Axon Enterprise (XSWX:AXON) Debt-to-EBITDA : 1.76 (As of Mar. 2026) — 36% Below Median


XSWX:AXON Axon Enterprise Inc XSWX:AXON
81 GF Score
Price CHF476.80
GF Value CHF482.93
! 4 Warning Signs
View Full Analysis

What is Axon Enterprise Debt-to-EBITDA?

Axon Enterprise XSWX:AXON +41.28% 81 Debt-to-EBITDA is 1.76 as of Mar. 2026, which is 36% below its 10-year median of 2.76. GuruFocus rates XSWX:AXON with a GF Score™ of 81/100 and a GF Value™ of CHF482.93. The stock has 4 warning signs investors should review. Among 254 Aerospace & Defense companies, Axon Enterprise ranks worse than 82.28% on this metric.

Debt-to-EBITDA measures a company's ability to pay off its debt.

Axon Enterprise's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was CHF0 Mil. Axon Enterprise's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was CHF1,828 Mil. Axon Enterprise's annualized EBITDA for the quarter that ended in Mar. 2026 was CHF1,037 Mil. Axon Enterprise's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2026 was 1.76.

A high Debt-to-EBITDA ratio generally means that a company may spend more time to paying off its debt. According to Joel Tillinghast's BIG MONEY THINKS SMALL: Biases, Blind Spots, and Smarter Investing, a ratio of Debt-to-EBITDA exceeding four is usually considered scary unless tangible assets cover the debt.

The historical rank and industry rank for Axon Enterprise's Debt-to-EBITDA or its related term are showing as below:

XSWX:AXON' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -0.14   Med: 2.76   Max: 9.73
Current: 5.71

During the past 13 years, the highest Debt-to-EBITDA Ratio of Axon Enterprise was 9.73. The lowest was -0.14. And the median was 2.76.

XSWX:AXON's Debt-to-EBITDA is ranked worse than
82.28% of 254 companies
in the Aerospace & Defense industry
Industry Median: 1.845 vs XSWX:AXON: 5.71

Axon Enterprise  (XSWX:AXON) Debt-to-EBITDA Explanation

In the calculation of Debt-to-EBITDA, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by EBITDA. In some calculations, Total Liabilities is used to for calculation.


Be Aware

A high Debt-to-EBITDA ratio generally means that a company may spend more time to paying off its debt.

According to Joel Tillinghast's BIG MONEY THINKS SMALL: Biases, Blind Spots, and Smarter Investing, a ratio of Debt-to-EBITDA exceeding four is usually considered scary unless tangible assets cover the debt.


Axon Enterprise Debt-to-EBITDA Related Terms


Axon Enterprise Debt-to-EBITDA Historical Data

* Premium members only.

The historical data trend for Axon Enterprise's Debt-to-EBITDA can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Axon Enterprise Debt-to-EBITDA Chart

Axon Enterprise Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.14 6.13 3.88 1.65 9.73

Axon Enterprise Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Debt-to-EBITDA Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 3.77 73.69 8.17 -45.59 1.76

XSWX:AXON vs : Debt-to-EBITDA Comparison

For the Aerospace & Defense subindustry, Axon Enterprise's Debt-to-EBITDA, along with its competitors' market caps and Debt-to-EBITDA data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Axon Enterprise Debt-to-EBITDA vs Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, Axon Enterprise's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Axon Enterprise's Debt-to-EBITDA falls into.


XSWX:AXON
81GF Score
Axon Enterprise Inc XSWX:AXON
Debt-to-EBITDA is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Axon Enterprise Debt-to-EBITDA Calculation

Debt-to-EBITDA measures a company's ability to pay off its debt.

Axon Enterprise's Debt-to-EBITDA for the fiscal year that ended in Dec. 2025 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(80.552 + 1829.112) / 196.373
=9.72

Axon Enterprise's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2026 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(0 + 1828.169) / 1036.9
=1.76

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

In the calculation of annual Debt-to-EBITDA, the EBITDA of the last fiscal year is used. In calculating the annualized quarterly data, the EBITDA data used here is four times the quarterly (Mar. 2026) EBITDA data.

