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Axon EnterpriseAXON +2.79%81 3-Year Share Buyback Ratio is -3.90 as of Mar. 2026. GuruFocus rates AXON with a GF Score™ of 81/100 and a GF Value™ of $615.23 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 228 Aerospace & Defense companies, Axon Enterprise ranks worse than 52.19% on this metric.
Shares Outstanding (EOP) are shares that have been authorized, issued, and purchased by investors and are held by them.
3-Year Share Buyback Ratio measures the average annual proportion of a company's outstanding shares repurchased over the past three years. It is calculated as the annualized percentage change in shares outstanding from three years ago to the current year. A positive ratio may indicate share buybacks over the period, while a zero or negative ratio may reflect no repurchases or potential share issuance. Axon Enterprise's current 3-Year Share Buyback Ratio was -3.90%.
The historical rank and industry rank for Axon Enterprise's 3-Year Share Buyback Ratio or its related term are showing as below:
AXON'
s 3-Year Share Buyback Ratio Range Over the Past 10 Years
Min: -22.4 Med: -2.6 Max: 5.6
Current: -3.9
During the past 13 years, Axon Enterprise's highest 3-Year Share Buyback Ratio was 5.60%. The lowest was -22.40%. And the median was -2.60%.
AXON's 3-Year Share Buyback Ratio is ranked worse than 52.19% of 228
companies
in the Aerospace & Defense industry
Industry Median: -3.35
vs AXON: -3.90
Axon Enterprise (NAS:AXON) 3-Year Share Buyback Ratio Explanation
A negative number means the company might be issuing new shares. A positive number indicates that the company is buying back shares.
Be Aware
Investors usually like share buybacks. But as pointed by Warren Buffett, only if a company buys back shares at the prices below the stock's intrinsic value, it rewards remaining shareholders. If a company buys its overvalued stocks back, it destroys shareholder value.
Axon Enterprise 3-Year Share Buyback Ratio Related Terms
AXON vs HEI.A, RKLB, CW: 3-Year Share Buyback Ratio Comparison
For the Aerospace & Defense subindustry, Axon Enterprise's 3-Year Share Buyback Ratio, along with its competitors' market caps and 3-Year Share Buyback 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 3-Year Share Buyback Ratio vs Aerospace & Defense Industry
For the Aerospace & Defense industry and Industrials sector, Axon Enterprise's 3-Year Share Buyback Ratio distribution charts can be found below:
* The bar in red indicates where Axon Enterprise's 3-Year Share Buyback Ratio falls into.
Axon Enterprise 3-Year Share Buyback Ratio Calculation
This is the annualized percentage change in shares outstanding from three years ago to the current year. The annualized percentage change is calculated with expontential compound based on the latest four years of annual data on Shares Outstanding (EOP).
Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.
What does a 3-Year Share Buyback Ratio of -3.90 mean?
Axon Enterprise (AXON) has a 3-Year Share Buyback Ratio of -3.90 as of Mar. 2026. The 3-Year Share Buyback Ratio measures the average annual proportion of a company's outstanding shares repurchased over the past three years. It is calculated as the annualized percentage change in shares outstanding from three years ago to the current year. View historical data for Axon Enterprise and its competitors. According to the industry distribution chart, Axon Enterprise ranks #119 out of 228 companies in the Aerospace & Defense industry, placing it in the top 52.2%.
Is Axon Enterprise's 3-Year Share Buyback Ratio too high?
Axon Enterprise's current 3-Year Share Buyback Ratio is -3.90. Based on the distribution chart, Axon Enterprise ranks #119 out of 228 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 3-Year Share Buyback Ratio compare to HEI.A and RKLB?
According to the Aerospace & Defense industry distribution chart, Axon Enterprise ranks #119 out of 228 companies for 3-Year Share Buyback Ratio. This places Axon Enterprise in the lower half of its industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good 3-Year Share Buyback Ratio for an Aerospace & Defense company?
A good 3-Year Share Buyback Ratio depends on the Aerospace & Defense industry context. However, 3-Year Share Buyback Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high 3-Year Share Buyback Ratio mean?
A high 3-Year Share Buyback Ratio can signal that a stock is expensive relative to its fundamentals. The 3-Year Share Buyback Ratio measures the average annual proportion of a company's outstanding shares repurchased over the past three years. It is calculated as the annualized percentage change in shares outstanding from three years ago to the current year. View historical data for Axon Enterprise and its competitors. Axon Enterprise's current 3-Year Share Buyback Ratio is -3.90. 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 $615.23, compared to a current price of $540.14 — trading 12.2% below its estimated fair value. The current 3-Year Share Buyback Ratio is -3.90. 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 3-Year Share Buyback Ratio calculated?
3-Year Share Buyback Ratio is calculated from a company's financial statements. For Axon Enterprise (AXON), the current 3-Year Share Buyback Ratio is -3.90 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 $540.14 is trading 12.2% below its estimated GF Value™ of $615.23.
GuruFocus considers Axon Enterprise to be Modestly Undervalued.
Key valuation signals for AXON:
3-Year Share Buyback Ratio: -3.90
GF Value™: $615.23 vs. price of $540.14 (12.2% below fair value)
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
Get the complete analysis for AXON
3-Year Share Buyback Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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