Basis: Latest stored market observation. Source: stored company filings and market data; unavailable inputs remain N/A.
Is the EV/Sales ratio high or low?
The EV/Sales ratio of 13.34x is 11% below its 5-year average of 15.03x, near the low end of its 5-year range (6.20x–30.73x).
As of Tuesday, September 8, 2026. 20.82% below its 12-month average of 16.85x.
EV/SALES RATIO
13.34x
EV/SALES RATIO AVG TTM
16.85x
EV/SALES RATIO AVG 3Y
18.36x
EV/SALES RATIO AVG 5Y
15.03x
EV/SALES RATIO AVG 10Y
10.71x
EV/SALES RATIO AVG 15Y
8.74x
EV/SALES RATIO AVG 20Y
7.67x
CURRENT VS TTM AVG
-20.82%
CURRENT VS 3Y AVG
-27.35%
CURRENT VS 5Y AVG
-11.27%
CURRENT VS 10Y AVG
+24.57%
CURRENT VS 15Y AVG
+52.55%
CURRENT VS 20Y AVG
+73.92%
SECTOR MEDIAN · INDUSTRIALS
3.42x
median of 152 covered companies
CURRENT VS SECTOR MEDIAN
+290.63%
vs the sector median at left
Axon Enterprise, Inc.
Market Cap
$40.74B
EV/Sales Ratio
13.34x
TTM Avg
16.85x
3Y Avg
18.36x
5Y Avg
15.03x
Market Cap
$41.12B
EV/Sales Ratio
5.28x
TTM Avg
5.48x
3Y Avg
5.96x
5Y Avg
6.03x
Market Cap
$38.89B
EV/Sales Ratio
6.92x
TTM Avg
7.02x
3Y Avg
6.97x
5Y Avg
6.70x
Market Cap
$43.13B
EV/Sales Ratio
6.25x
TTM Avg
7.07x
3Y Avg
9.66x
5Y Avg
9.56x
Market Cap
$38.13B
EV/Sales Ratio
51.33x
TTM Avg
68.45x
3Y Avg
36.08x
5Y Avg
36.87x
| NAME | MARKET CAP | EV/SALES RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Axon Enterprise, Inc. (AXON) | $40.74B | 13.34x | 16.85x | 18.36x | 15.03x |
| Waste Connections, Inc. (WCN)vs › | $41.12B | 5.28x | 5.48x | 5.96x | 6.03x |
| Paychex, Inc. (PAYX)vs › | $41.59B | 6.97x | 7.00x | 8.35x | 8.79x |
| Ferrovial SE (FER)vs › | $42.06B | 2.94x | 3.30x | 3.30x | 3.30x |
| Old Dominion Freight Line, Inc. (ODFL)vs › | $38.89B | 6.92x | 7.02x | 6.97x | 6.70x |
| Thomson Reuters Corporation (TRI)vs › | $43.13B | 6.25x | 7.07x | 9.66x | 9.56x |
| Rocket Lab USA, Inc. (RKLB)vs › | $38.13B | 51.33x | 68.45x | 36.08x | 36.87x |
| Ferguson plc (FERG)vs › | $43.89B | 1.58x | 1.67x | 1.54x | 1.42x |
| HEICO Corporation (HEI)vs › | $44.04B | 9.33x | 10.39x | 9.96x | 10.09x |
| HEICO Corporation (HEI-A)vs › | $45.27B | 6.86x | 8.01x | 7.89x | 8.11x |
Enterprise Value (EV) = Market Cap + Total Debt - Cash
Sales = Total Revenue (TTM)
EV/Sales is commonly used because:
Note: EV/Sales does not include margin, debt maturity, cash conversion, or growth durability by itself.
