Garmin Ltd. vs Progressive Corp — how do they compare? Garmin Ltd. trades at $309.51 (market cap $59.72B), while Progressive Corp trades at $212 (market cap $123.45B). The key difference: Progressive Corp is far larger — about 2.1× Garmin Ltd.'s market cap, and Progressive Corp pays the higher dividend (6.55%). Which is the better fit depends on your goals.
| GRMN | PGR | |
|---|---|---|
Market Cap | $59.72B | $123.45B |
Sector | Technology | Financials |
52-Week High | $313.16 | $252.68 |
52-Week Low | $187.10 | $190.40 |
Enterprise Value | $57.23B | $131.66B |
Dividend Yield | 1.36% | 6.55% |
Trailing returns across standard periods
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 →