Axon Enterprise, Inc. (AXON) scored on five pillars from its reported financial statements, and ranked against 270 Industrials companies.
Axon Enterprise, Inc. (AXON) scores 5.6 out of 10 as of , computed from its reported financial statements. That reads as solid quality. The reading rests on solvency, and profitability is what holds it back.
Data provided by Twelve Data. Scores are computed by Lemma Analysis from reported financials.
We cannot judge Axon Enterprise, Inc. yet, because fewer than five years had both a return on capital and a cost of capital we could measure. This is not a “no”.
Quantitative signs of a moat, read from the filed statements. This is not a judgement of where it comes from (brand, network effects, switching costs). How Lemma measures a moat →
On the filings behind it, Axon Enterprise, Inc. earns 5.6 out of 10 for business quality as of October 18, 2026. That is solid quality on our scale. A solid reading is a respectable business with clear strengths and at least one area that falls short of the best in its field. The figure is a weighted average of five pillars, each scored from 0 to 10 against sector-aware benchmarks from reported statements.
Set against 270 Industrials companies, Axon Enterprise, Inc. lands at the 50th percentile, in the better half of its peers. The median across the group is 5.6, and the top quarter begins at 6.5, so Axon Enterprise, Inc. is in line with the typical company here.
On profitability, Axon Enterprise, Inc. scores 3.1, a weak reading. Its peers have a median of 4.9 across 262 Industrials companies, which places it well below them, at the 31st percentile. A low reading here is the first thing to explain: it is the pillar most closely tied to whether the business creates value at all.
Axon Enterprise, Inc.’s solvency score is 7.4 out of 10 (strong). Against a median of 7.1 among 241 Industrials companies, that is in line with the group and the 54th percentile. A high solvency score means leverage is modest relative to earnings and cash flow, which gives management room to act in a bad year.
Growth scores 7.2 out of 10, which reads as strong. The median across 216 Industrials companies is 5.4, so Axon Enterprise, Inc. is well above its peers on this pillar and ranks at the 76th percentile. Strong growth means revenue, earnings and cash flow have been compounding faster than at most peers over the last few years.
Axon Enterprise, Inc.’s efficiency score is 5.0 out of 10 (average). Against a median of 6.2 among 264 Industrials companies, that is below the group and the 30th percentile. Efficiency near the median says the operation is neither unusually lean nor unusually capital hungry.
Predictability scores 5.6 out of 10, which reads as average. The median across 267 Industrials companies is 5.0, so Axon Enterprise, Inc. is above its peers on this pillar and ranks at the 64th percentile. Middling predictability suggests some volatility in the record, enough to read the other pillars with a little caution.
This is a lopsided profile. Solvency scores 7.4 but profitability only 3.1, a gap of 4.3 points, so the overall hides a business that is excellent in one respect and weak in another. A solvency lead means the balance sheet is the company’s strongest asset, a cushion that buys time when trading gets harder. A profitability shortfall is the one most worth understanding, since it bears directly on whether the business creates value.
Closing the gap on profitability would do the most for the overall. At the median of Industrials companies, 4.9, Axon Enterprise, Inc. would score about 6.0 instead of 5.6. All five pillars could be scored, so the overall uses the full set of weights out of 100: profitability 25, solvency 20, growth 20, efficiency 15, predictability 20.
These are the Industrials companies closest to Axon Enterprise, Inc. in market value. Each has its own page scored on the same five pillars, so the comparison is like for like.
How much profit the company generates from its capital and sales.
The company’s ability to service debt and meet its obligations.
How fast revenue, earnings and cash flow are compounding.
How well assets and earnings convert into cash and output.
How stable and consistent results have been over time.
Each metric is scored from 0 to 10 against sector-aware benchmarks, where higher is better. Metrics roll up into five pillars, and the pillars combine into the overall score using the weights shown. Sector-sensitive metrics are judged relative to peers in the same sector.
This score is a systematic, backward-looking read of reported fundamentals. It does not judge valuation, management quality, competitive moat, or future prospects, and can be distorted by one-off items or unusual accounting. Treat it as a starting point, not a recommendation.
Educational only. Not investment advice.
On this reading Axon Enterprise, Inc. scores 5.6 out of 10, which reads as solid quality. Its strongest pillar is solvency, its weakest is profitability. Quality is not the same as a good investment: the score says nothing about the price you would pay.
Axon Enterprise, Inc. ranks at the 50th percentile of the 270 Industrials companies Lemma publishes a score for. The median there is 5.6 and the top quarter starts at 6.5, against Axon Enterprise, Inc.’s 5.6.
Five pillars, each scored from 0 to 10 against sector-aware benchmarks and then weighted into one overall reading: profitability, solvency, growth, efficiency and predictability. Everything comes from reported financials, and nothing comes from price, sentiment or forecasts.
This page last changed on October 18, 2026. The score moves with the financial statements, so the page changes when a new filing moves the reading rather than on a schedule. Live figures for AXON are in the app.
No. Quality and valuation are separate questions, and a good business at the wrong price is still a bad purchase. Score the business here, then price it with a DCF you control.
Inside Lemma Analysis the same five pillars run on every company we cover, with the metrics behind each one, current fundamentals, a DCF you control and a watchlist that tells you when the price catches up.
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