AXON vs FFIV vs XNET Stock Comparison

Axon Enterprise, F5 and Xunlei Prices as of Nov 3, 2026 Peers: Industry group
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AXON Axon Enterprise, Inc.
$416.57 +0.8% 1M -42.5% 1Y
Market cap
$34.02B
P/E
170.7x
Revenue (TTM)
$3.22B
Div. yield
–
Cybersecurity Software Technology
2 wins
FFIV F5, Inc.
$331.15 -27.1% 1M +33.0% 1Y
Market cap
$18.62B
P/E
25.6x
Revenue (TTM)
$3.31B
Div. yield
–
Cybersecurity Software Technology
6 wins
XNET Xunlei Ltd
$3.41 -27.6% 1M -60.8% 1Y
Market cap
$218.63M
P/E
–
Revenue (TTM)
$424.54M
Div. yield
–
Content Delivery Networks Technology
1 win

Head to Head

9 decided of 12

F5 leads on 6 of the 12 questions below (F5 6, Axon Enterprise 2, Xunlei 1). Which ones matter depends on what you are buying for; a cheap multiple and slow growth often come together.

QuestionAXONFFIVXNETLeader
Larger companyMarket capitalisation $34.02B $18.62B $218.63M AXON
Cheaper on earningsLower P/E, profitable companies only 170.7x 25.6x -3.1x FFIV
Cheaper on forward earningsLower price / next fiscal year consensus EPS 52.4x 19.4x — FFIV
Faster revenue growthRevenue growth, trailing twelve months +34.6% +9.4% +40.4% XNET
More profitableNet margin, trailing twelve months 6.2% 22.0% -16.9% FFIV
Better return on capitalReturn on invested capital 0.4% — — –
Less leveragedLower net debt / EBITDA 7.9x — — –
Higher dividend yieldTrailing dividend yield 0.00% 0.00% 0.00% –
Better 1-year returnPrice return, last 12 months -42.5% +33.0% -60.8% FFIV
Better 5-year returnAnnualised price return, 5 years +17.7%/yr +8.3%/yr +3.2%/yr AXON
Less volatileAnnualised volatility, 1 year 61.6% 41.9% 53.0% FFIV
Higher overall scoreMean of the five percentile scores vs peers 47/100 66/100 64/100 FFIV

Percentile Scorecard

AXONFFIVXNET

Each axis is the mean percentile of its metrics against the company's industry group. 100 is the best in the group, 50 the middle.

Scores by Axis

AxisAXONFFIVXNET
Valuation 37 #78 of 124 81 #25 of 124 –
Growth 58 #49 of 114 42 #67 of 114 43 #21 of 36
Profitability 58 #47 of 111 95 #7 of 111 64 #13 of 34
Financial Health 35 #83 of 128 50 #65 of 128 87 #6 of 38
Shareholder Returns – 65 #26 of 73 –
Overall 47 66 64
  • AXON ranked among 136 companies in Infrastructure Software
  • FFIV ranked among 136 companies in Infrastructure Software
  • XNET ranked among 39 companies in Cloud Computing

Price Performance

Price return, split-adjusted, before dividends. Click a name to hide or show it.

Returns

PeriodAXONFFIVXNETSPY
1 month +0.8%-27.1%-27.6% -2.0%
3 months -31.4%-19.7%-36.3% -2.2%
6 months +9.5%-2.6%-44.2% +4.2%
Year to date -26.7%+29.7%-51.9% +10.6%
1 year -42.5%+33.0%-60.8% +10.4%
3 years +91.7%+114.9%+127.3% +73.6%
3 years, per year +24.3%+29.1%+31.5% +20.2%
5 years +125.7%+48.7%+16.8% +61.6%
5 years, per year +17.7%+8.3%+3.2% +10.1%
10 years +1,795.2%+140.3%-28.8% +261.3%
10 years, per year +34.2%+9.2%-3.3% +13.7%

Risk

MeasureAXONFFIVXNETSPY
Volatility, 1Y 61.6%41.9%53.0% 12.8%
Downside volatility, 1Y 61.6%48.4%58.1% 12.8%
Beta vs S&P 500, 1Y 1.531.131.76 1.00
Return / volatility, 1Y -0.690.79-1.15 0.81
Max drawdown, 5Y -60.3%-47.4%-68.7% -25.4%
From 52-week high -42.5%-31.0%-60.8% -3.2%
52-week high $724.10$479.83$8.71 $779.14
52-week low $345.94$223.99$3.41 $631.97

Valuation History

Weekly multiples on trailing twelve-month fundamentals. Negative or extreme readings (a loss year, a collapsed denominator) are left out so the chart stays readable.

