Axcelis Technologies Inc (ACLS)
Gross profit margin
| Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross profit (ttm) | US$ in thousands | 454,653 | 476,326 | 496,040 | 503,334 | 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 |
| Revenue (ttm) | US$ in thousands | 1,017,865 | 1,075,736 | 1,111,498 | 1,128,956 | 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 |
| Gross profit margin | 44.67% | 44.28% | 44.63% | 44.58% | 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% |
December 31, 2024 calculation
Gross profit margin = Gross profit (ttm) ÷ Revenue (ttm)
= $454,653K ÷ $1,017,865K
= 44.67%
The gross profit margin of Axcelis Technologies Inc has shown a generally increasing trend over the past few years, indicating an improvement in the company's ability to generate profit from its revenue after accounting for the cost of goods sold. The margin has gradually increased from 41.08% as of March 31, 2020, to 44.67% as of December 31, 2024.
There were fluctuations in the margin, with some quarters showing slight decreases, such as the slight dip in the margin from December 2022 to March 2023. However, overall, the trend has been positive, with more notable increases observed in certain quarters, like the significant rise in the margin from September 2022 to December 2022.
The most recent gross profit margin of 44.67% as of December 31, 2024, is a positive indicator of Axcelis Technologies Inc's ability to efficiently manage its production costs and pricing strategies to enhance profitability. This sustained improvement in the gross profit margin reflects positively on the company's operational efficiency and competitiveness in the market.
Peer comparison
Dec 31, 2024