STN.TO vs. AXON
STN.TO (Stantec Inc.) and AXON (Axon Enterprise, Inc.) are both stocks. Both are in the Industrials sector — STN.TO in Engineering & Construction, AXON in Aerospace & Defense. Over the past 10 years, STN.TO returned 13.46%/yr vs 36.63%/yr for AXON. At a 0.20 correlation, their price movements are largely independent.
Performance
STN.TO vs. AXON - Performance Comparison
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Different Trading Currencies
STN.TO is traded in CAD, while AXON is traded in USD. To make them comparable, the AXON values have been converted to CAD using the latest available exchange rates.
Returns By Period
In the year-to-date period, STN.TO achieves a -20.63% return, which is significantly lower than AXON's -15.54% return. Over the past 10 years, STN.TO has underperformed AXON with an annualized return of 13.46%, while AXON has yielded a comparatively higher 36.63% annualized return.
STN.TO
- 1D
- -0.36%
- 1M
- -14.21%
- YTD
- -20.63%
- 6M
- -22.25%
- 1Y
- -29.01%
- 3Y*
- 8.82%
- 5Y*
- 14.98%
- 10Y*
- 13.46%
AXON
- 1D
- -2.83%
- 1M
- 19.16%
- YTD
- -15.54%
- 6M
- -14.16%
- 1Y
- -39.30%
- 3Y*
- 36.14%
- 5Y*
- 29.65%
- 10Y*
- 36.63%
STN.TO vs. AXON - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
STN.TO Stantec Inc. | -20.63% | 15.61% | 6.81% | 65.43% | -7.62% | 74.09% | 14.27% | 24.95% | -13.44% | 5.18% |
AXON Axon Enterprise, Inc. | -15.54% | -8.80% | 149.54% | 51.98% | 12.39% | 28.07% | 63.24% | 60.59% | 78.98% | 1.92% |
Correlation
The correlation between STN.TO and AXON is 0.35, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.35 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.35 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.33 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.24 |
Correlation (All Time) Calculated using the full available price history since Jul 7, 2006 | 0.20 |
The correlation between STN.TO and AXON shifts across timeframes, from 0.20 (all time) to 0.35 (1 year), reflecting how their relationship changes across market environments.
Fundamentals
STN.TO:
CA$11.70B
AXON:
$38.85B
STN.TO:
CA$4.30
AXON:
$2.41
STN.TO:
23.88
AXON:
195.83
STN.TO:
1.00
AXON:
0.06
STN.TO:
1.48
AXON:
13.54
STN.TO:
3.47
AXON:
10.99
STN.TO:
CA$7.92B
AXON:
$2.98B
STN.TO:
CA$3.40B
AXON:
$1.77B
STN.TO:
CA$1.13B
AXON:
$156.24M
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Return for Risk
STN.TO vs. AXON — Risk / Return Rank
STN.TO
AXON
STN.TO vs. AXON - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Stantec Inc. (STN.TO) 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.
| STN.TO | AXON | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.35 | ||
| Sortino ratioReturn per unit of downside risk | -0.50 | ||
| Omega ratioGain probability vs. loss probability | 0.82 | 0.89 | -0.07 |
| Calmar ratioReturn relative to maximum drawdown | -0.79 | -0.66 | -0.13 |
| Martin ratioReturn relative to average drawdown | -1.77 | -1.14 | -0.63 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| STN.TO | AXON | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | -1.05 | -0.71 | -0.35 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.63 | 0.62 | +0.02 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.57 | 0.74 | -0.17 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.46 | 0.47 | -0.01 |
Drawdowns
STN.TO vs. AXON - Drawdown Comparison
The maximum STN.TO drawdown since its inception was -58.12%, smaller than the maximum AXON drawdown of -91.44%. Use the drawdown chart below to compare losses from any high point for STN.TO and AXON.
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Drawdown Indicators
| STN.TO | AXON | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -58.12% | -91.44% | +33.32% |
Max Drawdown (1Y)Largest decline over 1 year | -36.84% | -60.04% | +23.20% |
Max Drawdown (3Y)Largest decline over 3 years | -36.84% | -60.04% | +23.20% |
Max Drawdown (5Y)Largest decline over 5 years | -36.84% | -60.04% | +23.20% |
Max Drawdown (10Y)Largest decline over 10 years | -36.84% | -60.04% | +23.20% |
Current DrawdownCurrent decline from peak | -35.14% | -45.11% | +9.97% |
Average DrawdownAverage peak-to-trough decline | -13.03% | -45.14% | +32.11% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 16.42% | 34.59% | -18.17% |
Volatility
STN.TO vs. AXON - Volatility Comparison
The current volatility for Stantec Inc. (STN.TO) is 13.38%, while Axon Enterprise, Inc. (AXON) has a volatility of 19.16%. This indicates that STN.TO 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
| STN.TO | AXON | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 13.38% | 19.16% | -5.78% |
Volatility (6M)Calculated over the trailing 6-month period | 23.66% | 44.45% | -20.79% |
Volatility (1Y)Calculated over the trailing 1-year period | 27.65% | 55.96% | -28.31% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 23.76% | 48.29% | -24.53% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 23.86% | 49.68% | -25.82% |
Dividends
STN.TO vs. AXON - Dividend Comparison
STN.TO's dividend yield for the trailing twelve months is around 0.90%, while AXON has not paid dividends to shareholders.
| 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% |
STN.TO Stantec Inc. | 0.90% | 0.69% | 0.74% | 0.73% | 1.11% | 0.93% | 1.50% | 1.58% | 1.84% | 1.42% | 1.33% | 1.22% |
Financials
STN.TO vs. AXON - Financials Comparison
This section allows you to compare key financial metrics between Stantec Inc. 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
STN.TO vs. AXON - Profitability Comparison
STN.TO - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Stantec Inc. reported a gross profit of 819.30M and revenue of 2.07B. Therefore, the gross margin over that period was 39.6%.
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%.
STN.TO - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Stantec Inc. reported an operating income of 174.60M and revenue of 2.07B, resulting in an operating margin of 8.4%.
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%.
STN.TO - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Stantec Inc. reported a net income of 110.80M and revenue of 2.07B, resulting in a net margin of 5.4%.
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
STN.TO and AXON have a correlation of 0.35, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
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