MultipleAXONFFIVXNET
P/E now vs peer median 168.4xmedian 38.8x 25.9xmedian 38.8x -3.0xmedian 27.1x
P/S now vs peer median 10.5xmedian 4.4x 5.7xmedian 4.4x 0.5xmedian 4.1x
EV/EBITDA now vs peer median 262.1xmedian 28.6x 18.9xmedian 28.6x —median 21.7x
P/FCF now vs peer median 254.1xmedian 23.6x 19.4xmedian 23.6x —median 16.1x
P/B now vs peer median 9.2xmedian 3.1x 4.9xmedian 3.1x —median 3.4x
PEG now vs peer median 7.35median 1.27 0.81median 1.27 0.03median 0.37

Financial History

Reported figures by fiscal period, placed on the calendar year (or quarter) each period ended in, so companies with different fiscal years line up.

Trailing twelve monthsAXONFFIVXNET
Revenue $3.22B $3.31B $424.54M
Gross profit $1.91B $2.71B $230.55M
Operating income $23.77M $812.13M $5.67M
Net income $199.30M $726.51M $146.48M
Free cash flow $133.19M $969.60M –
R&D $768.36M $593.25M $82.00M
EPS (diluted) $2.41 $12.62 $-1.13
Cash & equivalents $597.70M $1.61B $125.83M
Total debt $1.73B – $56.53M
Shares (diluted) 82.54M 57.55M 63.29M
Enterprise value $28.55B $13.03B -$664.15M

All Metrics

58 metrics · best in bold

Bold marks the best reading: the lowest positive value for multiples, leverage and payout, the highest for everything else. The bar under each value is its percentile against that company's own peers. Hover a value for its rank and the peer median.

Valuation

12 metrics
MetricAXONFFIVXNET
P/E 168.4x 25.9x -3.0x
P/FCF 254.1x 19.4x –
P/Operating cash flow 127.3x 17.9x –
P/S 10.5x 5.7x 0.5x
P/B 9.2x 4.9x –
P/Tangible book 10.0x 4.9x –
EV/EBITDA 262.1x 18.9x –
EV/EBIT 1,468x 21.2x -1.1x
EV/Revenue 10.8x 5.2x 0.0x
EV/FCF 262.0x 17.8x –
EV/Operating cash flow 131.3x 16.4x –
PEG (3Y EPS CAGR) 7.35 0.81 0.03

Growth

14 metrics
MetricAXONFFIVXNET
Revenue growth (1Y) 34.6% 9.4% 40.4%
Revenue CAGR (3Y) 33.2% 5.7% 3.0%
Gross profit growth (1Y) 32.2% 10.5% 35.5%
Gross profit CAGR (3Y) 32.0% 7.1% 13.4%
Operating income growth (1Y) 1,682% 8.1% 126.5%
Operating income CAGR (3Y) -40.2% 25.8% -7.0%
Net income growth (1Y) -38.9% 8.9% -79.7%
Net income CAGR (3Y) 26.5% 29.8% 108.8%
EPS growth (1Y) -39.3% 10.7% -110.0%
EPS CAGR (3Y) 22.9% 31.9% -88.7%
Operating cash flow growth (1Y) -3.5% 6.2% –
Operating cash flow CAGR (3Y) 18.8% 19.3% –
Free cash flow growth (1Y) -24.5% 1.5% –
Free cash flow CAGR (3Y) 6.3% 19.3% –

Profitability

14 metrics
MetricAXONFFIVXNET
Gross margin 59.4% 81.9% 54.3%
EBITDA margin 4.1% 27.5% –
Operating margin 0.7% 24.5% 1.3%
Pretax margin 5.7% 25.8% -20.6%
Net margin 6.2% 22.0% -16.9%
FCF margin 4.1% 29.3% –
Operating cash flow margin 8.3% 31.7% –
Return on equity 5.5% 19.4% –
Return on assets 2.7% 10.9% 11.3%
Return on invested capital 0.4% – –
Return on capital employed 0.4% 16.6% 0.5%
Asset turnover 0.4x 0.5x 0.3x
Cash conversion (OCF / net income) 1.3x 1.4x –
Stock comp / revenue 19.7% 7.6% –

