AXON vs. BE: Axon Enterprise vs. Bloom Energy Stock Comparison

November 11, 2026

How do Axon Enterprise (AXON) and Bloom Energy (BE) 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

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

Company profile comparison for Axon Enterprise (AXON) and Bloom Energy (BE)
Profile Item	AXON	BE
Name	Axon Enterprise, Inc.	Bloom Energy Corp. Class A Common Stock
Country/Region	United States	United States
GICS Sector	Industrials	Industrials
GICS Industry Group	Capital Goods	Capital Goods
GICS Industry	Aerospace & Defense	Electrical Equipment
GICS Sub-Industry	Aerospace & Defense	Heavy Electrical Equipment
Market Capitalization	25.49 billion USD	51.20 billion USD
Currency	USD	USD
Exchange	Nasdaq	NYSE
Listing Date	June 19, 2001	July 25, 2018
Security Type	Common Stock	Common Stock

Price Performance

Cumulative Growth

AXON

GSPC

Axon Enterprise (AXON) vs. Bloom Energy (BE), 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 Axon Enterprise (AXON) and Bloom Energy (BE). Returns over one year are annualized.

Calendar-Year Returns

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

Performance Metrics

Price performance metrics for Axon Enterprise (AXON) and Bloom Energy (BE)
Metric	AXON	BE
Total Return (1Y)	-48.97%	46.07%
Total Return (3Y, Annualized)	12.54%	162.89%
Total Return (5Y, Annualized)	11.75%	41.93%

Risk Profile

Drawdown History

AXON

GSPC

Axon Enterprise (AXON) vs. Bloom Energy (BE), 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 Axon Enterprise (AXON) and Bloom Energy (BE). Each bar is the share of months whose return fell in that 5% bucket.

Risk Metrics

Risk profile metrics for Axon Enterprise (AXON) and Bloom Energy (BE)
Metric	AXON	BE
Volatility (1Y, Annualized)	64.30%	112.64%
Beta (5Y)	1.55	3.61
Max Drawdown (5Y)	-64.70%	-74.98%
Avg. Volume (3M)	1.06M	15.48M

Risk-Adjusted Performance

Risk-Return Positioning

AXON and BE 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 Axon Enterprise (AXON) and Bloom Energy (BE)
Metric	AXON	BE
Sharpe Ratio (1Y)	-0.83	0.37
Sortino Ratio (1Y)	-1.14	0.57

Profitability

ROE (TTM)

Bloom Energy (BE) at 39.61% sits in the top ROE quartile, while Axon Enterprise (AXON) at 7.61% is closer to the peer norm — stronger capital efficiency for BE.

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%

BE

Capital Goods industry group

39.61%

Max: 40.55%
BE: 39.61%
Q3: 19.29%
Median: 12.12%
Q1: 4.08%
Min: -17.12%

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

Net Margin (TTM)

Bloom Energy (BE) at 13.53% retains a top-quartile share of revenue as profit, ahead of Axon Enterprise (AXON) at 7.57%, which keeps about the industry-typical share.

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%

BE

Capital Goods industry group

13.53%

Max: 27.47%
BE: 13.53%
Q3: 12.10%
Median: 6.30%
Q1: 1.40%
Min: -12.89%

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

Operating Margin (TTM)

Bloom Energy (BE) at 18.49% carries a top-quartile operating margin, while Axon Enterprise (AXON) at 4.63% operates in the bottom quartile.

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%

BE

Capital Goods industry group

18.49%

Max: 36.60%
BE: 18.49%
Q3: 18.33%
Median: 11.12%
Q1: 5.14%
Min: -12.63%

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

Profitability Metrics

Profitability metrics for Axon Enterprise (AXON) and Bloom Energy (BE)
Metric	AXON	BE
ROE (TTM)	7.61%	39.61%
ROA (TTM)	0.81%	7.45%
Net Margin (TTM)	7.57%	13.53%
Operating Margin (TTM)	4.63%	18.49%
Gross Margin (TTM)	58.64%	31.77%

Growth

Revenue Growth

Both Axon Enterprise (AXON) at 33.47% and Bloom Energy (BE) at 37.33% sit in the top peer quartile for revenue growth, so each is growing its top line faster than typical industry peers.

