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

Updated on November 21, 2025

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

Company Profile

Symbol	AXON	PCAR
Company Name	Axon Enterprise, Inc.	PACCAR Inc
Country	United States	United States
GICS Sector	Industrials	Industrials
GICS Industry	Aerospace & Defense	Machinery
Market Capitalization	42.89 billion USD	50.08 billion USD
Exchange	NasdaqGS	NasdaqGS
Listing Date	June 19, 2001	March 17, 1980
Security Type	Common Stock	Common Stock

Historical Performance

This chart compares the performance of AXON and PCAR 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. PCAR: Growth of a $10,000 investment over the past one year.

Historical Performance at a Glance

Symbol	AXON	PCAR
5-Day Price Return	-5.19%	-3.42%
13-Week Price Return	-26.50%	-2.68%
26-Week Price Return	-23.51%	-0.70%
52-Week Price Return	-7.80%	-18.16%
Month-to-Date Return	-24.29%	-2.86%
Year-to-Date Return	-6.72%	-8.10%
10-Day Avg. Volume	1.51M	2.93M
3-Month Avg. Volume	0.71M	2.94M
3-Month Volatility	45.52%	25.61%
Beta	1.46	1.04

Profitability

Return on Equity (TTM)

AXON

9.66%

Aerospace & Defense Industry

Max: 43.89%
Q3: 23.64%
Median: 12.98%
Q1: 8.07%
Min: -2.55%

AXON’s Return on Equity of 9.66% is on par with the norm for the Aerospace & Defense industry, indicating its profitability relative to shareholder equity is typical for the sector.

PCAR

14.58%

Machinery Industry

Max: 30.85%
Q3: 19.99%
Median: 12.37%
Q1: 8.44%
Min: -7.69%

PCAR’s Return on Equity of 14.58% is on par with the norm for the Machinery industry, indicating its profitability relative to shareholder equity is typical for the sector.

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

Net Profit Margin (TTM)

AXON

10.05%

Aerospace & Defense Industry

Max: 14.96%
Q3: 9.50%
Median: 6.59%
Q1: 4.45%
Min: 1.01%

A Net Profit Margin of 10.05% places AXON in the upper quartile for the Aerospace & Defense industry, signifying strong profitability and more effective cost management than most of its peers.

PCAR

9.11%

Machinery Industry

Max: 19.28%
Q3: 10.99%
Median: 7.89%
Q1: 5.16%
Min: -1.46%

PCAR’s Net Profit Margin of 9.11% is aligned with the median group of its peers in the Machinery industry. This indicates its ability to convert revenue into profit is typical for the sector.

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

Operating Profit Margin (TTM)

AXON

-2.20%

Aerospace & Defense Industry

Max: 17.97%
Q3: 12.09%
Median: 9.29%
Q1: 6.41%
Min: -1.59%

AXON has a negative Operating Profit Margin of -2.20%. This signifies the company is unprofitable at the operational level, as its core business expenses exceed its revenue.

PCAR

14.04%

Machinery Industry

Max: 27.20%
Q3: 15.91%
Median: 11.33%
Q1: 7.73%
Min: 0.23%

PCAR’s Operating Profit Margin of 14.04% is around the midpoint for the Machinery industry, indicating that its efficiency in managing core business operations is typical for the sector.

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

Profitability at a Glance

Symbol	AXON	PCAR
Return on Equity (TTM)	9.66%	14.58%
Return on Assets (TTM)	4.39%	6.17%
Net Profit Margin (TTM)	10.05%	9.11%
Operating Profit Margin (TTM)	-2.20%	14.04%
Gross Profit Margin (TTM)	60.31%	20.67%

Financial Strength

Current Ratio (MRQ)

AXON

3.12

Aerospace & Defense Industry

Max: 3.37
Q3: 2.01
Median: 1.22
Q1: 1.07
Min: 0.68

AXON’s Current Ratio of 3.12 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.

PCAR

1.76

Machinery Industry

Max: 3.27
Q3: 2.16
Median: 1.75
Q1: 1.32
Min: 0.70

PCAR’s Current Ratio of 1.76 aligns with the median group of the Machinery industry, indicating that its short-term liquidity is in line with its sector peers.

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

Debt-to-Equity Ratio (MRQ)

AXON

0.66

Aerospace & Defense Industry

Max: 1.89
Q3: 0.99
Median: 0.63
Q1: 0.39
Min: 0.03

AXON’s Debt-to-Equity Ratio of 0.66 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.

