DrawdownAverage peak-to-trough decline | -31.53% | -24.90% | -6.63% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 12.71% | 24.70% | -11.99% |
Volatility
GRMN vs. NFLX - Volatility Comparison
Garmin Ltd. (GRMN) has a higher volatility of 7.87% compared to Netflix, Inc. (NFLX) at 6.64%. This indicates that GRMN's price experiences larger fluctuations and is considered to be riskier than NFLX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| GRMN | NFLX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 7.87% | 6.64% | +1.23% |
Volatility (6M)Calculated over the trailing 6-month period | 22.18% | 25.22% | -3.04% |
Volatility (1Y)Calculated over the trailing 1-year period | 30.12% | 33.15% | -3.03% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 30.38% | 43.10% | -12.72% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 28.34% | 41.52% | -13.18% |
Dividends
GRMN vs. NFLX - Dividend Comparison
GRMN's dividend yield for the trailing twelve months is around 1.53%, while NFLX has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
GRMN Garmin Ltd. | 1.53% | 1.70% | 1.44% | 2.27% | 3.10% | 1.92% | 2.01% | 2.30% | 3.32% | 3.42% | 4.21% | 5.41% |
NFLX Netflix, 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% |
Financials
GRMN vs. NFLX - Financials Comparison
This section allows you to compare key financial metrics between Garmin Ltd. and Netflix, 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. NFLX - Profitability Comparison
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%.
NFLX - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Netflix, Inc. reported a gross profit of 6.36B and revenue of 12.25B. Therefore, the gross margin over that period was 51.9%.
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%.
NFLX - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Netflix, Inc. reported an operating income of 3.96B and revenue of 12.25B, resulting in an operating margin of 32.3%.
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%.
NFLX - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Netflix, Inc. reported a net income of 5.28B and revenue of 12.25B, resulting in a net margin of 43.1%.
Frequently Asked Questions
GRMN and NFLX have a correlation of 0.07, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
GRMN has higher volatility (7.87%) compared to NFLX (6.64%). In terms of maximum drawdown, GRMN dropped -87.71% vs NFLX's -81.99%.
GRMN currently has the higher Sharpe Ratio (0.51 vs -1.01), 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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