AXON vs. HON: A Head-to-Head Stock Comparison

Updated on August 22, 2025

Here’s a clear look at AXON and HON, comparing key factors like historical performance, profitability, financial strength, growth, dividend, and valuation.

Company Profile

Symbol	AXON	HON
Company Name	Axon Enterprise, Inc.	Honeywell International Inc.
Country	United States	United States
GICS Sector	Industrials	Industrials
GICS Industry	Aerospace & Defense	Industrial Conglomerates
Market Capitalization	59.73 billion USD	137.77 billion USD
Exchange	NasdaqGS	NasdaqGS
Listing Date	June 19, 2001	January 2, 1962
Security Type	Common Stock	Common Stock

Historical Performance

This chart compares the performance of AXON and HON by tracking the growth of an initial $10,000 investment in each. Use the tabs to select the desired time period. Data is adjusted for dividends and splits.

AXON vs. HON: Growth of a $10,000 investment over the past one year.

Historical Performance at a Glance

Symbol	AXON	HON
5-Day Price Return	-0.94%	-0.55%
13-Week Price Return	3.42%	-3.53%
26-Week Price Return	14.01%	5.71%
52-Week Price Return	102.92%	9.02%
Month-to-Date Return	0.37%	-2.41%
Year-to-Date Return	27.59%	-3.94%
10-Day Avg. Volume	0.76M	3.26M
3-Month Avg. Volume	0.63M	3.67M
3-Month Volatility	49.92%	18.85%
Beta	1.46	1.07

Profitability

Return on Equity (TTM)

AXON

13.43%

Aerospace & Defense Industry

Max: 43.89%
Q3: 22.42%
Median: 12.50%
Q1: 5.21%
Min: -6.24%

AXON’s Return on Equity of 13.43% is on par with the norm for the Aerospace & Defense industry, indicating its profitability relative to shareholder equity is typical for the sector.

HON

32.86%

Industrial Conglomerates Industry

Max: 21.93%
Q3: 14.23%
Median: 7.81%
Q1: 5.91%
Min: -3.58%

HON’s Return on Equity of 32.86% is exceptionally high, placing it well beyond the typical range for the Industrial Conglomerates industry. This demonstrates a superior ability to generate profit from shareholder investments, though it could also be inflated by high financial leverage.

AXON vs. HON: A comparison of their Return on Equity (TTM) against their respective Aerospace & Defense and Industrial Conglomerates industry benchmarks.

Net Profit Margin (TTM)

AXON

13.64%

Aerospace & Defense Industry

Max: 14.54%
Q3: 8.08%
Median: 6.17%
Q1: 2.49%
Min: -1.63%

A Net Profit Margin of 13.64% places AXON in the upper quartile for the Aerospace & Defense industry, signifying strong profitability and more effective cost management than most of its peers.

HON

14.30%

Industrial Conglomerates Industry

Max: 18.70%
Q3: 12.58%
Median: 9.26%
Q1: 3.87%
Min: -2.26%

A Net Profit Margin of 14.30% places HON in the upper quartile for the Industrial Conglomerates industry, signifying strong profitability and more effective cost management than most of its peers.

AXON vs. HON: A comparison of their Net Profit Margin (TTM) against their respective Aerospace & Defense and Industrial Conglomerates industry benchmarks.

Operating Profit Margin (TTM)

AXON

-1.26%

Aerospace & Defense Industry

Max: 16.63%
Q3: 10.38%
Median: 8.29%
Q1: 6.21%
Min: 0.95%

AXON has a negative Operating Profit Margin of -1.26%. This signifies the company is unprofitable at the operational level, as its core business expenses exceed its revenue.

HON

17.81%

Industrial Conglomerates Industry

Max: 25.69%
Q3: 17.03%
Median: 12.85%
Q1: 8.81%
Min: -0.73%

An Operating Profit Margin of 17.81% places HON in the upper quartile for the Industrial Conglomerates industry. This signals a strong ability to translate revenue into operating profit, outperforming most of its competitors in core business efficiency.

AXON vs. HON: A comparison of their Operating Profit Margin (TTM) against their respective Aerospace & Defense and Industrial Conglomerates industry benchmarks.