Frequently Asked Questions Learn more about Debt-to-EBITDA →
What does a Debt-to-EBITDA of 1.76 mean?
Axon Enterprise (XSWX:AXON) has a Debt-to-EBITDA of 1.76 as of Mar. 2026. Debt-to-EBITDA ratio represents the ratio of total debt to total earnings before interest, taxes, depreciation and amortization. View historical data on Axon Enterprise. This is 36% below median its historical median of 2.76. According to the industry distribution chart, Axon Enterprise ranks #209 out of 254 companies in the Aerospace & Defense industry, placing it in the top 82.3%.
Is Axon Enterprise's Debt-to-EBITDA too high?
Axon Enterprise's current Debt-to-EBITDA of 1.76 is 36% below median its 10-year median of 2.76. The Aerospace & Defense industry median Debt-to-EBITDA is 1.85. Axon Enterprise's value of 1.76 is 4.6% below this industry median. Based on the distribution chart, Axon Enterprise ranks #209 out of 254 companies in the Aerospace & Defense industry, which is in the bottom quartile relative to peers. Overall, Axon Enterprise has a GF Score™ of 81/100, reflecting its overall financial health beyond just this single metric.
How does Axon Enterprise's Debt-to-EBITDA compare to ?
According to the Aerospace & Defense industry distribution chart, Axon Enterprise ranks #209 out of 254 companies for Debt-to-EBITDA. This places Axon Enterprise in the lower half of its industry. The industry median Debt-to-EBITDA is 1.85. Axon Enterprise's value of 1.76 is 4.6% below this benchmark. While the company's 10-year median is 2.76 vs. the industry median of 1.85, Axon Enterprise has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Debt-to-EBITDA for an Aerospace & Defense company?
The median Debt-to-EBITDA among Aerospace & Defense companies is 1.85, based on 254 companies in the industry. Companies in the top quartile (top 25%) have a Debt-to-EBITDA significantly above this median, while those in the bottom quartile fall well below. However, Debt-to-EBITDA should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Axon Enterprise's current Debt-to-EBITDA of 1.76 is 4.6% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Debt-to-EBITDA mean?
A high Debt-to-EBITDA can signal that a stock is expensive relative to its fundamentals. Debt-to-EBITDA ratio represents the ratio of total debt to total earnings before interest, taxes, depreciation and amortization. View historical data on Axon Enterprise. For the Aerospace & Defense industry, the median Debt-to-EBITDA is 1.85 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Axon Enterprise's current Debt-to-EBITDA is 1.76, which is 36% below median its own 10-year median of 2.76. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Axon Enterprise stock overvalued right now?
Axon Enterprise (XSWX:AXON) has a current Debt-to-EBITDA of 1.76. The stock's GF Value™ is CHF482.93, compared to a current price of CHF476.80 — trading 1.3% below its estimated fair value. The current Debt-to-EBITDA is 1.76, which is 36% below median its 10-year median of 2.76 and 4.6% below the Aerospace & Defense industry median of 1.85. Axon Enterprise's overall GF Score™ is 81/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Debt-to-EBITDA calculated?
Debt-to-EBITDA is calculated from a company's financial statements. For Axon Enterprise (XSWX:AXON), the current Debt-to-EBITDA is 1.76 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Axon Enterprise (XSWX:AXON) Overvalued in 2026?

Based on GuruFocus' analysis, Axon Enterprise stock appears to be undervalued. The current stock price of CHF476.80 is trading 1.3% below its estimated GF Value™ of CHF482.93.

Key valuation signals for XSWX:AXON:

  • Debt-to-EBITDA: 1.76 (36% below median its 10-year median of 2.76)
  • GF Value™: CHF482.93 vs. price of CHF476.80 (1.3% below fair value)
  • GF Score™: 81/100 with 4 warning signs
  • Industry Position: 4.6% below the Aerospace & Defense median (#209 of 254)

No single metric tells the full story. See the XSWX:AXON stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Axon Enterprise Business Description

Comparable Companies
Address 17800 North 85th Street, Scottsdale, AZ, USA, 85255
Axon Enterprise Inc is building a public safety operating system by integrating a suite of hardware devices and cloud software solutions. The company's suite includes cloud-hosted digital evidence management solutions, TASER energy devices, drones and robotic security, and training solutions. Its operation comprises of two operating segments, Software and Services, and Connected Devices. The company generates the majority of its revenue from the Connected Devices segment, which is engaged in developing, manufacturing, and selling fully integrated hardware solutions such as conducted energy devices sold under the TASER brand, body cameras, fixed and in-car cameras, drone and counter-drone technologies, and a broad ecosystem of accessories, extended warranties and related hardware products.
81GF Score

Get the complete analysis for XSWX:AXON

Debt-to-EBITDA is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

CHF476.80
Price
CHF482.93
GF Value