Axon Enterprise Inc. (AXON) — Capital Reinvestment Ratio
Axon Enterprise Inc. (AXON) has a Capital Reinvestment Ratio of 1.05x as of June 2026, meaning it reinvests 1% of its operating cash flow ($20.08 Million) in capital expenditures ($21.05 Million). Check AXON goodwill-adjusted equity ratio to evaluate the tangible quality of the company's equity base.
Capital Reinvestment Ratio
Operating Cash Flow
Capital Expenditures
Data as of
Axon Enterprise Inc. Capital Reinvestment Ratio (2000–2025)
This chart tracks Axon Enterprise Inc.'s Capital Reinvestment Ratio across 24 annual periods. For the full cash flow conversion analysis, see AXON cash flow conversion.
Annual Capital Reinvestment Ratio for Axon Enterprise Inc. (2000–2025)
Year-by-year Capital Reinvestment Ratio for Axon Enterprise Inc. from 2000 to 2025. See AXON FCF generation index to measure how efficiently the company converts operating cash flow to free cash.
| Year | Reinvestment Ratio | Operating CF (USD) | Capital Expenditures | YoY Change |
|---|---|---|---|---|
| 2025 | 0.64x | $211.34 Million | $136.26 Million | ▲ +234.1% |
| 2024 | 0.19x | $408.31 Million | $78.78 Million | ▼ -38.8% |
| 2023 | 0.32x | $189.26 Million | $59.63 Million | ▲ +32.2% |
| 2022 | 0.24x | $235.36 Million | $56.11 Million | ▼ -41.0% |
| 2021 | 0.40x | $124.49 Million | $50.28 Million | ▼ -78.7% |
| 2020 | 1.89x | $38.48 Million | $72.87 Million | ▲ +661.0% |
| 2019 | 0.25x | $65.67 Million | $16.34 Million | ▲ +35.9% |
| 2018 | 0.18x | $63.88 Million | $11.70 Million | ▼ -70.4% |
| 2017 | 0.62x | $18.49 Million | $11.44 Million | ▲ +31.3% |
| 2016 | 0.47x | $17.93 Million | $8.45 Million | ▲ +236.7% |
| 2015 | 0.14x | $46.45 Million | $6.50 Million | ▲ +84.6% |
| 2014 | 0.08x | $35.43 Million | $2.69 Million | ▲ +16.8% |
| 2013 | 0.06x | $32.43 Million | $2.11 Million | ▼ -2.3% |
| 2012 | 0.07x | $26.52 Million | $1.76 Million | ▼ -49.2% |
| 2011 | 0.13x | $17.32 Million | $2.27 Million | ▼ -97.9% |
| 2010 | 6.16x | $731.52K | $4.50 Million | ▲ +340.5% |
| 2009 | 1.40x | $10.15 Million | $14.18 Million | ▲ +64.6% |
| 2008 | 0.85x | $8.12 Million | $6.89 Million | ▲ +161.3% |
| 2007 | 0.32x | $13.92 Million | $4.52 Million | ▲ +17.4% |
| 2006 | 0.28x | $7.48 Million | $2.07 Million | ▼ -96.2% |
| 2005 | 7.32x | $1.07 Million | $7.81 Million | ▲ +1858.4% |
| 2004 | 0.37x | $30.30 Million | $11.32 Million | ▼ -55.3% |
| 2003 | 0.84x | $4.37 Million | $3.65 Million | ▼ -92.9% |
| 2000 | 11.78x | $8.47K | $99.76K | — |