Axcelis Technologies Inc (ACLS)
Operating profit margin
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Operating income | US$ in thousands | 210,794 | 265,795 | 212,361 | 127,325 | 58,041 |
| Revenue | US$ in thousands | 1,017,860 | 1,130,600 | 919,998 | 662,428 | 474,560 |
| Operating profit margin | 20.71% | 23.51% | 23.08% | 19.22% | 12.23% |
December 31, 2024 calculation
Operating profit margin = Operating income ÷ Revenue
= $210,794K ÷ $1,017,860K
= 20.71%
Based on the data provided, Axcelis Technologies Inc's operating profit margin has shown a consistent improvement over the past five years.
Starting at 12.23% on December 31, 2020, the operating profit margin increased to 19.22% by December 31, 2021, indicating a significant growth in profitability. This positive trend continued in the following years, with operating profit margins of 23.08% on December 31, 2022, and 23.51% on December 31, 2023, demonstrating the company's ability to effectively control operating expenses and generate higher profits from its core business operations.
However, there was a slight decrease in the operating profit margin to 20.71% by December 31, 2024, which could be due to various factors such as changes in operating costs, pricing pressure, or fluctuations in revenue.
Overall, the trend indicates that Axcelis Technologies Inc has been successful in increasing its operating efficiency and profitability over the years, although a closer analysis would be required to understand the specific drivers behind the fluctuations in the operating profit margin in each period.
Peer comparison
Dec 31, 2024