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

AXON has the lower trailing P/E: AXON trades at 255.21 and PANW at 344.35. P/E is one valuation measure and does not by itself establish which business is cheaper.

Which has grown faster, AXON or PANW?

Over the past five years, AXON grew revenue faster — AXON at a 31.90% CAGR versus PANW at 21.62%.

Is AXON or PANW more profitable?

PANW runs the higher net margin — AXON at 6.20% versus PANW at 7.95%.

How have AXON and PANW total returns compared?

Over the past 10 years, AXON delivered 35.67% and PANW delivered 34.00% annualized total return. Past performance doesn't predict future results.

Axon Enterprise, Inc. (AXON) vs Palo Alto Networks, Inc. (PANW)

A side-by-side comparison of Axon Enterprise, Inc. and Palo Alto Networks, 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; PANW is classified in Technology. 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

PANW

Palo Alto Networks, Inc.

$313.18B

$384.27TechnologyDelayed quote: Aug 14, 2026, 4:00 PM EDT

Total return — AXON vs PANW

growth of $100 · dividends reinvested · last 10y

AXON +2041.9% (+35.9%/yr)PANW +1652.2% (+33.2%/yr)AXON compounded faster over this window

AXON PANW

AXON vs PANW: by the numbers

•PANW is the larger company ($313.18B vs $49.40B market cap).
•AXON trades at the lower trailing earnings multiple (255.21 vs 344.35 P/E), one valuation lens rather than an overall verdict.
•PANW converts more revenue to profit (7.95% vs 6.20% net margin).
•AXON grew revenue faster over the past five years (31.90% vs 21.62% CAGR).

Metrics side by side

Valuation

Metric	AXON	PANW
P/E ratio	255.21	344.35
Forward P/E	79.76	104.95
P/S ratio	15.78	27.78
P/B ratio	13.82	10.65
EV / EBITDA	276.30	154.50
FCF yield	0.26%	1.46%

Profitability

Metric	AXON	PANW
Gross margin	59.41%	71.94%
Operating margin	2.61%	9.65%
Net margin	6.20%	7.95%
ROE	5.43%	3.05%
ROIC	-1.11%	5.67%

Growth (annualized)

Metric	AXON	PANW
Revenue CAGR (5Y)	31.90%	21.62%
EPS CAGR (5Y)	117.98%	N/A
FCF CAGR (5Y)	21.08%	25.30%
Total return CAGR (5Y)	27.17%	44.75%

Frequently asked

Which has the lower trailing P/E, AXON or PANW?: AXON has the lower trailing P/E: AXON trades at 255.21 and PANW at 344.35. P/E is one valuation measure and does not by itself establish which business is cheaper.
Which has grown faster, AXON or PANW?: Over the past five years, AXON grew revenue faster — AXON at a 31.90% CAGR versus PANW at 21.62%.
Is AXON or PANW more profitable?: PANW runs the higher net margin — AXON at 6.20% versus PANW at 7.95%.
How have AXON and PANW total returns compared?: Over the past 10 years, AXON delivered 35.67% and PANW delivered 34.00% annualized total return. Past performance doesn't predict future results.

Go deeper

Full AXON analysis Full PANW analysis Interactive comparison tool

Dig into the metrics

Axon Enterprise P/E ratio Palo Alto Networks P/E ratio Axon Enterprise ROE Palo Alto Networks ROE Axon Enterprise operating margin Palo Alto Networks operating margin Axon Enterprise revenue growth Palo Alto Networks revenue growth Axon Enterprise free cash flow Palo Alto Networks free cash flow

Axon Enterprise & Palo Alto Networks appear in these rankings

Fastest Revenue Growth Stocks Highest 10-Year Total Return Stocks Largest Companies by Market Cap

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.