Stacking Up AXON Against Its Peers – Is It Still a Buy?
Here is how Axon Enterprise (AXON) stacks up against its peers in size, valuation, growth and margin.
- AXON’s operating margin of 1.5% is modest, and lower than most peers – trailing TDG (46.3%).
- AXON’s revenue growth of 32.7% in the last 12 months is solid, outpacing TXT, HWM, HII, SPR, TDG.
- AXON gained 203.0% in the past year and trades at a PE of 201.0, outperforming its peers.
| AXON | TXT | HWM | HII | SPR | TDG | |
|---|---|---|---|---|---|---|
| Market Cap ($ Bil) | 66.7 | 14.2 | 73.4 | 10.4 | 4.6 | 82.3 |
| Revenue ($ Bil) | 2.2 | 13.9 | 7.5 | 11.5 | 6.1 | 8.4 |
| PE Ratio | 201.0 | 17.1 | 58.4 | 19.1 | -2.1 | 43.3 |
| LTM Revenue Growth | 32.7% | 0.6% | 10.0% | -1.0% | -2.9% | 14.8% |
| LTM Operating Margin | 1.5% | 6.2% | 23.2% | 4.3% | -29.8% | 46.3% |
| LTM FCF Margin | 16.3% | 3.9% | 13.5% | -1.4% | -21.2% | 22.7% |
| 12M Market Return | 203.0% | -7.8% | 107.3% | 8.5% | 17.1% | 23.7% |
Axon Enterprise develops and sells TASER conducted energy devices and provides hardware and cloud software for capturing, storing, managing, and analyzing digital evidence for law enforcement.
Why does this matter? AXON just went up 19% in a week – peer comparison puts stock performance, valuation, and financials in context – highlighting whether it is truly outperforming, lagging behind, and above all – can this continue? Read Buy or Sell AXON Stock to see if Axon Enterprise holds up as a quality investment. Furthermore, there is always a risk of fall after a strong rally – see how the stock has dipped and recovered in the past through AXON Dip Buyer Analysis lens.
While peer comparison is critical Trefis High Quality Portfolio evaluates much more, and is designed to reduce stock-specific risks while giving upside exposure.
Revenue Growth Comparison
| LTM | 2024 | 2023 | 2022 | |
|---|---|---|---|---|
| AXON | 32.7% | 33.4% | 31.5% | 37.5% |
| TXT | 0.6% | 0.1% | 6.3% | 3.9% |
| HWM | 10.0% | 11.9% | 17.3% | 13.9% |
| HII | -1.0% | 0.7% | 7.3% | 12.1% |
| SPR | -2.9% | 4.4% | 20.2% | 27.2% |
| TDG | 14.8% | 20.6% | 21.3% | 13.2% |
Operating Margin Comparison
| LTM | 2024 | 2023 | 2022 | |
|---|---|---|---|---|
| AXON | 1.5% | 2.8% | 10.0% | 7.8% |
| TXT | 6.2% | 6.2% | 7.7% | 6.9% |
| HWM | 23.2% | 22.1% | 18.3% | 17.4% |
| HII | 4.3% | 4.2% | 6.5% | 4.8% |
| SPR | -29.8% | -28.3% | -2.7% | -5.7% |
| TDG | 46.3% | 45.1% | 44.5% | 40.8% |
PE Ratio Comparison
| LTM | 2024 | 2023 | 2022 | |
|---|---|---|---|---|
| AXON | 191.9 | 119.4 | 109.0 | 80.3 |
| TXT | 17.6 | 17.5 | 17.4 | 17.5 |
| HWM | 60.0 | 38.6 | 29.1 | 35.0 |
| HII | 17.4 | 13.5 | 15.2 | 16.0 |
| SPR | -1.9 | -1.9 | -5.5 | -5.7 |
| TDG | 46.5 | 42.7 | 44.6 | 42.3 |
The Trefis High Quality (HQ) Portfolio, with a collection of 30 stocks, has a track record of comfortably outperforming the S&P 500 over the last 4-year period. Why is that? As a group, HQ Portfolio stocks provided better returns with less risk versus the benchmark index; less of a roller-coaster ride, as evident in HQ Portfolio performance metrics.