PCAR

0.82

Machinery Industry

Max: 1.49
Q3: 0.75
Median: 0.45
Q1: 0.23
Min: 0.00

PCAR’s leverage is in the upper quartile of the Machinery industry, with a Debt-to-Equity Ratio of 0.82. While this approach can boost equity growth, it also exposes the company to greater financial vulnerability.

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

Interest Coverage Ratio (TTM)

AXON

888.35

Aerospace & Defense Industry

Max: 29.86
Q3: 19.49
Median: 7.09
Q1: 2.62
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.

PCAR

27.70

Machinery Industry

Max: 67.55
Q3: 36.46
Median: 13.55
Q1: 7.73
Min: -1.43

PCAR’s Interest Coverage Ratio of 27.70 is positioned comfortably within the norm for the Machinery industry, indicating a standard and healthy capacity to cover its interest payments.

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

Financial Strength at a Glance

Symbol	AXON	PCAR
Current Ratio (MRQ)	3.12	1.76
Quick Ratio (MRQ)	2.73	1.38
Debt-to-Equity Ratio (MRQ)	0.66	0.82
Interest Coverage Ratio (TTM)	888.35	27.70

Growth

Revenue Growth

AXON vs. PCAR: 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. PCAR: 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: 2.87%
Q3: 1.46%
Median: 0.58%
Q1: 0.10%
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.

PCAR

4.48%

Machinery Industry

Max: 4.98%
Q3: 2.83%
Median: 1.89%
Q1: 1.17%
Min: 0.00%

With a Dividend Yield of 4.48%, PCAR offers a more attractive income stream than most of its peers in the Machinery industry, signaling a strong commitment to shareholder returns.

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

Dividend Payout Ratio (TTM)

AXON

0.00%

Aerospace & Defense Industry

Max: 110.40%
Q3: 51.46%
Median: 20.20%
Q1: 4.21%
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.

PCAR

83.66%

Machinery Industry

Max: 209.29%
Q3: 102.41%
Median: 62.34%
Q1: 29.36%
Min: 0.00%

PCAR’s Dividend Payout Ratio of 83.66% is within the typical range for the Machinery industry, suggesting a balanced approach between shareholder payouts and company reinvestment.

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

Dividend at a Glance

Symbol	AXON	PCAR
Dividend Yield (TTM)	0.00%	4.48%
Dividend Payout Ratio (TTM)	0.00%	83.66%

Valuation

Price-to-Earnings Ratio (TTM)

AXON

166.73

Aerospace & Defense Industry

Max: 94.22
Q3: 53.31
Median: 32.27
Q1: 24.64
Min: 14.57

At 166.73, 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.

PCAR

18.66

Machinery Industry

Max: 46.28
Q3: 29.52
Median: 24.18
Q1: 16.92
Min: 7.99

PCAR’s P/E Ratio of 18.66 is within the middle range for the Machinery industry. This suggests its valuation is in line with the sector average, representing neither a significant premium nor a discount compared to its peers.

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

Price-to-Sales Ratio (TTM)

AXON

16.76

Aerospace & Defense Industry

Max: 7.20
Q3: 3.95
Median: 2.35
Q1: 1.71
Min: 0.32

With a P/S Ratio of 16.76, 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.

PCAR

1.70

Machinery Industry

Max: 5.25
Q3: 2.82
Median: 1.74
Q1: 0.99
Min: 0.27

PCAR’s P/S Ratio of 1.70 aligns with the market consensus for the Machinery industry. This suggests its valuation, based on sales, is seen as standard and is on par with its competitors.

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

Price-to-Book Ratio (MRQ)

AXON

18.61

Aerospace & Defense Industry

Max: 18.61
Q3: 9.58
Median: 5.45
Q1: 3.11
Min: 0.94

AXON’s P/B Ratio of 18.61 is in the upper tier for the Aerospace & Defense industry. This indicates that investors are paying a premium relative to the company’s net assets, a valuation that hinges on its ability to generate superior profits.

PCAR

2.67

Machinery Industry

Max: 7.18
Q3: 4.18
Median: 2.71
Q1: 1.54
Min: 0.52

PCAR’s P/B Ratio of 2.67 is within the conventional range for the Machinery industry. This shows a balanced market view, where the stock’s price is neither at a significant premium nor a discount to the book value of its peers.

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

Valuation at a Glance

Symbol	AXON	PCAR
Price-to-Earnings Ratio (TTM)	166.73	18.66
Price-to-Sales Ratio (TTM)	16.76	1.70
Price-to-Book Ratio (MRQ)	18.61	2.67
Price-to-Free Cash Flow Ratio (TTM)	165.08	15.72