Garmin vs Newell Brands
Add, change or remove companies; up to four.
KIRA’s take AI analyst
I put Garmin and Newell Brands side by side, using each one’s latest annual report. Here is what stands out:
- Garmin is the larger business, with $7.2B of revenue in fiscal 2025 against $7.2B for Newell Brands.
- Garmin grew revenue faster (15.1%, against −5.0%).
- Garmin kept more of each dollar of sales as operating profit (25.9% operating margin, against 0.5%).
- Garmin turned more of its sales into free cash flow (18.8% FCF margin, against 0.2%).
- Garmin earned a higher return on the capital invested in it (26.8%, against 0.5%).
Who comes out ahead
Of the 11 measures where higher (or lower) is clearly better, how many each company leads.
Garmin
GRMN
11/11
Revenue growth5-year growthGross marginOperating marginNet marginFCF marginReturn on capitalReturn on equityPiotroski F-scoreNet debt / EBITDAShare count change
Newell Brands
NWL
0/11
Side by side
Best in the row
| Latest fiscal year | GRMN FY25 | NWL FY25 |
|---|---|---|
| Size | ||
| Market cap | $56.7B | $2.3B |
| Revenue | $7.2B | $7.2B |
| Free cash flow | $1.4B | $17.0M |
| Net income | $1.7B | −$285M |
| Growth | ||
| Revenue growth | 15.1% | −5.0% |
| 5-year growth | 11.6% | −5.2% |
| Share count change | 0.2% | 0.7% |
| Profitability | ||
| Gross margin | 58.7% | 33.8% |
| Operating margin | 25.9% | 0.5% |
| Net margin | 23.0% | −4.0% |
| FCF margin | 18.8% | 0.2% |
| Return on capital | 26.8% | 0.5% |
| Return on equity | 19.8% | −11.1% |
| Balance sheet | ||
| Net debt | −$2.7B | $4.3B |
| Net debt / EBITDA | −1.3x | 12.4x |
| Dividends and buybacks | $664M | $120M |
| Valuation & quality | ||
| P/E | 32.7x | — |
| Piotroski F-score | 6 | 4 |
Ten years
Revenue
Operating margin
Free cash flow
Return on capital
Each company's latest fiscal year; fiscal years end in different months. The best value in each row is highlighted where higher (or lower) is clearly better. Not investment advice.

