Axon Enterprise, Inc. (AXON) vs SBA Communications Corporation (SBAC)

SBAC leads on 10 of 15 compared metrics.

A side-by-side comparison of Axon Enterprise, Inc. and SBA Communications Corporation across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of June 13, 2026. The ● marks the stronger figure on each row (cheaper multiple, higher margin/return).

Not enough overlapping price history to compare AXON and SBAC.

AXON vs SBAC: by the numbers

  • AXON is the larger company ($35.60B vs $21.72B market cap).
  • SBAC trades at the lower earnings multiple (21.53 vs 177.25 P/E).
  • SBAC converts more revenue to profit (35.66% vs 6.91% net margin).
  • AXON grew revenue faster over the past five years (32.56% vs 6.18% CAGR).
  • SBAC pays a dividend (2.30% yield) while AXON does not currently pay one.

Which is better, AXON or SBAC?

Metric tally: AXON 5 · SBAC 10

It depends on what you're optimizing for:

ValueSBAC(lower P/E)
GrowthAXON(faster 5Y revenue CAGR)
QualitySBAC(higher ROIC)

Valuation

MetricAXONSBAC
P/E ratio177.2521.53
Forward P/E57.4524.39
P/S ratio12.217.61
P/B ratio10.31
PEG ratio1.500.48
EV / EBITDA97.8817.49
FCF yield0.05%4.69%

Profitability

MetricAXONSBAC
Gross margin59.32%63.62%
Operating margin1.48%47.63%
Net margin6.91%35.66%
ROE5.84%-21.71%
ROIC-1.11%10.05%

Dividends

MetricAXONSBAC
Dividend yield2.30%
Payout ratio48.02%

Growth (annualized)

MetricAXONSBAC
Revenue CAGR (5Y)32.56%6.18%
EPS CAGR (5Y)117.98%113.83%
FCF CAGR (5Y)32.23%-0.03%
Total return CAGR (5Y)22.91%-6.93%

Frequently asked

Which is better, AXON or SBAC?
It depends on your goal. value: SBAC (lower P/E); growth: AXON (faster 5Y revenue CAGR); quality: SBAC (higher ROIC). Across all compared metrics, SBAC leads 10 to 5.
Is AXON or SBAC cheaper?
On trailing earnings, SBAC is cheaper: AXON trades at a 177.25 P/E and SBAC at 21.53.
Which has grown faster, AXON or SBAC?
Over the past five years, AXON grew revenue faster — AXON at a 32.56% CAGR versus SBAC at 6.18%.
Does AXON or SBAC pay a bigger dividend?
SBAC pays a dividend (2.30% yield) while AXON does not currently pay one.
Is AXON or SBAC more profitable?
SBAC runs the higher net margin — AXON at 6.91% versus SBAC at 35.66%.
Which has been the better investment, AXON or SBAC?
Over the past 10-year, AXON delivered the higher annualized total return — AXON at 34.51% versus SBAC at 8.32%. 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 June 13, 2026.