Garmin Ltd. vs MPLX LP — how do they compare? Garmin Ltd. trades at $308 (market cap $59.72B), while MPLX LP trades at $59.35 (market cap $60.12B). The key difference: Garmin Ltd. and MPLX LP are close in size by market cap, and MPLX LP pays the higher dividend (7.26%). Which is the better fit depends on your goals.
| GRMN | MPLX | |
|---|---|---|
Market Cap | $59.72B | $60.12B |
Sector | Technology | Technology |
52-Week High | $313.16 | $60.51 |
52-Week Low | $187.10 | $47.80 |
Enterprise Value | $57.23B | $85.22B |
Dividend Yield | 1.36% | 7.26% |
Trailing returns across standard periods
Latest headlines on both assets
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 →MPLX LP is a Master Limited Partnership (MLP) formed by Marathon Petroleum Corporation (MPC). It is a diversified, growth-oriented company primarily engaged in the gathering, processing, and transportation of natural gas and natural gas liquids (NGLs), as well as the transportation, storage, and distribution of crude oil and refined petroleum products. MPLX owns and operates a network of midstream energy infrastructure assets, providing essential services to the energy industry across the United States.
Read more on MPLX →