FedEx Corporation vs Garmin Ltd. — how do they compare? FedEx Corporation trades at $322.99 (market cap $76.28B), while Garmin Ltd. trades at $308 (market cap $59.72B). The key difference: FedEx Corporation is the larger of the two by market cap, and FedEx Corporation pays the higher dividend (1.51%). Which is the better fit depends on your goals.
| FDX | GRMN | |
|---|---|---|
Market Cap | $76.28B | $59.72B |
Sector | Industrials | Technology |
52-Week High | $338.75 | $313.16 |
52-Week Low | $180.51 | $187.10 |
Enterprise Value | $105.91B | $57.23B |
Dividend Yield | 1.51% | 1.36% |
Trailing returns across standard periods
FedEx pioneered overnight delivery in 1973 and remains the world's largest express package provider. In its fiscal 2020 (ended May 2020), FedEx derived 51% of revenue from its express division, 33% from ground, and 10% from freight, its asset-based less-than-truckload shipping segment. The remainder comes from other services, including FedEx Office, which provides document production/shipping, and FedEx Logistics, which provides global forwarding. FedEx acquired Dutch parcel delivery firm TNT Express in 2016. TNT was previously the fourth-largest global parcel delivery provider.
Read more on FDX →Garmin produces GPS-enabled hardware and software for five verticals: fitness, outdoors, auto, aviation, and marine. The company relies on licensing mapping data to enable its hardware specialized for often niche activities like scuba diving or sailing. Garmin operates in 100 countries and sells its products via distributors as well as relationships with original equipment manufacturers.
Read more on GRMN →