Axcelis Technologies Inc (ACLS)
Return on assets (ROA)
| 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income (ttm) | US$ in thousands | 200,993 | 222,093 | 239,448 | 250,161 | 246,263 | 232,199 | 206,551 | 189,161 | 183,078 | 161,835 | 149,067 | 123,784 | 98,650 | 77,575 | 60,845 | 55,241 | 49,982 | 45,020 | 34,939 | 22,193 |
| Total assets | US$ in thousands | 1,348,780 | 1,338,120 | 1,288,400 | 1,306,620 | 1,281,970 | 1,201,690 | 1,121,720 | 1,079,830 | 1,013,640 | 906,261 | 811,736 | 782,196 | 753,240 | 710,978 | 660,640 | 629,292 | 624,624 | 590,656 | 588,564 | 562,573 |
| ROA | 14.90% | 16.60% | 18.58% | 19.15% | 19.21% | 19.32% | 18.41% | 17.52% | 18.06% | 17.86% | 18.36% | 15.83% | 13.10% | 10.91% | 9.21% | 8.78% | 8.00% | 7.62% | 5.94% | 3.94% |
December 31, 2024 calculation
ROA = Net income (ttm) ÷ Total assets
= $200,993K ÷ $1,348,780K
= 14.90%
Axcelis Technologies Inc's Return on Assets (ROA) has shown a positive trend over the past few years, indicating efficient utilization of its assets to generate earnings. From March 31, 2020, at 3.94%, the ROA has steadily increased to reach 14.90% by December 31, 2024. The peak ROA was observed on March 31, 2024, at 19.15%. However, there was a slight decrease seen in the ROA for the following periods. Overall, the company's ability to generate profits relative to its assets has been improving consistently, suggesting effective management of its asset base.
Peer comparison
Dec 31, 2024
Company name
Symbol
ROA
Axcelis Technologies Inc
ACLS
14.90%
Azenta Inc
AZTA
-7.82%
Lam Research Corp
LRCX
20.42%
Veeco Instruments Inc
VECO
5.89%