AXON ENTERPRISE INC (AXON) Stock Fundamental Analysis

NASDAQ:AXON • US05464C1018

584.56 USD
+12.54 (+2.19%)
Last: Mar 3, 2026, 03:05 PM
Overview Stock Chart Technical Analysis Fundamental Analysis Analyst Ratings Earnings Estimates Financials Ownership News
Fundamental Rating

4

Overall AXON gets a fundamental rating of 4 out of 10. We evaluated AXON against 75 industry peers in the Aerospace & Defense industry. Both the profitability and the financial health of AXON get a neutral evaluation. Nothing too spectacular is happening here. AXON shows excellent growth, but is valued quite expensive already.


Dividend Valuation Growth Profitability Health

4

1. Profitability

1.1 Basic Checks

  • AXON had positive earnings in the past year.
  • AXON had a positive operating cash flow in the past year.
  • The reported net income has been mixed in the past 5 years: AXON reported negative net income in multiple years.
  • In the past 5 years AXON always reported a positive cash flow from operatings.
AXON Yearly Net Income VS EBIT VS OCF VS FCFAXON Yearly Net Income VS EBIT VS OCF VS FCFYearly Net Income VS EBIT VS OCF VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 100M -100M 200M 300M 400M

1.2 Ratios

  • AXON has a Return On Assets (3.86%) which is comparable to the rest of the industry.
  • Looking at the Return On Equity, with a value of 8.49%, AXON is in line with its industry, outperforming 58.97% of the companies in the same industry.
Industry RankSector Rank
ROA 3.86%
ROE 8.49%
ROIC N/A
ROA(3y)6.24%
ROA(5y)3.01%
ROE(3y)12.89%
ROE(5y)6.55%
ROIC(3y)N/A
ROIC(5y)N/A
AXON Yearly ROA, ROE, ROICAXON Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 5 -5 10 -10 15

1.3 Margins

  • AXON has a Profit Margin of 10.05%. This is in the better half of the industry: AXON outperforms 79.49% of its industry peers.
  • AXON's Profit Margin has improved in the last couple of years.
  • AXON has a better Gross Margin (60.31%) than 91.03% of its industry peers.
  • In the last couple of years the Gross Margin of AXON has remained more or less at the same level.
Industry RankSector Rank
OM N/A
PM (TTM) 10.05%
GM 60.31%
OM growth 3YN/A
OM growth 5YN/A
PM growth 3YN/A
PM growth 5Y155.54%
GM growth 3Y-1.64%
GM growth 5Y0.59%
AXON Yearly Profit, Operating, Gross MarginsAXON Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 20 40 60

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ROAROEROICOperating and Profit MarginShow most profitable peers

5

2. Health

2.1 Basic Checks

  • AXON does not have a ROIC to compare to the WACC, probably because it is not profitable.
  • Compared to 1 year ago, AXON has more shares outstanding
  • Compared to 5 years ago, AXON has more shares outstanding
  • AXON has a better debt/assets ratio than last year.
AXON Yearly Shares OutstandingAXON Yearly Shares OutstandingYearly Shares Outstanding 2016 2017 2018 2019 2020 2021 2022 2023 2024 20M 40M 60M
AXON Yearly Total Debt VS Total AssetsAXON Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2016 2017 2018 2019 2020 2021 2022 2023 2024 1B 2B 3B 4B

2.2 Solvency

  • An Altman-Z score of 8.55 indicates that AXON is not in any danger for bankruptcy at the moment.
  • AXON has a better Altman-Z score (8.55) than 78.21% of its industry peers.
  • The Debt to FCF ratio of AXON is 13.85, which is on the high side as it means it would take AXON, 13.85 years of fcf income to pay off all of its debts.
  • AXON has a Debt to FCF ratio of 13.85. This is comparable to the rest of the industry: AXON outperforms 52.56% of its industry peers.
  • AXON has a Debt/Equity ratio of 0.57. This is a neutral value indicating AXON is somewhat dependend on debt financing.
  • AXON has a Debt to Equity ratio of 0.57. This is comparable to the rest of the industry: AXON outperforms 42.31% of its industry peers.
Industry RankSector Rank
Debt/Equity 0.57
Debt/FCF 13.85
Altman-Z 8.55
ROIC/WACCN/A
WACC9.29%
AXON Yearly LT Debt VS Equity VS FCFAXON Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 500M 1B 1.5B 2B

2.3 Liquidity

  • A Current Ratio of 3.12 indicates that AXON has no problem at all paying its short term obligations.
  • The Current ratio of AXON (3.12) is better than 62.82% of its industry peers.
  • AXON has a Quick Ratio of 2.89. This indicates that AXON is financially healthy and has no problem in meeting its short term obligations.
  • With a decent Quick ratio value of 2.89, AXON is doing good in the industry, outperforming 75.64% of the companies in the same industry.
Industry RankSector Rank
Current Ratio 3.12
Quick Ratio 2.89
AXON Yearly Current Assets VS Current LiabilitesAXON Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2016 2017 2018 2019 2020 2021 2022 2023 2024 500M 1B 1.5B 2B

