Axon Enterprise, Inc. (AXON) vs United Airlines Holdings, Inc. (UAL)

A side-by-side comparison of Axon Enterprise, Inc. and United Airlines Holdings, Inc. 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

Total returnAXON vs UAL

growth of $100 · dividends reinvested · last 10y
AXON +1835.0% (+34.5%/yr)UAL +110.0% (+7.7%/yr)AXON compounded faster over this window
Log scale — wide-divergence pair
101001k10kStart $10020182020202220242026$1,935$210
AXON UAL

AXON vs UAL: by the numbers

  • AXON is the larger company ($39.51B vs $35.37B market cap).
  • UAL trades at the lower trailing earnings multiple (10.19 vs 203.22 P/E), one valuation lens rather than an overall verdict.
  • AXON converts more revenue to profit (6.20% vs 5.56% net margin).
  • UAL grew revenue faster over the past five years (33.94% vs 31.90% CAGR).

Metrics side by side

Valuation

MetricAXONUAL
P/E ratio203.2210.19
Forward P/E63.5510.84
P/S ratio12.270.56
P/B ratio10.752.12
EV / EBITDA216.367.48
FCF yield0.34%7.19%

Profitability

MetricAXONUAL
Gross margin59.41%65.06%
Operating margin2.61%7.75%
Net margin6.20%5.56%
ROE5.43%20.94%
ROIC1.09%6.46%

Growth (annualized)

MetricAXONUAL
Revenue CAGR (5Y)31.90%33.94%
EPS CAGR (5Y)117.98%N/A
FCF CAGR (5Y)21.08%52.93%
Total return CAGR (5Y)21.66%18.13%

Frequently asked

Which has the lower trailing P/E, AXON or UAL?
UAL has the lower trailing P/E: AXON trades at 203.22 and UAL at 10.19. P/E is one valuation measure and does not by itself establish which business is cheaper.
Which has grown faster, AXON or UAL?
Over the past five years, UAL grew revenue faster — AXON at a 31.90% CAGR versus UAL at 33.94%.
Is AXON or UAL more profitable?
AXON runs the higher net margin — AXON at 6.20% versus UAL at 5.56%.
How have AXON and UAL total returns compared?
Over the past 10 years, AXON delivered 34.25% and UAL delivered 7.40% 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.