Axcelis Technologies Inc (ACLS)
Return on assets (ROA)
| 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income (ttm) | US$ in thousands | 246,263 | 232,199 | 206,551 | 189,161 | 183,078 | 161,835 | 149,065 | 123,782 | 98,648 | 77,573 | 60,845 | 55,212 | 49,953 | 79,595 | 69,514 | 56,797 | 51,638 | 50,889 | 59,023 | 73,136 |
| Total assets | US$ in thousands | 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 | 548,094 | 530,477 | 517,082 | 543,455 |
| 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% |
December 31, 2023 calculation
ROA = Net income (ttm) ÷ Total assets
= $246,263K ÷ $1,281,970K
= 19.21%
Based on the data provided, the return on assets (ROA) of Axcelis Technologies Inc has been fairly consistent in recent quarters. ROA measures the company's ability to generate profit from its assets.
The ROA for Axcelis Technologies Inc ranged from 15.83% to 19.32% over the past eight quarters. The highest ROA was recorded in Q3 2023 at 19.32%, while the lowest was in Q1 2022 at 15.83%. This indicates that the company is effectively utilizing its assets to generate profits.
Overall, Axcelis Technologies Inc has shown a relatively stable and healthy performance in terms of return on assets, demonstrating efficiency in managing its assets to generate profits for shareholders.
Peer comparison
Dec 31, 2023