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Axon Enterprise, Inc. (AXON)
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Axon Enterprise, Inc. (AXON) Enterprise Value (EV): $46.37B

The enterprise value (EV) for Axon Enterprise, Inc. (AXON) is $46.37B as of Tuesday, June 9, 2026.

AXON Enterprise Value (EV) Metrics

ENTERPRISE VALUE (EV)

$46.37B

AXON Competitors' Enterprise Value (EV)

NAMEMARKET CAPENTERPRISE VALUE (EV)
Axon Enterprise, Inc. (AXON)$46.37B
Paychex, Inc. (PAYX)$35.93B$60.27B
Dover Corporation (DOV)$29.76B$28.90B
Xylem Inc. (XYL)$26.35B$33.61B
Rockwell Automation, Inc. (ROK)$51.24B$42.57B
Old Dominion Freight Line, Inc. (ODFL)$51.73B$32.93B
AMETEK, Inc. (AME)$52.67B$49.14B
Fastenal Company (FAST)$53.48B$46.22B
Fortive Corporation (FTV)$19.14B$20.30B
Generac Holdings Inc. (GNRC)$15.36B$8.97B

Enterprise Value Calculation

Market Cap

$36.47B

+

Total Debt

$1.91B

Cash

$1.20B

=

Enterprise Value

$46.37B

EV-Based Valuation Multiples

Why use EV instead of Market Cap?

  • EV accounts for debt - an acquirer must pay or assume it
  • EV deducts cash - the acquirer effectively receives it
  • EV enables fair comparison of companies with different capital structures
  • EV-based ratios (EV/EBITDA, EV/Sales) are capital structure neutral

Axon Enterprise, Inc. Enterprise Value (EV) Formula & Definition

Enterprise Value represents the total value of a company as if you were to acquire it completely - paying for equity while assuming debt and receiving cash.

Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute

Axon Enterprise, Inc. Enterprise Value (EV) FAQ

What is the enterprise value (EV) for Axon Enterprise, Inc. (AXON)?
The enterprise value (EV) for AXON stock is $46.37B.

About Axon Enterprise, Inc.

Axon Enterprise, Inc., founded in 1993 and headquartered in Scottsdale, Arizona, was previously known as TASER International, Inc. until its rebranding in April 2017. The company specializes in the development, production, and sale of conducted energy devices (CEDs) marketed under its well-known TASER brand, catering to both domestic and international clients. Axon's operations are divided into two primary segments: TASER, and Software and Sensors. In addition to its signature TASER devices, such as the TASER 7, X26P, X2, and consumer models, along with their corresponding cartridges, Axon offers an extensive portfolio of hardware and cloud-based software. These solutions are designed to equip law enforcement agencies with the means to capture, securely archive, manage, share, and analyze video and other digital evidence. Key products in this category include on-officer body cameras, Axon Fleet in-car systems, the Axon Evidence digital evidence management platform, Axon Signal-enabled devices, extended hardware warranties, and vital accessories like docks, cartridges, and batteries. Axon distributes its offerings through multiple channels, including its dedicated direct sales force, various distribution partners, its online storefront, and authorized third-party resellers. Furthermore, the company has established a strategic partnership with Fusus, Inc. to enhance the functionality of Axon Respond and the Fusus Real Time Crime Center in the Cloud solution, providing agencies with real-time operational awareness and more efficient investigative processes.

Scottsdale, AZ
5,100 employees
Industrials / Aerospace & Defense
Sector
Industrials
Industry
Aerospace & Defense
CEO
Patrick W. Smith