Axon Enterprise (AXON) vs General Dynamics (GD)
Head-to-head comparison of performance, valuation, growth, profitability and dividends. Prices delayed 15 minutes; data as of Oct 8, 2026.
Summary
General Dynamics (GD) has outperformed Axon Enterprise (AXON) over the past year, losing 4.8% versus a loss of 42.6%. Over five years, AXON leads with a +134.5% price change compared with +58.6% for GD. General Dynamics is the larger company by market cap ($89.26 billion vs $33.90 billion), about 2.6 times the size, while Axon Enterprise is growing revenue faster (+33.5% vs +10.1%).
On valuation, General Dynamics trades at a lower forward P/E (17.7x vs 39.6x for Axon Enterprise). General Dynamics pays a dividend yielding 1.87%, while Axon Enterprise does not currently pay one. General Dynamics converts more of its revenue into profit, with a net margin of 8.0% versus 4.5%.
Summary generated from market data by MetaCap's automated system. Methodology
Relative performance
Percent change in share price from the first common trading day shown; excludes dividends.
Head-to-head
| Metric | AXON | GD |
|---|---|---|
| Share price | $417.31 | $329.90 |
| Market cap | $33.90B | $89.26B |
| 1-day change | +2.79% | +1.00% |
| YTD return | -26.52% | -2.01% |
| 1-year return | -42.63% | -4.77% |
| 5-year return | +134.52% | +58.56% |
| P/E ratio (TTM) | 173.16 | 20.13 |
| Forward P/E | 39.58 | 17.73 |
| EPS (TTM) | $2.41 | $16.39 |
| Dividend yield | 0.00% | 1.87% |
| Annual dividend | $0.00 | $6.18 |
| Revenue (latest FY) | $2.78B | $52.55B |
| Revenue growth (YoY) | +33.47% | +10.13% |
| Net income (latest FY) | $124.66M | $4.21B |
| Gross margin | 59.65% | — |
| Operating margin | -2.23% | 10.19% |
| Net margin | 4.48% | 8.01% |
| 52-week high | $764.02 | $400.00 |
| 52-week low | $339.01 | $306.77 |
| Distance from 52-week high | -45.38% | -17.53% |
| Analyst consensus | buy | buy |
| Avg. price target upside | +68.73% | +25.80% |
| Average volume | 941.83K | 1.14M |
| Shares outstanding | 81.24M | 270.56M |
| Employees | 5,100 | 117,000 |
| Sector | Industrials | Industrials |
| Industry | Aerospace & Defense | Aerospace & Defense |
Highlighted cells mark the higher value for growth, returns, margins and yield, and the lower value for P/E ratios. Highlighting is a mechanical comparison, not a recommendation.
Key differences
- General Dynamics is about 2.6 times larger than Axon Enterprise by market value ($89.26B vs $33.90B).
- GD has outperformed AXON by 37.9 percentage points over the past year.
- Axon Enterprise trades at a higher earnings multiple (173.2x vs 20.1x trailing P/E).
- General Dynamics offers a meaningfully higher dividend yield (1.87% vs 0.00%).
- Axon Enterprise grew revenue faster in its latest fiscal year (+33.47% vs +10.13%).
About Axon Enterprise
AXON stock →Axon Enterprise, Inc. provides public safety technology solutions in the United States and internationally.
Industrials · Aerospace & Defense · 5,100 employees
About General Dynamics
GD stock →General Dynamics Corporation operates as an aerospace and defense company worldwide. It operates through four segments: Aerospace, Marine Systems, Combat Systems, and Technologies.
Industrials · Aerospace & Defense · 117,000 employees
AXON vs GD FAQ
Which is bigger, Axon Enterprise or General Dynamics?
General Dynamics (GD) is larger, with a market capitalization of $89.26B compared with $33.90B for Axon Enterprise (AXON).
Which stock has performed better over the past year, AXON or GD?
GD returned -4.77% over the past 12 months, compared with -42.63% for AXON (price return, excluding dividends). Past performance does not predict future results.
Which has the lower P/E ratio, AXON or GD?
GD has the lower trailing P/E at 20.1, versus 173.2 for AXON. A lower P/E is not by itself a sign of a better investment; it can reflect slower expected growth or higher risk.
Which pays a higher dividend, Axon Enterprise or General Dynamics?
General Dynamics pays a dividend yielding 1.87%, while Axon Enterprise does not currently pay a regular dividend.
Are Axon Enterprise and General Dynamics in the same industry?
Yes. Both are classified in the Aerospace & Defense industry within the Industrials sector.