AMETEK, Inc. (AME) vs Axon Enterprise, Inc. (AXON)

AME leads on 10 of 16 compared metrics.

A side-by-side comparison of AMETEK, Inc. and Axon Enterprise, Inc. across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of July 6, 2026. The ● marks the stronger figure on each row (cheaper multiple, higher margin/return).

Compare

Total return — AME vs AXON

growth of $100 · last 25y
AME +5626.4%AXON +108899.2%AXON compounded faster
Log scale — wide-divergence pair
101001k10k100k1MStart $10020062011201620212026$5,726$108,999
AME AXON

AME vs AXON: by the numbers

  • AME is the larger company ($54.35B vs $50.16B market cap).
  • AME trades at the lower earnings multiple (35.44 vs 249.67 P/E).
  • AME converts more revenue to profit (20.11% vs 6.91% net margin).
  • AXON grew revenue faster over the past five years (32.56% vs 10.78% CAGR).
  • AME pays a dividend (0.58% yield) while AXON does not currently pay one.

Which is better, AME or AXON?

Metric tally: AME 10 · AXON 6

It depends on what you're optimizing for:

ValueAME(lower P/E)
GrowthAXON(faster 5Y revenue CAGR)
QualityAME(higher ROIC)

Metrics side by side

Valuation

MetricAMEAXON
P/E ratio35.44249.67
Forward P/E28.8380.93
P/S ratio7.1017.20
P/B ratio4.9414.52
PEG ratio4.052.12
EV / EBITDA23.08395.25
FCF yield3.16%0.04%

Profitability

MetricAMEAXON
Gross margin36.56%59.32%
Operating margin26.17%1.48%
Net margin20.11%6.91%
ROE13.99%5.84%
ROIC10.99%-1.11%

Dividends

MetricAMEAXON
Dividend yield0.58%
Payout ratio21.18%

Growth (annualized)

MetricAMEAXON
Revenue CAGR (5Y)10.78%32.56%
EPS CAGR (5Y)11.06%117.98%
FCF CAGR (5Y)6.90%32.23%
Total return CAGR (5Y)12.99%28.63%

Frequently asked

Which is better, AME or AXON?
It depends on your goal. value: AME (lower P/E); growth: AXON (faster 5Y revenue CAGR); quality: AME (higher ROIC). Across all compared metrics, AME leads 10 to 6.
Is AME or AXON cheaper?
On trailing earnings, AME is cheaper: AME trades at a 35.44 P/E and AXON at 249.67.
Which has grown faster, AME or AXON?
Over the past five years, AXON grew revenue faster — AME at a 10.78% CAGR versus AXON at 32.56%.
Does AME or AXON pay a bigger dividend?
AME pays a dividend (0.58% yield) while AXON does not currently pay one.
Is AME or AXON more profitable?
AME runs the higher net margin — AME at 20.11% versus AXON at 6.91%.
Which has been the better investment, AME or AXON?
Over the past 10-year, AXON delivered the higher annualized total return — AME at 18.89% versus AXON at 37.89%. Past performance doesn't predict future results.

Figures are sourced from reported fundamentals and the latest end-of-day price. This comparison is informational only and is not investment advice. Past performance does not predict future results. See our methodology. Compiled by TGMCharts Research · data verified July 6, 2026.