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.
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Axon Enterprise, Inc (AXON) Return on invested capital
Axon Enterprise, Inc's return on invested capital over the twelve months to 30 June 2026 was 0.32%, up 1.5 percentage points from fiscal 2025 (−1.20%). Over the past ten years it has ranged from −16.8% (fiscal 2021) to 46.8% (fiscal 2015); the current reading is higher than 36% of that period. That is below the Aerospace & Defense industry median of 1.56% and below the Industrials sector median of 2.30%.
Return on invested capital, annual
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Annual newest first
| Period | Return on invested capital | Change (points) |
|---|---|---|
| FY2025 | −1.20% | (3.01) |
| FY2024 | 1.81% | (8.27) |
| FY2023 | 10.1% | 4.08 |
| FY2022 | 6.00% | 22.82 |
| FY2021 | −16.8% | (14.78) |
| FY2020 | −2.04% | (0.04) |
| FY2019 | −2.00% | (15.17) |
| FY2018 | 13.2% | 3.65 |
| FY2017 | 9.52% | (22.68) |
| FY2016 | 32.2% | (14.57) |
Against its own ten years
Return on invested capital against peers
| Company | Return on invested capital |
|---|---|
| TDG Transdigm Group Incorporated compare | 14.3% |
| ESLT Elbit Systems Ltd. compare | 13.3% |
| CW Curtiss-Wright Corporation compare | 13.2% |
| WWD Woodward, Inc. compare | 12.3% |
| HEI Heico Corporation compare | 10.6% |
| HEI.A Heico Corporation compare | 10.6% |
| LHX L3Harris Technologies Inc compare | 5.12% |
| AXON Axon Enterprise, Inc | 0.32% |
| RKLB Rocket Lab Corporation compare | −11.5% |
| Aerospace & Defense industry median | 1.56% |
| Industrials sector median | 2.30% |
| Market median | 0.00% |
What Return on invested capital is
Return on Invested Capital shows how much after-tax operating profit a company earns on the money its lenders and shareholders have put in.
TTM: (Operating Income × 0.625) ÷ (Shareholders Equity (Total) (latest quarter) + Long Term Debt (Total) (latest quarter) + Current Part of Debt (latest quarter) − Cash & Short Term Investments (latest quarter)); Annual: (Operating Income × 0.625) ÷ (Shareholders Equity (Total) + Long Term Debt (Total) + Current Part of Debt − Cash & Short Term Investments)
More on AXON
- Revenue
- Net income
- EPS (diluted)
- EBITDA
- Free cash flow
- Operating cash flow
- Gross margin
- Operating margin
- Net margin
- Free cash flow margin
- P/E ratio
- P/S ratio
- P/B ratio
- Price to free cash flow
- EV/EBITDA
- EV/Sales
- EV/FCF
- Return on equity
- Return on assets
- Debt to equity
- Current ratio
- Total debt
- Shares outstanding
- Book value per share
- Revenue growth
- Piotroski F-score
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- The full statement