FLEX vs GRMN

Comparison between Flex Ltd (FLEX, Company) and Garmin Ltd (GRMN, Company).

Both FLEX and GRMN are from the Technology sector.

5-Year PerformanceFLEX has outperformed GRMN, delivering a return of +68.7% compared to +11.6%

FLEX vs GRMN - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	FLEX(COMPANY)	GRMN(COMPANY)
Market Cap	$46B	$46B
Max Drawdown	96.37%	87.75%
Sharpe Ratio	1.57	0.28
5Y Beta	1.94	1.10
Industry	Electronic Components	Scientific & Technical Instruments
P/E Ratio	53.35	26.68
Forward P/E	25.91	25.51
PEG Ratio	0.16	1.47
Dividend Yield	N/A	1.72%
5Y Dividends CAGR	N/A	13.21%
5Y EPS CAGR	14.05%	11.05%
Debt to Equity	72.92%	0.00%
Free Cash Flow Yield	2.27%	3.13%

Market Cap

Winner

FLEX

$46B

GRMN

$46B

Max Drawdown

FLEX

96.37%

Winner

GRMN

87.75%

Sharpe Ratio

Winner

FLEX

1.57

GRMN

0.28

5Y Beta

FLEX

1.94

Winner

GRMN

1.10

Industry

FLEX

Electronic Components

GRMN

Scientific & Technical Instruments

P/E Ratio

FLEX

53.35

Winner

GRMN

26.68

Forward P/E

FLEX

25.91

Winner

GRMN

25.51

PEG Ratio

Winner

FLEX

0.16

GRMN

1.47

Dividend Yield

FLEX

N/A

GRMN

1.72%

5Y Dividends CAGR

FLEX

N/A

GRMN

13.21%

5Y EPS CAGR

Winner

FLEX

14.05%

GRMN

11.05%

Debt to Equity

FLEX

72.92%

Winner

GRMN

0.00%

Free Cash Flow Yield

FLEX

2.27%

Winner

GRMN

3.13%

FLEX vs GRMN - Historical Returns

Returns include dividend reinvestment.

Period	FLEX	GRMN
1 month	-15.75%	+1.49%
3 months	+47.23%	-7.60%
6 months	+100.61%	+17.34%
1 year	+137.81%	+5.12%
5 years(CAGR)	+68.72%	+11.63%
10 years(CAGR)	+33.13%	+21.05%
Max(CAGR)	+10.03%	+16.48%

FLEX

-15.75%

Winner

GRMN

+1.49%

Winner

FLEX

+47.23%

GRMN

-7.60%

Winner

FLEX

+100.61%

GRMN

+17.34%

Winner

FLEX

+137.81%

GRMN

+5.12%

5Y(CAGR)

Winner

FLEX

+68.72%

GRMN

+11.63%

10Y(CAGR)

Winner

FLEX

+33.13%

GRMN

+21.05%

Max(CAGR)

FLEX

+10.03%

Winner

GRMN

+16.48%

FLEX vs GRMN - Annual Returns (1999 - 2026)

Returns include dividend reinvestment.

Year	FLEX	GRMN
2026	+100.91%	+19.50%
2025	+56.45%	+0.77%
2024	+125.22%	+65.84%
2023	+41.28%	+41.13%
2022	+15.50%	-28.81%
2021	+2.52%	+16.75%
2020	+40.69%	+24.79%
2019	+59.95%	+60.15%
2018	-58.26%	+9.89%
2017	+24.93%	+25.77%
2016	+29.40%	+37.97%
2015	+0.99%	-25.72%
2014	+45.01%	+21.67%
2013	+21.79%	+16.24%
2012	+6.52%	+9.09%
2011	-29.60%	+39.94%
2010	+6.66%	+0.27%
2009	+158.31%	+44.43%
2008	-78.03%	-78.27%
2007	+5.88%	+75.54%
2006	+10.17%	+66.91%
2005	-22.67%	+13.62%
2004	-8.17%	+14.29%
2003	+61.75%	+83.34%
2002	-67.23%	+37.88%
2001	-0.58%	+10.75%
2000	+25.97%	-1.25%
1999	+29.87%	N/A

FLEX vs GRMN Drawdown Comparison

The maximum drawdown for FLEX was -96.37%, occurring on Nov 20, 2008. Recovery took 5887 trading sessions.

The maximum drawdown for GRMN was -87.71%, occurring on Nov 20, 2008. Recovery took 2846 trading sessions.

The current FLEX drawdown is -21.06%. The current GRMN drawdown is -9.92%.

Rank	FLEX	GRMN
#1	-96.37% Sep 6, 2000 - Feb 1, 2024	-87.71% Oct 29, 2007 - Feb 20, 2019
#2	-40.73% Mar 28, 2000 - Jul 13, 2000	-54.62% Aug 30, 2021 - May 6, 2024
#3	-39.99% Jan 22, 2025 - Jun 17, 2025	-51.02% Jan 8, 2004 - Nov 26, 2004
#4	-26.42% Jun 30, 2026 - Jul 17, 2026	-42.70% Feb 8, 2001 - Dec 2, 2002
#5	-18.38% Dec 10, 2025 - Apr 8, 2026	-38.17% Feb 19, 2020 - Aug 5, 2020
#6	-17.54% Oct 29, 2025 - Dec 8, 2025	-36.29% Dec 28, 2004 - Sep 9, 2005
#7	-17.36% Jul 17, 2000 - Sep 5, 2000	-27.98% Feb 19, 2025 - Aug 28, 2025
#8	-16.81% May 30, 2024 - Sep 26, 2024	-27.97% Oct 8, 2025 - Apr 13, 2026
#9	-14.85% Mar 10, 2000 - Mar 24, 2000	-27.88% Jun 6, 2003 - Oct 29, 2003
#10	-14.24% Jan 24, 2000 - Feb 9, 2000	-22.40% Oct 3, 2005 - Feb 27, 2006
#11	-14.03% Mar 6, 2024 - May 22, 2024	-21.56% Jun 29, 2006 - Oct 26, 2006
#12	-13.86% Jun 3, 2026 - Jun 30, 2026	-20.32% Sep 27, 2007 - Oct 24, 2007
#13	-12.95% May 11, 2026 - May 27, 2026	-19.77% Dec 11, 2000 - Feb 2, 2001
#14	-12.50% Feb 9, 2000 - Feb 23, 2000	-18.02% Oct 26, 2006 - Dec 15, 2006
#15	-11.78% Dec 13, 1999 - Jan 14, 2000	-15.61% Apr 20, 2026 - May 15, 2026

Correlation

Correlation between FLEX and GRMN is 0.75 which considered as a strong positive correlation - the stocks tend to move together.

0.75

-101

Dividend Comparison (2003 - 2026)

FLEX vs GRMN dividend yield comparison.

Year	FLEX	GRMN
2026	0.00%	0.81%
2025	0.00%	1.70%
2024	21.00%	1.44%
2023	0.00%	2.27%
2022	0.00%	3.10%
2021	0.00%	1.92%
2020	0.00%	2.01%
2019	0.00%	2.30%
2018	0.00%	3.32%
2017	0.00%	3.42%
2016	0.00%	4.21%
2015	0.00%	5.41%
2014	0.00%	3.58%
2013	0.00%	4.87%
2012	0.00%	6.26%
2011	0.00%	8.04%
2010	0.00%	4.84%
2009	0.00%	2.44%
2008	0.00%	3.91%
2007	0.00%	0.77%
2006	0.00%	0.90%
2005	0.00%	0.75%
2004	0.00%	0.82%
2003	0.00%	0.92%