Axon Enterprise Inc. (AXON) — Cash Flow Reinvestment Rate

Latest as of December 2025: 2.40x

Axon Enterprise Inc. (AXON) has a Cash Flow Reinvestment Rate of 2.40x as of December 2025, reinvesting $521.24 Million (capex $61.81 Million plus investments $459.43 Million) from operating cash flow of $217.24 Million. Check cash flow quality index of Axon Enterprise Inc. to evaluate the quality of earnings relative to operating cash generation.

Reinvestment Rate

2.40x
(Capex + Investments) / Operating CF

Total Reinvested

$521.24 Million
Capex + Investments

Operating Cash Flow

$217.24 Million
USD

Capital Expenditures

$61.81 Million
USD

Axon Enterprise Inc. Cash Flow Reinvestment Rate (2000–2025)

Historical reinvestment intensity for Axon Enterprise Inc. across 24 annual periods. Explore AXON long-term investment intensity to see how much of total assets are deployed in long-term investments.

Annual Cash Flow Reinvestment Rate for Axon Enterprise Inc. (2000–2025)

Year-by-year capital reinvestment analysis for Axon Enterprise Inc.. For live market cap and broader valuation context, see market cap of Axon Enterprise Inc..

Year Reinvestment Rate Total Reinvested (USD) Operating CF Capex YoY Change
2025 0.92x $194.51 Million $211.34 Million $136.26 Million ▼ -34.0%
2024 1.39x $569.36 Million $408.31 Million $78.78 Million ▼ -58.1%
2023 3.32x $629.30 Million $189.26 Million $59.63 Million ▼ -11.8%
2022 3.77x $887.08 Million $235.36 Million $56.11 Million ▲ +15.5%
2021 3.26x $406.42 Million $124.49 Million $50.28 Million ▼ -64.1%
2020 9.08x $349.55 Million $38.48 Million $72.87 Million ▲ +147.8%
2019 3.67x $240.74 Million $65.67 Million $16.34 Million ▲ +1164.0%
2018 0.29x $18.52 Million $63.88 Million $11.70 Million ▼ -89.8%
2017 2.84x $52.57 Million $18.49 Million $11.44 Million ▲ +194.3%
2016 0.97x $17.32 Million $17.93 Million $8.45 Million ▲ +80.5%
2015 0.54x $24.86 Million $46.45 Million $6.50 Million ▼ -22.9%
2014 0.69x $24.59 Million $35.43 Million $2.69 Million ▲ +3.1%
2013 0.67x $21.84 Million $32.43 Million $2.11 Million ▲ +246.0%
2012 0.19x $5.16 Million $26.52 Million $1.76 Million ▼ -56.5%
2011 0.45x $7.75 Million $17.32 Million $2.27 Million ▼ -92.7%
2010 6.16x $4.50 Million $731.52K $4.50 Million ▲ +340.5%
2009 1.40x $14.18 Million $10.15 Million $14.18 Million ▲ +64.6%
2008 0.85x $6.89 Million $8.12 Million $6.89 Million ▲ +161.3%
2007 0.32x $4.52 Million $13.92 Million $4.52 Million ▲ +17.4%
2006 0.28x $2.07 Million $7.48 Million $2.07 Million ▼ -96.2%
2005 7.32x $7.81 Million $1.07 Million $7.81 Million ▲ +1858.4%
2004 0.37x $11.32 Million $30.30 Million $11.32 Million ▼ -55.3%
2003 0.84x $3.65 Million $4.37 Million $3.65 Million ▼ -92.9%
2000 11.78x $99.76K $8.47K $99.76K
Cash Flow Reinvestment Rate = (ABS(Capex) + ABS(Investments)) / Operating Cash Flow