AXON vs. SNA: A Head-to-Head Stock Comparison
Updated onHere’s a clear look at AXON and SNA, comparing key factors like historical performance, profitability, financial strength, growth, dividend, and valuation.
Company Overview
AXON’s market capitalization of 61.93 billion USD is substantially larger than SNA’s 16.82 billion USD, indicating a significant difference in their market valuations.
AXON’s beta of 1.28 points to significantly higher volatility compared to SNA (beta: 0.77), suggesting AXON has greater potential for both gains and losses relative to market movements.
| Symbol | AXON | SNA |
|---|---|---|
| Company Name | Axon Enterprise, Inc. | Snap-on Incorporated |
| Country | US | US |
| Sector | Industrials | Industrials |
| Industry | Aerospace & Defense | Manufacturing - Tools & Accessories |
| CEO | Patrick W. Smith | Nicholas T. Pinchuk |
| Price | 795.48 USD | 321.63 USD |
| Market Cap | 61.93 billion USD | 16.82 billion USD |
| Beta | 1.28 | 0.77 |
| Exchange | NASDAQ | NYSE |
| IPO Date | June 19, 2001 | March 2, 2017 |
| ADR | No | No |
Historical Performance
This chart compares the performance of AXON and SNA 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.
Profitability
Return on Equity
AXON
14.86%
Aerospace & Defense Industry
- Max
- 42.57%
- Q3
- 16.67%
- Median
- 8.39%
- Q1
- -0.77%
- Min
- -23.36%
AXON’s Return on Equity of 14.86% is on par with the norm for the Aerospace & Defense industry, indicating its profitability relative to shareholder equity is typical for the sector.
SNA
18.84%
Manufacturing - Tools & Accessories Industry
- Max
- 34.68%
- Q3
- 20.63%
- Median
- 10.07%
- Q1
- 7.35%
- Min
- 1.56%
SNA’s Return on Equity of 18.84% is on par with the norm for the Manufacturing - Tools & Accessories industry, indicating its profitability relative to shareholder equity is typical for the sector.
Return on Invested Capital
AXON
0.68%
Aerospace & Defense Industry
- Max
- 23.42%
- Q3
- 8.86%
- Median
- 5.47%
- Q1
- -5.60%
- Min
- -22.46%
AXON’s Return on Invested Capital of 0.68% is in line with the norm for the Aerospace & Defense industry, reflecting a standard level of efficiency in generating profits from its capital base.
SNA
14.37%
Manufacturing - Tools & Accessories Industry
- Max
- 18.96%
- Q3
- 14.59%
- Median
- 7.53%
- Q1
- 6.50%
- Min
- 2.74%
SNA’s Return on Invested Capital of 14.37% is in line with the norm for the Manufacturing - Tools & Accessories industry, reflecting a standard level of efficiency in generating profits from its capital base.
Net Profit Margin
AXON
14.86%
Aerospace & Defense Industry
- Max
- 22.67%
- Q3
- 8.04%
- Median
- 4.95%
- Q1
- -5.07%
- Min
- -16.58%
A Net Profit Margin of 14.86% places AXON in the upper quartile for the Aerospace & Defense industry, signifying strong profitability and more effective cost management than most of its peers.
SNA
21.42%
Manufacturing - Tools & Accessories Industry
- Max
- 21.42%
- Q3
- 12.34%
- Median
- 8.01%
- Q1
- 4.68%
- Min
- 1.24%
A Net Profit Margin of 21.42% places SNA in the upper quartile for the Manufacturing - Tools & Accessories industry, signifying strong profitability and more effective cost management than most of its peers.
Operating Profit Margin
AXON
1.50%
Aerospace & Defense Industry
- Max
- 22.01%
- Q3
- 11.49%
- Median
- 8.96%
- Q1
- 3.77%
- Min
- -4.96%
AXON’s Operating Profit Margin of 1.50% is in the lower quartile for the Aerospace & Defense industry. This indicates weaker profitability from core operations, which may stem from inefficiencies or competitive pressures on pricing.
SNA
27.46%
Manufacturing - Tools & Accessories Industry
- Max
- 27.46%
- Q3
- 18.11%
- Median
- 11.96%
- Q1
- 8.53%
- Min
- 6.01%
An Operating Profit Margin of 27.46% places SNA in the upper quartile for the Manufacturing - Tools & Accessories industry. This signals a strong ability to translate revenue into operating profit, outperforming most of its competitors in core business efficiency.
