Is AXON or LHX cheaper?

On trailing earnings, LHX is cheaper: AXON trades at a 240.68 P/E and LHX at 31.86.

Which has grown faster, AXON or LHX?

Over the past five years, AXON grew revenue faster — AXON at a 32.56% CAGR versus LHX at 4.38%.

Does AXON or LHX pay a bigger dividend?

LHX pays a dividend (1.70% yield) while AXON does not currently pay one.

Is AXON or LHX more profitable?

LHX runs the higher net margin — AXON at 6.91% versus LHX at 7.71%.

Which has been the better investment, AXON or LHX?

Over the past 10-year, AXON delivered the higher annualized total return — AXON at 36.21% versus LHX at 15.45%. Past performance doesn't predict future results.

Axon Enterprise, Inc. (AXON) vs L3Harris Technologies, Inc. (LHX)

LHX leads on 10 of 16 compared metrics.

A side-by-side comparison of Axon Enterprise, Inc. and L3Harris Technologies, Inc. across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of July 9, 2026. The ● marks the stronger figure on each row (cheaper multiple, higher margin/return).

AXON

Axon Enterprise, Inc.

$46.91B

$582.00Industrials

LHX

L3Harris Technologies, Inc.

$54.00B

$289.87Industrials

Total return — AXON vs LHX

growth of $100 · last 25y

AXON +104975.1%LHX +1943.5%AXON compounded faster

Log scale — wide-divergence pair

AXON LHX

AXON vs LHX: by the numbers

•LHX is the larger company ($54.00B vs $46.91B market cap).
•LHX trades at the lower earnings multiple (31.86 vs 240.68 P/E).
•LHX converts more revenue to profit (7.71% vs 6.91% net margin).
•AXON grew revenue faster over the past five years (32.56% vs 4.38% CAGR).
•LHX pays a dividend (1.70% yield) while AXON does not currently pay one.

Which is better, AXON or LHX?

Metric tally: AXON 6 · LHX 10

It depends on what you're optimizing for:

ValueLHX(lower P/E)

GrowthAXON(faster 5Y revenue CAGR)

QualityLHX(higher ROIC)

Metrics side by side

Valuation

Metric	AXON	LHX
P/E ratio	240.68	31.86●
Forward P/E	78.01	27.56●
P/S ratio	16.58	2.46●
P/B ratio	14.00	2.81●
PEG ratio	2.04●	4.26
EV / EBITDA	399.36	19.20●
FCF yield	0.04%	4.69%●

Profitability

Metric	AXON	LHX
Gross margin	59.32%●	25.26%
Operating margin	1.28%	9.93%●
Net margin	6.91%	7.71%●
ROE	5.84%	8.80%●
ROIC	-1.11%	5.14%●

Dividends

Metric	AXON	LHX
Dividend yield	—	1.70%
Payout ratio	—	58.34%

Growth (annualized)

Metric	AXON	LHX
Revenue CAGR (5Y)	32.56%●	4.38%
EPS CAGR (5Y)	117.98%●	10.38%
FCF CAGR (5Y)	32.23%●	0.45%
Total return CAGR (5Y)	27.55%●	7.83%

Frequently asked

Which is better, AXON or LHX?: It depends on your goal. value: LHX (lower P/E); growth: AXON (faster 5Y revenue CAGR); quality: LHX (higher ROIC). Across all compared metrics, LHX leads 10 to 6.
Is AXON or LHX cheaper?: On trailing earnings, LHX is cheaper: AXON trades at a 240.68 P/E and LHX at 31.86.
Which has grown faster, AXON or LHX?: Over the past five years, AXON grew revenue faster — AXON at a 32.56% CAGR versus LHX at 4.38%.
Does AXON or LHX pay a bigger dividend?: LHX pays a dividend (1.70% yield) while AXON does not currently pay one.
Is AXON or LHX more profitable?: LHX runs the higher net margin — AXON at 6.91% versus LHX at 7.71%.
Which has been the better investment, AXON or LHX?: Over the past 10-year, AXON delivered the higher annualized total return — AXON at 36.21% versus LHX at 15.45%. Past performance doesn't predict future results.

Go deeper

Full AXON analysis Full LHX analysis Interactive comparison tool

Dig into the metrics

Axon Enterprise P/E ratio L3Harris Technologies P/E ratio Axon Enterprise dividend yield L3Harris Technologies dividend yield Axon Enterprise ROE L3Harris Technologies ROE Axon Enterprise operating margin L3Harris Technologies operating margin Axon Enterprise revenue growth L3Harris Technologies revenue growth Axon Enterprise free cash flow L3Harris Technologies free cash flow

Axon Enterprise & L3Harris Technologies appear in these rankings

Fastest Revenue Growth Stocks Highest FCF Yield Stocks Best 10-Year Total Return Stocks

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 9, 2026.