Axcelis Technologies Inc (ACLS)
Return on total capital
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Earnings before interest and tax (EBIT) | US$ in thousands | 235,736 | 283,946 | 210,461 | 125,263 | 61,097 |
| Long-term debt | US$ in thousands | — | — | — | — | — |
| Total stockholders’ equity | US$ in thousands | 1,012,790 | 864,882 | 667,256 | 538,959 | 481,602 |
| Return on total capital | 23.28% | 32.83% | 31.54% | 23.24% | 12.69% |
December 31, 2024 calculation
Return on total capital = EBIT ÷ (Long-term debt + Total stockholders’ equity)
= $235,736K ÷ ($—K + $1,012,790K)
= 23.28%
Axcelis Technologies Inc's return on total capital has shown a positive trend over the period from December 31, 2020, to December 31, 2024, consistently improving from 12.69% to 23.28%. The return on total capital increased significantly year over year, reaching its peak at 32.83% on December 31, 2023. This indicates that the company has been effectively utilizing its total capital to generate profits and create value for its stakeholders. The upward trend in the return on total capital reflects the company's ability to efficiently deploy its resources and generate higher returns relative to the capital invested. Overall, the increasing return on total capital suggests that Axcelis Technologies Inc has been successful in generating attractive returns on its total capital base over the analyzed period.
Peer comparison
Dec 31, 2024