AME vs. AXON: AMETEK vs. Axon Enterprise Stock Comparison

November 11, 2026

How do AMETEK (AME) and Axon Enterprise (AXON) stack up? This page sets them side by side across company profile, performance and risk, profitability, growth, financial strength, dividends, and valuation, with selected fundamentals also measured against each stock's industry-group peers.

Company Profile

AMETEK (AME) and Axon Enterprise (AXON) both fall under the Capital Goods industry group, but AME is classified in Electrical Equipment while AXON is classified in Aerospace & Defense.

Company profile comparison for AMETEK (AME) and Axon Enterprise (AXON)
Profile Item	AME	AXON
Name	AMETEK, Inc.	Axon Enterprise, Inc.
Country/Region	United States	United States
GICS Sector	Industrials	Industrials
GICS Industry Group	Capital Goods	Capital Goods
GICS Industry	Electrical Equipment	Aerospace & Defense
GICS Sub-Industry	Electrical Components & Equipment	Aerospace & Defense
Market Capitalization	52.44 billion USD	25.49 billion USD
Currency	USD	USD
Exchange	NYSE	Nasdaq
Listing Date	July 19, 1984	June 19, 2001
Security Type	Common Stock	Common Stock

Price Performance

Cumulative Growth

AME

AXON

GSPC

AMETEK (AME) vs. Axon Enterprise (AXON), with S&P 500 (GSPC) for reference: Growth of a $10,000 investment over the past five years. Adjusted for dividends and splits.

Trailing Returns

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Trailing total returns for AMETEK (AME) and Axon Enterprise (AXON). Returns over one year are annualized.

Calendar-Year Returns

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Calendar-year total returns for AMETEK (AME) and Axon Enterprise (AXON). Each bar is that year's total return, measured year-end to year-end.

Performance Metrics

Price performance metrics for AMETEK (AME) and Axon Enterprise (AXON)
Metric	AME	AXON
Total Return (1Y)	22.79%	-48.97%
Total Return (3Y, Annualized)	18.31%	12.54%
Total Return (5Y, Annualized)	12.17%	11.75%

Risk Profile

Drawdown History

AME

AXON

GSPC

AMETEK (AME) vs. Axon Enterprise (AXON), with S&P 500 (GSPC) for reference: Drawdown from the running peak over the past five years. Each line shows the decline from its prior peak; 0% marks a new high.

Return Distribution

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Distribution of monthly total returns for AMETEK (AME) and Axon Enterprise (AXON). Each bar is the share of months whose return fell in that 5% bucket.

Risk Metrics

Risk profile metrics for AMETEK (AME) and Axon Enterprise (AXON)
Metric	AME	AXON
Volatility (1Y, Annualized)	24.96%	64.30%
Beta (5Y)	0.96	1.55
Max Drawdown (5Y)	-27.06%	-64.70%
Avg. Volume (3M)	1.45M	1.06M

Risk-Adjusted Performance

Risk-Return Positioning

AME and AXON are plotted by 1-year volatility (risk) and 1-year return. The dashed Capital Allocation Line runs from the risk-free rate through the shared industry median.

Risk-Adjusted Metrics

Risk-adjusted metrics for AMETEK (AME) and Axon Enterprise (AXON)
Metric	AME	AXON
Sharpe Ratio (1Y)	0.74	-0.83
Sortino Ratio (1Y)	1.06	-1.14

Profitability

ROE (TTM)

Both AMETEK (AME) at 14.68% and Axon Enterprise (AXON) at 7.61% land near their industries’ usual ROE ranges, so capital efficiency looks broadly in line with peers on both sides.

AME

Capital Goods industry group

14.68%

Max: 40.55%
Q3: 19.29%
AME: 14.68%
Median: 12.12%
Q1: 4.08%
Min: -17.12%

AXON

Capital Goods industry group

7.61%

Max: 40.55%
Q3: 19.29%
Median: 12.12%
AXON: 7.61%
Q1: 4.08%
Min: -17.12%

AMETEK (AME) vs. Axon Enterprise (AXON): A comparison of their ROE against the Capital Goods industry group benchmark.

Net Margin (TTM)

AMETEK (AME) at 19.91% retains a top-quartile share of revenue as profit, ahead of Axon Enterprise (AXON) at 7.57%, which keeps about the industry-typical share.