Axon Enterprise (AXON) vs. Bloom Energy (BE): A comparison of their Revenue Growth across different time periods.

EPS Growth

Only one side can be read here: Axon Enterprise (AXON) reports EPS growth of -68.54%, ranked against its industry; Bloom Energy (BE) has no EPS growth figure this period.

Axon Enterprise (AXON) vs. Bloom Energy (BE): A comparison of their EPS Growth across different time periods.

Growth Metrics

Growth metrics for Axon Enterprise (AXON) and Bloom Energy (BE)
Metric	AXON	BE
Revenue Growth (YoY)	33.47%	37.33%
Revenue Growth (3Y CAGR)	32.79%	19.06%
EPS Growth (YoY)	-68.54%	--
EPS Growth (3Y CAGR)	-9.39%	--

Financial Strength

Current Ratio (MRQ)

Both Axon Enterprise (AXON) at 3.00 and Bloom Energy (BE) at 3.74 post current ratio above their industries’ typical mid-ranges — short-term liquidity appears comfortable, though unusually high readings can point to idle current assets.

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

BE

Capital Goods industry group

3.74

Max: 5.22
BE: 3.74
Q3: 2.95
Median: 2.08
Q1: 1.43
Min: 0.36

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

Debt / Equity (MRQ)

Axon Enterprise (AXON) at 0.79 carries an industry-typical debt-to-equity mix, while Bloom Energy (BE) at 1.42 uses more debt funding than most peers.

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

BE

Capital Goods industry group

1.42

Max: 2.33
BE: 1.42
Q3: 1.12
Median: 0.60
Q1: 0.29
Min: 0.00

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

Financial Strength Metrics

Financial strength metrics for Axon Enterprise (AXON) and Bloom Energy (BE)
Metric	AXON	BE
Current Ratio (MRQ)	3.00	3.74
Debt / Equity (MRQ)	0.79	1.42
Net Debt / EBITDA	5.98	0.50

Dividends

Dividend Yield (TTM)

Neither Axon Enterprise (AXON) nor Bloom Energy (BE) pays a dividend this period — they may reinvest, use buybacks, or simply not return cash through dividends.

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%

BE

Capital Goods industry group

0.00%

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

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

Dividend Payout Ratio (TTM)

Neither Axon Enterprise (AXON) nor Bloom Energy (BE) pays a dividend this period — they may reinvest, use buybacks, or simply not return cash through dividends.

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%

BE

Capital Goods industry group

0.00%

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

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

Dividend Metrics

Dividend metrics for Axon Enterprise (AXON) and Bloom Energy (BE)
Metric	AXON	BE
Dividend Yield (TTM)	0.00%	0.00%
Dividend Payout Ratio (TTM)	0.00%	0.00%

Valuation

P/E Ratio (TTM)

Both Axon Enterprise (AXON) at 100.64 and Bloom Energy (BE) at 104.99 trade above their industries’ P/E ratio peer ranges, pointing to unusually expensive trailing earnings relative to peers.

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

BE

Capital Goods industry group

104.99

BE: 104.99
Max: 59.38
Q3: 35.92
Median: 25.41
Q1: 19.47
Min: 3.03

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

P/S Ratio (TTM)

Both look expensive on sales: Axon Enterprise (AXON) at 7.46 sits in the upper P/S ratio quartile, and Bloom Energy (BE) at 13.37 prices even higher, above its industry range.

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

BE

Capital Goods industry group

13.37

BE: 13.37
Max: 7.54
Q3: 3.76
Median: 2.15
Q1: 1.03
Min: 0.03

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

P/B Ratio (MRQ)

Both look rich against book: Axon Enterprise (AXON) at 6.74 sits in the upper P/B ratio quartile, and Bloom Energy (BE) at 26.49 prices even higher, above its industry range.

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

BE

Capital Goods industry group

26.49

BE: 26.49
Max: 9.66
Q3: 5.00
Median: 3.12
Q1: 1.81
Min: -1.08

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

Valuation Metrics

Valuation metrics for Axon Enterprise (AXON) and Bloom Energy (BE)
Metric	AXON	BE
P/E Ratio (TTM)	100.64	104.99
P/S Ratio (TTM)	7.46	13.37
P/B Ratio (MRQ)	6.74	26.49
Free Cash Flow Yield (TTM)	0.38%	-0.00%