Axon Enterprise, Inc. (AXON) vs Westinghouse Air Brake Technologies Corporation (WAB)
A side-by-side comparison of Axon Enterprise, Inc. and Westinghouse Air Brake Technologies Corporation across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of August 2, 2026. Differences are shown without an overall score or investment verdict.
AXON
Axon Enterprise, Inc.
$527.76IndustrialsAt close: Jul 31, 2026, 4:00 PM ET
WAB
Westinghouse Air Brake Technologies Corporation
$290.86IndustrialsAt close: Jul 31, 2026, 4:00 PM ET
Total return — AXON vs WAB
growth of $100 · dividends reinvested · last 25yAXON +92354.8%WAB +4615.3%AXON compounded faster
Log scale — wide-divergence pair
AXON WAB
AXON vs WAB: by the numbers
- •WAB is the larger company ($49.13B vs $42.54B market cap).
- •WAB trades at the lower trailing earnings multiple (39.09 vs 211.77 P/E), one valuation lens rather than an overall verdict.
- •WAB converts more revenue to profit (10.59% vs 6.91% net margin).
- •AXON grew revenue faster over the past five years (32.56% vs 9.16% CAGR).
- •WAB pays a dividend (0.39% yield), while AXON has no payments in the available dividend history.
Metrics side by side
Valuation
| Metric | AXON | WAB |
|---|---|---|
| P/E ratio | 211.77 | 39.09 |
| Forward P/E | 68.31 | 26.86 |
| P/S ratio | 14.59 | 4.13 |
| P/B ratio | 12.32 | 4.40 |
| PEG ratio | 1.79 | 2.32 |
| EV / EBITDA | 352.69 | 22.41 |
| FCF yield | 0.04% | 3.74% |
Profitability
| Metric | AXON | WAB |
|---|---|---|
| Gross margin | 59.32% | 34.33% |
| Operating margin | 1.28% | 16.54% |
| Net margin | 6.91% | 10.59% |
| ROE | 5.84% | 11.29% |
| ROIC | -1.11% | 7.64% |
Dividends
| Metric | AXON | WAB |
|---|---|---|
| Dividend yield | N/A | 0.39% |
| Payout ratio | N/A | 16.33% |
Growth (annualized)
| Metric | AXON | WAB |
|---|---|---|
| Revenue CAGR (5Y) | 32.56% | 9.16% |
| EPS CAGR (5Y) | 117.98% | 25.77% |
| FCF CAGR (5Y) | 32.23% | 14.38% |
| Total return CAGR (5Y) | 23.18% | 28.63% |
Frequently asked
- Which has the lower trailing P/E, AXON or WAB?
- WAB has the lower trailing P/E: AXON trades at 211.77 and WAB at 39.09. P/E is one valuation measure and does not by itself establish which business is cheaper.
- Which has grown faster, AXON or WAB?
- Over the past five years, AXON grew revenue faster — AXON at a 32.56% CAGR versus WAB at 9.16%.
- Does AXON or WAB pay a bigger dividend?
- WAB pays a dividend (0.39% yield), while AXON has no payments in the available dividend history.
- Is AXON or WAB more profitable?
- WAB runs the higher net margin — AXON at 6.91% versus WAB at 10.59%.
- How have AXON and WAB total returns compared?
- Over the past 10 years, AXON delivered 33.66% and WAB delivered 16.22% annualized total return. Past performance doesn't predict future results.
Go deeper
Dig into the metrics
Axon Enterprise P/E ratioWestinghouse Air Brake Technologies P/E ratioAxon Enterprise dividend yieldWestinghouse Air Brake Technologies dividend yieldAxon Enterprise ROEWestinghouse Air Brake Technologies ROEAxon Enterprise operating marginWestinghouse Air Brake Technologies operating marginAxon Enterprise revenue growthWestinghouse Air Brake Technologies revenue growthAxon Enterprise free cash flowWestinghouse Air Brake Technologies free cash flow
Axon Enterprise & Westinghouse Air Brake Technologies 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 August 2, 2026.