Axon Enterprise, Inc (AXON) vs Elbit Systems Ltd. (ESLT)

Axon Enterprise, Inc and Elbit Systems Ltd. are both Aerospace & Defense companies. Axon Enterprise, Inc and Elbit Systems Ltd. are of similar size ($31.1B and $30.5B). Elbit Systems Ltd. trades at the lower P/E: 47.9× against 155×. Axon Enterprise, Inc grew revenue faster over the last twelve months: 34.6% against 13.7%. Elbit Systems Ltd. has the higher net margin (7.44% vs 6.19%) and the higher return on invested capital (13.3% vs 0.32%). Across the 22 metrics below, Elbit Systems Ltd. leads on 17 and Axon Enterprise, Inc on 5.

Valuation

Metric AXON ESLT Aerospace & Defense median
P/E 155.46 47.87 28.48
P/S 9.65 3.58 2.95
P/B 8.45 7.19 2.68
Price to free cash flow 235.05 44.81 31.70
EV/EBITDA 241.11 30.93 16.85
EV/Sales 9.97 3.50 2.74
Earnings yield 0.64% 2.09% 0.89%
Free cash flow yield 0.43% 2.23% 0.00%

Profitability

Metric AXON ESLT Aerospace & Defense median
Gross margin 59.41% 25.03% 26.41%
Operating margin 0.74% 9.22% 3.69%
Net margin 6.19% 7.44% 2.74%
Free cash flow margin 4.14% 8.00% 0.00%
Return on equity 6.22% 0.00% 4.44%
Return on assets 2.91% 4.90% 1.90%
Return on invested capital 0.32% 13.26% 0.26%

Growth

Metric AXON ESLT Aerospace & Defense median
Revenue growth (TTM) 34.60% 13.70% 18.03%
EPS growth (last fiscal year) (68.54%) 58.64% 24.80%
Revenue growth, 5-year CAGR 32.48% 11.23% 9.73%
Net income growth, 5-year CAGR 0.00% 17.59% 0.00%

Health

Metric AXON ESLT Aerospace & Defense median
Debt to equity 0.47 0.06 0.20
Current ratio 2.15 1.39 2.85
Net debt to EBITDA (0.17) (0.57) 1.29

Dividend

Metric AXON ESLT Aerospace & Defense median
Dividend yield — 0.57% 0.91%
Payout ratio — 0.28 0.30

Size

Metric AXON ESLT Aerospace & Defense median
Market cap 31.08b 30.53b 1.78b

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