AXON vs. PM
AXON (Axon Enterprise, Inc.) and PM (Philip Morris International Inc.) are both stocks. AXON operates in Aerospace & Defense (Industrials), while PM operates in Tobacco (Consumer Defensive). Over the past 10 years, AXON returned 34.58%/yr vs 11.71%/yr for PM. At a 0.14 correlation, their price movements are largely independent.
Performance
AXON vs. PM - Performance Comparison
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Returns By Period
In the year-to-date period, AXON achieves a -22.22% return, which is significantly lower than PM's 15.93% return. Over the past 10 years, AXON has outperformed PM with an annualized return of 34.58%, while PM has yielded a comparatively lower 11.71% annualized return.
AXON
- 1D
- -1.00%
- 1M
- 12.72%
- YTD
- -22.22%
- 6M
- -21.72%
- 1Y
- -43.41%
- 3Y*
- 30.96%
- 5Y*
- 22.92%
- 10Y*
- 34.58%
PM
- 1D
- 1.95%
- 1M
- -2.80%
- YTD
- 15.93%
- 6M
- 22.12%
- 1Y
- 3.53%
- 3Y*
- 31.18%
- 5Y*
- 18.78%
- 10Y*
- 11.71%
AXON vs. PM - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
AXON Axon Enterprise, Inc. | -22.22% | -4.44% | 130.06% | 55.69% | 5.69% | 28.13% | 67.21% | 67.50% | 65.09% | 9.32% |
PM Philip Morris International Inc. | 15.93% | 37.99% | 34.34% | -1.85% | 12.31% | 20.78% | 3.69% | 35.02% | -33.30% | 19.85% |
Correlation
The correlation between AXON and PM is -0.12, meaning they tend to move in opposite directions. This is especially valuable for risk management - when one declines, the other has historically tended to hold steady or rise.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | -0.12 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.01 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.02 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.04 |
Correlation (All Time) Calculated using the full available price history since Mar 17, 2008 | 0.14 |
The correlation between AXON and PM shifts across timeframes, from -0.12 (1 year) to 0.14 (all time), reflecting how their relationship changes across market environments.
Fundamentals
AXON:
$36.43B
PM:
$288.03B
AXON:
$2.41
PM:
$7.12
AXON:
183.64
PM:
25.90
AXON:
0.05
PM:
2.81
AXON:
12.70
PM:
6.93
AXON:
$2.98B
PM:
$41.49B
AXON:
$1.77B
PM:
$27.93B
AXON:
$156.24M
PM:
$17.74B
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Return for Risk
AXON vs. PM — Risk / Return Rank
AXON
PM
AXON vs. PM - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Axon Enterprise, Inc. (AXON) and Philip Morris International Inc. (PM). 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 | PM | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.91 | ||
| Sortino ratioReturn per unit of downside risk | -1.41 | ||
| Omega ratioGain probability vs. loss probability | 0.87 | 1.05 | -0.18 |
| Calmar ratioReturn relative to maximum drawdown | -0.72 | 0.18 | -0.89 |
| Martin ratioReturn relative to average drawdown | -1.22 | 0.34 | -1.56 |
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Drawdowns
AXON vs. PM - Drawdown Comparison
The maximum AXON drawdown since its inception was -91.78%, which is greater than PM's maximum drawdown of -42.87%. Use the drawdown chart below to compare losses from any high point for AXON and PM.
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Drawdown Indicators
| AXON | PM | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -91.78% | -42.87% | -48.91% |
Max Drawdown (1Y)Largest decline over 1 year | -60.28% | -20.64% | -39.64% |
Max Drawdown (3Y)Largest decline over 3 years | -60.28% | -20.64% | -39.64% |
Max Drawdown (5Y)Largest decline over 5 years | -60.28% | -22.78% | -37.50% |
Max Drawdown (10Y)Largest decline over 10 years | -60.28% | -42.87% | -17.41% |
Current DrawdownCurrent decline from peak | -49.28% | -3.94% | -45.34% |
Average DrawdownAverage peak-to-trough decline | -43.60% | -10.02% | -33.58% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 35.34% | 10.81% | +24.53% |
Volatility
AXON vs. PM - Volatility Comparison
Axon Enterprise, Inc. (AXON) has a higher volatility of 17.73% compared to Philip Morris International Inc. (PM) at 7.76%. This indicates that AXON's price experiences larger fluctuations and is considered to be riskier than PM based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| AXON | PM | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 17.73% | 7.76% | +9.97% |
Volatility (6M)Calculated over the trailing 6-month period | 44.20% | 21.07% | +23.13% |
Volatility (1Y)Calculated over the trailing 1-year period | 55.66% | 27.73% | +27.93% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 47.94% | 22.73% | +25.21% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 49.18% | 24.46% | +24.72% |
Dividends
AXON vs. PM - Dividend Comparison
AXON has not paid dividends to shareholders, while PM's dividend yield for the trailing twelve months is around 3.13%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
AXON Axon Enterprise, Inc. | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
PM Philip Morris International Inc. | 3.13% | 3.52% | 4.40% | 5.46% | 4.98% | 5.16% | 5.73% | 5.43% | 6.73% | 3.99% | 4.50% | 4.60% |
Financials
AXON vs. PM - Financials Comparison
This section allows you to compare key financial metrics between Axon Enterprise, Inc. and Philip Morris International Inc.. You can select fields from income statements, balance sheets, and cash flow statements to easily visualize and compare the financial health of both companies.
Total Revenue: Total amount of money received from sales and other business activities
AXON vs. PM - Profitability Comparison
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%.
PM - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Philip Morris International Inc. reported a gross profit of 6.91B and revenue of 10.15B. Therefore, the gross margin over that period was 68.1%.
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%.
PM - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Philip Morris International Inc. reported an operating income of 3.89B and revenue of 10.15B, resulting in an operating margin of 38.4%.
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%.
PM - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Philip Morris International Inc. reported a net income of 2.44B and revenue of 10.15B, resulting in a net margin of 24.0%.
Frequently Asked Questions
AXON and PM have a correlation of -0.12, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
AXON has higher volatility (17.73%) compared to PM (7.76%). In terms of maximum drawdown, AXON dropped -91.78% vs PM's -42.87%.
PM currently has the higher Sharpe Ratio (0.13 vs -0.78), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
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