Which has the lower trailing P/E, AXON or MELI?

MELI has the lower trailing P/E: AXON trades at 255.21 and MELI at 49.75. P/E is one valuation measure and does not by itself establish which business is cheaper.

Which has grown faster, AXON or MELI?

Over the past five years, MELI grew revenue faster — AXON at a 31.90% CAGR versus MELI at 44.82%.

Is AXON or MELI more profitable?

AXON runs the higher net margin — AXON at 6.20% versus MELI at 5.30%.

How have AXON and MELI total returns compared?

Over the past 10 years, AXON delivered 35.67% and MELI delivered 26.94% annualized total return. Past performance doesn't predict future results.

Axon Enterprise, Inc. (AXON) vs MercadoLibre, Inc. (MELI)

A side-by-side comparison of Axon Enterprise, Inc. and MercadoLibre, Inc. across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of August 14, 2026. Differences are shown without an overall score or investment verdict.

Different business models: AXON is classified in Industrials; MELI is classified in Consumer Cyclical. Margin, capital intensity, and valuation differences should be interpreted in that sector context.

AXON

Axon Enterprise, Inc.

$49.40B

$612.83IndustrialsDelayed quote: Aug 14, 2026, 4:00 PM EDT

MELI

MercadoLibre, Inc.

$93.52B

$1,844.58Consumer CyclicalDelayed quote: Aug 14, 2026, 4:00 PM EDT

Total return — AXON vs MELI

growth of $100 · dividends reinvested · last 10y

AXON +2041.9% (+35.9%/yr)MELI +990.5% (+27.0%/yr)AXON compounded faster over this window

AXON MELI

AXON vs MELI: by the numbers

•MELI is the larger company ($93.52B vs $49.40B market cap).
•MELI trades at the lower trailing earnings multiple (49.75 vs 255.21 P/E), one valuation lens rather than an overall verdict.
•AXON converts more revenue to profit (6.20% vs 5.30% net margin).
•MELI grew revenue faster over the past five years (44.82% vs 31.90% CAGR).

Metrics side by side

Valuation

Metric	AXON	MELI
P/E ratio	255.21	49.75
Forward P/E	79.76	47.52
P/S ratio	15.78	2.63
P/B ratio	13.82	11.83
EV / EBITDA	276.30	26.26
FCF yield	0.26%	13.44%

Profitability

Metric	AXON	MELI
Gross margin	59.41%	42.68%
Operating margin	2.61%	8.26%
Net margin	6.20%	5.30%
ROE	5.43%	23.78%
ROIC	-1.11%	11.78%

Growth (annualized)

Metric	AXON	MELI
Revenue CAGR (5Y)	31.90%	44.82%
EPS CAGR (5Y)	117.98%	N/A
FCF CAGR (5Y)	21.08%	129.42%
Total return CAGR (5Y)	27.17%	-0.25%

Frequently asked

Which has the lower trailing P/E, AXON or MELI?: MELI has the lower trailing P/E: AXON trades at 255.21 and MELI at 49.75. P/E is one valuation measure and does not by itself establish which business is cheaper.
Which has grown faster, AXON or MELI?: Over the past five years, MELI grew revenue faster — AXON at a 31.90% CAGR versus MELI at 44.82%.
Is AXON or MELI more profitable?: AXON runs the higher net margin — AXON at 6.20% versus MELI at 5.30%.
How have AXON and MELI total returns compared?: Over the past 10 years, AXON delivered 35.67% and MELI delivered 26.94% annualized total return. Past performance doesn't predict future results.

Go deeper

Full AXON analysis Full MELI analysis Interactive comparison tool

Dig into the metrics

Axon Enterprise P/E ratio MercadoLibre P/E ratio Axon Enterprise ROE MercadoLibre ROE Axon Enterprise operating margin MercadoLibre operating margin Axon Enterprise revenue growth MercadoLibre revenue growth Axon Enterprise free cash flow MercadoLibre free cash flow

Axon Enterprise & MercadoLibre appear in these rankings

Fastest Revenue Growth Stocks Highest FCF Yield Stocks Highest 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 August 14, 2026.