Growth Metrics

Axon Enterprise (AXON) Return on Invested Capital (2016 - 2025)

Axon Enterprise has reported Return on Invested Capital over the past 15 years, most recently at 0.13% for Q4 2025.

  • Quarterly results put Return on Invested Capital at 0.13% for Q4 2025, down 16.0% from a year ago — trailing twelve months through Dec 2025 was 0.13% (down 16.0% YoY), and the annual figure for FY2025 was 0.15%, down 18.0%.
  • Return on Invested Capital for Q4 2025 was 0.13% at Axon Enterprise, down from 0.01% in the prior quarter.
  • Over the last five years, Return on Invested Capital for AXON hit a ceiling of 0.29% in Q1 2022 and a floor of 0.13% in Q4 2025.
  • Median Return on Invested Capital over the past 5 years was 0.03% (2024), compared with a mean of 0.03%.
  • Biggest five-year swings in Return on Invested Capital: surged 34bps in 2022 and later fell -23bps in 2023.
  • Axon Enterprise's Return on Invested Capital stood at 0.06% in 2021, then soared by 191bps to 0.06% in 2022, then soared by 96bps to 0.11% in 2023, then tumbled by -77bps to 0.03% in 2024, then plummeted by -598bps to 0.13% in 2025.
  • The last three reported values for Return on Invested Capital were 0.13% (Q4 2025), 0.01% (Q3 2025), and 0.0% (Q2 2025) per Business Quant data.