Profitability at a Glance

Symbol	AXON	HON
Return on Equity (TTM)	13.43%	32.86%
Return on Assets (TTM)	6.28%	7.56%
Net Profit Margin (TTM)	13.64%	14.30%
Operating Profit Margin (TTM)	-1.26%	17.81%
Gross Profit Margin (TTM)	60.47%	38.08%

Financial Strength

Current Ratio (MRQ)

AXON

2.95

Aerospace & Defense Industry

Max: 3.09
Q3: 1.98
Median: 1.23
Q1: 1.03
Min: 0.02

AXON’s Current Ratio of 2.95 is in the upper quartile for the Aerospace & Defense industry. This signifies a strong liquidity position, suggesting the company is well-equipped to cover its immediate liabilities compared to its peers.

HON

1.29

Industrial Conglomerates Industry

Max: 2.19
Q3: 1.64
Median: 1.38
Q1: 1.13
Min: 0.61

HON’s Current Ratio of 1.29 aligns with the median group of the Industrial Conglomerates industry, indicating that its short-term liquidity is in line with its sector peers.

AXON vs. HON: A comparison of their Current Ratio (MRQ) against their respective Aerospace & Defense and Industrial Conglomerates industry benchmarks.

Debt-to-Equity Ratio (MRQ)

AXON

0.73

Aerospace & Defense Industry

Max: 1.70
Q3: 1.04
Median: 0.68
Q1: 0.41
Min: 0.00

AXON’s Debt-to-Equity Ratio of 0.73 is typical for the Aerospace & Defense industry, indicating its use of leverage is in line with the sector norm. This suggests a balanced approach to its capital structure.

HON

2.27

Industrial Conglomerates Industry

Max: 2.27
Q3: 1.47
Median: 0.99
Q1: 0.66
Min: 0.21

HON’s leverage is in the upper quartile of the Industrial Conglomerates industry, with a Debt-to-Equity Ratio of 2.27. While this approach can boost equity growth, it also exposes the company to greater financial vulnerability.

AXON vs. HON: A comparison of their Debt-to-Equity Ratio (MRQ) against their respective Aerospace & Defense and Industrial Conglomerates industry benchmarks.

Interest Coverage Ratio (TTM)

AXON

888.35

Aerospace & Defense Industry

Max: 36.57
Q3: 19.90
Median: 7.04
Q1: 2.40
Min: -7.63

With an Interest Coverage Ratio of 888.35, AXON demonstrates a superior capacity to service its debt, placing it well above the typical range for the Aerospace & Defense industry. This stems from either robust earnings or a conservative debt load.

HON

7.76

Industrial Conglomerates Industry

Max: 11.17
Q3: 8.02
Median: 5.88
Q1: 2.73
Min: -2.15

HON’s Interest Coverage Ratio of 7.76 is positioned comfortably within the norm for the Industrial Conglomerates industry, indicating a standard and healthy capacity to cover its interest payments.

AXON vs. HON: A comparison of their Interest Coverage Ratio (TTM) against their respective Aerospace & Defense and Industrial Conglomerates industry benchmarks.

Financial Strength at a Glance

Symbol	AXON	HON
Current Ratio (MRQ)	2.95	1.29
Quick Ratio (MRQ)	2.56	0.97
Debt-to-Equity Ratio (MRQ)	0.73	2.27
Interest Coverage Ratio (TTM)	888.35	7.76

Growth

Revenue Growth

AXON vs. HON: A side-by-side comparison of their Revenue Growth for the MRQ (YoY), TTM (YoY), 3-Year CAGR, and 5-Year CAGR periods.

EPS Growth

AXON vs. HON: A side-by-side comparison of their EPS Growth for the MRQ (YoY), TTM (YoY), 3-Year CAGR, and 5-Year CAGR periods.

Dividend

Dividend Yield (TTM)

AXON

0.00%

Aerospace & Defense Industry

Max: 2.03%
Q3: 1.22%
Median: 0.43%
Q1: 0.00%
Min: 0.00%

AXON currently does not pay a dividend, resulting in a yield of 0%. This is a common strategy for growth-focused companies that prioritize reinvesting earnings, though it may be less typical in mature, income-oriented sectors.

HON

2.13%

Industrial Conglomerates Industry

Max: 10.17%
Q3: 5.53%
Median: 3.14%
Q1: 1.88%
Min: 0.00%

HON’s Dividend Yield of 2.13% is consistent with its peers in the Industrial Conglomerates industry, providing a dividend return that is standard for its sector.

