AXON vs. HONA: Axon Enterprise vs. Honeywell Aerospace Stock Comparison
How do Axon Enterprise (AXON) and Honeywell Aerospace (HONA) 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 Honeywell Aerospace (HONA) are both classified in the Aerospace & Defense sub-industry within the broader Aerospace & Defense industry, placing them in the closest GICS peer bucket.
Axon Enterprise (AXON) has been public since June 19, 2001, giving it decades of market history across multiple cycles, while Honeywell Aerospace (HONA) listed only on June 15, 2026 and lacks comparable through-cycle data.
| Profile Item | AXON | HONA |
|---|---|---|
| Name | Axon Enterprise, Inc. | Honeywell Aerospace 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 | 48.48 billion USD |
| Currency | USD | USD |
| Exchange | Nasdaq | Nasdaq |
| Listing Date | June 19, 2001 | June 15, 2026 |
| Security Type | Common Stock | Common Stock |
Price Performance
Cumulative Growth
Trailing Returns
Calendar-Year Returns
Performance Metrics
| Metric | AXON | HONA |
|---|---|---|
| Total Return (1Y) | -48.97% | -- |
| Total Return (3Y, Annualized) | 12.54% | -- |
| Total Return (5Y, Annualized) | 11.75% | -- |
Risk Profile
Drawdown History
Return Distribution
Risk Metrics
Honeywell Aerospace (HONA) reports a negative beta of -5.78, suggesting inverse market sensitivity over the measurement window. That is uncommon for ordinary equities and can reflect commodity-linked or hedge-like exposure, but it can also come from statistical noise. Axon Enterprise (AXON) has a non-negative beta of 1.55.
| Metric | AXON | HONA |
|---|---|---|
| Volatility (1Y, Annualized) | 64.30% | 84.07% |
| Beta (5Y) | 1.55 | -5.78 |
| Max Drawdown (5Y) | -64.70% | -44.59% |
| Avg. Volume (3M) | 1.06M | 3.58M |
Risk-Adjusted Performance
Risk-Return Positioning
Both AXON and HONA need 1-year volatility and 1-year return to plot risk-return positioning.
Risk-Adjusted Metrics
| Metric | AXON | HONA |
|---|---|---|
| Sharpe Ratio (1Y) | -0.83 | -- |
| Sortino Ratio (1Y) | -1.14 | -- |
Profitability
ROE (TTM)
Capital efficiency shows on one side only: Axon Enterprise (AXON) earns 7.61% on shareholders’ equity, ranked against its industry; Honeywell Aerospace (HONA) has no ROE this period.
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%
HONA
Capital Goods industry group
--
- Max
- 40.55%
- Q3
- 19.29%
- Median
- 12.12%
- Q1
- 4.08%
- Min
- -17.12%
- HONA
- --
Net Margin (TTM)
Both Axon Enterprise (AXON) at 7.57% and Honeywell Aerospace (HONA) at 11.25% 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%
HONA
Capital Goods industry group
11.25%
- Max
- 27.47%
- Q3
- 12.10%
- HONA
- 11.25%
- Median
- 6.30%
- Q1
- 1.40%
- Min
- -12.89%
Operating Margin (TTM)
Honeywell Aerospace (HONA) at 23.69% 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%
HONA
Capital Goods industry group
23.69%
- Max
- 36.60%
- HONA
- 23.69%
- Q3
- 18.33%
- Median
- 11.12%
- Q1
- 5.14%
- Min
- -12.63%
Profitability Metrics
| Metric | AXON | HONA |
|---|---|---|
| ROE (TTM) | 7.61% | -- |
| ROA (TTM) | 0.81% | -- |
| Net Margin (TTM) | 7.57% | 11.25% |
| Operating Margin (TTM) | 4.63% | 23.69% |
| Gross Margin (TTM) | 58.64% | 34.64% |
Growth
Revenue Growth
Axon Enterprise (AXON) at 33.47% sits in the top revenue growth quartile, while Honeywell Aerospace (HONA) at 12.68% is closer to the peer norm — faster top-line expansion for AXON.
