Axcelis Technologies Inc (ACLS)
Operating 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating income (ttm) | US$ in thousands | 265,796 | 242,834 | 224,356 | 214,793 | 212,359 | 202,854 | 186,046 | 155,898 | 127,325 | 94,816 | 72,304 | 64,688 | 58,041 | 57,178 | 45,183 | 30,812 | 24,205 | 22,515 | 31,296 | 48,553 |
| 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 |
| Operating profit margin | 23.51% | 22.35% | 21.93% | 22.13% | 23.08% | 23.60% | 23.05% | 21.26% | 19.22% | 16.38% | 14.10% | 13.25% | 12.23% | 12.43% | 10.78% | 8.32% | 7.06% | 6.60% | 8.53% | 11.79% |
December 31, 2023 calculation
Operating profit margin = Operating income (ttm) ÷ Revenue (ttm)
= $265,796K ÷ $1,130,604K
= 23.51%
The operating profit margin for Axcelis Technologies Inc has shown relatively stable performance over the past eight quarters. It ranged between 21.26% and 23.60%, with a slight downward trend in the most recent quarters. The margin peaked at 23.60% in Q3 2022 before gradually declining to 22.13% in Q1 2023. Despite the fluctuations, the company has maintained a healthy operating profit margin above 20% throughout the period, indicating efficient cost management and profitability in its operations. Overall, Axcelis Technologies Inc has demonstrated a consistent ability to generate profits from its core business activities over the recent quarters.
Peer comparison
Dec 31, 2023