A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.
The historical rank and industry rank for Axon Enterprise's Debt-to-Equity or its related term are showing as below:
XSWX:AXON'
s Debt-to-Equity Range Over the Past 10 Years
Min: 0 Med: 0.44 Max: 0.8
Current: 0.52
During the past 13 years, the highest Debt-to-Equity Ratio of Axon Enterprise was 0.80. The lowest was 0.00. And the median was 0.44.
XSWX:AXON's Debt-to-Equity is ranked worse than 66.88% of 311
companies
in the Aerospace & Defense industry
Industry Median: 0.33
vs XSWX:AXON: 0.52
Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.
Axon Enterprise Debt-to-Equity Related Terms
Axon Enterprise Debt-to-Equity Historical Data
* Premium members only.
The historical data trend for Axon Enterprise's Debt-to-Equity 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.
For the Aerospace & Defense subindustry, Axon Enterprise's Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity 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-Equity vs Aerospace & Defense Industry
For the Aerospace & Defense industry and Industrials sector, Axon Enterprise's Debt-to-Equity distribution charts can be found below:
* The bar in red indicates where Axon Enterprise's Debt-to-Equity falls into.
* 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 (XSWX:AXON) has a Debt-to-Equity of 0.52 as of Mar. 2026. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Axon Enterprise and its competitors. This is 18% above median its historical median of 0.44. According to the industry distribution chart, Axon Enterprise ranks #208 out of 311 companies in the Aerospace & Defense industry, placing it in the top 66.9%.
Is Axon Enterprise's Debt-to-Equity too high?
Axon Enterprise's current Debt-to-Equity of 0.52 is 18% above median its 10-year median of 0.44. The Aerospace & Defense industry median Debt-to-Equity is 0.33. Axon Enterprise's value of 0.52 is 57.6% above this industry median. Based on the distribution chart, Axon Enterprise ranks #208 out of 311 companies in the Aerospace & Defense industry, which is below the industry midpoint. 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-Equity compare to ?
According to the Aerospace & Defense industry distribution chart, Axon Enterprise ranks #208 out of 311 companies for Debt-to-Equity. This places Axon Enterprise in the lower half of its industry. The industry median Debt-to-Equity is 0.33. Axon Enterprise's value of 0.52 is 57.6% above this benchmark. While the company's 10-year median is 0.44 vs. the industry median of 0.33, Axon Enterprise has consistently been above 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-Equity for an Aerospace & Defense company?
The median Debt-to-Equity among Aerospace & Defense companies is 0.33, based on 311 companies in the industry. Companies in the top quartile (top 25%) have a Debt-to-Equity significantly above this median, while those in the bottom quartile fall well below. However, Debt-to-Equity should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Axon Enterprise's current Debt-to-Equity of 0.52 is 57.6% above 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-Equity mean?
A high Debt-to-Equity can signal that a stock is expensive relative to its fundamentals. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Axon Enterprise and its competitors. For the Aerospace & Defense industry, the median Debt-to-Equity is 0.33 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Axon Enterprise's current Debt-to-Equity is 0.52, which is 18% above median its own 10-year median of 0.44. 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-Equity of 0.52. 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-Equity is 0.52, which is 18% above median its 10-year median of 0.44 and 57.6% above the Aerospace & Defense industry median of 0.33. 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-Equity calculated?
Debt-to-Equity is calculated from a company's financial statements. For Axon Enterprise (XSWX:AXON), the current Debt-to-Equity is 0.52 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-Equity: 0.52 (18% above median its 10-year median of 0.44)
GF Value™: CHF482.93 vs. price of CHF476.80 (1.3% below fair value)
Industry Position: 57.6% above the Aerospace & Defense median (#208 of 311)
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 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
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