AXON vs. PCAR: Axon Enterprise vs. PACCAR Stock Comparison

November 11, 2026

How do Axon Enterprise (AXON) and PACCAR (PCAR) 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 PACCAR (PCAR) both fall under the Capital Goods industry group, but AXON is classified in Aerospace & Defense while PCAR is classified in Machinery.

Company profile comparison for Axon Enterprise (AXON) and PACCAR (PCAR)
Profile Item	AXON	PCAR
Name	Axon Enterprise, Inc.	PACCAR Inc.
Country/Region	United States	United States
GICS Sector	Industrials	Industrials
GICS Industry Group	Capital Goods	Capital Goods
GICS Industry	Aerospace & Defense	Machinery
GICS Sub-Industry	Aerospace & Defense	Construction Machinery & Heavy Transportation Equipment
Market Capitalization	25.49 billion USD	53.69 billion USD
Currency	USD	USD
Exchange	Nasdaq	Nasdaq
Listing Date	June 19, 2001	March 17, 1980
Security Type	Common Stock	Common Stock

Price Performance

Cumulative Growth

AXON

PCAR

GSPC

Axon Enterprise (AXON) vs. PACCAR (PCAR), 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 PACCAR (PCAR). Returns over one year are annualized.

Calendar-Year Returns

Loading price history…

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

Performance Metrics

Price performance metrics for Axon Enterprise (AXON) and PACCAR (PCAR)
Metric	AXON	PCAR
Total Return (1Y)	-48.97%	9.49%
Total Return (3Y, Annualized)	12.54%	11.04%
Total Return (5Y, Annualized)	11.75%	16.64%

Risk Profile

Drawdown History

AXON

PCAR

GSPC

Axon Enterprise (AXON) vs. PACCAR (PCAR), 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 PACCAR (PCAR). Each bar is the share of months whose return fell in that 5% bucket.

Risk Metrics

Risk profile metrics for Axon Enterprise (AXON) and PACCAR (PCAR)
Metric	AXON	PCAR
Volatility (1Y, Annualized)	64.30%	27.23%
Beta (5Y)	1.55	0.94
Max Drawdown (5Y)	-64.70%	-27.75%
Avg. Volume (3M)	1.06M	3.33M

Risk-Adjusted Performance

Risk-Return Positioning

AXON and PCAR 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 PACCAR (PCAR)
Metric	AXON	PCAR
Sharpe Ratio (1Y)	-0.83	0.19
Sortino Ratio (1Y)	-1.14	0.30

Profitability

ROE (TTM)

Both Axon Enterprise (AXON) at 7.61% and PACCAR (PCAR) at 13.71% land near their industries’ usual ROE ranges, so capital efficiency looks broadly in line with peers on both sides.

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%

PCAR

Capital Goods industry group

13.71%

Max: 40.55%
Q3: 19.29%
PCAR: 13.71%
Median: 12.12%
Q1: 4.08%
Min: -17.12%

Axon Enterprise (AXON) vs. PACCAR (PCAR): A comparison of their ROE against the Capital Goods industry group benchmark.

Net Margin (TTM)

Both Axon Enterprise (AXON) at 7.57% and PACCAR (PCAR) at 9.50% 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%

PCAR

Capital Goods industry group

9.50%

Max: 27.47%
Q3: 12.10%
PCAR: 9.50%
Median: 6.30%
Q1: 1.40%
Min: -12.89%

Axon Enterprise (AXON) vs. PACCAR (PCAR): A comparison of their net margin against the Capital Goods industry group benchmark.

Operating Margin (TTM)

PACCAR (PCAR) at 12.59% 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%

PCAR

Capital Goods industry group

12.59%

Max: 36.60%
Q3: 18.33%
PCAR: 12.59%
Median: 11.12%
Q1: 5.14%
Min: -12.63%

Axon Enterprise (AXON) vs. PACCAR (PCAR): A comparison of their operating margin against the Capital Goods industry group benchmark.

Profitability Metrics

Profitability metrics for Axon Enterprise (AXON) and PACCAR (PCAR)
Metric	AXON	PCAR
ROE (TTM)	7.61%	13.71%
ROA (TTM)	0.81%	4.53%
Net Margin (TTM)	7.57%	9.50%
Operating Margin (TTM)	4.63%	12.59%
Gross Margin (TTM)	58.64%	14.21%

Growth

Revenue Growth

Axon Enterprise (AXON) at 33.47% sits in the top revenue growth quartile, while PACCAR (PCAR) at -15.50% is in the bottom quartile, showing a clear gap in revenue momentum.

Axon Enterprise (AXON) vs. PACCAR (PCAR): A comparison of their Revenue Growth across different time periods.

