Axcelis Technologies Inc (ACLS)
Return on equity (ROE)
| 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 stockholders’ equity | US$ in thousands | 1,012,790 | 975,594 | 934,948 | 901,743 | 864,882 | 800,971 | 744,037 | 701,821 | 667,256 | 614,890 | 586,927 | 559,273 | 538,959 | 511,679 | 494,102 | 487,660 | 481,602 | 460,663 | 445,024 | 427,172 |
| ROE | 19.85% | 22.76% | 25.61% | 27.74% | 28.47% | 28.99% | 27.76% | 26.95% | 27.44% | 26.32% | 25.40% | 22.13% | 18.30% | 15.16% | 12.31% | 11.33% | 10.38% | 9.77% | 7.85% | 5.20% |
December 31, 2024 calculation
ROE = Net income (ttm) ÷ Total stockholders’ equity
= $200,993K ÷ $1,012,790K
= 19.85%
The Return on Equity (ROE) of Axcelis Technologies Inc has shown a positive trend over the specified period, reflecting the company's ability to generate profits from shareholders' equity.
From March 31, 2020, where the ROE was 5.20%, the metric increased progressively and reached its peak at 28.99% by September 30, 2023. This period of consistent growth showcases the company's efficient utilization of equity to generate returns for shareholders.
However, starting from March 31, 2024, the ROE began to show a slight decline, dropping to 19.85% by December 31, 2024. This decline might indicate a potential decrease in profitability relative to shareholder equity during this period.
Overall, the company has demonstrated strong ROE figures, indicating effective management of equity investments to generate profits. It would be prudent for stakeholders to continue monitoring the trend to assess Axcelis Technologies Inc's ability to maintain and improve its return on equity in the future.
Peer comparison
Dec 31, 2024