Axon Enterprise, Inc. (AXON) Return on equity 2016–2025
Axon Enterprise, Inc. (AXON) return on equity by fiscal year — reported net income divided by year-end shareholders’ equity.
3.8%FY2025 · since FY2016: 11.5% → 3.8%
| Fiscal year | Value | YoY |
|---|---|---|
| FY2025 | 3.8% | -12.4 pp |
| FY2024 | 16.2% | +5.3 pp |
| FY2023 | 10.9% | -0.7 pp |
| FY2022 | 11.6% | +16.9 pp |
| FY2021 | -5.4% | -5.2 pp |
| FY2020 | -0.2% | -0.3 pp |
| FY2019 | 0.2% | -6.1 pp |
| FY2018 | 6.2% | +3.1 pp |
| FY2017 | 3.1% | -8.4 pp |
| FY2016 | 11.5% | — |
ROE = reported net income ÷ reported year-end shareholders’ equity for the same fiscal year. Heavy buybacks shrink equity and can push ROE very high (or negative-equity years drop out).
Source: SEC XBRL filings · For reference only · Not investment advice