Axon EnterpriseFRA:TCS +4.89%81 Quick Ratio is 1.93 as of Mar. 2026, which is 28% below its 10-year median of 2.69. GuruFocus rates FRA:TCS with a GF Score™ of 81/100 and a GF Value™ of €538.73 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 357 Aerospace & Defense companies, Axon Enterprise ranks better than 66.95% on this metric.
The quick ratio measures a company's ability to meet its short-term obligations with its most liquid assets. It is calculated as a company's Total Current Assets excludes Total Inventories divides by its Total Current Liabilities. Axon Enterprise's quick ratio for the quarter that ended in Mar. 2026 was 1.93.
Axon Enterprise has a quick ratio of 1.93. It generally indicates good short-term financial strength.
The historical rank and industry rank for Axon Enterprise's Quick Ratio or its related term are showing as below:
FRA:TCS'
s Quick Ratio Range Over the Past 10 Years
Min: 1.21 Med: 2.69 Max: 3.74
Current: 1.93
During the past 13 years, Axon Enterprise's highest Quick Ratio was 3.74. The lowest was 1.21. And the median was 2.69.
FRA:TCS's Quick Ratio is ranked better than 66.95% of 357
companies
in the Aerospace & Defense industry
Industry Median: 1.3
vs FRA:TCS: 1.93
Axon Enterprise (FRA:TCS) Quick Ratio Explanation
The quick ratio is more conservative than the Current Ratio because it excludes inventories from current assets. The ratio derives its name presumably from the fact that assets such as cash and marketable securities are quick sources of cash. Inventories generally take time to be converted into cash, and if they have to be sold quickly, the company may have to accept a lower price than book value of these inventories. As a result, they are justifiably excluded from assets that are ready sources of immediate cash.
In general, low or decreasing quick ratios generally suggest that a company is over-leveraged, struggling to maintain or grow sales, paying bills too quickly or collecting receivables too slowly. On the other hand, a high or increasing quick ratio generally indicates that a company is experiencing solid top-line growth, quickly converting receivables into cash, and easily able to cover its financial obligations. Such companies often have faster inventory turnover and cash conversion cycles.
The higher the quick ratio, the better the company's liquidity position.
Axon Enterprise Quick Ratio Related Terms
Axon Enterprise Quick Ratio Historical Data
* Premium members only.
The historical data trend for Axon Enterprise's Quick Ratio 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.
FRA:TCS vs HEI.A, CW, FTAI: Quick Ratio Comparison
For the Aerospace & Defense subindustry, Axon Enterprise's Quick Ratio, along with its competitors' market caps and Quick Ratio 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 Quick Ratio vs Aerospace & Defense Industry
For the Aerospace & Defense industry and Industrials sector, Axon Enterprise's Quick Ratio distribution charts can be found below:
* The bar in red indicates where Axon Enterprise's Quick Ratio falls into.
The quick ratio measures a company's ability to meet its short-term obligations with its most liquid assets. For this reason, the ratio excludes inventories from current assets.
Axon Enterprise's Quick Ratio for the fiscal year that ended in Dec. 2025 is calculated as
* 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 (FRA:TCS) has a Quick Ratio of 1.93 as of Mar. 2026. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Axon Enterprise and its competitors. This is 28% below median its historical median of 2.69. Over the past decade, Axon Enterprise's Quick Ratio has ranged from 1.21 to 3.74. According to the industry distribution chart, Axon Enterprise ranks #118 out of 357 companies in the Aerospace & Defense industry, placing it in the top 33.1%.
Is Axon Enterprise's Quick Ratio too high?
Axon Enterprise's current Quick Ratio of 1.93 is 28% below median its 10-year median of 2.69. Over the past 10 years, this metric has ranged from a low of 1.21 to a high of 3.74. The Aerospace & Defense industry median Quick Ratio is 1.30. Axon Enterprise's value of 1.93 is 48.5% above this industry median. Based on the distribution chart, Axon Enterprise ranks #118 out of 357 companies in the Aerospace & Defense industry, which is above 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 Quick Ratio compare to HEI.A and CW?
According to the Aerospace & Defense industry distribution chart, Axon Enterprise ranks #118 out of 357 companies for Quick Ratio. This puts Axon Enterprise in the upper half of its industry. The industry median Quick Ratio is 1.30. Axon Enterprise's value of 1.93 is 48.5% above this benchmark. Historically, Axon Enterprise's own Quick Ratio has ranged from 1.21 to 3.74 over the past decade. While the company's 10-year median is 2.69 vs. the industry median of 1.30, 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 Quick Ratio for an Aerospace & Defense company?
The median Quick Ratio among Aerospace & Defense companies is 1.30, based on 357 companies in the industry. Companies in the top quartile (top 25%) have a Quick Ratio significantly above this median, while those in the bottom quartile fall well below. However, Quick Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Axon Enterprise's current Quick Ratio of 1.93 is 48.5% 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 Quick Ratio mean?
A high Quick Ratio can signal that a stock is expensive relative to its fundamentals. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Axon Enterprise and its competitors. For the Aerospace & Defense industry, the median Quick Ratio is 1.30 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Axon Enterprise's current Quick Ratio is 1.93, which is 28% below median its own 10-year median of 2.69. 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 (FRA:TCS) is currently considered Modestly Undervalued. The stock's GF Value™ is €538.73, compared to a current price of €416.20 — trading 22.7% below its estimated fair value. The current Quick Ratio is 1.93, which is 28% below median its 10-year median of 2.69 and 48.5% above the Aerospace & Defense industry median of 1.30. 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 Quick Ratio calculated?
Quick Ratio is calculated from a company's financial statements. For Axon Enterprise (FRA:TCS), the current Quick Ratio is 1.93 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 (FRA:TCS) Overvalued in 2026?
Based on GuruFocus' analysis, Axon Enterprise stock appears to be undervalued.
The current stock price of €416.20 is trading 22.7% below its estimated GF Value™ of €538.73.
GuruFocus considers Axon Enterprise to be Modestly Undervalued.
Key valuation signals for FRA:TCS:
Quick Ratio: 1.93 (28% below median its 10-year median of 2.69)
GF Value™: €538.73 vs. price of €416.20 (22.7% below fair value)
Industry Position: 48.5% above the Aerospace & Defense median (#118 of 357)
No single metric tells the full story. See the FRA:TCS 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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