EPS Growth

Both Axon Enterprise (AXON) at -68.54% and PACCAR (PCAR) at -42.91% post bottom-quartile EPS growth versus peers, pointing to weaker earnings momentum than typical rivals.

Axon Enterprise (AXON) vs. PACCAR (PCAR): A comparison of their EPS Growth across different time periods.

Growth Metrics

Growth metrics for Axon Enterprise (AXON) and PACCAR (PCAR)
Metric	AXON	PCAR
Revenue Growth (YoY)	33.47%	-15.50%
Revenue Growth (3Y CAGR)	32.79%	-0.44%
EPS Growth (YoY)	-68.54%	-42.91%
EPS Growth (3Y CAGR)	-9.39%	-7.80%

Financial Strength

Current Ratio (MRQ)

Both Axon Enterprise (AXON) at 3.00 and PACCAR (PCAR) at 5.47 post current ratio above their industries’ typical mid-ranges — short-term liquidity appears comfortable, though unusually high readings can point to idle current assets.

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

PCAR

Capital Goods industry group

5.47

PCAR: 5.47
Max: 5.22
Q3: 2.95
Median: 2.08
Q1: 1.43
Min: 0.36

Axon Enterprise (AXON) vs. PACCAR (PCAR): A comparison of their current ratio against the Capital Goods industry group benchmark.

Debt / Equity (MRQ)

Both Axon Enterprise (AXON) at 0.79 and PACCAR (PCAR) at 0.72 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

PCAR

Capital Goods industry group

0.72

Max: 2.33
Q3: 1.12
PCAR: 0.72
Median: 0.60
Q1: 0.29
Min: 0.00

Axon Enterprise (AXON) vs. PACCAR (PCAR): 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 PACCAR (PCAR)
Metric	AXON	PCAR
Current Ratio (MRQ)	3.00	5.47
Debt / Equity (MRQ)	0.79	0.72
Net Debt / EBITDA	5.98	1.62

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 PACCAR (PCAR) reports a yield of 1.30%, 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%

PCAR

Capital Goods industry group

1.30%

Max: 2.66%
PCAR: 1.30%
Q3: 1.14%
Median: 0.24%
Q1: 0.00%
Min: 0.00%

Axon Enterprise (AXON) vs. PACCAR (PCAR): 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 PACCAR (PCAR) reports a payout of 25.95%, 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%

PCAR

Capital Goods industry group

25.95%

Max: 67.39%
Q3: 28.02%
PCAR: 25.95%
Median: 6.86%
Q1: 0.00%
Min: 0.00%

Axon Enterprise (AXON) vs. PACCAR (PCAR): A comparison of their payout ratio against the Capital Goods industry group benchmark.

Dividend Metrics

Dividend metrics for Axon Enterprise (AXON) and PACCAR (PCAR)
Metric	AXON	PCAR
Dividend Yield (TTM)	0.00%	1.30%
Dividend Payout Ratio (TTM)	0.00%	25.95%

Valuation

P/E Ratio (TTM)

PACCAR (PCAR) at 19.46 sits in the cheaper P/E ratio quartile, while Axon Enterprise (AXON) at 100.64 trades above its peer range — a wide earnings-valuation gap relative to industry peers.

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

PCAR

Capital Goods industry group

19.46

Max: 59.38
Q3: 35.92
Median: 25.41
Q1: 19.47
PCAR: 19.46
Min: 3.03

Axon Enterprise (AXON) vs. PACCAR (PCAR): A comparison of their P/E ratio against the Capital Goods industry group benchmark.

P/S Ratio (TTM)

PACCAR (PCAR) at 1.85 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

PCAR

Capital Goods industry group

1.85

Max: 7.54
Q3: 3.76
Median: 2.15
PCAR: 1.85
Q1: 1.03
Min: 0.03

Axon Enterprise (AXON) vs. PACCAR (PCAR): A comparison of their P/S ratio against the Capital Goods industry group benchmark.

P/B Ratio (MRQ)

PACCAR (PCAR) at 2.57 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

PCAR

Capital Goods industry group

2.57

Max: 9.66
Q3: 5.00
Median: 3.12
PCAR: 2.57
Q1: 1.81
Min: -1.08

Axon Enterprise (AXON) vs. PACCAR (PCAR): A comparison of their P/B ratio against the Capital Goods industry group benchmark.

Valuation Metrics

Valuation metrics for Axon Enterprise (AXON) and PACCAR (PCAR)
Metric	AXON	PCAR
P/E Ratio (TTM)	100.64	19.46
P/S Ratio (TTM)	7.46	1.85
P/B Ratio (MRQ)	6.74	2.57
Free Cash Flow Yield (TTM)	0.38%	3.23%