Financial Health

11 metrics
MetricAXONFFIVXNET
Debt / assets 23.1% – 4.8%
Debt / equity 0.5x – –
Net debt / EBITDA 7.9x – –
Debt / FCF 13.0x – –
Liabilities / assets 50.9% 43.5% 16.9%
Equity / assets 49.1% 56.5% –
Interest coverage 0.2x – 2.8x
Current ratio 2.1x 1.7x 2.0x
Quick ratio 1.6x 1.5x 1.9x
Cash ratio 0.5x 0.9x 1.7x
Altman Z-score 6.24 5.67 1.79

Shareholder Returns

7 metrics
MetricAXONFFIVXNET
Dividend yield – – –
Net buyback yield – 0.9% –
Shareholder yield – 0.9% –
Payout ratio (earnings) – – –
Payout ratio (FCF) – – –
Dividend growth (1Y) – – –
Dividend CAGR (3Y) – – –

Analyst Estimates

Solid lines are reported fiscal-year results; dashed lines are the consensus for the years ahead. Hover a year for the analysts' high and low, and how each result compared with its estimate.

ConsensusAXONFFIVXNET
Forward P/E 52.4xFY2026 19.4xFY2027 –
EPS, next fiscal year $7.95FY2026 $17.06FY2027 –
EPS growth, next FY +16.1%FY2026 +34.0%FY2027 –
EPS growth, the year after +29.2% +14.3% –
Revenue, next fiscal year $3.57BFY2026 $3.52BFY2026 –
Revenue growth, next FY +28.3%FY2026 +13.8%FY2026 –
Revenue growth, the year after +41.4% +6.4% –

Institutional Ownership

13F filings, quarter ended Jun 30, 2026
HoldersAXONFFIVXNET
Held by institutions 88.7% 96.6% 11.0%
Institutions holding 1,121 833 52
Change in shares held, QoQ +8.1% -2.6% -8.7%
Institutions buying 670 485 35
Institutions selling 324 240 14
Buyers to sellers 2.07 2.02 2.50

Return Correlation

Daily returns, last 12 months

1.00 means two stocks move in lockstep, 0 that they move independently. Pairs below about 0.5 diversify each other.

AXONFFIVXNET
AXON 1.00 0.13 0.23
FFIV 0.13 1.00 0.24
XNET 0.23 0.24 1.00

Add a Peer

Largest companies in the same industry

Related Comparisons

Frequently Asked Questions

Which is bigger, AXON, FFIV and XNET?

Axon Enterprise (AXON) is the largest by market capitalisation: Axon Enterprise (AXON) $34.02B, F5 (FFIV) $18.62B, Xunlei (XNET) $218.63M.

Which stock is cheaper, AXON, FFIV and XNET?

F5 (FFIV) trades on the lowest price-to-earnings ratio (Axon Enterprise (AXON) 170.7x, F5 (FFIV) 25.6x, Xunlei (XNET) -3.1x). On next year's consensus earnings, F5 (FFIV) is cheapest (Axon Enterprise (AXON) 52.4x, F5 (FFIV) 19.4x). A lower multiple can reflect slower expected growth, so read it next to the growth figures.

Which company is growing faster?

Xunlei (XNET) grew revenue fastest over the trailing twelve months: Axon Enterprise (AXON) +34.6%, F5 (FFIV) +9.4%, Xunlei (XNET) +40.4%.

Which company is more profitable?

F5 (FFIV) has the highest net margin (Axon Enterprise (AXON) 6.2%, F5 (FFIV) 22.0%, Xunlei (XNET) -16.9%).

Which stock has performed better?

Over the past year F5 (FFIV) returned the most: Axon Enterprise (AXON) -42.5%, F5 (FFIV) +33.0%, Xunlei (XNET) -60.8%. Over five years, Axon Enterprise (AXON) compounded fastest (Axon Enterprise (AXON) +17.7%/yr, F5 (FFIV) +8.3%/yr, Xunlei (XNET) +3.2%/yr). Returns are price only, before dividends.

Which stock is riskier?

By one-year price volatility, F5 (FFIV) has been the steadiest (Axon Enterprise (AXON) 61.6%, F5 (FFIV) 41.9%, Xunlei (XNET) 53.0%). Volatility measures how widely the price swings, not the risk of the business.

Which is the better stock, AXON, FFIV and XNET?

There is no single answer; it depends on what you are buying for. On the 12 head-to-head measures on this page, F5 (FFIV) leads on 6. Business Quant does not give investment advice; use the comparison as a starting point for your own research.

Data from SEC filings, exchange prices and consensus estimates, via Business Quant. Percentile scores compare each company with its own peer group, so two companies' scores are each relative to different peers unless you rank against the whole market. Price returns exclude dividends. Nothing on this page is investment advice.