AME

Capital Goods industry group

19.91%

Max: 27.47%
AME: 19.91%
Q3: 12.10%
Median: 6.30%
Q1: 1.40%
Min: -12.89%

AXON

Capital Goods industry group

7.57%

Max: 27.47%
Q3: 12.10%
AXON: 7.57%
Median: 6.30%
Q1: 1.40%
Min: -12.89%

AMETEK (AME) vs. Axon Enterprise (AXON): A comparison of their net margin against the Capital Goods industry group benchmark.

Operating Margin (TTM)

AMETEK (AME) at 26.38% carries a top-quartile operating margin, while Axon Enterprise (AXON) at 4.63% operates in the bottom quartile.

AME

Capital Goods industry group

26.38%

Max: 36.60%
AME: 26.38%
Q3: 18.33%
Median: 11.12%
Q1: 5.14%
Min: -12.63%

AXON

Capital Goods industry group

4.63%

Max: 36.60%
Q3: 18.33%
Median: 11.12%
Q1: 5.14%
AXON: 4.63%
Min: -12.63%

AMETEK (AME) vs. Axon Enterprise (AXON): A comparison of their operating margin against the Capital Goods industry group benchmark.

Profitability Metrics

Profitability metrics for AMETEK (AME) and Axon Enterprise (AXON)
Metric	AME	AXON
ROE (TTM)	14.68%	7.61%
ROA (TTM)	7.06%	0.81%
Net Margin (TTM)	19.91%	7.57%
Operating Margin (TTM)	26.38%	4.63%
Gross Margin (TTM)	36.97%	58.64%

Growth

Revenue Growth

Axon Enterprise (AXON) at 33.47% sits in the top revenue growth quartile, while AMETEK (AME) at 6.63% is closer to the peer norm — faster top-line expansion for AXON.

AMETEK (AME) vs. Axon Enterprise (AXON): A comparison of their Revenue Growth across different time periods.

EPS Growth

AMETEK (AME) at 7.93% is around its peer norm for EPS growth, while Axon Enterprise (AXON) at -68.54% drops into the bottom quartile, signaling weaker earnings momentum.

AMETEK (AME) vs. Axon Enterprise (AXON): A comparison of their EPS Growth across different time periods.

Growth Metrics

Growth metrics for AMETEK (AME) and Axon Enterprise (AXON)
Metric	AME	AXON
Revenue Growth (YoY)	6.63%	33.47%
Revenue Growth (3Y CAGR)	6.36%	32.79%
EPS Growth (YoY)	7.93%	-68.54%
EPS Growth (3Y CAGR)	8.50%	-9.39%

Financial Strength

Current Ratio (MRQ)

AMETEK (AME) at 1.43 keeps current ratio within its industry’s typical mid-range, while Axon Enterprise (AXON) at 3.00 sits above its industry’s typical mid-range — comfortable liquidity, though possibly with more idle current assets relative to peers.

AME

Capital Goods industry group

1.43

Max: 5.22
Q3: 2.95
Median: 2.08
AME: 1.43
Q1: 1.43
Min: 0.36

AXON

Capital Goods industry group

3.00

Max: 5.22
AXON: 3.00
Q3: 2.95
Median: 2.08
Q1: 1.43
Min: 0.36

AMETEK (AME) vs. Axon Enterprise (AXON): A comparison of their current ratio against the Capital Goods industry group benchmark.

Debt / Equity (MRQ)

Both AMETEK (AME) at 0.60 and Axon Enterprise (AXON) at 0.79 fund their balance sheets with roughly industry-typical debt-to-equity mixes.

AME

Capital Goods industry group

0.60

Max: 2.33
Q3: 1.12
AME: 0.60
Median: 0.60
Q1: 0.29
Min: 0.00

AXON

Capital Goods industry group

0.79

Max: 2.33
Q3: 1.12
AXON: 0.79
Median: 0.60
Q1: 0.29
Min: 0.00

AMETEK (AME) vs. Axon Enterprise (AXON): A comparison of their debt-to-equity ratio against the Capital Goods industry group benchmark.

Financial Strength Metrics

Financial strength metrics for AMETEK (AME) and Axon Enterprise (AXON)
Metric	AME	AXON
Current Ratio (MRQ)	1.43	3.00
Debt / Equity (MRQ)	0.60	0.79
Net Debt / EBITDA	2.41	5.98

Dividends

Dividend Yield (TTM)

Axon Enterprise (AXON) pays no dividend (yield 0.00%) — it may be reinvesting, using buybacks, or simply not returning cash through dividends. Meanwhile AMETEK (AME) reports a yield of 0.60%, ranking against industry peers normally.

