AXON vs. BWXT: Axon Enterprise vs. BWX Technologies Stock Comparison

November 11, 2026

How do Axon Enterprise (AXON) and BWX Technologies (BWXT) 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 BWX Technologies (BWXT) are both classified in the Aerospace & Defense sub-industry within the broader Aerospace & Defense industry, placing them in the closest GICS peer bucket.

Company profile comparison for Axon Enterprise (AXON) and BWX Technologies (BWXT)
Profile Item	AXON	BWXT
Name	Axon Enterprise, Inc.	BWX Technologies, Inc.
Country/Region	United States	United States
GICS Sector	Industrials	Industrials
GICS Industry Group	Capital Goods	Capital Goods
GICS Industry	Aerospace & Defense	Aerospace & Defense
GICS Sub-Industry	Aerospace & Defense	Aerospace & Defense
Market Capitalization	25.49 billion USD	10.95 billion USD
Currency	USD	USD
Exchange	Nasdaq	NYSE
Listing Date	June 19, 2001	August 2, 2010
Security Type	Common Stock	Common Stock

Price Performance

Cumulative Growth

AXON

BWXT

GSPC

Axon Enterprise (AXON) vs. BWX Technologies (BWXT), 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

Loading price history…

Trailing total returns for Axon Enterprise (AXON) and BWX Technologies (BWXT). Returns over one year are annualized.

Calendar-Year Returns

Loading price history…

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

Performance Metrics

Price performance metrics for Axon Enterprise (AXON) and BWX Technologies (BWXT)
Metric	AXON	BWXT
Total Return (1Y)	-48.97%	-33.33%
Total Return (3Y, Annualized)	12.54%	20.43%
Total Return (5Y, Annualized)	11.75%	20.57%

Risk Profile

Drawdown History

AXON

BWXT

GSPC

Axon Enterprise (AXON) vs. BWX Technologies (BWXT), 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

Loading price history…

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

Risk Metrics

Risk profile metrics for Axon Enterprise (AXON) and BWX Technologies (BWXT)
Metric	AXON	BWXT
Volatility (1Y, Annualized)	64.30%	45.97%
Beta (5Y)	1.55	0.73
Max Drawdown (5Y)	-64.70%	-51.64%
Avg. Volume (3M)	1.06M	1.19M

Risk-Adjusted Performance

Risk-Return Positioning

AXON and BWXT 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 BWX Technologies (BWXT)
Metric	AXON	BWXT
Sharpe Ratio (1Y)	-0.83	-0.82
Sortino Ratio (1Y)	-1.14	-1.11

Profitability

ROE (TTM)

BWX Technologies (BWXT) at 28.27% sits in the top ROE quartile, while Axon Enterprise (AXON) at 7.61% is closer to the peer norm — stronger capital efficiency for BWXT.

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%

BWXT

Capital Goods industry group

28.27%

Max: 40.55%
BWXT: 28.27%
Q3: 19.29%
Median: 12.12%
Q1: 4.08%
Min: -17.12%

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

Net Margin (TTM)

Both Axon Enterprise (AXON) at 7.57% and BWX Technologies (BWXT) at 10.41% keep about the typical share of revenue as profit for their industries — neither bottom line stands out from peers.

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%

BWXT

Capital Goods industry group

10.41%

Max: 27.47%
Q3: 12.10%
BWXT: 10.41%
Median: 6.30%
Q1: 1.40%
Min: -12.89%

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

Operating Margin (TTM)

BWX Technologies (BWXT) at 11.55% runs core operations around its industry’s norm, 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%

BWXT

Capital Goods industry group

11.55%

Max: 36.60%
Q3: 18.33%
BWXT: 11.55%
Median: 11.12%
Q1: 5.14%
Min: -12.63%

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

Profitability Metrics

Profitability metrics for Axon Enterprise (AXON) and BWX Technologies (BWXT)
Metric	AXON	BWXT
ROE (TTM)	7.61%	28.27%
ROA (TTM)	0.81%	5.49%
Net Margin (TTM)	7.57%	10.41%
Operating Margin (TTM)	4.63%	11.55%
Gross Margin (TTM)	58.64%	22.61%

Growth

Revenue Growth

Axon Enterprise (AXON) at 33.47% sits in the top revenue growth quartile, while BWX Technologies (BWXT) at 18.30% is closer to the peer norm — faster top-line expansion for AXON.

