Correlation
The correlation between GRMN and NKE is 0.57, 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. NKE
Compare and contrast key facts about Garmin Ltd. (GRMN) and NIKE, Inc. (NKE).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: GRMN or NKE.
Performance
GRMN vs. NKE - Performance Comparison
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Key characteristics
GRMN:
0.65
NKE:
-0.82
GRMN:
1.33
NKE:
-0.86
GRMN:
1.21
NKE:
0.87
GRMN:
0.98
NKE:
-0.45
GRMN:
2.94
NKE:
-1.29
GRMN:
9.38%
NKE:
24.17%
GRMN:
40.39%
NKE:
41.28%
GRMN:
-87.71%
NKE:
-75.29%
GRMN:
-15.81%
NKE:
-63.39%
Fundamentals
GRMN:
$39.08B
NKE:
$90.88B
GRMN:
$7.59
NKE:
$3.01
GRMN:
26.74
NKE:
20.46
GRMN:
2.72
NKE:
6.70
GRMN:
6.06
NKE:
1.90
GRMN:
4.78
NKE:
6.49
GRMN:
$6.45B
NKE:
$35.21B
GRMN:
$3.78B
NKE:
$15.32B
GRMN:
$1.81B
NKE:
$3.02B
Returns By Period
In the year-to-date period, GRMN achieves a -1.25% return, which is significantly higher than NKE's -17.68% return. Over the past 10 years, GRMN has outperformed NKE with an annualized return of 19.68%, while NKE has yielded a comparatively lower 3.14% annualized return.
GRMN
-1.25%
5.82%
-4.25%
25.85%
27.66%
18.90%
19.68%
NKE
-17.68%
5.78%
-21.24%
-33.57%
-18.88%
-8.81%
3.14%
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Risk-Adjusted Performance
GRMN vs. NKE — Risk-Adjusted Performance Rank
GRMN
NKE
GRMN vs. NKE - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Garmin Ltd. (GRMN) and NIKE, Inc. (NKE). 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. NKE - Dividend Comparison
GRMN's dividend yield for the trailing twelve months is around 1.48%, less than NKE's 3.15% yield.
| 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% |
NKE NIKE, Inc. | 3.15% | 2.00% | 1.28% | 1.07% | 0.68% | 0.71% | 0.89% | 1.11% | 1.18% | 1.30% | 0.93% | 1.04% |
Drawdowns
GRMN vs. NKE - Drawdown Comparison
The maximum GRMN drawdown since its inception was -87.71%, which is greater than NKE's maximum drawdown of -75.29%. Use the drawdown chart below to compare losses from any high point for GRMN and NKE.
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Volatility
GRMN vs. NKE - Volatility Comparison
The current volatility for Garmin Ltd. (GRMN) is 6.24%, while NIKE, Inc. (NKE) has a volatility of 11.93%. This indicates that GRMN experiences smaller price fluctuations and is considered to be less risky than NKE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Financials
GRMN vs. NKE - Financials Comparison
This section allows you to compare key financial metrics between Garmin Ltd. and NIKE, 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. NKE - 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%.
NKE - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2025, NIKE, Inc. reported a gross profit of 4.68B and revenue of 11.27B. Therefore, the gross margin over that period was 41.5%.
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%.
NKE - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2025, NIKE, Inc. reported an operating income of 788.00M and revenue of 11.27B, resulting in an operating margin of 7.0%.
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%.
NKE - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2025, NIKE, Inc. reported a net income of 794.00M and revenue of 11.27B, resulting in a net margin of 7.1%.