Axcelis Technologies Inc (ACLS)
Operating return on assets (Operating ROA)
| 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 |
| Total assets | US$ in thousands | 1,348,780 | 1,281,970 | 1,013,640 | 753,240 | 624,624 |
| Operating ROA | 15.63% | 20.73% | 20.95% | 16.90% | 9.29% |
December 31, 2024 calculation
Operating ROA = Operating income ÷ Total assets
= $210,794K ÷ $1,348,780K
= 15.63%
Axcelis Technologies Inc's operating return on assets (ROA) has shown a positive trend over the years, indicating increasing efficiency in generating operating profits relative to its assets. The operating ROA increased from 9.29% in December 31, 2020, to 16.90% in December 31, 2021, and further improved to 20.95% in December 31, 2022. Although there was a slight decrease to 20.73% in December 31, 2023, the operating ROA remained relatively high. However, in December 31, 2024, there was a decrease to 15.63%, suggesting a potential decline in the company's ability to generate operating income from its assets. Overall, the company has shown strong operational efficiency in recent years, with a particularly notable improvement in 2022.
Peer comparison
Dec 31, 2024