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Side-by-side financial comparison of APTARGROUP, INC. (ATR) and Garmin (GRMN). Click either name above to swap in a different company.

Garmin is the larger business by last-quarter revenue ($1.8B vs $982.9M, roughly 1.8× APTARGROUP, INC.). Garmin runs the higher net margin — 23.1% vs 7.4%, a 15.7% gap on every dollar of revenue. On growth, Garmin posted the faster year-over-year revenue change (14.0% vs 10.8%). Garmin produced more free cash flow last quarter ($469.4M vs $53.3M). Over the past eight quarters, Garmin's revenue compounded faster (7.9% CAGR vs 3.9%).

AptarGroup, Inc., also known as Aptar, is a United States–based global manufacturer of consumer dispensing packaging and drug delivery devices. The group has manufacturing operations in 18 countries.

Garmin Ltd. is an American multinational technology company based in Olathe, Kansas. The company designs, develops, manufactures, markets, and distributes GPS-enabled products and other navigation, communication, sensor-based, and information products to the automotive, aviation, marine, outdoors, and sport markets.

ATR vs GRMN — Head-to-Head

Bigger by revenue
GRMN
GRMN
1.8× larger
GRMN
$1.8B
$982.9M
ATR
Growing faster (revenue YoY)
GRMN
GRMN
+3.2% gap
GRMN
14.0%
10.8%
ATR
Higher net margin
GRMN
GRMN
15.7% more per $
GRMN
23.1%
7.4%
ATR
More free cash flow
GRMN
GRMN
$416.1M more FCF
GRMN
$469.4M
$53.3M
ATR
Faster 2-yr revenue CAGR
GRMN
GRMN
Annualised
GRMN
7.9%
3.9%
ATR

Income Statement — Q1 FY2026 vs Q1 FY2026

Metric
ATR
ATR
GRMN
GRMN
Revenue
$982.9M
$1.8B
Net Profit
$72.8M
$405.1M
Gross Margin
59.4%
Operating Margin
10.9%
24.6%
Net Margin
7.4%
23.1%
Revenue YoY
10.8%
14.0%
Net Profit YoY
-7.5%
21.7%
EPS (diluted)
$1.12
$2.09

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
ATR
ATR
GRMN
GRMN
Q1 26
$982.9M
$1.8B
Q4 25
$962.7M
$2.1B
Q3 25
$961.1M
$1.8B
Q2 25
$966.0M
$1.8B
Q1 25
$887.3M
$1.5B
Q4 24
$848.1M
$1.8B
Q3 24
$909.3M
$1.6B
Q2 24
$910.1M
$1.5B
Net Profit
ATR
ATR
GRMN
GRMN
Q1 26
$72.8M
$405.1M
Q4 25
$74.3M
$528.7M
Q3 25
$127.9M
$401.6M
Q2 25
$111.7M
$400.8M
Q1 25
$78.8M
$332.8M
Q4 24
$100.9M
$435.7M
Q3 24
$100.0M
$399.1M
Q2 24
$90.5M
$300.6M
Gross Margin
ATR
ATR
GRMN
GRMN
Q1 26
59.4%
Q4 25
59.2%
Q3 25
59.1%
Q2 25
58.8%
Q1 25
57.6%
Q4 24
59.3%
Q3 24
60.0%
Q2 24
57.3%
Operating Margin
ATR
ATR
GRMN
GRMN
Q1 26
10.9%
24.6%
Q4 25
11.0%
28.9%
Q3 25
14.2%
25.8%
Q2 25
14.9%
26.0%
Q1 25
12.8%
21.7%
Q4 24
14.2%
28.3%
Q3 24
15.2%
27.6%
Q2 24
13.8%
22.7%
Net Margin
ATR
ATR
GRMN
GRMN
Q1 26
7.4%
23.1%
Q4 25
7.7%
24.9%
Q3 25
13.3%
22.7%
Q2 25
11.6%
22.1%
Q1 25
8.9%
21.7%
Q4 24
11.9%
23.9%
Q3 24
11.0%
25.2%
Q2 24
9.9%
20.0%
EPS (diluted)
ATR
ATR
GRMN
GRMN
Q1 26
$1.12
$2.09
Q4 25
$1.13
$2.72
Q3 25
$1.92
$2.08
Q2 25
$1.67
$2.07
Q1 25
$1.17
$1.72
Q4 24
$1.48
$2.24
Q3 24
$1.48
$2.07
Q2 24
$1.34
$1.56

