GRMN
Garmin Ltd.
GRMN offers stronger fundamentals, but that advantage does not outweigh its weaker overall profile.
MSFT
Microsoft Corporation
MSFT has the edge over GRMN overall, supported by stronger valuation and stronger modeled upside.
GRMN Fundamentals
| Metric | Status |
|---|---|
| Healthy | |
| Strong | |
| Strong | |
| Strong |
GRMN's revenue, profitability, cash flow and balance sheet are all currently healthy.
MSFT Fundamentals
| Metric | Status |
|---|---|
| Healthy | |
| Strong | |
| Healthy | |
| Strong |
MSFT's revenue, profitability, cash flow and balance sheet are all currently healthy.
GRMN PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Cheap | 19x | $200 | -30% |
| Fair | 23x | $242 | -16% |
| Forward | 26x | $286 | — |
| Expensive | 27x | $284 | -0.9% |
| Current | 27x | $286 | — |
Historical ranges are pointers, not guarantees.
GRMN's PE is in its expensive range at 27x. If earnings grow as analysts expect, today's price would be 26x next year's earnings.
MSFT PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Forward | 25x | $523 | — |
| Cheap | 27x | $525 | +0.4% |
| Current | 27x | $523 | — |
| Fair | 34x | $652 | +25% |
| Expensive | 37x | $711 | +36% |
Historical ranges are pointers, not guarantees.
MSFT has the edge over GRMN in the historical PE scenario, which offers more potential upside but is not a forecast.
GRMN Forward outlook
| Metric | Outlook |
|---|---|
| Improving | |
| Strong growth | |
| Growth | |
| Improving | |
| Limited | |
| Moderate |
GRMN has the edge over MSFT on the outlook, with more favorable profitability expectations.
MSFT Forward outlook
| Metric | Outlook |
|---|---|
| Improving | |
| Strong growth | |
| Strong growth | |
| Stable | |
| Moderate | |
| High |
Analysts expect strong earnings and revenue growth for MSFT, with profitability holding steady.
GRMN Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $11.12 | +6.8% |
| Q3 2026 | $10.41 | +28% |
| Q2 2026 | $9.69 | +20% |
| Q1 2026 | $8.96 | +18% |
| Q4 2025 | $8.59 | +18% |
| Q3 2025 | $8.11 | +2.9% |
| Q2 2025 | $8.10 | +13% |
| Q1 2025 | $7.59 | +7.1% |
| Q4 2024 | $7.30 | +8.8% |
GRMN's earnings per share have climbed steadily: $10.41 over the past year, up 28% from the year before, and higher year over year for 13 quarters in a row.
MSFT Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $20.79 | +8.6% |
| Q3 2026 | $19.15 | +36% |
| Q2 2026 | $17.95 | +32% |
| Q1 2026 | $16.80 | +30% |
| Q4 2025 | $15.99 | +29% |
| Q3 2025 | $14.06 | +16% |
| Q2 2025 | $13.64 | +16% |
| Q1 2025 | $12.93 | +12% |
| Q4 2024 | $12.41 | +12% |
MSFT has the edge over GRMN on earnings, with stronger typical year-over-year growth.
GRMN Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $2B | +12% |
| Q2 2026 | $2B | +11% |
| Q1 2026 | $1.8B | +14% |
| Q4 2025 | $2.1B | +17% |
| Q3 2025 | $1.8B | +12% |
| Q2 2025 | $1.8B | +20% |
| Q1 2025 | $1.5B | +11% |
| Q4 2024 | $1.8B | +23% |
GRMN's revenue has grown year over year for 14 quarters in a row: $2B last quarter, up 12% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | 31% | +5 points |
| Q2 2026 | 30% | +4.4 points |
| Q1 2026 | 25% | +2.9 points |
| Q4 2025 | 29% | +0.6 points |
| Q3 2025 | 26% | -1.8 points |
| Q2 2025 | 26% | +3.3 points |
| Q1 2025 | 22% | +0.1 points |
| Q4 2024 | 28% | +5.4 points |
GRMN's operating margin was 31% last quarter, up 5 points from the same quarter a year ago, near the top of its range since 2019.
MSFT Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $92.3B | +19% |
| Q2 2026 | $90B | +18% |
| Q1 2026 | $82.9B | +18% |
| Q4 2025 | $81.3B | +17% |
| Q3 2025 | $77.7B | +18% |
| Q2 2025 | $76.4B | +18% |
| Q1 2025 | $70.1B | +13% |
| Q4 2024 | $69.6B | +12% |
MSFT has the edge over GRMN on sales, with stronger typical year-over-year growth.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | 50% | +0.9 points |
| Q2 2026 | 45% | +0.2 points |
| Q1 2026 | 46% | +0.7 points |
| Q4 2025 | 47% | +1.6 points |
| Q3 2025 | 49% | +2.3 points |
| Q2 2025 | 45% | +1.8 points |
| Q1 2025 | 46% | +1.1 points |
| Q4 2024 | 45% | +1.9 points |
MSFT has the edge over GRMN on profitability, with a higher operating margin.
