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AXON vs. CARR: Axon Enterprise vs. Carrier Global Stock Comparison

How do Axon Enterprise (AXON) and Carrier Global (CARR) 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 Carrier Global (CARR) both fall under the Capital Goods industry group, but AXON is classified in Aerospace & Defense while CARR is classified in Building Products.

Axon Enterprise (AXON) has more than two decades of public-market history since June 19, 2001, whereas Carrier Global (CARR) listed on March 19, 2020 and has a much shorter record to draw on.

Company profile comparison for Axon Enterprise (AXON) and Carrier Global (CARR)
Profile ItemAXONCARR
NameAxon Enterprise, Inc.Carrier Global Corp.
Country/RegionUnited StatesUnited States
GICS SectorIndustrialsIndustrials
GICS Industry GroupCapital GoodsCapital Goods
GICS IndustryAerospace & DefenseBuilding Products
GICS Sub-IndustryAerospace & DefenseBuilding Products
Market Capitalization25.49 billion USD42.86 billion USD
CurrencyUSDUSD
ExchangeNasdaqNYSE
Listing DateJune 19, 2001March 19, 2020
Security TypeCommon StockCommon Stock

Price Performance

Cumulative Growth

AXON
CARR
GSPC
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Axon Enterprise (AXON) vs. Carrier Global (CARR), 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 Carrier Global (CARR). Returns over one year are annualized.

Calendar-Year Returns

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

Performance Metrics

Price performance metrics for Axon Enterprise (AXON) and Carrier Global (CARR)
MetricAXONCARR
Total Return (1Y)-48.97%-4.90%
Total Return (3Y, Annualized)12.54%3.62%
Total Return (5Y, Annualized)11.75%1.11%

Risk Profile

Drawdown History

AXON
CARR
GSPC
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Axon Enterprise (AXON) vs. Carrier Global (CARR), 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 Carrier Global (CARR). Each bar is the share of months whose return fell in that 5% bucket.

Risk Metrics

Risk profile metrics for Axon Enterprise (AXON) and Carrier Global (CARR)
MetricAXONCARR
Volatility (1Y, Annualized)64.30%35.35%
Beta (5Y)1.551.32
Max Drawdown (5Y)-64.70%-39.75%
Avg. Volume (3M)1.06M6.08M

Risk-Adjusted Performance

Risk-Return Positioning

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AXON and CARR 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 Carrier Global (CARR)
MetricAXONCARR
Sharpe Ratio (1Y)-0.83-0.26
Sortino Ratio (1Y)-1.14-0.36

Profitability

ROE (TTM)

Carrier Global (CARR) reports a negative ROE of -13.44%; negative ROE can reflect losses or negative shareholders’ equity, so it is harder to read as capital efficiency. Meanwhile Axon Enterprise (AXON) reports 7.61%, ranking against industry peers normally.

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%

CARR

Capital Goods industry group

-13.44%

Max
40.55%
Q3
19.29%
Median
12.12%
Q1
4.08%
CARR
-13.44%
Min
-17.12%
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Axon Enterprise (AXON) vs. Carrier Global (CARR): A comparison of their ROE against the Capital Goods industry group benchmark.

Net Margin (TTM)

Carrier Global (CARR) reports a negative net margin of -7.90%, usually indicating a net loss over the period. Meanwhile Axon Enterprise (AXON) reports 7.57%, ranking against industry peers normally.

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%

CARR

Capital Goods industry group

-7.90%

Max
27.47%
Q3
12.10%
Median
6.30%
Q1
1.40%
CARR
-7.90%
Min
-12.89%
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Axon Enterprise (AXON) vs. Carrier Global (CARR): A comparison of their net margin against the Capital Goods industry group benchmark.

Operating Margin (TTM)

Carrier Global (CARR) at 11.00% 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%

CARR

Capital Goods industry group

11.00%

Max
36.60%
Q3
18.33%
Median
11.12%
CARR
11.00%
Q1
5.14%
Min
-12.63%
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Axon Enterprise (AXON) vs. Carrier Global (CARR): A comparison of their operating margin against the Capital Goods industry group benchmark.

Profitability Metrics

Profitability metrics for Axon Enterprise (AXON) and Carrier Global (CARR)
MetricAXONCARR
ROE (TTM)7.61%-13.44%
ROA (TTM)0.81%3.43%
Net Margin (TTM)7.57%-7.90%
Operating Margin (TTM)4.63%11.00%
Gross Margin (TTM)58.64%24.38%

Growth

Revenue Growth

Axon Enterprise (AXON) at 33.47% sits in the top revenue growth quartile, while Carrier Global (CARR) at -3.29% is in the bottom quartile, showing a clear gap in revenue momentum.

