Axcelis Technologies Inc (ACLS)
Profitability ratios
Return on sales
| 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross profit margin | 43.45% | 42.61% | 42.67% | 42.87% | 43.67% | 44.41% | 43.97% | 43.61% | 43.24% | 43.17% | 43.22% | 42.89% | 41.85% | 41.28% | 41.12% | 41.08% | 42.03% | 42.06% | 41.64% | 41.27% |
| 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% |
| Pretax margin | 24.64% | 23.66% | 22.31% | 21.84% | 22.27% | 21.45% | 21.50% | 20.20% | 18.18% | 15.48% | 13.45% | 12.65% | 11.77% | 19.27% | 18.00% | 16.53% | 16.19% | 15.73% | 17.06% | 19.15% |
| Net profit margin | 21.78% | 21.37% | 20.19% | 19.49% | 19.90% | 18.83% | 18.47% | 16.88% | 14.89% | 13.40% | 11.87% | 11.31% | 10.53% | 17.30% | 16.59% | 15.33% | 15.06% | 14.93% | 16.09% | 17.76% |
Axcelis Technologies Inc has shown stable gross profit margins over the past eight quarters, ranging between 42.61% and 43.67%. This indicates consistent efficiency in managing production costs.
The operating profit margin has also been relatively steady, indicating the company's ability to control operating expenses and generate profits from its core business activities.
The pretax margin has shown some fluctuations, with Q4 2023 showing the highest margin at 24.64% and Q1 2022 the lowest at 20.20%. This may suggest volatility in pre-tax earnings relative to total revenue.
Net profit margins have generally increased over the quarters, indicating the company's ability to effectively manage its tax expenses and generate higher profits for its shareholders. However, there was a slight decrease in Q3 2023, which is worth monitoring for any potential trends.
Overall, Axcelis Technologies Inc has demonstrated consistent profitability ratios, with stable gross and operating margins and an improving trend in net profit margins over the periods analyzed.
Return on investment
| 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 return on assets (Operating ROA) | 20.73% | 20.21% | 20.00% | 19.89% | 20.95% | 22.38% | 22.92% | 19.93% | 16.90% | 13.34% | 10.94% | 10.28% | 9.29% | 9.68% | 7.68% | 5.48% | 4.42% | 4.24% | 6.05% | 8.93% |
| Return on assets (ROA) | 19.21% | 19.32% | 18.41% | 17.52% | 18.06% | 17.86% | 18.36% | 15.82% | 13.10% | 10.91% | 9.21% | 8.77% | 8.00% | 13.48% | 11.81% | 10.10% | 9.42% | 9.59% | 11.41% | 13.46% |
| Return on total capital | 30.73% | 30.32% | 30.15% | 30.61% | 31.83% | 32.99% | 31.70% | 27.88% | 23.62% | 18.53% | 14.63% | 13.26% | 12.05% | 12.41% | 10.15% | 7.21% | 5.77% | 5.52% | 7.72% | 11.64% |
| Return on equity (ROE) | 28.47% | 28.99% | 27.76% | 26.95% | 27.44% | 26.32% | 25.40% | 22.13% | 18.30% | 15.16% | 12.31% | 11.32% | 10.37% | 17.28% | 15.62% | 13.30% | 12.31% | 12.48% | 14.56% | 17.53% |
Axcelis Technologies Inc has demonstrated consistent profitability over the quarters based on the provided data. The company's Operating Return on Assets (Operating ROA) remained relatively stable, ranging from 19.89% to 22.92% over the past eight quarters. This indicates that the company efficiently generates profits from its assets utilized in operations.
In terms of overall profitability, Axcelis Technologies Inc also performed well as evidenced by the Return on Assets (ROA) figures ranging between 17.52% and 19.32%. This metric reflects the company's ability to generate earnings relative to its total assets.
Moreover, the Return on Total Capital ratio consistently remained above 25%, indicating that the company efficiently utilizes both debt and equity to generate profitability. This ratio ranged from 28.40% to 30.66% over the specified quarters.
Additionally, the Return on Equity (ROE) ratios stayed consistently strong, with values ranging from 22.13% to 28.99%. This reflects the company's ability to generate returns for its shareholders from the equity invested in the business.
Overall, Axcelis Technologies Inc has displayed robust profitability ratios across the board, showcasing effective management of assets, capital, and equity to generate positive returns for the company and its investors.