Axon Enterprise Inc.
Axon Enterprise, Inc. provides public safety technology solutions in the United States and internationally. The company operates in two segments, Software and Services, and Connected Devices. The Software and Services segment develops, manufactures, and sells cloud-based software-as-a-service solutions to capture, store, manage, share, and analyze video and other digital evidence. This segment al… Read more
Axon Enterprise Inc. (AXON) - Net Assets
Latest net assets as of December 2025: $3.24 Billion USD
Based on the latest financial reports, Axon Enterprise Inc. (AXON) has net assets worth $3.24 Billion USD as of December 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($7.00 Billion) and total liabilities ($3.76 Billion). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $3.24 Billion |
| % of Total Assets | 46.32% |
| Annual Growth Rate | N/A |
| 5-Year Change | 209.46% |
| 10-Year Change | 2049.05% |
| Growth Volatility | 88.32 |
Axon Enterprise Inc. - Net Assets Trend (2000–2025)
This chart illustrates how Axon Enterprise Inc.'s net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Axon Enterprise Inc. (2000–2025)
The table below shows the annual net assets of Axon Enterprise Inc. from 2000 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | $3.24 Billion | +39.31% |
| 2024-12-31 | $2.33 Billion | +44.06% |
| 2023-12-31 | $1.62 Billion | +27.38% |
| 2022-12-31 | $1.27 Billion | +21.06% |
| 2021-12-31 | $1.05 Billion | +7.33% |
| 2020-12-31 | $976.25 Million | +79.63% |
| 2019-12-31 | $543.50 Million | +16.30% |
| 2018-12-31 | $467.32 Million | +179.09% |
| 2017-12-31 | $167.44 Million | +10.97% |
| 2016-12-31 | $150.89 Million | -3.90% |
| 2015-12-31 | $157.00 Million | +21.61% |
| 2014-12-31 | $129.11 Million | +17.48% |
| 2013-12-31 | $109.89 Million | +25.90% |
| 2012-12-31 | $87.29 Million | +6.23% |
| 2011-12-31 | $82.17 Million | -30.11% |
| 2010-12-31 | $117.56 Million | -0.12% |
| 2009-12-31 | $117.70 Million | +4.60% |
| 2008-12-31 | $112.53 Million | -6.72% |
| 2007-12-31 | $120.64 Million | +21.45% |
| 2006-12-31 | $99.33 Million | -4.37% |
| 2005-12-31 | $103.87 Million | +6.94% |
| 2004-12-31 | $97.12 Million | +254.11% |
| 2003-12-31 | $27.43 Million | +356.01% |
| 2002-12-31 | $6.01 Million | +8.79% |
| 2001-12-31 | $5.53 Million | +252.85% |
| 2000-12-31 | $-3.62 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Axon Enterprise Inc.'s total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have grown by 94346388500.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $936.67 Million | 28.89% |
| Common Stock | $1.00K | 0.00% |
| Other Comprehensive Income | $-11.81 Million | -0.36% |
| Other Components | $2.32 Billion | 71.48% |
| Total Equity | $3.24 Billion | 100.00% |
Axon Enterprise Inc. Competitors by Market Cap
The table below lists competitors of Axon Enterprise Inc. ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Infineon Technologies AG
OTCQX:IFNNF
|
$37.45 Billion |
|
Fomento Economico Mexicano
NYSE:FMX
|
$37.66 Billion |
|
Experian plc PK
OTCQX:EXPGY
|
$37.67 Billion |
|
WEC Energy Group Inc
NYSE:WEC
|
$37.69 Billion |
|
Rocket Lab USA Inc.
NASDAQ:RKLB
|
$37.37 Billion |
|
Goodman Group
PINK:GMGSF
|
$37.36 Billion |
|
Alimentation Couchen Tard Inc A
PINK:ANCTF
|
$37.28 Billion |
|
Kinross Gold Corporation
NYSE:KGC
|
$37.25 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Axon Enterprise Inc.'s equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 2,327,665,000 to 3,242,658,000, a change of 914,993,000 (39.3%).
- Net income of 124,911,000 contributed positively to equity growth.
- New share issuances of 489,554,000 increased equity.
- Other comprehensive income increased equity by 6,378,000.
