Axcelis Technologies Inc (ACLS)
Gross profit margin
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Gross profit | US$ in thousands | 454,654 | 491,301 | 401,790 | 286,445 | 198,584 |
| Revenue | US$ in thousands | 1,017,860 | 1,130,600 | 919,998 | 662,428 | 474,560 |
| Gross profit margin | 44.67% | 43.45% | 43.67% | 43.24% | 41.85% |
December 31, 2024 calculation
Gross profit margin = Gross profit ÷ Revenue
= $454,654K ÷ $1,017,860K
= 44.67%
The gross profit margin of Axcelis Technologies Inc has shown a steady improvement over the years, increasing from 41.85% as of December 31, 2020 to 44.67% as of December 31, 2024. This indicates that the company has been able to effectively control its production costs while maintaining or potentially increasing its sales prices. A rising gross profit margin suggests that Axcelis has been able to generate more profit from its core business activities, which is a positive indication of operational efficiency and profitability. Overall, the trend in the gross profit margin of Axcelis Technologies Inc reflects favorable performance and effective management of cost structures over the specified period.
Peer comparison
Dec 31, 2024