AXON vs. HON: A comparison of their Dividend Yield (TTM) against their respective Aerospace & Defense and Industrial Conglomerates industry benchmarks.

Dividend Payout Ratio (TTM)

AXON

0.00%

Aerospace & Defense Industry

Max: 83.87%
Q3: 49.90%
Median: 16.48%
Q1: 0.00%
Min: 0.00%

AXON has a Dividend Payout Ratio of 0%, indicating it does not currently pay a dividend. This is a common strategy for growth-oriented companies that reinvest all profits back into the business.

HON

51.34%

Industrial Conglomerates Industry

Max: 181.91%
Q3: 95.57%
Median: 50.60%
Q1: 35.01%
Min: 1.76%

HON’s Dividend Payout Ratio of 51.34% is within the typical range for the Industrial Conglomerates industry, suggesting a balanced approach between shareholder payouts and company reinvestment.

AXON vs. HON: A comparison of their Dividend Payout Ratio (TTM) against their respective Aerospace & Defense and Industrial Conglomerates industry benchmarks.

Dividend at a Glance

Symbol	AXON	HON
Dividend Yield (TTM)	0.00%	2.13%
Dividend Payout Ratio (TTM)	0.00%	51.34%

Valuation

Price-to-Earnings Ratio (TTM)

AXON

183.06

Aerospace & Defense Industry

Max: 65.97
Q3: 54.11
Median: 34.53
Q1: 23.66
Min: 0.00

At 183.06, AXON’s P/E Ratio is exceptionally high, exceeding the typical maximum for the Aerospace & Defense industry. This suggests the stock may be significantly overvalued compared to its peers and implies high market expectations that could be difficult to meet.

HON

24.10

Industrial Conglomerates Industry

Max: 36.98
Q3: 22.09
Median: 12.18
Q1: 8.93
Min: 5.63

A P/E Ratio of 24.10 places HON in the upper quartile for the Industrial Conglomerates industry. This high valuation relative to peers suggests the market holds elevated expectations for the company’s future growth.

AXON vs. HON: A comparison of their Price-to-Earnings Ratio (TTM) against their respective Aerospace & Defense and Industrial Conglomerates industry benchmarks.

Price-to-Sales Ratio (TTM)

AXON

24.98

Aerospace & Defense Industry

Max: 8.07
Q3: 4.49
Median: 2.42
Q1: 1.39
Min: 0.00

With a P/S Ratio of 24.98, AXON trades at a valuation that eclipses even the highest in the Aerospace & Defense industry. This implies the market has priced in exceptionally optimistic scenarios for future revenue growth, posing considerable valuation risk.

HON

3.45

Industrial Conglomerates Industry

Max: 3.60
Q3: 2.10
Median: 0.68
Q1: 0.42
Min: 0.11

HON’s P/S Ratio of 3.45 is in the upper echelon for the Industrial Conglomerates industry. This means the company is valued richly on its revenue stream compared to its peers, suggesting the stock is priced for a high level of future performance.

AXON vs. HON: A comparison of their Price-to-Sales Ratio (TTM) against their respective Aerospace & Defense and Industrial Conglomerates industry benchmarks.

Price-to-Book Ratio (MRQ)

AXON

23.59

Aerospace & Defense Industry

Max: 13.67
Q3: 7.92
Median: 4.65
Q1: 2.68
Min: 0.82

At 23.59, AXON’s P/B Ratio is at an extreme premium to the Aerospace & Defense industry. This signifies that the market’s valuation is heavily reliant on future potential rather than its current net asset value, which can be a high-risk proposition.

HON

9.30

Industrial Conglomerates Industry

Max: 4.89
Q3: 2.51
Median: 1.06
Q1: 0.60
Min: 0.27

At 9.30, HON’s P/B Ratio is at an extreme premium to the Industrial Conglomerates industry. This signifies that the market’s valuation is heavily reliant on future potential rather than its current net asset value, which can be a high-risk proposition.

AXON vs. HON: A comparison of their Price-to-Book Ratio (MRQ) against their respective Aerospace & Defense and Industrial Conglomerates industry benchmarks.

Valuation at a Glance

Symbol	AXON	HON
Price-to-Earnings Ratio (TTM)	183.06	24.10
Price-to-Sales Ratio (TTM)	24.98	3.45
Price-to-Book Ratio (MRQ)	23.59	9.30
Price-to-Free Cash Flow Ratio (TTM)	164.74	27.73