Axon Enterprise, Inc AXON

430.11 (14.89) (3.35%) as of 25 Sep
Market cap
$36.2B
P/E
173×
Indexes indicate stock being part of an index,
Growth Flags show if company had growth for consecutive years

Axon Enterprise, Inc (AXON) EV/EBITDA

As of 25 September 2026, Axon Enterprise, Inc (AXON) trades at a EV/EBITDA of 268×. Over the past ten years it has ranged from 0.0× (June 2022) to 7,204× (February 2021); the current reading is higher than 78% of that period. That is above the Aerospace & Defense industry median of 18.7× and above the Industrials sector median of 12.9×.

EV/EBITDA, daily

Annual

Period EV/EBITDA Change
FY2025 2,103× 403.08%
FY2024 418× 308.51%
FY2023 102× 1.88%
FY2022 100× —
FY2021 0.0× —
FY2020 4,208× 461.37%
FY2019 750× 1,153.92%
FY2018 59.8× (4.46%)
FY2017 62.6× 90.86%
FY2016 32.8× 61.78%

Quarterly

Period EV/EBITDA Change
Jun 2026 347× (30.63%)
Mar 2026 500× (76.21%)
Dec 2025 2,103× 74.81%
Sep 2025 1,203× 23.52%
42 more quarters

Against its own ten years

Low 0.0× High 7,204×
Ten-year median 99.2×
Current reading's percentile 78

EV/EBITDA against peers

Company EV/EBITDA
RKLB Rocket Lab Corporation compare n/m
LHX L3Harris Technologies Inc compare 14.6×
TDG Transdigm Group Incorporated compare 18.7×
HEI.A Heico Corporation compare 23.7×
CW Curtiss-Wright Corporation compare 25.3×
WWD Woodward, Inc. compare 26.4×
HEI Heico Corporation compare 31.1×
ESLT Elbit Systems Ltd. compare 34.8×
AXON Axon Enterprise, Inc 268×
Aerospace & Defense industry median 18.7×
Industrials sector median 12.9×
Market median 11.0×

What EV/EBITDA is

Enterprise Value over EBITDA tells an investor how the market values a whole company, with debt added and cash taken off, against its operating earnings.

((Stock Price × Shares (Basic, Weighted) (latest quarter)) + (Long Term Debt (Total) (latest quarter) + Current Part of Debt (latest quarter)) − Cash & Short Term Investments (latest quarter)) ÷ EBITDA (TTM)

The full definition of EV/EBITDA →

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