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 10It depends on what you're optimizing for:
ValueDOV(lower P/E)
GrowthAXON(faster 5Y revenue CAGR)
QualityDOV(higher ROIC)
Valuation
| Metric | AXON | DOV |
|---|---|---|
| P/E ratio | 177.25 | 27.18● |
| Forward P/E | 57.45 | 20.39● |
| P/S ratio | 12.21 | 3.57● |
| P/B ratio | 10.31 | 3.95● |
| PEG ratio | 1.50● | 2.48 |
| EV / EBITDA | 97.88 | 17.51● |
| FCF yield | 0.05% | 3.85%● |
Profitability
| Metric | AXON | DOV |
|---|---|---|
| Gross margin | 59.32%● | 39.50% |
| Operating margin | 1.48% | 16.70%● |
| Net margin | 6.91% | 13.30%● |
| ROE | 5.84% | 14.71%● |
| ROIC | -1.11% | 9.40%● |
Dividends
| Metric | AXON | DOV |
|---|---|---|
| Dividend yield | — | 0.96% |
| Payout ratio | — | 26.10% |
Growth (annualized)
| Metric | AXON | DOV |
|---|---|---|
| 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.
Go deeper
Dig into the metrics
Axon Enterprise P/E ratioDover P/E ratioAxon Enterprise dividend yieldDover dividend yieldAxon Enterprise ROEDover ROEAxon Enterprise operating marginDover operating marginAxon Enterprise revenue growthDover revenue growthAxon Enterprise free cash flowDover free cash flow
Axon Enterprise & Dover appear in these rankings
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.