EPS Growth
Both Axon Enterprise (AXON) at -68.54% and Honeywell Aerospace (HONA) at -36.80% post bottom-quartile EPS growth versus peers, pointing to weaker earnings momentum than typical rivals.
Growth Metrics
| Metric | AXON | HONA |
|---|---|---|
| Revenue Growth (YoY) | 33.47% | 12.68% |
| Revenue Growth (3Y CAGR) | 32.79% | -- |
| EPS Growth (YoY) | -68.54% | -36.80% |
| EPS Growth (3Y CAGR) | -9.39% | -- |
Financial Strength
Current Ratio (MRQ)
Honeywell Aerospace (HONA) at 1.64 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
HONA
Capital Goods industry group
1.64
- Max
- 5.22
- Q3
- 2.95
- Median
- 2.08
- HONA
- 1.64
- Q1
- 1.43
- Min
- 0.36
Debt / Equity (MRQ)
Only one side’s leverage can be read here: Axon Enterprise (AXON) carries debt-to-equity ratio of 0.79 against its industry range, while Honeywell Aerospace (HONA) reports no figure this period.
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
HONA
Capital Goods industry group
--
- Max
- 2.33
- Q3
- 1.12
- Median
- 0.60
- Q1
- 0.29
- Min
- 0.00
- HONA
- --
Financial Strength Metrics
| Metric | AXON | HONA |
|---|---|---|
| Current Ratio (MRQ) | 3.00 | 1.64 |
| Debt / Equity (MRQ) | 0.79 | -- |
| Net Debt / EBITDA | 5.98 | 3.43 |
Dividends
Dividend Yield (TTM)
Neither Axon Enterprise (AXON) nor Honeywell Aerospace (HONA) 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%
HONA
Capital Goods industry group
0.00%
- Max
- 2.66%
- Q3
- 1.14%
- Median
- 0.24%
- HONA
- 0.00%
- Q1
- 0.00%
- Min
- 0.00%
Dividend Payout Ratio (TTM)
Neither Axon Enterprise (AXON) nor Honeywell Aerospace (HONA) 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%
HONA
Capital Goods industry group
0.00%
- Max
- 67.39%
- Q3
- 28.02%
- Median
- 6.86%
- HONA
- 0.00%
- Q1
- 0.00%
- Min
- 0.00%
Dividend Metrics
| Metric | AXON | HONA |
|---|---|---|
| Dividend Yield (TTM) | 0.00% | 0.00% |
| Dividend Payout Ratio (TTM) | 0.00% | 0.00% |
Valuation
P/E Ratio (TTM)
Both look expensive on trailing earnings: Honeywell Aerospace (HONA) at 43.32 sits in the richer P/E ratio quartile, and Axon Enterprise (AXON) at 100.64 is richer still, above its industry range.
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
HONA
Capital Goods industry group
43.32
- Max
- 59.38
- HONA
- 43.32
- Q3
- 35.92
- Median
- 25.41
- Q1
- 19.47
- Min
- 3.03
P/S Ratio (TTM)
Honeywell Aerospace (HONA) at 2.69 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
HONA
Capital Goods industry group
2.69
- Max
- 7.54
- Q3
- 3.76
- HONA
- 2.69
- Median
- 2.15
- Q1
- 1.03
- Min
- 0.03
P/B Ratio (MRQ)
Honeywell Aerospace (HONA) reports a negative P/B ratio of -18.85, meaning negative book equity — the multiple itself is not meaningful for valuation. Meanwhile Axon Enterprise (AXON) reports 6.74, ranking against industry peers normally.
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
HONA
Capital Goods industry group
-18.85
- Max
- 9.66
- Q3
- 5.00
- Median
- 3.12
- Q1
- 1.81
- Min
- -1.08
- HONA
- -18.85
Valuation Metrics
| Metric | AXON | HONA |
|---|---|---|
| P/E Ratio (TTM) | 100.64 | 43.32 |
| P/S Ratio (TTM) | 7.46 | 2.69 |
| P/B Ratio (MRQ) | 6.74 | -18.85 |
| Free Cash Flow Yield (TTM) | 0.38% | -- |