Axon Enterprise, Inc. (AXON) vs NVIDIA Corporation (NVDA)

A side-by-side comparison of Axon Enterprise, Inc. and NVIDIA Corporation across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of September 13, 2026. Differences are shown without an overall score or investment verdict.

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

Total returnAXON vs NVDA

growth of $100 · dividends reinvested · last 10y
AXON +1835.0% (+34.5%/yr)NVDA +14538.6% (+64.6%/yr)NVDA compounded faster over this window
Log scale — wide-divergence pair
101001k10k100kStart $10020182020202220242026$1,935$14,639
AXON NVDA

AXON vs NVDA: by the numbers

  • NVDA is the larger company ($5.29T vs $38.64B market cap).
  • NVDA trades at the lower trailing earnings multiple (27.60 vs 198.72 P/E), one valuation lens rather than an overall verdict.
  • NVDA converts more revenue to profit (63.66% vs 6.20% net margin).
  • NVDA grew revenue faster over the past five years (69.34% vs 31.90% CAGR).
  • NVDA pays a dividend (0.13% yield), while AXON has no payments in the available dividend history.

Metrics side by side

Valuation

MetricAXONNVDA
P/E ratio198.7227.60
Forward P/E62.1423.59
P/S ratio12.0017.45
P/B ratio10.5123.09
EV / EBITDA211.7226.35
FCF yield0.34%2.40%

Profitability

MetricAXONNVDA
Gross margin59.41%74.67%
Operating margin2.61%65.21%
Net margin6.20%63.66%
ROE5.43%84.23%
ROIC1.09%59.61%

Dividends

MetricAXONNVDA
Dividend yieldN/A0.13%
Payout ratioN/A3.54%

Growth (annualized)

MetricAXONNVDA
Revenue CAGR (5Y)31.90%69.34%
EPS CAGR (5Y)117.98%94.31%
FCF CAGR (5Y)21.08%82.12%
Total return CAGR (5Y)21.66%57.72%

Frequently asked

Which has the lower trailing P/E, AXON or NVDA?
NVDA has the lower trailing P/E: AXON trades at 198.72 and NVDA at 27.60. P/E is one valuation measure and does not by itself establish which business is cheaper.
Which has grown faster, AXON or NVDA?
Over the past five years, NVDA grew revenue faster — AXON at a 31.90% CAGR versus NVDA at 69.34%.
Does AXON or NVDA pay a bigger dividend?
NVDA pays a dividend (0.13% yield), while AXON has no payments in the available dividend history.
Is AXON or NVDA more profitable?
NVDA runs the higher net margin — AXON at 6.20% versus NVDA at 63.66%.
How have AXON and NVDA total returns compared?
Over the past 10 years, AXON delivered 34.25% and NVDA delivered 64.96% 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 September 13, 2026.