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
ATR
ATR
GRMN
GRMN
Cash + ST InvestmentsLiquidity on hand
$229.5M
$2.3B
Total DebtLower is stronger
Stockholders' EquityBook value
$2.6B
Total Assets
$5.1B
$11.0B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
ATR
ATR
GRMN
GRMN
Q1 26
$229.5M
$2.3B
Q4 25
$409.5M
$2.3B
Q3 25
$264.8M
$2.1B
Q2 25
$169.8M
$2.1B
Q1 25
$136.8M
$2.2B
Q4 24
$226.2M
$2.1B
Q3 24
$327.9M
$2.0B
Q2 24
$223.9M
$1.9B
Total Debt
ATR
ATR
GRMN
GRMN
Q1 26
Q4 25
$1.1B
Q3 25
$546.0M
Q2 25
$535.1M
Q1 25
$561.2M
Q4 24
$688.1M
Q3 24
$822.7M
Q2 24
$681.5M
Stockholders' Equity
ATR
ATR
GRMN
GRMN
Q1 26
$2.6B
Q4 25
$2.7B
$9.0B
Q3 25
$2.8B
$8.5B
Q2 25
$2.7B
$8.1B
Q1 25
$2.5B
$8.2B
Q4 24
$2.5B
$7.8B
Q3 24
$2.5B
$7.5B
Q2 24
$2.4B
$7.0B
Total Assets
ATR
ATR
GRMN
GRMN
Q1 26
$5.1B
$11.0B
Q4 25
$5.3B
$11.0B
Q3 25
$5.1B
$10.5B
Q2 25
$4.9B
$10.3B
Q1 25
$4.5B
$9.8B
Q4 24
$4.4B
$9.6B
Q3 24
$4.6B
$9.3B
Q2 24
$4.5B
$8.9B
Debt / Equity
ATR
ATR
GRMN
GRMN
Q1 26
Q4 25
0.43×
Q3 25
0.20×
Q2 25
0.20×
Q1 25
0.22×
Q4 24
0.28×
Q3 24
0.32×
Q2 24
0.28×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
ATR
ATR
GRMN
GRMN
Operating Cash FlowLast quarter
$536.0M
Free Cash FlowOCF − Capex
$53.3M
$469.4M
FCF MarginFCF / Revenue
5.4%
26.8%
Capex IntensityCapex / Revenue
6.7%
Cash ConversionOCF / Net Profit
1.32×
TTM Free Cash FlowTrailing 4 quarters
$327.0M
$1.5B

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
ATR
ATR
GRMN
GRMN
Q1 26
$536.0M
Q4 25
$183.7M
$553.8M
Q3 25
$177.6M
$485.6M
Q2 25
$126.0M
$173.2M
Q1 25
$82.7M
$420.8M
Q4 24
$178.2M
$483.9M
Q3 24
$229.3M
$258.0M
Q2 24
$143.6M
$255.3M
Free Cash Flow
ATR
ATR
GRMN
GRMN
Q1 26
$53.3M
$469.4M
Q4 25
$96.9M
$429.6M
Q3 25
$114.3M
$425.1M
Q2 25
$62.5M
$127.5M
Q1 25
$25.9M
$380.7M
Q4 24
$112.2M
$399.2M
Q3 24
$162.7M
$219.4M
Q2 24
$75.4M
$218.2M
FCF Margin
ATR
ATR
GRMN
GRMN
Q1 26
5.4%
26.8%
Q4 25
10.1%
20.2%
Q3 25
11.9%
24.0%
Q2 25
6.5%
7.0%
Q1 25
2.9%
24.8%
Q4 24
13.2%
21.9%
Q3 24
17.9%
13.8%
Q2 24
8.3%
14.5%
Capex Intensity
ATR
ATR
GRMN
GRMN
Q1 26
6.7%
Q4 25
9.0%
5.8%
Q3 25
6.6%
3.4%
Q2 25
6.6%
2.5%
Q1 25
6.4%
2.6%
Q4 24
7.8%
4.6%
Q3 24
7.3%
2.4%
Q2 24
7.5%
2.5%
Cash Conversion
ATR
ATR
GRMN
GRMN
Q1 26
1.32×
Q4 25
2.47×
1.05×
Q3 25
1.39×
1.21×
Q2 25
1.13×
0.43×
Q1 25
1.05×
1.26×
Q4 24
1.77×
1.11×
Q3 24
2.29×
0.65×
Q2 24
1.59×
0.85×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

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