AXON vs. CYBR

Last updated Jun 24, 2026

AXON (Axon Enterprise, Inc.) and CYBR (CyberArk Software Ltd.) are both stocks. AXON operates in Aerospace & Defense (Industrials), while CYBR operates in Software - Infrastructure (Technology). At a 0.37 correlation, their price movements are largely independent.

Performance

AXON vs. CYBR - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Axon Enterprise, Inc. (AXON) and CyberArk Software Ltd. (CYBR). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

AXON

• 1D: 5.61%
• 1M: 12.19%
• YTD: -23.75%
• 6M: -26.73%
• 1Y: -44.71%
• 3Y*: 31.90%
• 5Y*: 20.87%
• 10Y*: 34.13%

CYBR

• 1D: —
• 1M: —
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

AXON vs. CYBR - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
AXON Axon Enterprise, Inc.	-23.75%	-4.44%	130.06%	55.69%	5.69%	28.13%	67.21%	67.50%	65.09%	9.32%
CYBR CyberArk Software Ltd.	-8.34%	33.89%	52.09%	68.95%	-25.18%	7.23%	38.61%	57.24%	79.13%	-9.03%

Correlation

The correlation between AXON and CYBR is 0.26, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.26
Correlation (3Y) Calculated over the trailing 3-year period	0.38
Correlation (5Y) Calculated over the trailing 5-year period	0.45
Correlation (10Y) Calculated over the trailing 10-year period	0.40
Correlation (All Time) Calculated using the full available price history since Sep 24, 2014	0.37

The correlation between AXON and CYBR shifts across timeframes, from 0.26 (1 year) to 0.45 (5 years), reflecting how their relationship changes across market environments.

Fundamentals

Market Cap AXON : $35.72B CYBR : $20.69B
EPS AXON : $2.41 CYBR : -$2.92
PS Ratio AXON : 12.45 CYBR : 15.13
PB Ratio AXON : 10.11 CYBR : 8.61
Total Revenue (TTM) AXON : $2.98B CYBR : $1.36B
Gross Profit (TTM) AXON : $1.77B CYBR : $1.01B
EBITDA (TTM) AXON : $156.24M CYBR : $59.13M

Return for Risk

AXON vs. CYBR — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

AXON

AXON Risk / Return Rank: 12
AXON Sharpe Ratio Rank: 9
AXON Sortino Ratio Rank: 11
AXON Omega Ratio Rank: 11
AXON Calmar Ratio Rank: 14
AXON Martin Ratio Rank: 14

CYBR

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

AXON vs. CYBR - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Axon Enterprise, Inc. (AXON) and CyberArk Software Ltd. (CYBR). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	AXON	CYBR	Difference
Sharpe ratio: Return per unit of total volatility	-0.80	—	—
Sortino ratio: Return per unit of downside risk	-1.10	—	—
Omega ratio: Gain probability vs. loss probability	0.86	—	—
Calmar ratio: Return relative to maximum drawdown	-0.74	—	—
Martin ratio: Return relative to average drawdown	-1.24	—	—

Drawdowns

Drawdown Indicators

	AXON	CYBR	Difference
Max Drawdown Largest peak-to-trough decline	-91.78%	—	—
Max Drawdown (1Y) Largest decline over 1 year	-60.28%	—	—
Max Drawdown (3Y) Largest decline over 3 years	-60.28%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-60.28%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-60.28%	—	—
Current Drawdown Current decline from peak	-50.28%	—	—
Average Drawdown Average peak-to-trough decline	-43.61%	—	—
Ulcer Index Depth and duration of drawdowns from previous peaks	36.20%	—	—

Volatility

Volatility by Period

	AXON	CYBR	Difference
Volatility (1M) Calculated over the trailing 1-month period	18.74%	—	—
Volatility (6M) Calculated over the trailing 6-month period	44.50%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	56.10%	—	—
Volatility (5Y) Calculated over the trailing 5-year period, annualized	48.04%	—	—
Volatility (10Y) Calculated over the trailing 10-year period, annualized	49.24%	—	—

Dividends

AXON vs. CYBR - Dividend Comparison

Neither AXON nor CYBR has paid dividends to shareholders.

Tickers have no history of dividend payments

Financials

AXON vs. CYBR - Profitability Comparison

The chart below illustrates the profitability comparison between Axon Enterprise, Inc. and CyberArk Software Ltd. over time, highlighting three key metrics: Gross Profit Margin, Operating Margin, and Net Profit Margin.

AXON - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Axon Enterprise, Inc. reported a gross profit of 477.29M and revenue of 807.35M. Therefore, the gross margin over that period was 59.1%.

CYBR - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, CyberArk Software Ltd. reported a gross profit of 267.25M and revenue of 372.65M. Therefore, the gross margin over that period was 71.7%.

AXON - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Axon Enterprise, Inc. reported an operating income of 29.24M and revenue of 807.35M, resulting in an operating margin of 3.6%.

CYBR - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, CyberArk Software Ltd. reported an operating income of 1.75M and revenue of 372.65M, resulting in an operating margin of 0.5%.

AXON - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Axon Enterprise, Inc. reported a net income of 169.31M and revenue of 807.35M, resulting in a net margin of 21.0%.

CYBR - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, CyberArk Software Ltd. reported a net income of -17.11M and revenue of 372.65M, resulting in a net margin of -4.6%.

Frequently Asked Questions

Can I hold both AXON and CYBR in my portfolio?

AXON and CYBR have a correlation of 0.26, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.