GRMN vs MELI
GRMN: Garmin designs and manufactures GPS-enabled wearables, navigation systems, and location-based products for fitness, outdoor, aviation, marine, and automotive markets. MELI: Latin America's leading e-commerce and fintech ecosystem, combining marketplace transactions, digital payments, logistics, and advertising into a unified platform serving 650M+ regional consumers.
Side-by-side fundamentals
| Metric | GRMN | MELI | Edge |
|---|---|---|---|
| Price as of 2026-07-09 close | $244.51 | $1,807.83 | |
| Market cap as of 2026-07-10 | $47.3B | $90.3B | |
| P/E as of 2026-07-10 | 27.22 | 47.03 | GRMN lower |
| PEG as of 2026-07-10 | 3.34 | 1.12 | MELI lower |
| Net margin as of 2026-07-10 | +23.3% | +6.0% | GRMN higher |
| Gross margin as of 2026-07-10 | +59.1% | +43.9% | GRMN higher |
| Operating margin as of 2026-07-10 | +26.5% | +9.6% | GRMN higher |
| ROE as of 2026-07-10 | +19.9% | +29.6% | MELI higher |
| ROA as of 2026-07-10 | +16.2% | +4.8% | GRMN higher |
| Debt / equity as of 2026-07-10 | 0.00 | 1.36 | GRMN lower |
| Revenue growth (YoY) as of 2026-07-10 | +15.7% | +42.1% | MELI higher |
| Revenue CAGR (3y) SEC XBRL | +14.2% | +39.8% | MELI higher |
| Dividend yield as of 2026-07-10 | +1.7% | n/a | |
| Dividend streak (yrs) SEC XBRL | 5 | 3 | GRMN higher |
| Beta as of 2026-07-10 | 0.90 | 1.34 | |
| 1-year return as of 2026-07-09 close | +12.6% | -27.0% | GRMN higher |
Fundamentals: Finnhub, as of 2026-07-10. Filings: SEC EDGAR. Prices are delayed daily-close data.
Last updated 2026-07-09.
Informational only — NOT financial advice. All figures are delayed daily-close data from SEC EDGAR & Finnhub, shown with their as-of date; "Edge" cells are a pure numeric comparison, not a recommendation.