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WACCDebt/EquityHow to determine the health of a companyAltman-Z scoreShow peers with great health

8

3. Growth

3.1 Past

  • The Earnings Per Share has grown by an impressive 37.80% over the past year.
  • AXON shows a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 41.41% yearly.
  • Looking at the last year, AXON shows a very strong growth in Revenue. The Revenue has grown by 32.01%.
  • Measured over the past years, AXON shows a very strong growth in Revenue. The Revenue has been growing by 31.44% on average per year.
EPS 1Y (TTM)37.8%
EPS 3Y36.34%
EPS 5Y41.41%
EPS Q2Q%-19.31%
Revenue 1Y (TTM)32.01%
Revenue growth 3Y34.11%
Revenue growth 5Y31.44%
Sales Q2Q%30.57%

3.2 Future

  • The Earnings Per Share is expected to grow by 18.17% on average over the next years. This is quite good.
  • Based on estimates for the next years, AXON will show a quite strong growth in Revenue. The Revenue will grow by 19.50% on average per year.
EPS Next Y9.66%
EPS Next 2Y14.74%
EPS Next 3Y18.17%
EPS Next 5YN/A
Revenue Next Year31.95%
Revenue Next 2Y28.83%
Revenue Next 3Y27.32%
Revenue Next 5Y19.5%

3.3 Evolution

  • Although the future EPS growth is still strong, it is not able to hold up the even more excellent growth rate of the past years.
  • Although the future Revenue growth is still strong, it is not able to hold up the even more excellent growth rate of the past years.
AXON Yearly Revenue VS EstimatesAXON Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030 2031 2032 2B 4B 6B
AXON Yearly EPS VS EstimatesAXON Yearly EPS VS EstimatesYearly EPS VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2 4 6 8

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Find the best growth stocksShow best growing peers

1

4. Valuation

4.1 Price/Earnings Ratio

  • A Price/Earnings ratio of 86.22 indicates a quite expensive valuation of AXON.
  • AXON's Price/Earnings ratio is in line with the industry average.
  • When comparing the Price/Earnings ratio of AXON to the average of the S&P500 Index (27.13), we can say AXON is valued expensively.
  • Based on the Price/Forward Earnings ratio of 75.51, the valuation of AXON can be described as expensive.
  • AXON's Price/Forward Earnings ratio is in line with the industry average.
  • The average S&P500 Price/Forward Earnings ratio is at 28.11. AXON is valued rather expensively when compared to this.
Industry RankSector Rank
PE 86.22
Fwd PE 75.51
AXON Price Earnings VS Forward Price EarningsAXON Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 20 40 60 80

4.2 Price Multiples

  • 66.67% of the companies in the same industry are cheaper than AXON, based on the Enterprise Value to EBITDA ratio.
  • AXON's Price/Free Cash Flow ratio is in line with the industry average.
Industry RankSector Rank
P/FCF 318.08
EV/EBITDA 943.79
AXON Per share dataAXON EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 10 20 30

4.3 Compensation for Growth

  • The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates an expensive valuation of the company.
  • A more expensive valuation may be justified as AXON's earnings are expected to grow with 18.17% in the coming years.
PEG (NY)8.92
PEG (5Y)2.08
EPS Next 2Y14.74%
EPS Next 3Y18.17%

More info and screens

Price/EarningsPrice/FCFFCF per shareEV/EBITDAPEG RATIOShow best valued peers

0

5. Dividend

5.1 Amount

  • AXON does not give a dividend.
Industry RankSector Rank
Dividend Yield 0%

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Find the best dividend stocksShow peers with best dividend

AXON ENTERPRISE INC

NASDAQ:AXON (3/3/2026, 3:05:10 PM)

584.56

+12.54 (+2.19%)

Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupCapital Goods
GICS IndustryAerospace & Defense
Earnings (Last)11-04
Earnings (Next)03-03
Inst Owners84.9%
Inst Owner ChangeN/A
Ins Owners0.59%
Ins Owner Change1.23%
Market Cap46.13B
Revenue(TTM)2.56B
Net Income(TTM)257.10M
Analysts85.19
Price Target781.08 (33.62%)
Short Float %3.38%
Short Ratio2.46
Dividend
Industry RankSector Rank
Dividend Yield 0%
Yearly DividendN/A
Dividend Growth(5Y)N/A
DPN/A
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)8.83%
Min EPS beat(2)-24.5%
Max EPS beat(2)42.17%
EPS beat(4)3
Avg EPS beat(4)17.86%
Min EPS beat(4)-24.5%
Max EPS beat(4)45.27%
EPS beat(8)7
Avg EPS beat(8)19.15%
EPS beat(12)11
Avg EPS beat(12)29.73%
EPS beat(16)15
Avg EPS beat(16)37.88%
Revenue beat(2)1
Avg Revenue beat(2)1.41%
Min Revenue beat(2)-0.97%
Max Revenue beat(2)3.78%
Revenue beat(4)2
Avg Revenue beat(4)0.95%
Min Revenue beat(4)-0.97%
Max Revenue beat(4)3.78%
Revenue beat(8)6
Avg Revenue beat(8)1.46%
Revenue beat(12)10
Avg Revenue beat(12)2.68%
Revenue beat(16)14
Avg Revenue beat(16)3.98%
PT rev (1m)-2.91%
PT rev (3m)-4.81%
EPS NQ rev (1m)0.02%
EPS NQ rev (3m)-0.19%
EPS NY rev (1m)-0.01%
EPS NY rev (3m)-5.76%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)0%
Revenue NY rev (1m)-0.04%
Revenue NY rev (3m)0.79%
Valuation
Industry RankSector Rank
PE 86.22
Fwd PE 75.51
P/S 18.03
P/FCF 318.08
P/OCF 188.84
P/B 15.23
P/tB 22.01
EV/EBITDA 943.79
EPS(TTM)6.78
EY1.16%
EPS(NY)7.74
Fwd EY1.32%
FCF(TTM)1.84
FCFY0.31%
OCF(TTM)3.1
OCFY0.53%
SpS32.42
BVpS38.37
TBVpS26.55
PEG (NY)8.92
PEG (5Y)2.08
Graham Number76.51
Profitability
Industry RankSector Rank
ROA 3.86%
ROE 8.49%
ROCE N/A
ROIC N/A
ROICexc N/A
ROICexgc N/A
OM N/A
PM (TTM) 10.05%
GM 60.31%
FCFM 5.67%
ROA(3y)6.24%
ROA(5y)3.01%
ROE(3y)12.89%
ROE(5y)6.55%
ROIC(3y)N/A
ROIC(5y)N/A
ROICexc(3y)N/A
ROICexc(5y)N/A
ROICexgc(3y)N/A
ROICexgc(5y)N/A
ROCE(3y)3.99%
ROCE(5y)N/A
ROICexgc growth 3YN/A
ROICexgc growth 5YN/A
ROICexc growth 3YN/A
ROICexc growth 5YN/A
OM growth 3YN/A
OM growth 5YN/A
PM growth 3YN/A
PM growth 5Y155.54%
GM growth 3Y-1.64%
GM growth 5Y0.59%
F-Score4
Asset Turnover0.38
Health
Industry RankSector Rank
Debt/Equity 0.57
Debt/FCF 13.85
Debt/EBITDA 37.37
Cap/Depr 134.31%
Cap/Sales 3.88%
Interest Coverage N/A
Cash Conversion 527.78%
Profit Quality 56.41%
Current Ratio 3.12
Quick Ratio 2.89
Altman-Z 8.55
F-Score4
WACC9.29%
ROIC/WACCN/A
Cap/Depr(3y)192.5%
Cap/Depr(5y)286.11%
Cap/Sales(3y)4.12%
Cap/Sales(5y)5.78%
Profit Quality(3y)94.26%
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)37.8%
EPS 3Y36.34%
EPS 5Y41.41%
EPS Q2Q%-19.31%
EPS Next Y9.66%
EPS Next 2Y14.74%
EPS Next 3Y18.17%
EPS Next 5YN/A
Revenue 1Y (TTM)32.01%
Revenue growth 3Y34.11%
Revenue growth 5Y31.44%
Sales Q2Q%30.57%
Revenue Next Year31.95%
Revenue Next 2Y28.83%
Revenue Next 3Y27.32%
Revenue Next 5Y19.5%
EBIT growth 1Y-123.53%
EBIT growth 3YN/A
EBIT growth 5YN/A
EBIT Next Year96.48%
EBIT Next 3Y47.85%
EBIT Next 5YN/A
FCF growth 1Y9.49%
FCF growth 3Y64.36%
FCF growth 5Y46.2%
OCF growth 1Y35.45%
OCF growth 3Y48.58%
OCF growth 5Y44.12%

AXON ENTERPRISE INC / AXON FAQ

Can you provide the ChartMill fundamental rating for AXON ENTERPRISE INC?

ChartMill assigns a fundamental rating of 5 / 10 to AXON.


What is the valuation status of AXON ENTERPRISE INC (AXON) stock?

ChartMill assigns a valuation rating of 1 / 10 to AXON ENTERPRISE INC (AXON). This can be considered as Overvalued.


How profitable is AXON ENTERPRISE INC (AXON) stock?

AXON ENTERPRISE INC (AXON) has a profitability rating of 5 / 10.


What is the valuation of AXON ENTERPRISE INC based on its PE and PB ratios?

The Price/Earnings (PE) ratio for AXON ENTERPRISE INC (AXON) is 86.22 and the Price/Book (PB) ratio is 15.23.


How financially healthy is AXON ENTERPRISE INC?

The financial health rating of AXON ENTERPRISE INC (AXON) is 5 / 10.