Axcelis Technologies Inc (ACLS)
Gross profit margin
| Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | Dec 31, 2019 | Sep 30, 2019 | Jun 30, 2019 | Mar 31, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross profit (ttm) | US$ in thousands | 491,302 | 462,927 | 436,564 | 416,042 | 401,789 | 381,752 | 354,943 | 319,776 | 286,445 | 249,936 | 221,585 | 209,470 | 198,584 | 189,925 | 172,345 | 152,195 | 144,152 | 143,403 | 152,735 | 169,986 |
| Revenue (ttm) | US$ in thousands | 1,130,604 | 1,086,367 | 1,023,216 | 970,423 | 919,998 | 859,631 | 807,150 | 733,247 | 662,428 | 578,943 | 512,654 | 488,345 | 474,560 | 460,084 | 419,132 | 370,472 | 342,958 | 340,918 | 366,839 | 411,867 |
| Gross profit margin | 43.45% | 42.61% | 42.67% | 42.87% | 43.67% | 44.41% | 43.97% | 43.61% | 43.24% | 43.17% | 43.22% | 42.89% | 41.85% | 41.28% | 41.12% | 41.08% | 42.03% | 42.06% | 41.64% | 41.27% |
December 31, 2023 calculation
Gross profit margin = Gross profit (ttm) ÷ Revenue (ttm)
= $491,302K ÷ $1,130,604K
= 43.45%
Axcelis Technologies Inc's gross profit margin has shown stability over the past eight quarters, ranging from 42.61% to 44.41%. The margin peaked at 44.41% in Q3 2022 and hit its lowest point at 42.61% in Q3 2023. Despite some fluctuations, the overall trend indicates that the company has been able to maintain a gross profit margin above 42%, reflecting strong pricing power and effective cost management strategies. This consistency in gross profit margin suggests that Axcelis has been able to effectively manage its production costs and pricing strategies to sustain profitability levels over the analyzed period.
Peer comparison
Dec 31, 2023