Axcelis Technologies Inc (ACLS)
Pretax margin
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Earnings before tax but after interest (EBT) | US$ in thousands | 230,274 | 278,599 | 204,885 | 120,428 | 55,886 |
| Revenue | US$ in thousands | 1,017,860 | 1,130,600 | 919,998 | 662,428 | 474,560 |
| Pretax margin | 22.62% | 24.64% | 22.27% | 18.18% | 11.78% |
December 31, 2024 calculation
Pretax margin = EBT ÷ Revenue
= $230,274K ÷ $1,017,860K
= 22.62%
Axcelis Technologies Inc has exhibited a positive trend in its pretax margin over the years, reflecting its ability to effectively manage its operating expenses and generate higher pre-tax profits relative to its total revenue. The pretax margin increased from 11.78% as of December 31, 2020, to 22.62% by December 31, 2024. This improvement indicates the company's enhanced efficiency in controlling costs and maximizing profitability before accounting for taxes. The consistent growth in pretax margin highlights Axcelis Technologies Inc's operational effectiveness and potentially sustainable performance in the foreseeable future.
Peer comparison
Dec 31, 2024