Profitability at a Glance
| Symbol | AXON | SNA |
|---|---|---|
| Return on Equity (TTM) | 14.86% | 18.84% |
| Return on Assets (TTM) | 5.44% | 12.65% |
| Return on Invested Capital (TTM) | 0.68% | 14.37% |
| Net Profit Margin (TTM) | 14.86% | 21.42% |
| Operating Profit Margin (TTM) | 1.50% | 27.46% |
| Gross Profit Margin (TTM) | 60.44% | 50.98% |
Financial Strength
Current Ratio
AXON
2.83
Aerospace & Defense Industry
- Max
- 5.13
- Q3
- 3.36
- Median
- 2.16
- Q1
- 1.20
- Min
- 0.41
AXON’s Current Ratio of 2.83 aligns with the median group of the Aerospace & Defense industry, indicating that its short-term liquidity is in line with its sector peers.
SNA
4.14
Manufacturing - Tools & Accessories Industry
- Max
- 4.14
- Q3
- 3.17
- Median
- 2.45
- Q1
- 1.81
- Min
- 1.10
SNA’s Current Ratio of 4.14 is in the upper quartile for the Manufacturing - Tools & Accessories industry. This signifies a strong liquidity position, suggesting the company is well-equipped to cover its immediate liabilities compared to its peers.
Debt-to-Equity Ratio
AXON
0.80
Aerospace & Defense Industry
- Max
- 1.20
- Q3
- 0.73
- Median
- 0.51
- Q1
- 0.09
- Min
- 0.00
AXON’s leverage is in the upper quartile of the Aerospace & Defense industry, with a Debt-to-Equity Ratio of 0.80. While this approach can boost equity growth, it also exposes the company to greater financial vulnerability.
SNA
0.23
Manufacturing - Tools & Accessories Industry
- Max
- 0.94
- Q3
- 0.78
- Median
- 0.72
- Q1
- 0.31
- Min
- 0.05
Falling into the lower quartile for the Manufacturing - Tools & Accessories industry, SNA’s Debt-to-Equity Ratio of 0.23 points to a conservative financing strategy. This results in lower financial risk but potentially limits strategic investments compared to more leveraged competitors.
Interest Coverage Ratio
AXON
2.53
Aerospace & Defense Industry
- Max
- 12.62
- Q3
- 7.38
- Median
- 2.95
- Q1
- 1.68
- Min
- -6.68
AXON’s Interest Coverage Ratio of 2.53 is positioned comfortably within the norm for the Aerospace & Defense industry, indicating a standard and healthy capacity to cover its interest payments.
SNA
26.44
Manufacturing - Tools & Accessories Industry
- Max
- 14.51
- Q3
- 10.02
- Median
- 6.60
- Q1
- 5.24
- Min
- 1.53
With an Interest Coverage Ratio of 26.44, SNA demonstrates a superior capacity to service its debt, placing it well above the typical range for the Manufacturing - Tools & Accessories industry. This stems from either robust earnings or a conservative debt load.
Financial Strength at a Glance
| Symbol | AXON | SNA |
|---|---|---|
| Current Ratio (TTM) | 2.83 | 4.14 |
| Quick Ratio (TTM) | 2.62 | 3.18 |
| Debt-to-Equity Ratio (TTM) | 0.80 | 0.23 |
| Debt-to-Asset Ratio (TTM) | 0.34 | 0.16 |
| Net Debt-to-EBITDA Ratio (TTM) | 4.16 | -0.11 |
| Interest Coverage Ratio (TTM) | 2.53 | 26.44 |
Growth
The following charts compare key year-over-year (YoY) growth metrics for AXON and SNA. These metrics are based on the companies’ annual financial reports.
Revenue Growth
Earnings Per Share (EPS) Growth
Free Cash Flow Growth
Dividend
Dividend Yield
AXON
0.00%
Aerospace & Defense Industry
- Max
- 6.00%
- Q3
- 0.66%
- Median
- 0.00%
- 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.
SNA
2.57%
Manufacturing - Tools & Accessories Industry
- Max
- 4.85%
- Q3
- 2.87%
- Median
- 2.00%
- Q1
- 1.05%
- Min
- 0.00%
SNA’s Dividend Yield of 2.57% is consistent with its peers in the Manufacturing - Tools & Accessories industry, providing a dividend return that is standard for its sector.
