Axon Enterprise, Inc. (AXON) vs HEICO Corporation (HEI)

A side-by-side comparison of Axon Enterprise, Inc. and HEICO Corporation across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of August 27, 2026. Differences are shown without an overall score or investment verdict.

Compare

Total returnAXON vs HEI

growth of $100 · dividends reinvested · last 10y
AXON +2030.8% (+35.8%/yr)HEI +868.8% (+25.5%/yr)AXON compounded faster over this window
01k2k3kStart $10020182020202220242026$2,131$969
AXON HEI

AXON vs HEI: by the numbers

  • AXON is the larger company ($49.26B vs $46.95B market cap).
  • HEI trades at the lower trailing earnings multiple (56.17 vs 251.85 P/E), one valuation lens rather than an overall verdict.
  • HEI converts more revenue to profit (16.38% vs 6.20% net margin).
  • AXON grew revenue faster over the past five years (31.90% vs 23.77% CAGR).
  • HEI pays a dividend (0.07% yield), while AXON has no payments in the available dividend history.

Metrics side by side

Valuation

MetricAXONHEI
P/E ratio251.8556.17
Forward P/E78.8655.11
P/S ratio15.579.20
P/B ratio13.649.47
EV / EBITDA272.7434.13
FCF yield0.27%2.16%

Profitability

MetricAXONHEI
Gross margin59.41%40.40%
Operating margin2.61%24.04%
Net margin6.20%16.38%
ROE5.43%16.87%
ROIC1.09%11.37%

Dividends

MetricAXONHEI
Dividend yieldN/A0.07%
Payout ratioN/A5.03%

Growth (annualized)

MetricAXONHEI
Revenue CAGR (5Y)31.90%23.77%
EPS CAGR (5Y)117.98%16.36%
FCF CAGR (5Y)21.08%20.32%
Total return CAGR (5Y)26.83%21.51%

Frequently asked

Which has the lower trailing P/E, AXON or HEI?
HEI has the lower trailing P/E: AXON trades at 251.85 and HEI at 56.17. P/E is one valuation measure and does not by itself establish which business is cheaper.
Which has grown faster, AXON or HEI?
Over the past five years, AXON grew revenue faster — AXON at a 31.90% CAGR versus HEI at 23.77%.
Does AXON or HEI pay a bigger dividend?
HEI pays a dividend (0.07% yield), while AXON has no payments in the available dividend history.
Is AXON or HEI more profitable?
HEI runs the higher net margin — AXON at 6.20% versus HEI at 16.38%.
How have AXON and HEI total returns compared?
Over the past 10 years, AXON delivered 35.79% and HEI delivered 25.45% 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 August 27, 2026.