Axon EnterpriseAXON +5.47%81 Pretax Margin % is 24.80% as of Mar. 2026, which is 340% above its 10-year median of 5.64. GuruFocus rates AXON with a GF Score™ of 81/100 and a GF Value™ of $600.60 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 347 Aerospace & Defense companies, Axon Enterprise ranks worse than 58.5% on this metric.
The pretax margin, as know as pretax profit margin, is widely used to measure the operating efficiency of a company before deducting taxes.
The pretax margin is sometimes preferred over the net margin as tax expenditures can make profitability comparisons between companies misleading.
It is a useful tool to compare companies operating in the same sector and less effective when comparing companies from other sectors as each industry generally has different operating expenses and sales patterns.
The long term trend of the pretax margin is a good indicator of the competitiveness and health of the business.
Axon Enterprise Pretax Margin % Related Terms
Axon Enterprise Pretax Margin % Historical Data
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The historical data trend for Axon Enterprise's Pretax Margin % 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 vs HEI.A, CW, FTAI: Pretax Margin % Comparison
For the Aerospace & Defense subindustry, Axon Enterprise's Pretax Margin %, along with its competitors' market caps and Pretax Margin % 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 Pretax Margin % vs Aerospace & Defense Industry
For the Aerospace & Defense industry and Industrials sector, Axon Enterprise's Pretax Margin % distribution charts can be found below:
* The bar in red indicates where Axon Enterprise's Pretax Margin % 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 (AXON) has a Pretax Margin % of 24.80% as of Mar. 2026. Pre-Tax margin is the ratio of total pre-tax income to net sales. View historical data on Axon Enterprise and its competitors. This is 340% above median its historical median of 5.64. According to the industry distribution chart, Axon Enterprise ranks #203 out of 347 companies in the Aerospace & Defense industry, placing it in the top 58.5%.
Is Axon Enterprise's Pretax Margin % too high?
Axon Enterprise's current Pretax Margin % of 24.80% is 340% above median its 10-year median of 5.64. The Aerospace & Defense industry median Pretax Margin % is 6.17. Axon Enterprise's value of 24.80% is 301.9% above this industry median. Based on the distribution chart, Axon Enterprise ranks #203 out of 347 companies in the Aerospace & Defense industry, which is below the industry midpoint. Overall, Axon Enterprise has a GF Score™ of 81/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Axon Enterprise's Pretax Margin % compare to HEI.A and CW?
According to the Aerospace & Defense industry distribution chart, Axon Enterprise ranks #203 out of 347 companies for Pretax Margin %. This places Axon Enterprise in the lower half of its industry. The industry median Pretax Margin % is 6.17. Axon Enterprise's value of 24.80% is 301.9% above this benchmark. While the company's 10-year median is 5.64 vs. the industry median of 6.17, 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 Pretax Margin % for an Aerospace & Defense company?
The median Pretax Margin % among Aerospace & Defense companies is 6.17, based on 347 companies in the industry. Companies in the top quartile (top 25%) have a Pretax Margin % significantly above this median, while those in the bottom quartile fall well below. However, Pretax Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Axon Enterprise's current Pretax Margin % of 24.80% is 301.9% 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 Pretax Margin % mean?
A high Pretax Margin % can signal that a stock is expensive relative to its fundamentals. Pre-Tax margin is the ratio of total pre-tax income to net sales. View historical data on Axon Enterprise and its competitors. For the Aerospace & Defense industry, the median Pretax Margin % is 6.17 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Axon Enterprise's current Pretax Margin % is 24.80%, which is 340% above median its own 10-year median of 5.64. 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?
Based on GuruFocus' analysis, Axon Enterprise (AXON) is currently considered Modestly Undervalued. The stock's GF Value™ is $600.60, compared to a current price of $456.73 — trading 24% below its estimated fair value. The current Pretax Margin % is 24.80%, which is 340% above median its 10-year median of 5.64 and 301.9% above the Aerospace & Defense industry median of 6.17. 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 Pretax Margin % calculated?
Pretax Margin % is calculated from a company's financial statements. For Axon Enterprise (AXON), the current Pretax Margin % is 24.80% 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 (AXON) Overvalued in 2026?
Based on GuruFocus' analysis, Axon Enterprise stock appears to be undervalued.
The current stock price of $456.73 is trading 24% below its estimated GF Value™ of $600.60.
GuruFocus considers Axon Enterprise to be Modestly Undervalued.
Key valuation signals for AXON:
Pretax Margin %: 24.80% (340% above median its 10-year median of 5.64)
GF Value™: $600.60 vs. price of $456.73 (24% below fair value)
Industry Position: 301.9% above the Aerospace & Defense median (#203 of 347)
No single metric tells the full story. See the 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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