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

Axon Enterprise, Inc (AXON) Return on equity

Alert me on Return on equity

Axon Enterprise, Inc's return on equity over the twelve months to 30 June 2026 was 6.22%, up 1.7 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 in line with the Aerospace & Defense industry median of 6.43% and above the Industrials sector median of 4.33%.

Return on equity, annual

Embed this chart

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%
CW Curtiss-Wright Corporation compare 19.8%
HEI Heico Corporation compare 18.4%
HEI.A Heico Corporation compare 18.4%
LHX L3Harris Technologies Inc compare 9.50%
AXON Axon Enterprise, Inc 6.22%
ESLT Elbit Systems Ltd. compare 0.00%
RKLB Rocket Lab Corporation compare −7.92%
TDG Transdigm Group Incorporated compare −25.8%
Aerospace & Defense industry median 6.43%
Industrials sector median 4.33%
Market median 1.35%

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 →

More on AXON