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Axon Enterprise (AXON) vs. Carrier Global (CARR): A comparison of their Revenue Growth across different time periods.

EPS Growth

Both Axon Enterprise (AXON) at -68.54% and Carrier Global (CARR) at -72.03% post bottom-quartile EPS growth versus peers, pointing to weaker earnings momentum than typical rivals.

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Axon Enterprise (AXON) vs. Carrier Global (CARR): A comparison of their EPS Growth across different time periods.

Growth Metrics

Growth metrics for Axon Enterprise (AXON) and Carrier Global (CARR)
MetricAXONCARR
Revenue Growth (YoY)33.47%-3.29%
Revenue Growth (3Y CAGR)32.79%7.95%
EPS Growth (YoY)-68.54%-72.03%
EPS Growth (3Y CAGR)-9.39%-25.14%

Financial Strength

Current Ratio (MRQ)

Axon Enterprise (AXON) at 3.00 carries current ratio above its industry’s typical mid-range, while Carrier Global (CARR) at 1.00 runs in the tighter-liquidity quartile — different working-capital profiles, both worth examining.

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

CARR

Capital Goods industry group

1.00

Max
5.22
Q3
2.95
Median
2.08
Q1
1.43
CARR
1.00
Min
0.36
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Axon Enterprise (AXON) vs. Carrier Global (CARR): 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 Carrier Global (CARR) at 1.14 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

CARR

Capital Goods industry group

1.14

Max
2.33
CARR
1.14
Q3
1.12
Median
0.60
Q1
0.29
Min
0.00
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Axon Enterprise (AXON) vs. Carrier Global (CARR): 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 Carrier Global (CARR)
MetricAXONCARR
Current Ratio (MRQ)3.001.00
Debt / Equity (MRQ)0.791.14
Net Debt / EBITDA5.983.24

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 Carrier Global (CARR) reports a yield of 1.80%, 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%

CARR

Capital Goods industry group

1.80%

Max
2.66%
CARR
1.80%
Q3
1.14%
Median
0.24%
Q1
0.00%
Min
0.00%
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Axon Enterprise (AXON) vs. Carrier Global (CARR): 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 Carrier Global (CARR) reports a payout of 67.39%, 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%

CARR

Capital Goods industry group

67.39%

CARR
67.39%
Max
67.39%
Q3
28.02%
Median
6.86%
Q1
0.00%
Min
0.00%
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Axon Enterprise (AXON) vs. Carrier Global (CARR): A comparison of their payout ratio against the Capital Goods industry group benchmark.

Dividend Metrics

Dividend metrics for Axon Enterprise (AXON) and Carrier Global (CARR)
MetricAXONCARR
Dividend Yield (TTM)0.00%1.80%
Dividend Payout Ratio (TTM)0.00%67.39%

Valuation

P/E Ratio (TTM)

An earnings multiple is available for just one side: Axon Enterprise (AXON) trades at 100.64 times trailing earnings, ranked against its peers, while Carrier Global (CARR) has no P/E ratio this period.

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

CARR

Capital Goods industry group

--

Max
59.38
Q3
35.92
Median
25.41
Q1
19.47
Min
3.03
CARR
--
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Axon Enterprise (AXON) vs. Carrier Global (CARR): CARR does not report P/E ratio, so it has no value marker; AXON is benchmarked against the Capital Goods industry group.

P/S Ratio (TTM)

Carrier Global (CARR) at 1.88 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

CARR

Capital Goods industry group

1.88

Max
7.54
Q3
3.76
Median
2.15
CARR
1.88
Q1
1.03
Min
0.03
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Axon Enterprise (AXON) vs. Carrier Global (CARR): A comparison of their P/S ratio against the Capital Goods industry group benchmark.

P/B Ratio (MRQ)

Carrier Global (CARR) at 4.27 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.

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

CARR

Capital Goods industry group

4.27

Max
9.66
Q3
5.00
CARR
4.27
Median
3.12
Q1
1.81
Min
-1.08
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Axon Enterprise (AXON) vs. Carrier Global (CARR): A comparison of their P/B ratio against the Capital Goods industry group benchmark.

Valuation Metrics

Valuation metrics for Axon Enterprise (AXON) and Carrier Global (CARR)
MetricAXONCARR
P/E Ratio (TTM)100.64--
P/S Ratio (TTM)7.461.88
P/B Ratio (MRQ)6.744.27
Free Cash Flow Yield (TTM)0.38%4.54%