Pricing Log in Create free account
Saturday 17 October 2026 Export AXON’s income statement to Excel — free account

Axon Enterprise, Inc

AXON Industrials Aerospace & Defense

Axon Enterprise, Inc’s revenue for fiscal 2025 (year ended December 2025) was $2.8 billion, up 33.5% from fiscal 2024. In the quarter to June 2026, revenue grew 35.3%, EPS fell 19.6%, free cash flow grew 99.2% and total debt was flat, each against the same quarter a year earlier. Member of the S&P 500 and Nasdaq 100; revenue growth for ten consecutive years.

390.29 26.90 −6.45%
Market cap
$33.9B
P/E
157×
Fwd P/E
136×
Dividend yield
—
F-score
5/9
Altman Z
8.02
Beneish M
−2.18
Dividend safety
n/a
Overview Business Profile Financial Analysis Income Statement Balance Sheet Cash Flow Metrics & Ratios Filings 10-Q 10-K

Axon Enterprise, Inc (AXON) P/B ratio

Alert me on P/B ratio

As of 16 October 2026, Axon Enterprise, Inc (AXON) trades at a P/B ratio of 8.6×. Over the past ten years it has ranged from 4.9× (January 2016) to 24.9× (December 2024); the current reading is higher than 40% of that period. That is above the Aerospace & Defense industry median of 2.6× and above the Industrials sector median of 2.2×.

P/B ratio, daily

Embed this chart

Annual newest first

Period P/B ratio Change
FY2025 13.7× (29.29%)
FY2024 19.3× 67.38%
FY2023 11.6× 22.54%
FY2022 9.4× (4.92%)
FY2021 9.9× 27.90%
FY2020 7.8× (2.84%)
FY2019 8.0× 51.17%
FY2018 5.3× (36.85%)
FY2017 8.4× (2.56%)
FY2016 8.6× 45.49%

Quarterly newest first

Period P/B ratio Change
Jun 2026 12.3× 27.63%
Mar 2026 9.6× (29.57%)
Dec 2025 13.7× (26.42%)
Sep 2025 18.6× (21.36%)
42 more quarters

Against its own ten years

Low 4.9× High 24.9×
Ten-year median 9.3×
Current reading's percentile 40

P/B ratio against peers

Company P/B ratio
TDG Transdigm Group Incorporated compare n/m
LHX L3Harris Technologies Inc compare 2.3×
HEI.A Heico Corporation compare 6.5×
CW Curtiss-Wright Corporation compare 6.7×
WWD Woodward, Inc. compare 7.9×
ESLT Elbit Systems Ltd. compare 8.3×
AXON Axon Enterprise, Inc 8.6×
HEI Heico Corporation compare 8.6×
RKLB Rocket Lab Corporation compare 9.2×
Aerospace & Defense industry median 2.6×
Industrials sector median 2.2×
Market median 1.7×

What P/B ratio is

Price to Book Value tells an investor how much the market pays for a company’s shares relative to the accounting net worth that belongs to common shareholders.

Stock Price ÷ (Common Equity (Total) (latest quarter) ÷ Shares (Basic, Weighted) (latest quarter))

The full definition of P/B ratio →

More on AXON