AME

Capital Goods industry group

0.60%

Max: 2.66%
Q3: 1.14%
AME: 0.60%
Median: 0.24%
Q1: 0.00%
Min: 0.00%

AXON

Capital Goods industry group

0.00%

Max: 2.66%
Q3: 1.14%
Median: 0.24%
AXON: 0.00%
Q1: 0.00%
Min: 0.00%

AMETEK (AME) vs. Axon Enterprise (AXON): A comparison of their dividend yield against the Capital Goods industry group benchmark.

Dividend Payout Ratio (TTM)

Axon Enterprise (AXON) pays no dividend (payout 0.00%) — it may be reinvesting, using buybacks, or simply not returning cash through dividends. Meanwhile AMETEK (AME) reports a payout of 18.76%, ranking against industry peers normally.

AME

Capital Goods industry group

18.76%

Max: 67.39%
Q3: 28.02%
AME: 18.76%
Median: 6.86%
Q1: 0.00%
Min: 0.00%

AXON

Capital Goods industry group

0.00%

Max: 67.39%
Q3: 28.02%
Median: 6.86%
AXON: 0.00%
Q1: 0.00%
Min: 0.00%

AMETEK (AME) vs. Axon Enterprise (AXON): A comparison of their payout ratio against the Capital Goods industry group benchmark.

Dividend Metrics

Dividend metrics for AMETEK (AME) and Axon Enterprise (AXON)
Metric	AME	AXON
Dividend Yield (TTM)	0.60%	0.00%
Dividend Payout Ratio (TTM)	18.76%	0.00%

Valuation

P/E Ratio (TTM)

AMETEK (AME) at 32.25 is near its industry’s usual P/E ratio, while Axon Enterprise (AXON) at 100.64 sits above its peer range — an unusually expensive price for AXON’s trailing earnings.

AME

Capital Goods industry group

32.25

Max: 59.38
Q3: 35.92
AME: 32.25
Median: 25.41
Q1: 19.47
Min: 3.03

AXON

Capital Goods industry group

100.64

AXON: 100.64
Max: 59.38
Q3: 35.92
Median: 25.41
Q1: 19.47
Min: 3.03

AMETEK (AME) vs. Axon Enterprise (AXON): A comparison of their P/E ratio against the Capital Goods industry group benchmark.

P/S Ratio (TTM)

Both AMETEK (AME) at 6.40 and Axon Enterprise (AXON) at 7.46 command a richer price per dollar of sales than most peers, sitting in the upper P/S ratio quartile of their industries.

AME

Capital Goods industry group

6.40

Max: 7.54
AME: 6.40
Q3: 3.76
Median: 2.15
Q1: 1.03
Min: 0.03

AXON

Capital Goods industry group

7.46

Max: 7.54
AXON: 7.46
Q3: 3.76
Median: 2.15
Q1: 1.03
Min: 0.03

AMETEK (AME) vs. Axon Enterprise (AXON): A comparison of their P/S ratio against the Capital Goods industry group benchmark.

P/B Ratio (MRQ)

AMETEK (AME) at 4.48 is valued about in line with its industry on P/B ratio, while Axon Enterprise (AXON) at 6.74 carries an above-peer premium to book — AXON is pricier on assets.

AME

Capital Goods industry group

4.48

Max: 9.66
Q3: 5.00
AME: 4.48
Median: 3.12
Q1: 1.81
Min: -1.08

AXON

Capital Goods industry group

6.74

Max: 9.66
AXON: 6.74
Q3: 5.00
Median: 3.12
Q1: 1.81
Min: -1.08

AMETEK (AME) vs. Axon Enterprise (AXON): A comparison of their P/B ratio against the Capital Goods industry group benchmark.

Valuation Metrics

Valuation metrics for AMETEK (AME) and Axon Enterprise (AXON)
Metric	AME	AXON
P/E Ratio (TTM)	32.25	100.64
P/S Ratio (TTM)	6.40	7.46
P/B Ratio (MRQ)	4.48	6.74
Free Cash Flow Yield (TTM)	2.89%	0.38%