Garmin Ltd. vs ON Holding AG — how do they compare? Garmin Ltd. trades at $309.51 (market cap $60.39B), while ON Holding AG trades at $31.22 (market cap $12.93B). The key difference: Garmin Ltd. is far larger — about 4.7× ON Holding AG's market cap, and Garmin Ltd. pays a 1.34% dividend while ON Holding AG pays none. Which is the better fit depends on your goals.
| GRMN | ONON | |
|---|---|---|
Market Cap | $60.39B | $12.93B |
Sector | Technology | Technology |
52-Week High | $313.16 | $50.63 |
52-Week Low | $187.10 | $30.91 |
Enterprise Value | $57.91B | $12.25B |
Dividend Yield | 1.34% | — |
Signals from Pluang's Aura AI — not financial advice
No Aura AI signal available yet.
ONON trades at $37.55, up 0.56% with bullish technical signals supported by moving averages. The company demonstrates strong fundamental performance with Q1 2026 EPS beating expectations at $0.47 vs. $0.34 expected, maintaining a streak of earnings surprises. Revenue growth to $3.01B in 2025 and expanding net margins to 8.02% reflect operational strength amid positive analyst sentiment.
The outlook remains positive with 77% analyst buy ratings and $52.57 consensus price target suggesting 40% upside potential. Key risks include premium valuation metrics (P/E 41.8, P/S 6.5) and tariff exposure, but strong DTC growth and margin expansion support the bullish case for growth investors seeking athletic footwear exposure.
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 →ON Holding AG is a Swiss sports company primarily known for its high-performance running shoes, apparel, and accessories under the 'On' brand. The company emphasizes a blend of high-end design, proprietary cloud technology (like CloudTec cushioning), and sustainability in its products. On has rapidly gained market share globally, appealing to both competitive athletes and general consumers in the performance and lifestyle footwear segments.
Read more on ONON →