Axcelis Technologies Inc (ACLS)
Net 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income (ttm) | US$ in thousands | 246,263 | 232,199 | 206,551 | 189,161 | 183,078 | 161,835 | 149,065 | 123,782 | 98,648 | 77,573 | 60,845 | 55,212 | 49,953 | 79,595 | 69,514 | 56,797 | 51,638 | 50,889 | 59,023 | 73,136 |
| 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 |
| Net profit margin | 21.78% | 21.37% | 20.19% | 19.49% | 19.90% | 18.83% | 18.47% | 16.88% | 14.89% | 13.40% | 11.87% | 11.31% | 10.53% | 17.30% | 16.59% | 15.33% | 15.06% | 14.93% | 16.09% | 17.76% |
December 31, 2023 calculation
Net profit margin = Net income (ttm) ÷ Revenue (ttm)
= $246,263K ÷ $1,130,604K
= 21.78%
The net profit margin of Axcelis Technologies Inc has shown a generally positive trend over the past eight quarters. The company's net profit margin increased from 16.88% in Q1 2022 to 21.78% in Q4 2023. This indicates that the company has been successful in controlling its costs and improving its profitability.
Overall, the net profit margin has been consistently above 18% for the past six quarters, reflecting strong operational efficiency and effective cost management. The company's ability to maintain a net profit margin above 20% in the most recent quarter suggests that Axcelis Technologies Inc is generating healthy profits relative to its revenue.
The increasing trend in net profit margin indicates that Axcelis Technologies Inc has been efficiently managing its expenses and generating higher profits in relation to its sales, which is a positive indicator of the company's financial health and performance.
Peer comparison
Dec 31, 2023