Axon Enterprise, Inc. (AXON) vs Dover Corporation (DOV)

DOV leads on 10 of 16 compared metrics.

A side-by-side comparison of Axon Enterprise, Inc. and Dover Corporation across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of June 13, 2026. The ● marks the stronger figure on each row (cheaper multiple, higher margin/return).

Not enough overlapping price history to compare AXON and DOV.

AXON vs DOV: by the numbers

  • AXON is the larger company ($35.60B vs $29.28B market cap).
  • DOV trades at the lower earnings multiple (27.18 vs 177.25 P/E).
  • DOV converts more revenue to profit (13.30% vs 6.91% net margin).
  • AXON grew revenue faster over the past five years (32.56% vs 3.73% CAGR).
  • DOV pays a dividend (0.96% yield) while AXON does not currently pay one.

Which is better, AXON or DOV?

Metric tally: AXON 6 · DOV 10

It depends on what you're optimizing for:

ValueDOV(lower P/E)
GrowthAXON(faster 5Y revenue CAGR)
QualityDOV(higher ROIC)

Valuation

MetricAXONDOV
P/E ratio177.2527.18
Forward P/E57.4520.39
P/S ratio12.213.57
P/B ratio10.313.95
PEG ratio1.502.48
EV / EBITDA97.8817.51
FCF yield0.05%3.85%

Profitability

MetricAXONDOV
Gross margin59.32%39.50%
Operating margin1.48%16.70%
Net margin6.91%13.30%
ROE5.84%14.71%
ROIC-1.11%9.40%

Dividends

MetricAXONDOV
Dividend yield0.96%
Payout ratio26.10%

Growth (annualized)

MetricAXONDOV
Revenue CAGR (5Y)32.56%3.73%
EPS CAGR (5Y)117.98%10.95%
FCF CAGR (5Y)32.23%1.63%
Total return CAGR (5Y)22.91%8.78%

Frequently asked

Which is better, AXON or DOV?
It depends on your goal. value: DOV (lower P/E); growth: AXON (faster 5Y revenue CAGR); quality: DOV (higher ROIC). Across all compared metrics, DOV leads 10 to 6.
Is AXON or DOV cheaper?
On trailing earnings, DOV is cheaper: AXON trades at a 177.25 P/E and DOV at 27.18.
Which has grown faster, AXON or DOV?
Over the past five years, AXON grew revenue faster — AXON at a 32.56% CAGR versus DOV at 3.73%.
Does AXON or DOV pay a bigger dividend?
DOV pays a dividend (0.96% yield) while AXON does not currently pay one.
Is AXON or DOV more profitable?
DOV runs the higher net margin — AXON at 6.91% versus DOV at 13.30%.
Which has been the better investment, AXON or DOV?
Over the past 10-year, AXON delivered the higher annualized total return — AXON at 34.51% versus DOV at 16.18%. 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 June 13, 2026.