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

Garmin is the larger business by last-quarter revenue ($2.1B vs $1.1B, roughly 2.0× CHART INDUSTRIES INC). Garmin runs the higher net margin — 24.9% vs 5.0%, a 19.9% gap on every dollar of revenue. On growth, Garmin posted the faster year-over-year revenue change (16.6% vs -2.5%). Garmin produced more free cash flow last quarter ($429.6M vs $66.2M). Over the past eight quarters, Garmin's revenue compounded faster (24.0% CAGR vs 6.6%).

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.

Oricon Inc. , established in 1999, is the holding company at the head of a Japanese corporate group that supplies statistics and information on music and the music industry in Japan and Western music. It started as Original Confidence Inc. , which was founded by Sōkō Koike in November 1967 and became known for its music charts. Oricon Inc. was originally set up as a subsidiary of Original Confidence and took over the latter's Oricon record charts in April 2002.

GRMN vs GTLS — Head-to-Head

Bigger by revenue
GRMN
GRMN
2.0× larger
GRMN
$2.1B
$1.1B
GTLS
Growing faster (revenue YoY)
GRMN
GRMN
+19.0% gap
GRMN
16.6%
-2.5%
GTLS
Higher net margin
GRMN
GRMN
19.9% more per $
GRMN
24.9%
5.0%
GTLS
More free cash flow
GRMN
GRMN
$363.4M more FCF
GRMN
$429.6M
$66.2M
GTLS
Faster 2-yr revenue CAGR
GRMN
GRMN
Annualised
GRMN
24.0%
6.6%
GTLS

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
GRMN
GRMN
GTLS
GTLS
Revenue
$2.1B
$1.1B
Net Profit
$528.7M
$53.6M
Gross Margin
59.2%
33.3%
Operating Margin
28.9%
11.6%
Net Margin
24.9%
5.0%
Revenue YoY
16.6%
-2.5%
Net Profit YoY
21.3%
-32.7%
EPS (diluted)
$2.72
$1.06

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
GRMN
GRMN
GTLS
GTLS
Q4 25
$2.1B
$1.1B
Q3 25
$1.8B
$1.1B
Q2 25
$1.8B
$1.1B
Q1 25
$1.5B
$1.0B
Q4 24
$1.8B
$1.1B
Q3 24
$1.6B
$1.1B
Q2 24
$1.5B
$1.0B
Q1 24
$1.4B
$950.7M
Net Profit
GRMN
GRMN
GTLS
GTLS
Q4 25
$528.7M
$53.6M
Q3 25
$401.6M
$-138.5M
Q2 25
$400.8M
$76.1M
Q1 25
$332.8M
$49.5M
Q4 24
$435.7M
$79.6M
Q3 24
$399.1M
$69.0M
Q2 24
$300.6M
$58.6M
Q1 24
$276.0M
$11.3M
Gross Margin
GRMN
GRMN
GTLS
GTLS
Q4 25
59.2%
33.3%
Q3 25
59.1%
34.1%
Q2 25
58.8%
33.6%
Q1 25
57.6%
33.9%
Q4 24
59.3%
33.6%
Q3 24
60.0%
34.1%
Q2 24
57.3%
33.8%
Q1 24
58.1%
31.8%
Operating Margin
GRMN
GRMN
GTLS
GTLS
Q4 25
28.9%
11.6%
Q3 25
25.8%
-8.0%
Q2 25
26.0%
15.7%
Q1 25
21.7%
15.2%
Q4 24
28.3%
17.0%
Q3 24
27.6%
16.8%
Q2 24
22.7%
16.1%
Q1 24
21.6%
11.9%
Net Margin
GRMN
GRMN
GTLS
GTLS
Q4 25
24.9%
5.0%
Q3 25
22.7%
-12.6%
Q2 25
22.1%
7.0%
Q1 25
21.7%
4.9%
Q4 24
23.9%
7.2%
Q3 24
25.2%
6.5%
Q2 24
20.0%
5.6%
Q1 24
20.0%
1.2%
EPS (diluted)
GRMN
GRMN
GTLS
GTLS
Q4 25
$2.72
$1.06
Q3 25
$2.08
$-3.23
Q2 25
$2.07
$1.53
Q1 25
$1.72
$0.94
Q4 24
$2.24
$1.57
Q3 24
$2.07
$1.33
Q2 24
$1.56
$1.10
Q1 24
$1.43
$0.10

