Seek Returns

AXON vs. ETN: Axon Enterprise vs. Eaton Stock Comparison

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

Company profile comparison for Axon Enterprise (AXON) and Eaton (ETN)
Profile ItemAXONETN
NameAxon Enterprise, Inc.Eaton Corporation plc
Country/RegionUnited StatesIreland
GICS SectorIndustrialsIndustrials
GICS Industry GroupCapital GoodsCapital Goods
GICS IndustryAerospace & DefenseElectrical Equipment
GICS Sub-IndustryAerospace & DefenseElectrical Components & Equipment
Market Capitalization25.49 billion USD132.76 billion USD
CurrencyUSDUSD
ExchangeNasdaqNYSE
Listing DateJune 19, 2001June 1, 1972
Security TypeCommon StockCommon Stock

Price Performance

Cumulative Growth

AXON
ETN
GSPC
Loading price history…
Axon Enterprise (AXON) vs. Eaton (ETN), 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 Eaton (ETN). Returns over one year are annualized.

Calendar-Year Returns

Loading price history…
Calendar-year total returns for Axon Enterprise (AXON) and Eaton (ETN). Each bar is that year's total return, measured year-end to year-end.

Performance Metrics

Price performance metrics for Axon Enterprise (AXON) and Eaton (ETN)
MetricAXONETN
Total Return (1Y)-48.97%-2.33%
Total Return (3Y, Annualized)12.54%19.68%
Total Return (5Y, Annualized)11.75%17.50%

Risk Profile

Drawdown History

AXON
ETN
GSPC
Loading price history…
Axon Enterprise (AXON) vs. Eaton (ETN), 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 Eaton (ETN). Each bar is the share of months whose return fell in that 5% bucket.

Risk Metrics

Risk profile metrics for Axon Enterprise (AXON) and Eaton (ETN)
MetricAXONETN
Volatility (1Y, Annualized)64.30%43.57%
Beta (5Y)1.551.14
Max Drawdown (5Y)-64.70%-34.46%
Avg. Volume (3M)1.06M2.32M

Risk-Adjusted Performance

Risk-Return Positioning

Loading chart…
AXON and ETN 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 Eaton (ETN)
MetricAXONETN
Sharpe Ratio (1Y)-0.83-0.15
Sortino Ratio (1Y)-1.14-0.21

Profitability

ROE (TTM)

Eaton (ETN) at 19.55% sits in the top ROE quartile, while Axon Enterprise (AXON) at 7.61% is closer to the peer norm — stronger capital efficiency for ETN.

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%

ETN

Capital Goods industry group

19.55%

Max
40.55%
ETN
19.55%
Q3
19.29%
Median
12.12%
Q1
4.08%
Min
-17.12%
Loading chart…
Axon Enterprise (AXON) vs. Eaton (ETN): A comparison of their ROE against the Capital Goods industry group benchmark.

Net Margin (TTM)

Eaton (ETN) at 12.18% 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%

ETN

Capital Goods industry group

12.18%

Max
27.47%
ETN
12.18%
Q3
12.10%
Median
6.30%
Q1
1.40%
Min
-12.89%
Loading chart…
Axon Enterprise (AXON) vs. Eaton (ETN): A comparison of their net margin against the Capital Goods industry group benchmark.

Operating Margin (TTM)

Eaton (ETN) at 17.85% 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%

ETN

Capital Goods industry group

17.85%

Max
36.60%
Q3
18.33%
ETN
17.85%
Median
11.12%
Q1
5.14%
Min
-12.63%
Loading chart…
Axon Enterprise (AXON) vs. Eaton (ETN): A comparison of their operating margin against the Capital Goods industry group benchmark.

Profitability Metrics

Profitability metrics for Axon Enterprise (AXON) and Eaton (ETN)
MetricAXONETN
ROE (TTM)7.61%19.55%
ROA (TTM)0.81%7.22%
Net Margin (TTM)7.57%12.18%
Operating Margin (TTM)4.63%17.85%
Gross Margin (TTM)58.64%35.16%

Growth

Revenue Growth

Axon Enterprise (AXON) at 33.47% sits in the top revenue growth quartile, while Eaton (ETN) at 10.33% is closer to the peer norm — faster top-line expansion for AXON.

Loading chart…
Axon Enterprise (AXON) vs. Eaton (ETN): A comparison of their Revenue Growth across different time periods.

