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

Latest as of June 2026: 9.72x

Axon Enterprise Inc. (AXON) has a Cash Flow Reinvestment Rate of 9.72x as of June 2026, reinvesting $195.16 Million (capex $21.05 Million plus investments $174.11 Million) from operating cash flow of $20.08 Million. See AXON free cash flow to operating cash ratio to measure how efficiently the company converts operating cash flow to free cash.

Reinvestment Rate

9.72x
(Capex + Investments) / Operating CF

Total Reinvested

$195.16 Million
Capex + Investments

Operating Cash Flow

$20.08 Million
USD

Capital Expenditures

$21.05 Million
USD

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

Historical reinvestment intensity for Axon Enterprise Inc. across 24 annual periods. For the full cash flow conversion analysis, see AXON cash generation efficiency.

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

Year-by-year capital reinvestment analysis for Axon Enterprise Inc.. See AXON free cash flow debt coverage to measure the company's free cash flow as a share of total liabilities.

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