- Other factors increased equity by 294,150,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $124.91 Million | +3.85% |
| Share Issuances | $489.55 Million | +15.1% |
| Other Comprehensive Income | $6.38 Million | +0.2% |
| Other Changes | $294.15 Million | +9.07% |
| Total Change | $- | 39.31% |
Book Value vs Market Value Analysis
This analysis compares Axon Enterprise Inc.'s book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 15.10x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2000-12-31 | $-0.12 | $489.64 | x |
| 2001-12-31 | $0.15 | $489.64 | x |
| 2002-12-31 | $0.17 | $489.64 | x |
| 2003-12-31 | $0.59 | $489.64 | x |
| 2004-12-31 | $1.56 | $489.64 | x |
| 2005-12-31 | $1.63 | $489.64 | x |
| 2006-12-31 | $1.60 | $489.64 | x |
| 2007-12-31 | $1.84 | $489.64 | x |
| 2008-12-31 | $1.76 | $489.64 | x |
| 2009-12-31 | $1.86 | $489.64 | x |
| 2010-12-31 | $1.88 | $489.64 | x |
| 2011-12-31 | $1.38 | $489.64 | x |
| 2012-12-31 | $1.60 | $489.64 | x |
| 2013-12-31 | $2.03 | $489.64 | x |
| 2014-12-31 | $2.37 | $489.64 | x |
| 2015-12-31 | $2.87 | $489.64 | x |
| 2016-12-31 | $2.82 | $489.64 | x |
| 2017-12-31 | $3.11 | $489.64 | x |
| 2018-12-31 | $8.07 | $489.64 | x |
| 2019-12-31 | $9.06 | $489.64 | x |
| 2020-12-31 | $15.80 | $489.64 | x |
| 2021-12-31 | $15.83 | $489.64 | x |
| 2022-12-31 | $17.49 | $489.64 | x |
| 2023-12-31 | $21.36 | $489.64 | x |
| 2024-12-31 | $29.63 | $489.64 | x |
| 2025-12-31 | $32.43 | $489.64 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Axon Enterprise Inc. utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 3.85%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 4.49%
- • Asset Turnover: 0.40x
- • Equity Multiplier: 2.16x
- Recent ROE (3.85%) is below the historical average (6.46%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2000 | 0.00% | -13.87% | 3.28x | 0.00x | $-111.53K |
| 2001 | 9.32% | 7.52% | 0.85x | 1.46x | $-37.84K |
| 2002 | 3.47% | 2.12% | 1.25x | 1.31x | $-392.56K |
| 2003 | 16.24% | 18.21% | 0.78x | 1.15x | $1.71 Million |
| 2004 | 19.44% | 27.92% | 0.64x | 1.09x | $9.17 Million |
| 2005 | 1.02% | 2.22% | 0.42x | 1.08x | $-9.33 Million |
| 2006 | -4.12% | -6.04% | 0.57x | 1.21x | $-14.02 Million |
| 2007 | 12.46% | 14.92% | 0.73x | 1.14x | $2.96 Million |
| 2008 | 3.23% | 3.92% | 0.71x | 1.16x | $-7.62 Million |
| 2009 | 0.00% | 0.00% | 0.75x | 1.18x | $-11.77 Million |
| 2010 | -3.73% | -5.04% | 0.64x | 1.16x | $-16.14 Million |
| 2011 | -8.57% | -7.82% | 0.86x | 1.28x | $-15.26 Million |
| 2012 | 16.88% | 12.84% | 0.99x | 1.33x | $6.01 Million |
| 2013 | 16.60% | 13.24% | 0.94x | 1.34x | $7.25 Million |
| 2014 | 15.43% | 12.11% | 0.89x | 1.44x | $7.01 Million |
| 2015 | 12.70% | 10.07% | 0.86x | 1.46x | $4.23 Million |
| 2016 | 11.46% | 6.45% | 0.96x | 1.84x | $2.21 Million |
| 2017 | 3.11% | 1.51% | 1.02x | 2.02x | $-11.54 Million |
| 2018 | 6.25% | 6.95% | 0.58x | 1.54x | $-17.53 Million |
| 2019 | 0.16% | 0.17% | 0.63x | 1.56x | $-53.47 Million |
| 2020 | -0.18% | -0.25% | 0.49x | 1.41x | $-99.35 Million |
| 2021 | -5.73% | -6.95% | 0.51x | 1.61x | $-164.80 Million |
| 2022 | 11.60% | 12.37% | 0.42x | 2.25x | $20.29 Million |
| 2023 | 10.90% | 11.26% | 0.46x | 2.11x | $14.58 Million |
| 2024 | 16.20% | 18.10% | 0.47x | 1.92x | $144.27 Million |
| 2025 | 3.85% | 4.49% | 0.40x | 2.16x | $-199.35 Million |
Industry Comparison
This section compares Axon Enterprise Inc.'s net assets metrics with peer companies in the Aerospace & Defense industry.
Industry Context
- Industry: Aerospace & Defense
- Average net assets among peers: $121,635,637
- Average return on equity (ROE) among peers: -1.46%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Axon Enterprise Inc. (AXON) | $3.24 Billion | 0.00% | 1.16x | $37.39 Billion |
| Alabama Aircraft Industries Inc (AAIIQ) | $12.51 Million | 89.71% | 5.45x | $0.94 |
| AAC Clyde Space AB (ACCMF) | $43.41 Million | -62.42% | 0.38x | $49.09 Million |
| Archer Aviation Inc (ACHR) | $493.30 Million | -64.32% | 0.16x | $3.35 Billion |
| American Defense Systems Inc (ADFS) | $10.04 Million | -16.29% | 1.51x | $4.85K |
| AAR Corp (AIR) | $585.25 Million | 12.84% | 1.33x | $4.04 Billion |
| Air Industries Group (AIRI) | $-774.42K | 0.00% | 0.00x | $12.27 Million |
| AIRO Group Holdings, Inc. Common Stock (AIRO) | $-106.24 Million | 0.00% | 0.00x | $159.98 Million |
| Philly Shipyard ASA (AKRRF) | $138.18 Million | 9.85% | 0.94x | $13.32 Million |
| ASI Aviation Inc (ASAV) | $-10.83 | 0.00% | 0.00x | $2.48 Million |
| Astronics Corporation (ATRO) | $40.67 Million | 15.98% | 0.75x | $2.29 Billion |