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.

Revenue
+27.9%
EPS
+2,433.3%
Free cash flow
+99.2%
Total debt
+0.19%

Quarter to September 2026, against a year earlier

385.55 38.63 −9.11%
Market cap
$31.1B
P/E
120×
Fwd P/E
123×
Dividend yield
—
F-score
5/9
Altman Z
8.02
Beneish M
−2.18
Dividend safety
n/a

Axon Enterprise, Inc (AXON) Return on equity

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Axon Enterprise, Inc's return on equity over the twelve months to 30 September 2026 was 7.61%, up 3.1 percentage points from fiscal 2025 (4.48%). Over the past ten years it has ranged from −5.93% (fiscal 2021) to 19.1% (fiscal 2024); the current reading is higher than 45% of that period. That is above the Aerospace & Defense industry median of 4.44% and above the Industrials sector median of 3.71%.

Return on equity, annual

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Annual newest first

Period Return on equity Change (points)
FY2025 4.48% (14.64)
FY2024 19.1% 6.93
FY2023 12.2% (0.50)
FY2022 12.7% 18.62
FY2021 −5.93% (5.70)
FY2020 −0.23% (0.40)
FY2019 0.17% (9.03)
FY2018 9.20% 5.93
FY2017 3.27% (7.97)
FY2016 11.2% (2.69)

Against its own ten years

Low −5.93% High 19.1%
Ten-year median 9.20%
Current reading's percentile 45

Return on equity against peers

Company Return on equity
WWD Woodward, Inc. compare 22.3%
HEI Heico Corporation compare 18.4%
HEI.A Heico Corporation compare 18.4%
LHX L3Harris Technologies Inc compare 10.1%
AXON Axon Enterprise, Inc 6.22%
HONA Honeywell Aerospace inc. compare 0.00%
ESLT Elbit Systems Ltd. compare 0.00%
ARXS Arxis, Inc. compare 0.00%
RKLB Rocket Lab Corporation compare −7.92%
Aerospace & Defense industry median 4.44%
Industrials sector median 3.71%
Market median 0.51%

What Return on equity is

ROE shows how much profit a company earns for its shareholders on the equity they have in the business.

Annual: Net Income Allotted to Shareholders ÷ Average Common Equity; TTM: Net Income Allotted to Shareholders ÷ Average Common Equity (latest quarter)

The full definition of Return on equity →

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