Balance Sheet & Financial Strength

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

Metric
GRMN
GRMN
GTLS
GTLS
Cash + ST InvestmentsLiquidity on hand
$2.3B
$366.0M
Total DebtLower is stronger
$3.7B
Stockholders' EquityBook value
$9.0B
$3.2B
Total Assets
$11.0B
$9.8B
Debt / EquityLower = less leverage
1.13×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
GRMN
GRMN
GTLS
GTLS
Q4 25
$2.3B
$366.0M
Q3 25
$2.1B
$399.2M
Q2 25
$2.1B
$342.3M
Q1 25
$2.2B
$296.2M
Q4 24
$2.1B
$308.6M
Q3 24
$2.0B
$310.2M
Q2 24
$1.9B
$247.4M
Q1 24
$1.9B
$191.9M
Total Debt
GRMN
GRMN
GTLS
GTLS
Q4 25
$3.7B
Q3 25
Q2 25
Q1 25
Q4 24
$3.8B
Q3 24
Q2 24
Q1 24
Stockholders' Equity
GRMN
GRMN
GTLS
GTLS
Q4 25
$9.0B
$3.2B
Q3 25
$8.5B
$3.2B
Q2 25
$8.1B
$3.4B
Q1 25
$8.2B
$3.0B
Q4 24
$7.8B
$2.8B
Q3 24
$7.5B
$3.0B
Q2 24
$7.0B
$2.7B
Q1 24
$7.2B
$2.7B
Total Assets
GRMN
GRMN
GTLS
GTLS
Q4 25
$11.0B
$9.8B
Q3 25
$10.5B
$9.8B
Q2 25
$10.3B
$9.7B
Q1 25
$9.8B
$9.3B
Q4 24
$9.6B
$9.1B
Q3 24
$9.3B
$9.5B
Q2 24
$8.9B
$9.3B
Q1 24
$8.6B
$9.2B
Debt / Equity
GRMN
GRMN
GTLS
GTLS
Q4 25
1.13×
Q3 25
Q2 25
Q1 25
Q4 24
1.33×
Q3 24
Q2 24
Q1 24

Cash Flow & Capital Efficiency

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

Metric
GRMN
GRMN
GTLS
GTLS
Operating Cash FlowLast quarter
$553.8M
$88.8M
Free Cash FlowOCF − Capex
$429.6M
$66.2M
FCF MarginFCF / Revenue
20.2%
6.1%
Capex IntensityCapex / Revenue
5.8%
2.1%
Cash ConversionOCF / Net Profit
1.05×
1.66×
TTM Free Cash FlowTrailing 4 quarters
$1.4B
$202.8M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
GRMN
GRMN
GTLS
GTLS
Q4 25
$553.8M
$88.8M
Q3 25
$485.6M
$118.0M
Q2 25
$173.2M
$145.9M
Q1 25
$420.8M
$-60.0M
Q4 24
$483.9M
$281.4M
Q3 24
$258.0M
$200.6M
Q2 24
$255.3M
$116.1M
Q1 24
$435.3M
$-95.1M
Free Cash Flow
GRMN
GRMN
GTLS
GTLS
Q4 25
$429.6M
$66.2M
Q3 25
$425.1M
$94.7M
Q2 25
$127.5M
$122.0M
Q1 25
$380.7M
$-80.1M
Q4 24
$399.2M
$260.9M
Q3 24
$219.4M
$174.5M
Q2 24
$218.2M
$88.0M
Q1 24
$402.1M
$-141.2M
FCF Margin
GRMN
GRMN
GTLS
GTLS
Q4 25
20.2%
6.1%
Q3 25
24.0%
8.6%
Q2 25
7.0%
11.3%
Q1 25
24.8%
-8.0%
Q4 24
21.9%
23.6%
Q3 24
13.8%
16.4%
Q2 24
14.5%
8.5%
Q1 24
29.1%
-14.9%
Capex Intensity
GRMN
GRMN
GTLS
GTLS
Q4 25
5.8%
2.1%
Q3 25
3.4%
2.1%
Q2 25
2.5%
2.2%
Q1 25
2.6%
2.0%
Q4 24
4.6%
1.9%
Q3 24
2.4%
2.5%
Q2 24
2.5%
2.7%
Q1 24
2.4%
4.8%
Cash Conversion
GRMN
GRMN
GTLS
GTLS
Q4 25
1.05×
1.66×
Q3 25
1.21×
Q2 25
0.43×
1.92×
Q1 25
1.26×
-1.21×
Q4 24
1.11×
3.54×
Q3 24
0.65×
2.91×
Q2 24
0.85×
1.98×
Q1 24
1.58×
-8.42×

Financial Flow Comparison

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

Revenue Breakdown by Segment

GRMN
GRMN

Fitness Segment$765.8M36%
Outdoor Segment$627.6M30%
Marine Segment$296.9M14%
Aviation Segment$274.2M13%
Auto Oem Segment$160.4M8%

GTLS
GTLS

Repair Service And Leasing Segment$330.4M31%
Heat Transfer Systems Segment$325.8M30%
Specialty Products Segment$259.5M24%
Transferred Over Time$94.4M9%
Transferred At Point In Time$69.5M6%

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