Axon Enterprise, Inc. (AXON)

Axon Enterprise Ratios and Metrics

Market cap in millions USD. Fiscal year is January - December.

Fiscal Year	Current	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Nov 28, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Market Capitalization	42,623	45,320	19,358	11,808	10,749	7,787
Market Cap Growth	-6.09%	134.12%	63.93%	9.85%	38.05%	79.07%
Enterprise Value	42,277	44,893	18,888	11,454	10,175	7,285
Last Close Price	540.14	594.32	258.33	165.93	157.00	122.53
PE Ratio	172.63	120.20	110.12	80.37	-	-
Forward PE	78.17	102.43	67.61	70.38	104.85	98.35
PS Ratio	16.35	21.76	12.40	9.95	12.45	11.43
PB Ratio	14.07	19.47	11.98	9.31	10.26	7.98
P/TBV Ratio	20.34	32.47	12.58	9.75	10.87	8.27
P/FCF Ratio	293.91	137.53	149.33	65.76	144.08	-
P/OCF Ratio	174.49	110.99	102.28	50.17	86.35	202.35
PEG Ratio	3.14	4.16	4.48	4.66	6.97	5.25
EV/Sales Ratio	16.53	21.56	12.10	9.65	11.79	10.70
EV/EBITDA Ratio	593.79	358.36	105.66	98.67	-	-
EV/EBIT Ratio	-	584.17	118.46	123.20	-	-
EV/FCF Ratio	291.53	136.23	145.71	63.79	136.38	-
Debt / Equity Ratio	0.69	0.31	0.45	0.57	0.03	0.03
Debt / EBITDA Ratio	23.54	5.23	3.81	5.75	-	3.92
Debt / FCF Ratio	14.48	2.22	5.54	4.00	0.36	-
Asset Turnover	0.48	0.53	0.50	0.52	0.56	0.61
Inventory Turnover	3.44	3.14	2.56	2.96	3.25	4.11
Quick Ratio	2.73	1.13	2.65	2.54	2.26	3.34
Current Ratio	3.12	1.37	3.14	3.00	2.65	3.83
Return on Equity (ROE)	10.03%	19.12%	12.19%	12.69%	-5.93%	-0.23%
Return on Assets (ROA)	-0.03%	1.22%	3.18%	2.56%	-6.85%	-0.73%
Return on Capital (ROIC)	-0.04%	1.78%	4.61%	3.80%	-10.13%	-1.04%
Return on Capital Employed (ROCE)	-0.10%	2.70%	6.00%	4.10%	-13.20%	-1.20%
Earnings Yield	0.60%	0.83%	0.91%	1.24%	-0.56%	-0.02%
FCF Yield	0.34%	0.73%	0.67%	1.52%	0.69%	-0.44%
Buyback Yield / Dilution	-6.15%	-4.11%	-4.03%	-9.58%	-7.14%	-2.94%

Updated Nov 4, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q