Axon Enterprise, Inc. (AXON) vs QUALCOMM Incorporated (QCOM)
A side-by-side comparison of Axon Enterprise, Inc. and QUALCOMM Incorporated across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of July 28, 2026. Differences are shown without an overall score or investment verdict.
Different business models: AXON is classified in Industrials; QCOM is classified in Technology. Margin, capital intensity, and valuation differences should be interpreted in that sector context.
AXON
Axon Enterprise, Inc.
$547.65IndustrialsDelayed quote: Jul 28, 2026, 4:00 PM EDT
QCOM
QUALCOMM Incorporated
$162.88TechnologyDelayed quote: Jul 28, 2026, 4:00 PM EDT
Total return — AXON vs QCOM
growth of $100 · dividends reinvested · last 25yAXON +91955.4%QCOM +737.4%AXON compounded faster
Log scale — wide-divergence pair
AXON QCOM
AXON vs QCOM: by the numbers
- •QCOM is the larger company ($171.68B vs $44.14B market cap).
- •QCOM trades at the lower trailing earnings multiple (18.24 vs 210.86 P/E), one valuation lens rather than an overall verdict.
- •QCOM converts more revenue to profit (22.31% vs 6.91% net margin).
- •AXON grew revenue faster over the past five years (32.56% vs 8.63% CAGR).
- •QCOM pays a dividend (2.11% yield), while AXON has no payments in the available dividend history.
Metrics side by side
Valuation
| Metric | AXON | QCOM |
|---|---|---|
| P/E ratio | 210.86 | 18.24 |
| Forward P/E | 68.02 | 15.79 |
| P/S ratio | 14.53 | 4.10 |
| P/B ratio | 12.26 | 6.68 |
| PEG ratio | 1.79 | 3.18 |
| EV / EBITDA | 351.21 | 14.61 |
| FCF yield | 0.05% | 6.86% |
Profitability
| Metric | AXON | QCOM |
|---|---|---|
| Gross margin | 59.32% | 54.80% |
| Operating margin | 1.28% | 25.52% |
| Net margin | 6.91% | 22.31% |
| ROE | 5.84% | 36.38% |
| ROIC | -1.11% | 13.15% |
Dividends
| Metric | AXON | QCOM |
|---|---|---|
| Dividend yield | N/A | 2.11% |
| Payout ratio | N/A | 70.95% |
Growth (annualized)
| Metric | AXON | QCOM |
|---|---|---|
| Revenue CAGR (5Y) | 32.56% | 8.63% |
| EPS CAGR (5Y) | 117.98% | 5.74% |
| FCF CAGR (5Y) | 32.23% | 9.39% |
| Total return CAGR (5Y) | 23.83% | 6.10% |
Frequently asked
- Which has the lower trailing P/E, AXON or QCOM?
- QCOM has the lower trailing P/E: AXON trades at 210.86 and QCOM at 18.24. P/E is one valuation measure and does not by itself establish which business is cheaper.
- Which has grown faster, AXON or QCOM?
- Over the past five years, AXON grew revenue faster — AXON at a 32.56% CAGR versus QCOM at 8.63%.
- Does AXON or QCOM pay a bigger dividend?
- QCOM pays a dividend (2.11% yield), while AXON has no payments in the available dividend history.
- Is AXON or QCOM more profitable?
- QCOM runs the higher net margin — AXON at 6.91% versus QCOM at 22.31%.
- How have AXON and QCOM total returns compared?
- Over the past 10 years, AXON delivered 33.71% and QCOM delivered 13.58% annualized total return. Past performance doesn't predict future results.
Go deeper
Dig into the metrics
Axon Enterprise P/E ratioQUALCOMM P/E ratioAxon Enterprise dividend yieldQUALCOMM dividend yieldAxon Enterprise ROEQUALCOMM ROEAxon Enterprise operating marginQUALCOMM operating marginAxon Enterprise revenue growthQUALCOMM revenue growthAxon Enterprise free cash flowQUALCOMM free cash flow
Axon Enterprise & QUALCOMM appear in these rankings
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 28, 2026.