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) Price to free cash flow

As of 25 September 2026, Axon Enterprise, Inc (AXON) trades at a price to free cash flow of 262×. Over the past ten years it has ranged from 0.0× (March 2021) to 2,297× (June 2021); the current reading is higher than 86% of that period. That is above the Aerospace & Defense industry median of 34.0× and above the Industrials sector median of 20.6×.

Price to free cash flow, daily

Annual

Period Price to free cash flow Change
FY2025 599× 336.95%
FY2024 137× (5.74%)
FY2023 145× 117.89%
FY2022 66.7× (52.32%)
FY2021 140× —
FY2020 0.0× —
FY2019 87.9× 85.96%
FY2018 47.3× (76.18%)
FY2017 199× 95.13%
FY2016 102× 339.32%

Quarterly

Period Price to free cash flow Change
Jun 2026 342× (81.45%)
Mar 2026 1,842× 207.60%
Dec 2025 599× 53.22%
Sep 2025 391× 6.19%
42 more quarters

Against its own ten years

Low 0.0× High 2,297×
Ten-year median 115×
Current reading's percentile 86

Price to free cash flow against peers

Company Price to free cash flow
RKLB Rocket Lab Corporation compare n/m
LHX L3Harris Technologies Inc compare 15.8×
CW Curtiss-Wright Corporation compare 31.4×
HEI.A Heico Corporation compare 31.5×
TDG Transdigm Group Incorporated compare 33.2×
HEI Heico Corporation compare 41.8×
ESLT Elbit Systems Ltd. compare 50.3×
WWD Woodward, Inc. compare 52.1×
AXON Axon Enterprise, Inc 262×
Aerospace & Defense industry median 34.0×
Industrials sector median 20.6×
Market median 14.0×

What Price to free cash flow is

Price to Free Cash Flow Ratio shows how much investors pay for each dollar of cash a company generates after its capital spending.

Stock Price ÷ ((Operating Cash Flow (TTM) + Property, Plant, Equipment Change (Net) (TTM) + Intangible Assets Change (Net) (TTM)) ÷ (Shares (Basic, Weighted) (latest quarter)))

The full definition of Price to free cash flow →

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