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Axon Enterprise, Inc. (AXON) EV/EBITDA Ratio: 200.89x

Is Axon Enterprise, Inc.’s EV/EBITDA ratio high or low?

Axon Enterprise, Inc.'s EV/EBITDA ratio of 200.89x is 58% below its 5-year average of 479.67x, near the low end of its 5-year range (59.88x–2053.16x).

The EV/EBITDA ratio for Axon Enterprise, Inc. (AXON) is 200.89x as of Tuesday, June 9, 2026. It is above its 12-month average by 20.18% (167.16x).

AXON EV/EBITDA Ratio Chart

AXON EV/EBITDA Ratio
200.89x+21.13% 1Y
Zoom

AXON Average EV/EBITDA Ratio Chart

AXON Current vs Average EV/EBITDA Ratio Chart

AXON EV/EBITDA Ratio Metrics

EV/EBITDA RATIO

200.89x

EV/EBITDA RATIO AVG TTM

167.16x

EV/EBITDA RATIO AVG 3Y

126.22x

EV/EBITDA RATIO AVG 5Y

479.67x

EV/EBITDA RATIO AVG 10Y

376.88x

EV/EBITDA RATIO AVG 15Y

262.38x

EV/EBITDA RATIO AVG 20Y

210.74x

CURRENT VS TTM AVG

+20.18%

CURRENT VS 3Y AVG

+59.16%

CURRENT VS 5Y AVG

-58.12%

CURRENT VS 10Y AVG

-46.70%

CURRENT VS 15Y AVG

-23.44%

CURRENT VS 20Y AVG

-4.68%

AXON Competitors' EV/EBITDA Ratio

NAMEMARKET CAPEV/EBITDA RATIOTTM3Y5Y
Axon Enterprise, Inc. (AXON)200.89x167.16x126.22x479.67x
Paychex, Inc. (PAYX)$35.93B13.99x17.36x18.99x20.24x
Dover Corporation (DOV)$29.76B17.78x15.78x14.39x14.47x
Xylem Inc. (XYL)$26.35B15.60x18.80x22.83x24.29x
Rockwell Automation, Inc. (ROK)$51.24B35.61x30.62x23.84x23.90x
Old Dominion Freight Line, Inc. (ODFL)$51.73B30.35x20.43x20.88x20.46x
AMETEK, Inc. (AME)$52.67B24.15x22.96x21.11x20.82x
Fastenal Company (FAST)$53.48B29.81x29.08x25.34x23.75x
Fortive Corporation (FTV)$19.14B20.59x15.21x14.57x14.06x
Generac Holdings Inc. (GNRC)$15.36B35.79x21.15x18.24x19.94x

EV/EBITDA vs. its own history

At 200.9, EV/EBITDA is richer than usual — richer than 87% of its 20-year range.

20-year low

6.1

median

67.8

20-year high

2053.2

cheaperricher

Understanding EV/EBITDA

Enterprise Value (EV) = Market Cap + Total Debt - Cash

EBITDA = Earnings Before Interest, Taxes, Depreciation & Amortization

EV/EBITDA is commonly used for comparing companies because:

  • It accounts for debt levels (capital structure neutral)
  • It removes effects of different depreciation policies
  • It can be compared across countries with different tax rates
  • It can remain available when net income is negative, if EBITDA is positive

Axon Enterprise, Inc. EV/EBITDA Ratio Formula & Definition

EV/EBITDA = Enterprise Value / EBITDA (TTM)

Enterprise value to EBITDA is a capital-structure-neutral valuation multiple, useful for comparing companies with different debt levels and tax rates.

Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute

Axon Enterprise, Inc. EV/EBITDA Ratio FAQ

What is the EV/EBITDA ratio for Axon Enterprise, Inc. (AXON)?
The EV/EBITDA ratio for AXON stock is 200.89x.
Is Axon Enterprise, Inc.'s EV/EBITDA ratio high or low?
Axon Enterprise, Inc.'s EV/EBITDA ratio of 200.89x is 58% below its 5-year average of 479.67x, near the low end of its 5-year range (59.88x–2053.16x).
What is the TTM average EV/EBITDA ratio for Axon Enterprise, Inc. (AXON)?
The TTM average EV/EBITDA ratio for AXON stock is 167.16x.
What is the 3Y average EV/EBITDA ratio for Axon Enterprise, Inc. (AXON)?
The 3Y average EV/EBITDA ratio for AXON stock is 126.22x.
What is the 5Y average EV/EBITDA ratio for Axon Enterprise, Inc. (AXON)?
The 5Y average EV/EBITDA ratio for AXON stock is 479.67x.
What is the 10Y average EV/EBITDA ratio for Axon Enterprise, Inc. (AXON)?
The 10Y average EV/EBITDA ratio for AXON stock is 376.88x.
What is the 15Y average EV/EBITDA ratio for Axon Enterprise, Inc. (AXON)?
The 15Y average EV/EBITDA ratio for AXON stock is 262.38x.
What is the 20Y average EV/EBITDA ratio for Axon Enterprise, Inc. (AXON)?
The 20Y average EV/EBITDA ratio for AXON stock is 210.74x.