EV/Sales = Enterprise Value / Revenue (TTM)
Enterprise value to sales compares total company value to revenue, useful across capital structures and for unprofitable companies.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
| DATE | EV/SALES RATIO |
|---|---|
| 2026-09-08 | 13.34x |
| 2026-09-04 | 13.60x |
| 2026-09-03 | 14.18x |
| 2026-09-02 | 13.38x |
| 2026-09-01 | 13.67x |
| 2026-08-31 | 14.91x |
| 2026-08-28 | 15.78x |
| 2026-08-27 | 16.05x |
| 2026-08-26 | 15.96x |
| 2026-08-25 | 16.10x |
| 2026-08-24 | 15.70x |
| 2026-08-21 | 16.48x |
| 2026-08-20 | 16.13x |
| 2026-08-19 | 16.94x |
| 2026-08-18 | 16.27x |
| 2026-08-17 | 15.87x |
| 2026-08-14 | 16.09x |
| 2026-08-13 | 16.16x |
| 2026-08-12 | 15.76x |
| 2026-08-11 | 16.69x |
| 2026-08-10 | 15.67x |
| 2026-08-07 | 15.02x |
| 2026-08-06 | 13.78x |
| 2026-08-05 | 16.01x |
| 2026-08-04 | 17.25x |
| 2026-08-03 | 16.38x |
| 2026-07-31 | 15.05x |
| 2026-07-30 | 14.98x |
| 2026-07-29 | 15.15x |
| 2026-07-28 | 15.60x |
| 2026-07-27 | 14.99x |
| 2026-07-24 | 14.35x |
| 2026-07-23 | 14.06x |
| 2026-07-22 | 14.05x |
| 2026-07-21 | 14.59x |
| 2026-07-20 | 15.04x |
| 2026-07-17 | 14.57x |
| 2026-07-16 | 15.44x |
| 2026-07-15 | 15.42x |
| 2026-07-14 | 15.59x |
| 2026-07-13 | 15.58x |
| 2026-07-10 | 16.10x |
| 2026-07-09 | 16.55x |
| 2026-07-08 | 17.04x |
| 2026-07-07 | 18.17x |
| 2026-07-06 | 17.67x |
| 2026-07-02 | 16.97x |
| 2026-07-01 | 16.88x |
| 2026-06-30 | 15.96x |
| 2026-06-29 | 14.58x |
| 2026-06-26 | 13.31x |
| 2026-06-25 | 12.75x |
| 2026-06-24 | 13.09x |
| 2026-06-23 | 12.43x |
| 2026-06-22 | 11.80x |
| 2026-06-18 | 12.16x |
| 2026-06-17 | 12.15x |
| 2026-06-16 | 12.50x |
| 2026-06-15 | 12.71x |
| 2026-06-12 | 12.67x |
| 2026-06-11 | 12.80x |
| 2026-06-10 | 12.83x |
| 2026-06-09 | 12.97x |
| 2026-06-08 | 13.48x |
| 2026-06-05 | 13.90x |
| 2026-06-04 | 14.65x |
| 2026-06-03 | 13.77x |
| 2026-06-02 | 14.01x |
| 2026-06-01 | 13.64x |
| 2026-05-29 | 12.86x |
| 2026-05-28 | 12.60x |
| 2026-05-27 | 11.28x |
| 2026-05-26 | 11.11x |
| 2026-05-22 | 11.13x |
| 2026-05-21 | 11.24x |
| 2026-05-20 | 11.47x |
| 2026-05-19 | 11.31x |
| 2026-05-18 | 11.50x |
| 2026-05-15 | 11.29x |
| 2026-05-14 | 11.19x |
| 2026-05-13 | 10.88x |
| 2026-05-12 | 11.34x |
| 2026-05-11 | 11.36x |
| 2026-05-08 | 11.62x |
| 2026-05-07 | 12.26x |
| 2026-05-06 | 11.13x |
| 2026-05-05 | 13.95x |
| 2026-05-04 | 14.42x |
| 2026-05-01 | 14.73x |
| 2026-04-30 | 14.71x |
| 2026-04-29 | 14.67x |
| 2026-04-28 | 14.88x |
| 2026-04-27 | 14.74x |
| 2026-04-24 | 14.55x |
| 2026-04-23 | 14.38x |
| 2026-04-22 | 14.76x |
| 2026-04-21 | 14.83x |
| 2026-04-20 | 14.78x |
| 2026-04-17 | 14.75x |
| 2026-04-16 | 14.40x |
| 2026-04-15 | 14.73x |
| 2026-04-14 | 13.96x |
| 2026-04-13 | 13.20x |
| 2026-04-10 | 12.70x |
| 2026-04-09 | 12.90x |
| 2026-04-08 | 14.34x |
| 2026-04-07 | 13.67x |
| 2026-04-06 | 15.12x |
| 2026-04-02 | 15.11x |
| 2026-04-01 | 15.50x |
| 2026-03-31 | 15.54x |
| 2026-03-30 | 15.19x |
| 2026-03-27 | 15.73x |
| 2026-03-26 | 16.46x |
| 2026-03-25 | 16.81x |
| 2026-03-24 | 16.69x |
| 2026-03-23 | 18.51x |
| 2026-03-20 | 18.11x |
| 2026-03-19 | 18.33x |
| 2026-03-18 | 18.55x |
| 2026-03-17 | 18.48x |
| 2026-03-16 | 17.87x |
| 2026-03-13 | 18.11x |
| 2026-03-12 | 18.23x |
| 2026-03-11 | 18.88x |
| 2026-03-10 | 19.33x |