GRMN Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | $293.3M | -31% |
| Q2 2026 | $275.8M | +116% |
| Q1 2026 | $469.4M | +23% |
| Q4 2025 | $429.6M | +7.6% |
| Q3 2025 | $425.1M | +94% |
| Q2 2025 | $127.5M | -42% |
| Q1 2025 | $380.7M | -5.3% |
| Q4 2024 | $399.2M | -4.3% |
GRMN has the edge over MSFT on cash flow, with more consistent year-over-year improvement.
MSFT Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | $18.6B | -27% |
| Q2 2026 | $19.6B | -23% |
| Q1 2026 | $15.8B | -22% |
| Q4 2025 | $5.9B | -9.3% |
| Q3 2025 | $25.7B | +33% |
| Q2 2025 | $25.6B | +9.6% |
| Q1 2025 | $20.3B | -3.2% |
| Q4 2024 | $6.5B | -29% |
MSFT's free cash flow has been positive every quarter for seven years: $60B over the past year, down 23% from the year before.
GRMN Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | +0.1% | +146K shares |
| 1 year | 0% | +84K shares |
| 3 years | +1.1% | +2M shares |
| 5 years | +0.4% | +807K shares |
| Available history | +1.4% | +2.7M shares |
GRMN has 194M diluted shares, about the same as a year ago.
MSFT Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | -0.1% | -7M shares |
| 1 year | -0.3% | -20M shares |
| 3 years | -0.2% | -16M shares |
| 5 years | -1.6% | -121M shares |
| Available history | -3.2% | -245M shares |
MSFT has the edge over GRMN on shareholder dilution, with a more favorable share count trend.
| Quarter | Spent |
|---|---|
| Q3 2026 | $4.4B |
| Q2 2026 | $4.6B |
| Q1 2026 | $4.6B |
| Q4 2025 | $7.4B |
| Q3 2025 | $5.7B |
| Q2 2025 | $4.5B |
| Q1 2025 | $4.8B |
| Q4 2024 | $5B |
MSFT spent $21B buying back its own shares over the past year, up 5.2% from the year before.
GRMN Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q3 2026 | -0.8x | Net Cash |
| Q2 2026 | -1.0x | Net Cash |
| Q1 2026 | -1.1x | Net Cash |
| Q4 2025 | -1.1x | Net Cash |
| Q3 2025 | -1.1x | Net Cash |
| Q2 2025 | -1.1x | Net Cash |
| Q1 2025 | -1.2x | Net Cash |
| Q4 2024 | -1.2x | Net Cash |
GRMN has the edge over MSFT on leverage, with a lower net debt burden relative to earnings.
MSFT Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q3 2026 | 0.1x | Very low |
| Q2 2026 | 0.1x | Very low |
MSFT's net debt is less than a year of its operating earnings (EBITDA).
GRMN Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 55.5 | Neutral |
| Stochastic | 44.8 | Neutral |
GRMN's weekly RSI is 56 (neutral) and its Stochastic is 45 (neutral).
MSFT Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 62.1 | Neutral |
| Stochastic | 68.0 | Neutral |
MSFT's weekly RSI is 62 (neutral) and its Stochastic is 68 (neutral).
GRMN PE vs Technology Sector
| Metric | GRMN | Sector median | Relative |
|---|---|---|---|
| PE | 27x | 28x | 1.3% below |
| PE % | 86 | 35 | 51 pts above |
GRMN is trading at 27x earnings, in line with the Technology sector's median of 28x.
MSFT PE vs Technology Sector
| Metric | MSFT | Sector median | Relative |
|---|---|---|---|
| PE | 27x | 28x | 2% below |
| PE % | 16 | 35 | 19 pts below |
MSFT has the edge over GRMN on valuation relative to its sector.
GRMN Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $283.3 | 1% above |
| 20 week MA | $278.6 | 2.7% above |
| 50 week MA | $248.6 | 15% above |
| 100 week MA | $232.3 | 23% above |
| 200 week MA | $183.4 | 56% above |
GRMN has the edge over MSFT on trend strength, trading above more of its moving averages.
MSFT Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $524.7 | 0.3% below |
| 20 week MA | $484.8 | 7.9% above |
| 50 week MA | $446.9 | 17% above |
| 100 week MA | $453.8 | 15% above |
| 200 week MA | $411.5 | 27% above |
MSFT's trend is up, with a small recent dip: it's below only its 8-week average, and 27% above its 200-week average.
GRMN Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $98.5 | $120.2 | +22% |
| 2021 | $120.2 | $134.5 | +12% |
| 2022 | $134.5 | $91.3 | -32% |
| 2023 | $91.3 | $128.5 | +41% |
| 2024 | $128.5 | $209.4 | +63% |
| 2025 | $209.4 | $205.5 | -1.8% |
| 2026 YTD | $205.5 | $286.2 | +39% |
GRMN has the edge over MSFT on returns for 2026, with the stronger performance.
MSFT Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $159.0 | $222.8 | +40% |
| 2021 | $222.8 | $334.7 | +50% |
| 2022 | $334.7 | $238.7 | -29% |
| 2023 | $238.7 | $376.0 | +58% |
| 2024 | $376.0 | $430.5 | +14% |
| 2025 | $430.5 | $487.7 | +13% |
| 2026 YTD | $487.7 | $523.0 | +7.2% |
MSFT has finished higher in five of the last six years, two of them by more than 50%. It's up 7.2% so far in 2026.