Axcelis Technologies Inc (ACLS)
Net profit margin
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Net income | US$ in thousands | 200,992 | 246,263 | 183,079 | 98,650 | 49,982 |
| Revenue | US$ in thousands | 1,017,860 | 1,130,600 | 919,998 | 662,428 | 474,560 |
| Net profit margin | 19.75% | 21.78% | 19.90% | 14.89% | 10.53% |
December 31, 2024 calculation
Net profit margin = Net income ÷ Revenue
= $200,992K ÷ $1,017,860K
= 19.75%
The net profit margin of Axcelis Technologies Inc has displayed a positive trend over the period from December 31, 2020, to December 31, 2024. Starting at 10.53% in 2020, the margin steadily increased to reach 14.89% by the end of 2021. The upward trajectory continued as the net profit margin further improved to 19.90% in 2022 and 21.78% in 2023, indicating effective cost management and efficient operations.
However, there was a slight dip in profitability in 2024, with the net profit margin declining to 19.75%. Despite this decrease, the company's profitability remains relatively strong compared to the initial levels in 2020. Overall, the consistent growth in the net profit margin demonstrates Axcelis Technologies Inc's ability to generate higher profits relative to its revenue, showcasing positive financial performance and operational efficiency over the analyzed period.
Peer comparison
Dec 31, 2024