| 2026-03-09 | 20.37x |
| 2026-03-06 | 20.91x |
| 2026-03-05 | 20.78x |
| 2026-03-04 | 20.76x |
| 2026-03-03 | 21.09x |
| 2026-03-02 | 20.84x |
| 2026-02-27 | 19.77x |
| 2026-02-26 | 20.05x |
| 2026-02-25 | 18.97x |
| 2026-02-24 | 16.18x |
| 2026-02-23 | 13.25x |
| 2026-02-20 | 13.57x |
| 2026-02-19 | 13.79x |
| 2026-02-18 | 13.45x |
| 2026-02-17 | 13.51x |
| 2026-02-13 | 13.44x |
| 2026-02-12 | 13.63x |
| 2026-02-11 | 13.58x |
| 2026-02-10 | 13.97x |
| 2026-02-09 | 13.56x |
| 2026-02-06 | 12.96x |
| 2026-02-05 | 12.52x |
| 2026-02-04 | 13.47x |
| 2026-02-03 | 14.10x |
| 2026-02-02 | 14.37x |
| 2026-01-30 | 15.09x |
| 2026-01-29 | 15.89x |
| 2026-01-28 | 17.12x |
| 2026-01-27 | 18.97x |
| 2026-01-26 | 18.81x |
| 2026-01-23 | 19.06x |
| 2026-01-22 | 18.88x |
| 2026-01-21 | 18.97x |
| 2026-01-20 | 19.29x |
| 2026-01-16 | 19.76x |
| 2026-01-15 | 19.80x |
| 2026-01-14 | 19.55x |
| 2026-01-13 | 19.93x |
| 2026-01-12 | 19.63x |
| 2026-01-09 | 19.63x |
| 2026-01-08 | 19.06x |
| 2026-01-07 | 19.30x |
| 2026-01-06 | 19.48x |
| 2026-01-05 | 18.39x |
| 2026-01-02 | 17.54x |
| 2025-12-31 | 17.68x |
| 2025-12-30 | 17.80x |
| 2025-12-29 | 18.06x |
| 2025-12-26 | 18.16x |
| 2025-12-24 | 18.39x |
| 2025-12-23 | 18.38x |
| 2025-12-22 | 18.66x |
| 2025-12-19 | 18.48x |
| 2025-12-18 | 17.53x |
| 2025-12-17 | 17.13x |
| 2025-12-16 | 17.28x |
| 2025-12-15 | 17.18x |
| 2025-12-12 | 17.56x |
| 2025-12-11 | 18.08x |
| 2025-12-10 | 17.69x |
| 2025-12-09 | 17.02x |
| 2025-12-08 | 17.22x |
| 2025-12-05 | 17.15x |
| 2025-12-04 | 17.14x |
| 2025-12-03 | 16.93x |
| 2025-12-02 | 16.75x |
| 2025-12-01 | 16.61x |
| 2025-11-28 | 16.82x |
| 2025-11-26 | 16.61x |
| 2025-11-25 | 16.48x |
| 2025-11-24 | 16.35x |
| 2025-11-21 | 16.27x |
| 2025-11-20 | 16.19x |
| 2025-11-19 | 16.55x |
| 2025-11-18 | 16.63x |
| 2025-11-17 | 16.92x |
| 2025-11-14 | 17.26x |
| 2025-11-13 | 17.35x |
| 2025-11-12 | 17.72x |
| 2025-11-11 | 17.81x |
| 2025-11-10 | 18.19x |
| 2025-11-07 | 18.74x |
| 2025-11-06 | 18.26x |
| 2025-11-05 | 19.87x |
| 2025-11-04 | 21.91x |
| 2025-11-03 | 25.45x |
| 2025-10-31 | 25.73x |
| 2025-10-30 | 25.95x |
| 2025-10-29 | 26.66x |
| 2025-10-28 | 26.51x |
| 2025-10-27 | 26.30x |
| 2025-10-24 | 25.85x |
| 2025-10-23 | 25.18x |
| 2025-10-22 | 24.66x |
| 2025-10-21 | 24.86x |
| 2025-10-20 | 24.04x |
| 2025-10-17 | 23.61x |
| 2025-10-16 | 22.98x |
| 2025-10-15 | 22.73x |
| 2025-10-14 | 24.78x |
| 2025-10-13 | 24.96x |
| 2025-10-10 | 24.72x |
| 2025-10-09 | 25.79x |
| 2025-10-08 | 25.56x |
| 2025-10-07 | 25.12x |
| 2025-10-06 | 25.36x |
| 2025-10-03 | 25.15x |
| 2025-10-02 | 25.32x |
| 2025-10-01 | 25.01x |
| 2025-09-30 | 25.22x |
| 2025-09-29 | 25.17x |
| 2025-09-26 | 24.92x |
| 2025-09-25 | 25.04x |
| 2025-09-24 | 24.55x |
| 2025-09-23 | 27.28x |
| 2025-09-22 | 27.22x |
| 2025-09-19 | 27.18x |
| 2025-09-18 | 26.90x |
| 2025-09-17 | 26.40x |
| 2025-09-16 | 26.36x |
| 2025-09-15 | 26.71x |
| 2025-09-12 | 26.55x |
| 2025-09-11 | 26.37x |
| 2025-09-10 | 26.25x |
| 2025-09-09 | 25.72x |
| 2025-09-08 | 26.01x |
| 2025-09-05 | 25.59x |
| 2025-09-04 | 25.65x |
| 2025-09-03 | 25.49x |
| 2025-09-02 | 26.12x |
| 2025-08-29 | 26.24x |
| 2025-08-28 | 27.43x |
| 2025-08-27 | 27.01x |
| 2025-08-26 | 26.99x |
Showing the most recent 260 of 5,030 data points. The chart above shows the full history.