Is AXON or WAB cheaper?

On trailing earnings, WAB is cheaper: AXON trades at a 177.25 P/E and WAB at 37.51.

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 9.07%.

Does AXON or WAB pay a bigger dividend?

WAB pays a dividend (0.42% yield) while AXON does not currently pay one.

Is AXON or WAB more profitable?

WAB runs the higher net margin — AXON at 6.91% versus WAB at 10.52%.

Which has been the better investment, AXON or WAB?

Over the past 10-year, AXON delivered the higher annualized total return — AXON at 34.51% versus WAB at 14.10%. Past performance doesn't predict future results.

Axon Enterprise, Inc. (AXON) vs Westinghouse Air Brake Technologies Corporation (WAB)

WAB leads on 11 of 16 compared metrics.

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 June 13, 2026. The ● marks the stronger figure on each row (cheaper multiple, higher margin/return).

AXON

Axon Enterprise, Inc.

$35.60B

$441.73Industrials

WAB

Westinghouse Air Brake Technologies Corporation

$45.00B

$265.20Industrials

Not enough overlapping price history to compare AXON and WAB.

AXON vs WAB: by the numbers

•WAB is the larger company ($45.00B vs $35.60B market cap).
•WAB trades at the lower earnings multiple (37.51 vs 177.25 P/E).
•WAB converts more revenue to profit (10.52% vs 6.91% net margin).
•AXON grew revenue faster over the past five years (32.56% vs 9.07% CAGR).
•WAB pays a dividend (0.42% yield) while AXON does not currently pay one.

Which is better, AXON or WAB?

Metric tally: AXON 5 · WAB 11

It depends on what you're optimizing for:

ValueWAB(lower P/E)

GrowthAXON(faster 5Y revenue CAGR)

QualityWAB(higher ROIC)

Valuation

Metric	AXON	WAB
P/E ratio	177.25	37.51●
Forward P/E	57.45	24.98●
P/S ratio	12.21	3.93●
P/B ratio	10.31	4.06●
PEG ratio	1.50●	2.32
EV / EBITDA	97.88	22.29●
FCF yield	0.05%	3.63%●

Profitability

Metric	AXON	WAB
Gross margin	59.32%●	33.81%
Operating margin	1.48%	16.10%●
Net margin	6.91%	10.52%●
ROE	5.84%	10.85%●
ROIC	-1.11%	7.64%●

Dividends

Metric	AXON	WAB
Dividend yield	—	0.42%
Payout ratio	—	16.33%

Growth (annualized)

Metric	AXON	WAB
Revenue CAGR (5Y)	32.56%●	9.07%
EPS CAGR (5Y)	117.98%●	25.77%
FCF CAGR (5Y)	32.23%●	9.83%
Total return CAGR (5Y)	22.91%	27.28%●

Frequently asked

Which is better, AXON or WAB?: It depends on your goal. value: WAB (lower P/E); growth: AXON (faster 5Y revenue CAGR); quality: WAB (higher ROIC). Across all compared metrics, WAB leads 11 to 5.
Is AXON or WAB cheaper?: On trailing earnings, WAB is cheaper: AXON trades at a 177.25 P/E and WAB at 37.51.
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 9.07%.
Does AXON or WAB pay a bigger dividend?: WAB pays a dividend (0.42% yield) while AXON does not currently pay one.
Is AXON or WAB more profitable?: WAB runs the higher net margin — AXON at 6.91% versus WAB at 10.52%.
Which has been the better investment, AXON or WAB?: Over the past 10-year, AXON delivered the higher annualized total return — AXON at 34.51% versus WAB at 14.10%. Past performance doesn't predict future results.

Go deeper

Full AXON analysis Full WAB analysis Interactive comparison tool

Dig into the metrics

Axon Enterprise P/E ratio Westinghouse Air Brake Technologies P/E ratio Axon Enterprise dividend yield Westinghouse Air Brake Technologies dividend yield Axon Enterprise ROE Westinghouse Air Brake Technologies ROE Axon Enterprise operating margin Westinghouse Air Brake Technologies operating margin Axon Enterprise revenue growth Westinghouse Air Brake Technologies revenue growth Axon Enterprise free cash flow Westinghouse Air Brake Technologies free cash flow

Axon Enterprise & Westinghouse Air Brake Technologies appear in these rankings

Fastest Revenue Growth Stocks Best 10-Year Total Return Stocks

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.