Axon Enterprise, Inc. (AXON) vs Carrier Global Corporation (CARR)

A side-by-side comparison of Axon Enterprise, Inc. and Carrier Global Corporation across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of July 31, 2026. Differences are shown without an overall score or investment verdict.

Compare

Total returnAXON vs CARR

growth of $100 · dividends reinvested · last 6y
AXON +768.9%CARR +463.0%AXON compounded faster
05001k2kStart $100202120222023202420252026$869$563
AXON CARR

AXON vs CARR: by the numbers

  • CARR is the larger company ($50.95B vs $42.54B market cap).
  • CARR trades at the lower trailing earnings multiple (42.92 vs 210.79 P/E), one valuation lens rather than an overall verdict.
  • AXON converts more revenue to profit (6.91% vs 6.58% net margin).
  • AXON grew revenue faster over the past five years (32.56% vs 2.30% CAGR).
  • CARR pays a dividend (1.50% yield), while AXON has no payments in the available dividend history.

Metrics side by side

Valuation

MetricAXONCARR
P/E ratio210.7942.92
Forward P/E68.0021.49
P/S ratio14.522.35
P/B ratio12.263.85
PEG ratio1.79N/A
EV / EBITDA351.0927.54
FCF yield0.05%3.56%

Profitability

MetricAXONCARR
Gross margin59.32%24.34%
Operating margin1.28%7.38%
Net margin6.91%6.58%
ROE5.84%10.80%
ROIC-1.11%5.41%

Dividends

MetricAXONCARR
Dividend yieldN/A1.50%
Payout ratioN/A53.45%

Growth (annualized)

MetricAXONCARR
Revenue CAGR (5Y)32.56%2.30%
EPS CAGR (5Y)117.98%-5.35%
FCF CAGR (5Y)32.23%3.84%
Total return CAGR (5Y)23.07%3.80%

Frequently asked

Which has the lower trailing P/E, AXON or CARR?
CARR has the lower trailing P/E: AXON trades at 210.79 and CARR at 42.92. P/E is one valuation measure and does not by itself establish which business is cheaper.
Which has grown faster, AXON or CARR?
Over the past five years, AXON grew revenue faster — AXON at a 32.56% CAGR versus CARR at 2.30%.
Does AXON or CARR pay a bigger dividend?
CARR pays a dividend (1.50% yield), while AXON has no payments in the available dividend history.
Is AXON or CARR more profitable?
AXON runs the higher net margin — AXON at 6.91% versus CARR at 6.58%.
How have AXON and CARR total returns compared?
Over the past 5 years, AXON delivered 33.60% and CARR delivered 3.80% annualized total return. 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 31, 2026.