Axcelis Technologies Inc (ACLS)

Pretax margin

Dec 31, 2024 Sep 30, 2024 Jun 30, 2024 Mar 31, 2024 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
Earnings before tax but after interest (EBT) (ttm) US$ in thousands 230,274 259,035 277,345 284,696 278,599 256,989 228,323 211,903 204,884 184,354 173,558 148,110 120,428 89,621 69,000 61,825 55,886 54,084 40,868 26,650
Revenue (ttm) US$ in thousands 1,017,865 1,075,736 1,111,498 1,128,956 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
Pretax margin 22.62% 24.08% 24.95% 25.22% 24.64% 23.66% 22.31% 21.84% 22.27% 21.45% 21.50% 20.20% 18.18% 15.48% 13.46% 12.66% 11.78% 11.76% 9.75% 7.19%

December 31, 2024 calculation

Pretax margin = EBT (ttm) ÷ Revenue (ttm)
= $230,274K ÷ $1,017,865K
= 22.62%

The pretax margin of Axcelis Technologies Inc has shown a general increasing trend over the observed period, starting at 7.19% in March 2020 and reaching 22.62% by December 2024. The pretax margin experienced consistent growth until March 2024, peaking at 25.22%. However, there was a slight decline in the pretax margin in the following quarters, decreasing to 22.62% by December 2024.

Overall, Axcelis Technologies Inc has been effectively managing its pre-tax profitability, with a steady improvement in its pretax margin over the years, indicating efficient cost management and revenue generation strategies.


Peer comparison

Dec 31, 2024

Company name
Symbol
Pretax margin
Axcelis Technologies Inc
ACLS
22.62%
Azenta Inc
AZTA
-25.71%
Lam Research Corp
LRCX
29.26%
Veeco Instruments Inc
VECO
9.60%