EPS Growth

Eaton (ETN) at 10.00% is around its peer norm for EPS growth, while Axon Enterprise (AXON) at -68.54% drops into the bottom quartile, signaling weaker earnings momentum.

Loading chart…
Axon Enterprise (AXON) vs. Eaton (ETN): A comparison of their EPS Growth across different time periods.

Growth Metrics

Growth metrics for Axon Enterprise (AXON) and Eaton (ETN)
MetricAXONETN
Revenue Growth (YoY)33.47%10.33%
Revenue Growth (3Y CAGR)32.79%9.77%
EPS Growth (YoY)-68.54%10.00%
EPS Growth (3Y CAGR)-9.39%19.39%

Financial Strength

Current Ratio (MRQ)

Axon Enterprise (AXON) at 3.00 carries current ratio above its industry’s typical mid-range, while Eaton (ETN) at 1.23 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

ETN

Capital Goods industry group

1.23

Max
5.22
Q3
2.95
Median
2.08
Q1
1.43
ETN
1.23
Min
0.36
Loading chart…
Axon Enterprise (AXON) vs. Eaton (ETN): A comparison of their current ratio against the Capital Goods industry group benchmark.

Debt / Equity (MRQ)

Both Axon Enterprise (AXON) at 0.79 and Eaton (ETN) at 1.00 fund their balance sheets with roughly industry-typical debt-to-equity mixes.

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

ETN

Capital Goods industry group

1.00

Max
2.33
Q3
1.12
ETN
1.00
Median
0.60
Q1
0.29
Min
0.00
Loading chart…
Axon Enterprise (AXON) vs. Eaton (ETN): 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 Eaton (ETN)
MetricAXONETN
Current Ratio (MRQ)3.001.23
Debt / Equity (MRQ)0.791.00
Net Debt / EBITDA5.982.85

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 Eaton (ETN) reports a yield of 1.33%, 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%

ETN

Capital Goods industry group

1.33%

Max
2.66%
ETN
1.33%
Q3
1.14%
Median
0.24%
Q1
0.00%
Min
0.00%
Loading chart…
Axon Enterprise (AXON) vs. Eaton (ETN): 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 Eaton (ETN) reports a payout of 43.36%, 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%

ETN

Capital Goods industry group

43.36%

Max
67.39%
ETN
43.36%
Q3
28.02%
Median
6.86%
Q1
0.00%
Min
0.00%
Loading chart…
Axon Enterprise (AXON) vs. Eaton (ETN): A comparison of their payout ratio against the Capital Goods industry group benchmark.

Dividend Metrics

Dividend metrics for Axon Enterprise (AXON) and Eaton (ETN)
MetricAXONETN
Dividend Yield (TTM)0.00%1.33%
Dividend Payout Ratio (TTM)0.00%43.36%

Valuation

P/E Ratio (TTM)

Eaton (ETN) at 34.14 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

ETN

Capital Goods industry group

34.14

Max
59.38
Q3
35.92
ETN
34.14
Median
25.41
Q1
19.47
Min
3.03
Loading chart…
Axon Enterprise (AXON) vs. Eaton (ETN): A comparison of their P/E ratio against the Capital Goods industry group benchmark.

P/S Ratio (TTM)

Both Axon Enterprise (AXON) at 7.46 and Eaton (ETN) at 4.15 command a richer price per dollar of sales than most peers, sitting in the upper P/S ratio quartile of their industries.

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

ETN

Capital Goods industry group

4.15

Max
7.54
ETN
4.15
Q3
3.76
Median
2.15
Q1
1.03
Min
0.03
Loading chart…
Axon Enterprise (AXON) vs. Eaton (ETN): 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 Eaton (ETN) at 6.33 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

ETN

Capital Goods industry group

6.33

Max
9.66
ETN
6.33
Q3
5.00
Median
3.12
Q1
1.81
Min
-1.08
Loading chart…
Axon Enterprise (AXON) vs. Eaton (ETN): A comparison of their P/B ratio against the Capital Goods industry group benchmark.

Valuation Metrics

Valuation metrics for Axon Enterprise (AXON) and Eaton (ETN)
MetricAXONETN
P/E Ratio (TTM)100.6434.14
P/S Ratio (TTM)7.464.15
P/B Ratio (MRQ)6.746.33
Free Cash Flow Yield (TTM)0.38%2.29%