Axcelis Technologies Inc (ACLS)
Profitability ratios
Return on sales
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | |
|---|---|---|---|---|---|
| Gross profit margin | 44.67% | 43.45% | 43.67% | 43.24% | 41.85% |
| Operating profit margin | 20.71% | 23.51% | 23.08% | 19.22% | 12.23% |
| Pretax margin | 22.62% | 24.64% | 22.27% | 18.18% | 11.78% |
| Net profit margin | 19.75% | 21.78% | 19.90% | 14.89% | 10.53% |
Axcelis Technologies Inc has exhibited a positive trend in its profitability ratios over the years. The gross profit margin has shown steady improvement, increasing from 41.85% in 2020 to 44.67% in 2024, indicating the company's ability to efficiently manage its production costs.
Similarly, the operating profit margin has seen significant growth, rising from 12.23% in 2020 to 20.71% in 2024. This suggests that Axcelis has been able to enhance its operational efficiency and control expenses more effectively.
The pretax margin has also exhibited a strong upward trajectory, increasing from 11.78% in 2020 to 22.62% in 2024. This indicates that the company has been able to generate higher profits relative to its total revenue before accounting for taxes, demonstrating improved financial health.
Lastly, the net profit margin has shown improvement over the years, with a notable increase from 10.53% in 2020 to 19.75% in 2024. This suggests that Axcelis has been successful in managing its overall expenses and generating higher profits for its shareholders after accounting for all costs.
Overall, the increasing trend in Axcelis Technologies Inc's profitability ratios reflects a positive performance in managing costs, enhancing operational efficiency, and generating higher profits over the years.
Return on investment
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | |
|---|---|---|---|---|---|
| Operating return on assets (Operating ROA) | 15.63% | 20.73% | 20.95% | 16.90% | 9.29% |
| Return on assets (ROA) | 14.90% | 19.21% | 18.06% | 13.10% | 8.00% |
| Return on total capital | 23.28% | 32.83% | 31.54% | 23.24% | 12.69% |
| Return on equity (ROE) | 19.85% | 28.47% | 27.44% | 18.30% | 10.38% |
Axcelis Technologies Inc has shown a positive trend in its profitability ratios over the past five years based on the data provided.
1. Operating Return on Assets (Operating ROA) has increased from 9.29% in December 31, 2020 to 20.73% in December 31, 2023, indicating efficient management in generating operating income relative to its assets. However, in 2024, there was a slight decrease to 15.63%.
2. Return on Assets (ROA) has also demonstrated an increasing trend, rising from 8.00% in December 31, 2020 to 19.21% in December 31, 2023, and then slightly dropping to 14.90% in December 31, 2024. This ratio reflects the company's ability to generate profits from its total assets.
3. Return on Total Capital has shown significant improvement, growing from 12.69% in December 31, 2020 to 32.83% in December 31, 2023, and then declining to 23.28% in December 31, 2024. This ratio indicates the effectiveness of the company in generating returns from both debt and equity capital investments.
4. Return on Equity (ROE) has also seen a positive trajectory, increasing from 10.38% in December 31, 2020 to 28.47% in December 31, 2023, before decreasing slightly to 19.85% in December 31, 2024. ROE illustrates how well the company is utilizing shareholder equity to generate profits.
Overall, Axcelis Technologies Inc's profitability ratios indicate an upward trend in profitability and efficiency in utilizing its assets and capital to generate returns for shareholders. However, there was a slight decrease in some ratios in 2024 compared to the previous year, which may require further analysis to understand the underlying factors affecting the company's profitability.