Dividend Payout Ratio
AXON
0.00%
Aerospace & Defense Industry
- Max
- 172.02%
- Q3
- 32.47%
- Median
- 0.00%
- 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.
SNA
41.18%
Manufacturing - Tools & Accessories Industry
- Max
- 138.27%
- Q3
- 47.32%
- Median
- 36.66%
- Q1
- 23.90%
- Min
- 0.00%
SNA’s Dividend Payout Ratio of 41.18% is within the typical range for the Manufacturing - Tools & Accessories industry, suggesting a balanced approach between shareholder payouts and company reinvestment.
Dividend at a Glance
| Symbol | AXON | SNA |
|---|---|---|
| Dividend Yield (TTM) | 0.00% | 2.57% |
| Dividend Payout Ratio (TTM) | 0.00% | 41.18% |
Valuation
Price-to-Earnings Ratio
AXON
184.79
Aerospace & Defense Industry
- Max
- 75.34
- Q3
- 54.40
- Median
- 38.63
- Q1
- 26.10
- Min
- 16.44
At 184.79, 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.
SNA
16.51
Manufacturing - Tools & Accessories Industry
- Max
- 48.52
- Q3
- 33.58
- Median
- 21.58
- Q1
- 16.21
- Min
- 15.65
SNA’s P/E Ratio of 16.51 is within the middle range for the Manufacturing - Tools & Accessories industry. This suggests its valuation is in line with the sector average, representing neither a significant premium nor a discount compared to its peers.
Forward P/E to Growth Ratio
AXON
8.54
Aerospace & Defense Industry
- Max
- 10.68
- Q3
- 5.36
- Median
- 2.31
- Q1
- 1.47
- Min
- 0.01
A Forward PEG Ratio of 8.54 places AXON in the upper quartile for the Aerospace & Defense industry. This suggests the stock is potentially expensive compared to its peers relative to its growth forecast, which may warrant caution.
SNA
1.87
Manufacturing - Tools & Accessories Industry
- Max
- 5.86
- Q3
- 4.35
- Median
- 3.53
- Q1
- 1.63
- Min
- 0.87
SNA’s Forward PEG Ratio of 1.87 is within the middle range of its peers in the Manufacturing - Tools & Accessories industry. This suggests a reasonable balance between the stock’s price and its expected growth, aligning with sector valuation norms.
Price-to-Sales Ratio
AXON
27.81
Aerospace & Defense Industry
- Max
- 19.34
- Q3
- 9.54
- Median
- 2.71
- Q1
- 1.59
- Min
- 0.35
With a P/S Ratio of 27.81, 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.
SNA
3.53
Manufacturing - Tools & Accessories Industry
- Max
- 3.41
- Q3
- 3.03
- Median
- 1.33
- Q1
- 0.93
- Min
- 0.69
With a P/S Ratio of 3.53, SNA trades at a valuation that eclipses even the highest in the Manufacturing - Tools & Accessories industry. This implies the market has priced in exceptionally optimistic scenarios for future revenue growth, posing considerable valuation risk.
Price-to-Book Ratio
AXON
23.93
Aerospace & Defense Industry
- Max
- 16.08
- Q3
- 8.12
- Median
- 4.12
- Q1
- 2.69
- Min
- 0.69
At 23.93, 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.
SNA
3.05
Manufacturing - Tools & Accessories Industry
- Max
- 4.75
- Q3
- 4.14
- Median
- 2.35
- Q1
- 1.37
- Min
- 1.16
SNA’s P/B Ratio of 3.05 is within the conventional range for the Manufacturing - Tools & Accessories 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.
Valuation at a Glance
| Symbol | AXON | SNA |
|---|---|---|
| Price-to-Earnings Ratio (P/E, TTM) | 184.79 | 16.51 |
| Forward PEG Ratio (TTM) | 8.54 | 1.87 |
| Price-to-Sales Ratio (P/S, TTM) | 27.81 | 3.53 |
| Price-to-Book Ratio (P/B, TTM) | 23.93 | 3.05 |
| Price-to-Free Cash Flow Ratio (P/FCF, TTM) | 170.80 | 15.53 |
| EV-to-EBITDA (TTM) | 274.06 | 11.18 |
| EV-to-Sales (TTM) | 28.23 | 3.49 |