Axon Enterprise, Inc. EV/EBITDA Ratio History

DATEEV/EBITDA RATIO
2026-06-09200.89x
2026-06-08208.83x
2026-06-05215.28x
2026-06-04226.87x
2026-06-03213.29x
2026-06-02216.99x
2026-06-01211.32x
2026-05-29199.26x
2026-05-28195.24x
2026-05-27174.68x
2026-05-26172.10x
2026-05-22172.40x
2026-05-21174.05x
2026-05-20177.73x
2026-05-19175.12x
2026-05-18178.13x
2026-05-15174.92x
2026-05-14173.34x
2026-05-13168.47x
2026-05-12175.68x
2026-05-11175.98x
2026-05-08179.92x
2026-05-07189.91x
2026-05-06172.34x
2026-05-05147.60x
2026-05-04152.60x
2026-05-01155.86x
2026-04-30155.65x
2026-04-29155.19x
2026-04-28157.38x
2026-04-27155.97x
2026-04-24153.89x
2026-04-23152.18x
2026-04-22156.18x
2026-04-21156.86x
2026-04-20156.41x
2026-04-17156.07x
2026-04-16152.35x
2026-04-15155.81x
2026-04-14147.70x
2026-04-13139.61x
2026-04-10134.40x
2026-04-09136.45x
2026-04-08151.76x
2026-04-07144.65x
2026-04-06159.96x
2026-04-02159.86x
2026-04-01163.96x
2026-03-31164.38x
2026-03-30160.72x
2026-03-27166.38x
2026-03-26174.19x
2026-03-25177.88x
2026-03-24176.53x
2026-03-23195.83x
2026-03-20191.63x
2026-03-19193.88x
2026-03-18196.26x
2026-03-17195.56x
2026-03-16189.11x
2026-03-13191.60x
2026-03-12192.83x
2026-03-11199.74x
2026-03-10204.46x
2026-03-09215.54x
2026-03-06221.23x
2026-03-05219.89x
2026-03-04219.63x
2026-03-03223.16x
2026-03-02220.47x
2026-02-27209.20x
2026-02-26212.16x
2026-02-25200.74x
2026-02-24171.17x
2026-02-23108.98x
2026-02-20111.62x
2026-02-19113.44x
2026-02-18110.66x
2026-02-17111.12x
2026-02-13110.55x
2026-02-12112.10x
2026-02-11111.75x
2026-02-10114.91x
2026-02-09111.58x
2026-02-06106.65x
2026-02-05102.98x
2026-02-04110.80x
2026-02-03116.00x
2026-02-02118.20x
2026-01-30124.14x
2026-01-29130.70x
2026-01-28140.86x
2026-01-27156.08x
2026-01-26154.79x
2026-01-23156.82x
2026-01-22155.35x
2026-01-21156.09x
2026-01-20158.68x
2026-01-16162.60x
2026-01-15162.89x
2026-01-14160.88x
2026-01-13163.98x
2026-01-12161.51x
2026-01-09161.50x
2026-01-08156.78x
2026-01-07158.78x
2026-01-06160.23x
2026-01-05151.28x
2026-01-02144.29x
2025-12-31145.42x
2025-12-30146.47x
2025-12-29148.60x
2025-12-26149.43x
2025-12-24151.27x
2025-12-23151.24x
2025-12-22153.55x
2025-12-19152.04x
2025-12-18144.25x
2025-12-17140.90x
2025-12-16142.17x
2025-12-15141.35x
2025-12-12144.50x
2025-12-11148.72x
2025-12-10145.53x
2025-12-09140.05x
2025-12-08141.68x
2025-12-05141.14x
2025-12-04141.05x
2025-12-03139.27x
2025-12-02137.81x
2025-12-01136.66x
2025-11-28138.41x
2025-11-26136.65x
2025-11-25135.57x
2025-11-24134.49x
2025-11-21133.83x
2025-11-20133.23x
2025-11-19136.13x
2025-11-18136.80x
2025-11-17139.19x
2025-11-14142.00x
2025-11-13142.74x
2025-11-12145.82x
2025-11-11146.49x
2025-11-10149.65x
2025-11-07154.14x
2025-11-06150.26x
2025-11-05163.48x
2025-11-04180.27x
2025-11-03182.16x
2025-10-31184.15x
2025-10-30185.79x
2025-10-29190.84x
2025-10-28189.75x
2025-10-27188.27x
2025-10-24185.07x
2025-10-23180.26x
2025-10-22176.51x
2025-10-21177.97x
2025-10-20172.09x
2025-10-17169.04x
2025-10-16164.49x
2025-10-15162.73x
2025-10-14177.38x
2025-10-13178.69x
2025-10-10176.98x
2025-10-09184.60x
2025-10-08182.97x
2025-10-07179.82x
2025-10-06181.54x
2025-10-03180.05x
2025-10-02181.28x
2025-10-01179.02x
2025-09-30180.57x
2025-09-29180.17x
2025-09-26178.41x
2025-09-25179.22x
2025-09-24175.75x
2025-09-23195.29x
2025-09-22194.89x
2025-09-19194.54x
2025-09-18192.56x
2025-09-17188.96x
2025-09-16188.68x
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2025-09-10187.92x
2025-09-09184.09x
2025-09-08186.21x
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2025-08-28196.35x
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2025-08-26193.19x
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2025-08-22192.51x
2025-08-21191.84x
2025-08-20191.19x
2025-08-19190.56x
2025-08-18198.74x
2025-08-15189.56x
2025-08-14188.48x
2025-08-13192.33x
2025-08-12193.08x
2025-08-11205.39x
2025-08-08211.24x
2025-08-07218.23x
2025-08-06216.43x
2025-08-05217.29x
2025-08-04187.26x
2025-08-01157.22x
2025-07-31159.94x
2025-07-30158.50x
2025-07-29154.36x
2025-07-28155.94x
2025-07-25155.67x
2025-07-24150.30x
2025-07-23149.46x
2025-07-22152.69x
2025-07-21159.12x
2025-07-18160.06x
2025-07-17157.93x
2025-07-16157.29x
2025-07-15157.93x
2025-07-14158.85x
2025-07-11154.55x
2025-07-10155.25x
2025-07-09170.44x
2025-07-08167.18x
2025-07-07169.67x
2025-07-03168.28x
2025-07-02163.91x
2025-07-01164.09x
2025-06-30175.04x
2025-06-27173.10x
2025-06-26170.04x
2025-06-25166.11x
2025-06-24168.02x
2025-06-23165.72x
2025-06-20164.49x
2025-06-18163.13x
2025-06-17164.54x
2025-06-16165.18x
2025-06-13165.18x
2025-06-12164.05x
2025-06-11164.71x
2025-06-10161.43x
2025-06-09165.84x
2025-06-06167.52x
2025-06-05166.79x
2025-06-04165.05x
2025-06-03160.69x
2025-06-02160.58x
2025-05-30158.87x
2025-05-29154.69x
2025-05-28159.00x

Showing the most recent 260 of 5,031 data points. The chart above shows the full history.

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