Garmin Ltd. vs Progressive Corp — how do they compare? Garmin Ltd. trades at $248.55 (market cap $46.62B), while Progressive Corp trades at $205.56 (market cap $119.48B). The key difference: Progressive Corp is far larger — about 2.6× Garmin Ltd.'s market cap, and Progressive Corp pays the higher dividend (6.77%). Which is the better fit depends on your goals.
| GRMN | PGR | |
|---|---|---|
Market Cap | $46.62B | $119.48B |
Sector | Technology | Financials |
52-Week High | $267.52 | $252.68 |
52-Week Low | $187.10 | $190.40 |
Enterprise Value | $44.09B | $127.70B |
Dividend Yield | 1.74% | 6.77% |
Signals from Pluang's Aura AI — not financial advice
Garmin (GRMN) trades at $241.39, down 0.91% on the day, with a bullish technical signal supported by moving averages and a neutral RSI near 52. The stock shows strong fundamentals with 2025 revenue of $7.25B, net income margin of 23.26%, and consistent earnings beats in recent quarters. Recent product launches in aviation and marine electronics highlight innovation, while cash flow remains positive at $199.21M in 2025.
GRMN presents a solid investment case with robust profitability and growth, though valuation ratios like a P/E of 26.98 suggest premium pricing. Risks include competitive pressures and market volatility, but analyst consensus targets $281.50, indicating ~17% upside. The outlook is positive if earnings momentum continues, supported by dividend stability and institutional confidence.
Progressive (PGR) trades at $226.58, down 3.37% on the day, showing recent volatility amid mixed quarterly earnings. The stock presents a compelling fundamental case with strong revenue growth from $49.6B in 2022 to $87.6B in 2025, robust net income margins near 13%, and attractive valuation ratios including a P/E of 10.3. Technical analysis indicates a bullish trend with the current price near pivot point support at $227, while analyst sentiment remains cautiously optimistic with a $238.56 consensus target.
The outlook for PGR is positive given its operational strength and scale in auto insurance, though near-term performance depends on consistent earnings execution after recent misses. Key opportunities include continued premium growth and efficient capital deployment, while risks involve competitive pressures in the P&C insurance market and potential margin compression from claims inflation.
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 →Progressive underwrites private and commercial auto insurance and specialty lines
Read more on PGR →