Axon Enterprise (AXON) vs. BWX Technologies (BWXT): A comparison of their Revenue Growth across different time periods.

EPS Growth

BWX Technologies (BWXT) at 16.61% is around its peer norm for EPS growth, while Axon Enterprise (AXON) at -68.54% drops into the bottom quartile, signaling weaker earnings momentum.

Axon Enterprise (AXON) vs. BWX Technologies (BWXT): A comparison of their EPS Growth across different time periods.

Growth Metrics

Growth metrics for Axon Enterprise (AXON) and BWX Technologies (BWXT)
Metric	AXON	BWXT
Revenue Growth (YoY)	33.47%	18.30%
Revenue Growth (3Y CAGR)	32.79%	12.73%
EPS Growth (YoY)	-68.54%	16.61%
EPS Growth (3Y CAGR)	-9.39%	11.25%

Financial Strength

Current Ratio (MRQ)

BWX Technologies (BWXT) at 1.88 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.

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

BWXT

Capital Goods industry group

1.88

Max: 5.22
Q3: 2.95
Median: 2.08
BWXT: 1.88
Q1: 1.43
Min: 0.36

Axon Enterprise (AXON) vs. BWX Technologies (BWXT): 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 BWX Technologies (BWXT) at 1.43 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

BWXT

Capital Goods industry group

1.43

Max: 2.33
BWXT: 1.43
Q3: 1.12
Median: 0.60
Q1: 0.29
Min: 0.00

Axon Enterprise (AXON) vs. BWX Technologies (BWXT): 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 BWX Technologies (BWXT)
Metric	AXON	BWXT
Current Ratio (MRQ)	3.00	1.88
Debt / Equity (MRQ)	0.79	1.43
Net Debt / EBITDA	5.98	2.92

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 BWX Technologies (BWXT) reports a yield of 0.92%, ranking against industry peers normally.

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%

BWXT

Capital Goods industry group

0.92%

Max: 2.66%
Q3: 1.14%
BWXT: 0.92%
Median: 0.24%
Q1: 0.00%
Min: 0.00%

Axon Enterprise (AXON) vs. BWX Technologies (BWXT): 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 BWX Technologies (BWXT) reports a payout of 26.04%, ranking against industry peers normally.

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%

BWXT

Capital Goods industry group

26.04%

Max: 67.39%
Q3: 28.02%
BWXT: 26.04%
Median: 6.86%
Q1: 0.00%
Min: 0.00%

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

Dividend Metrics

Dividend metrics for Axon Enterprise (AXON) and BWX Technologies (BWXT)
Metric	AXON	BWXT
Dividend Yield (TTM)	0.00%	0.92%
Dividend Payout Ratio (TTM)	0.00%	26.04%

Valuation

P/E Ratio (TTM)

BWX Technologies (BWXT) at 29.37 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.

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

BWXT

Capital Goods industry group

29.37

Max: 59.38
Q3: 35.92
BWXT: 29.37
Median: 25.41
Q1: 19.47
Min: 3.03

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

P/S Ratio (TTM)

BWX Technologies (BWXT) at 3.04 is priced about in line with its industry on P/S ratio, while Axon Enterprise (AXON) at 7.46 sits in the pricier quartile — AXON costs more per dollar of sales.

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

BWXT

Capital Goods industry group

3.04

Max: 7.54
Q3: 3.76
BWXT: 3.04
Median: 2.15
Q1: 1.03
Min: 0.03

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

P/B Ratio (MRQ)

Both Axon Enterprise (AXON) at 6.74 and BWX Technologies (BWXT) at 7.72 carry a premium to book value versus peers, sitting in the upper P/B ratio quartile of their industries.

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

BWXT

Capital Goods industry group

7.72

Max: 9.66
BWXT: 7.72
Q3: 5.00
Median: 3.12
Q1: 1.81
Min: -1.08

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

Valuation Metrics

Valuation metrics for Axon Enterprise (AXON) and BWX Technologies (BWXT)
Metric	AXON	BWXT
P/E Ratio (TTM)	100.64	29.37
P/S Ratio (TTM)	7.46	3.04
P/B Ratio (MRQ)	6.74	7.72
Free Cash Flow Yield (TTM)	0.38%	2.64%