Axon Enterprise Inc. (AXON)
Return on equity (ROE)
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Net income | US$ in thousands | 377,034 | 174,227 | 147,139 | -60,018 | -1,724 |
| Total stockholders’ equity | US$ in thousands | 2,327,660 | 1,612,030 | 1,268,490 | 1,047,850 | 976,255 |
| ROE | 16.20% | 10.81% | 11.60% | -5.73% | -0.18% |
December 31, 2024 calculation
ROE = Net income ÷ Total stockholders’ equity
= $377,034K ÷ $2,327,660K
= 16.20%
Based on the provided data, Axon Enterprise Inc.'s return on equity (ROE) experienced fluctuations over the years.
1. December 31, 2020: The ROE was negative at -0.18%, indicating that the company had a loss for that period compared to its equity.
2. December 31, 2021: The ROE further decreased to -5.73%, suggesting a decline in profitability and efficiency in generating returns for shareholders.
3. December 31, 2022: The ROE improved significantly to 11.60%, indicating a turnaround in the company's performance with a positive return on equity.
4. December 31, 2023: The ROE remained favorable at 10.81%, showing that the company continued to generate adequate returns relative to its equity.
5. December 31, 2024: The ROE further increased to 16.20%, signaling a continued improvement in the company's profitability and efficiency in utilizing shareholder equity.
Overall, Axon Enterprise Inc. experienced a mix of negative and positive ROE figures during the period, with a significant recovery and improvement in recent years, suggesting enhanced profitability and effectiveness in generating returns for its shareholders.
Peer comparison
Dec 31, 2024