IR vs. AXON
IR (Ingersoll-Rand Plc) and AXON (Axon Enterprise, Inc.) are both stocks. Both are in the Industrials sector — IR in Specialty Industrial Machinery, AXON in Aerospace & Defense. Over the past 5 years, IR returned 9.19%/yr vs 22.92%/yr for AXON. At a 0.31 correlation, their price movements are largely independent.
Performance
IR vs. AXON - Performance Comparison
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Returns By Period
In the year-to-date period, IR achieves a -6.54% return, which is significantly higher than AXON's -22.22% return.
IR
- 1D
- 1.09%
- 1M
- 5.19%
- YTD
- -6.54%
- 6M
- -9.45%
- 1Y
- -7.98%
- 3Y*
- 5.01%
- 5Y*
- 9.19%
- 10Y*
- —
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%
IR vs. AXON - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
IR Ingersoll-Rand Plc | -6.54% | -12.34% | 17.06% | 48.21% | -15.41% | 35.85% | 24.21% | 92.80% | -39.73% | 59.67% |
AXON Axon Enterprise, Inc. | -22.22% | -4.44% | 130.06% | 55.69% | 5.69% | 28.13% | 67.21% | 67.50% | 65.09% | 1.92% |
Correlation
The correlation between IR and AXON is 0.17, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.17 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.30 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.36 |
Correlation (All Time) Calculated using the full available price history since May 12, 2017 | 0.31 |
The correlation between IR and AXON shifts across timeframes, from 0.17 (1 year) to 0.36 (5 years), reflecting how their relationship changes across market environments.
Fundamentals
IR:
$1.96
AXON:
$2.41
IR:
37.72
AXON:
183.64
IR:
8.97
AXON:
0.05
IR:
2.85
AXON:
12.70
IR:
$7.78B
AXON:
$2.98B
IR:
$2.98B
AXON:
$1.77B
IR:
$1.55B
AXON:
$156.24M
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Return for Risk
IR vs. AXON — Risk / Return Rank
IR
AXON
IR vs. AXON - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Ingersoll-Rand Plc (IR) and Axon Enterprise, Inc. (AXON). 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.
| IR | AXON | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.47 | ||
| Sortino ratioReturn per unit of downside risk | +0.82 | ||
| Omega ratioGain probability vs. loss probability | 0.97 | 0.87 | +0.10 |
| Calmar ratioReturn relative to maximum drawdown | -0.34 | -0.72 | +0.38 |
| Martin ratioReturn relative to average drawdown | -0.76 | -1.22 | +0.46 |
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Drawdowns
IR vs. AXON - Drawdown Comparison
The maximum IR drawdown since its inception was -50.27%, smaller than the maximum AXON drawdown of -91.78%. Use the drawdown chart below to compare losses from any high point for IR and AXON.
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Drawdown Indicators
| IR | AXON | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -50.27% | -91.78% | +41.51% |
Max Drawdown (1Y)Largest decline over 1 year | -30.56% | -60.28% | +29.72% |
Max Drawdown (3Y)Largest decline over 3 years | -36.62% | -60.28% | +23.66% |
Max Drawdown (5Y)Largest decline over 5 years | -36.62% | -60.28% | +23.66% |
Max Drawdown (10Y)Largest decline over 10 years | — | -60.28% | — |
Current DrawdownCurrent decline from peak | -29.65% | -49.28% | +19.63% |
Average DrawdownAverage peak-to-trough decline | -12.83% | -43.60% | +30.77% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 13.51% | 35.34% | -21.83% |
Volatility
IR vs. AXON - Volatility Comparison
The current volatility for Ingersoll-Rand Plc (IR) is 9.29%, while Axon Enterprise, Inc. (AXON) has a volatility of 17.73%. This indicates that IR experiences smaller price fluctuations and is considered to be less risky than AXON based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| IR | AXON | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 9.29% | 17.73% | -8.44% |
Volatility (6M)Calculated over the trailing 6-month period | 25.60% | 44.20% | -18.60% |
Volatility (1Y)Calculated over the trailing 1-year period | 33.43% | 55.66% | -22.23% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 30.08% | 47.94% | -17.86% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 34.36% | 49.18% | -14.82% |
Dividends
IR vs. AXON - Dividend Comparison
IR's dividend yield for the trailing twelve months is around 0.11%, while AXON has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 |
|---|---|---|---|---|---|---|---|---|
AXON Axon Enterprise, Inc. | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
IR Ingersoll-Rand Plc | 0.11% | 0.10% | 0.09% | 0.10% | 0.15% | 0.03% | 0.00% | 5.78% |
Financials
IR vs. AXON - Financials Comparison
This section allows you to compare key financial metrics between Ingersoll-Rand Plc and Axon Enterprise, 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
IR vs. AXON - Profitability Comparison
IR - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Ingersoll-Rand Plc reported a gross profit of 792.40M and revenue of 1.85B. Therefore, the gross margin over that period was 42.9%.
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%.
IR - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Ingersoll-Rand Plc reported an operating income of 289.70M and revenue of 1.85B, resulting in an operating margin of 15.7%.
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%.
IR - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Ingersoll-Rand Plc reported a net income of 192.10M and revenue of 1.85B, resulting in a net margin of 10.4%.
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%.
Frequently Asked Questions
IR and AXON have a correlation of 0.17, 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 IR (9.29%). In terms of maximum drawdown, IR dropped -50.27% vs AXON's -91.78%.
IR currently has the higher Sharpe Ratio (-0.31 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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