Axcelis Technologies (ACLS) Financials

$56.19 -1.81 (-3.12%)

Closing price 05/30/2025 04:00 PM Eastern

Extended Trading

$57.78 +1.60 (+2.84%)

As of 05/30/2025 06:44 PM Eastern

Annual Income Statements for Axcelis Technologies

This table shows Axcelis Technologies' income and expenses over time, based on annual financial data. All values are USD millions unless otherwise specified.

Metric	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014
Period end date	12/31/2024	12/31/2023	12/31/2022	12/31/2021	12/31/2020	12/31/2019	12/31/2018	12/31/2017	12/31/2016	12/31/2015	12/31/2014
Net Income / (Loss) Attributable to Common Shareholders	201	246	183	99	50	17	46	127	210	15	-11
Consolidated Net Income / (Loss)	201	246	183	99	50	17	46	127	11	15	-11
Net Income / (Loss) Continuing Operations	201	246	183	99	50	17	46	127	210	15	-11
Total Pre-Tax Income	230	279	205	120	56	21	55	44	11	15	-10
Total Operating Income	211	266	212	127	58	24	60	48	17	21	-11
Total Gross Profit	455	491	402	286	199	144	180	150	199	102	70
Total Revenue	1,018	1,131	920	662	475	343	443	411	534	301	203
Operating Revenue	1,018	1,131	920	662	475	343	443	411	534	301	203
Total Cost of Revenue	563	639	518	376	276	199	263	260	335	200	133
Operating Cost of Revenue	563	639	518	376	-	199	263	260	335	200	133
Total Operating Expenses	244	226	189	159	141	120	120	102	-17	81	81
Selling, General & Admin Expense	70	66	57	46	40	32	33	31	24	25	24
Marketing Expense	68	63	54	48	39	34	35	29	24	23	21
Research & Development Expense	105	97	78	65	62	54	52	43	34	33	34
Total Other Income / (Expense), net	19	13	-7.48	-6.90	-2.16	-3.28	-5.25	-4.01	-5.60	-5.51	0.49
Interest Expense	5.46	5.35	5.58	4.84	5.21	5.16	5.11	5.12	5.07	4.98	1.07
Interest & Investment Income	24	18	4.55	0.21	0.74	2.96	2.33	0.71	0.24	0.06	0.03
Other Income / (Expense), net	0.54	-0.05	-6.45	-2.27	2.32	-1.08	-2.47	0.40	-0.76	-0.60	1.53
Income Tax Expense	29	32	22	22	5.90	3.89	8.82	-83	0.02	0.53	1.10
Basic Earnings per Share	$6.17	$7.52	$5.54	$2.94	$1.50	$0.52	$1.42	$4.11	$0.38	$0.51	($0.40)
Weighted Average Basic Shares Outstanding	32.55M	32.76M	33.04M	33.56M	33.26M	32.56M	32.29M	30.87M	29.20M	28.60M	27.86M
Diluted Earnings per Share	$6.15	$7.43	$5.46	$2.88	$1.46	$0.50	$1.35	$3.80	$0.36	$0.49	($0.40)
Weighted Average Diluted Shares Outstanding	32.70M	33.17M	33.54M	34.27M	34.13M	33.83M	34.00M	33.44M	30.95M	30.23M	27.86M
Weighted Average Basic & Diluted Shares Outstanding	32.15M	32.63M	32.71M	33.25M	33.73M	33.09M	32.74M	30.90M	29M	28.80M	112.70M

This table shows Axcelis Technologies' income and expenses over time, based on quarterly financial data. All values are USD millions unless otherwise specified.

Metric	Q1 2025	Q4 2024	Q3 2024	Q2 2024	Q1 2024	Q4 2023	Q3 2023	Q2 2023	Q1 2023	Q4 2022	Q3 2022
Period end date	3/31/2025	12/31/2024	9/30/2024	6/30/2024	3/31/2024	12/31/2023	9/30/2023	6/30/2023	3/31/2023	12/31/2022	9/30/2022
Net Income / (Loss) Attributable to Common Shareholders	29	50	49	51	52	71	66	62	48	57	40
Consolidated Net Income / (Loss)	29	50	49	51	52	71	66	62	48	57	40
Net Income / (Loss) Continuing Operations	29	50	49	51	52	71	66	62	48	57	40
Total Pre-Tax Income	33	59	55	57	59	87	74	65	53	66	45
Total Operating Income	29	55	47	53	57	79	72	64	51	56	53
Total Gross Profit	89	116	110	112	116	138	130	120	104	110	103
Total Revenue	193	252	257	257	252	310	292	274	254	266	229
Operating Revenue	193	252	257	257	252	310	292	274	254	266	229
Total Cost of Revenue	104	136	147	144	136	172	163	154	150	157	126
Operating Cost of Revenue	104	136	147	144	136	172	163	154	150	-	126
Total Operating Expenses	60	62	63	60	60	59	58	56	53	53	50
Selling, General & Admin Expense	17	17	20	17	16	17	17	16	15	16	15
Marketing Expense	15	17	17	17	17	17	16	16	14	15	15
Research & Development Expense	27	28	26	26	26	25	24	24	24	22	21
Total Other Income / (Expense), net	3.93	4.11	8.45	4.46	2.46	8.36	2.00	0.91	1.55	9.71	-8.19
Interest Expense	1.37	1.44	1.33	1.34	1.35	1.32	1.33	1.35	1.35	1.48	1.33
Interest & Investment Income	5.60	6.28	6.56	6.05	5.52	5.38	4.58	4.31	3.94	2.99	1.11
Other Income / (Expense), net	-0.31	-0.72	3.23	-0.26	-1.71	4.30	-1.26	-2.05	-1.04	8.19	-7.97
Income Tax Expense	4.51	8.69	6.79	6.40	7.40	16	7.74	3.04	5.21	8.80	4.73
Basic Earnings per Share	$0.89	$1.54	$1.49	$1.56	$1.58	$2.17	$2.01	$1.88	$1.46	$1.73	$1.22
Weighted Average Basic Shares Outstanding	32.26M	32.55M	32.55M	32.60M	32.64M	32.76M	32.81M	32.78M	32.74M	33.04M	33.01M
Diluted Earnings per Share	$0.88	$1.54	$1.49	$1.55	$1.57	$2.15	$1.99	$1.86	$1.43	$1.71	$1.21
Weighted Average Diluted Shares Outstanding	32.34M	32.70M	32.68M	32.77M	32.93M	33.17M	33.16M	33.19M	33.29M	33.54M	33.39M
Weighted Average Basic & Diluted Shares Outstanding	32.13M	32.15M	32.51M	32.62M	32.53M	32.63M	32.75M	32.82M	32.71M	32.71M	32.85M

This table details how cash moves in and out of Axcelis Technologies' business through operations, investing, and financing, using annual figures. All values are USD millions unless otherwise specified.

Metric	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014
Period end date	12/31/2024	12/31/2023	12/31/2022	12/31/2021	12/31/2020	12/31/2019	12/31/2018	12/31/2017	12/31/2016	12/31/2015	12/31/2014
Net Change in Cash & Equivalents	-43	-12	-109	91	58	-38	44	63	-8.17	54	-16
Net Cash From Operating Activities	141	157	216	150	70	-14	47	56	-8.79	18	-16
Net Cash From Continuing Operating Activities	141	157	216	150	70	-14	47	56	-8.79	18	-16
Net Income / (Loss) Continuing Operations	201	246	183	99	50	17	46	127	11	15	-11
Consolidated Net Income / (Loss)	201	246	183	99	50	17	46	127	11	15	-11
Depreciation Expense	16	13	12	11	9.94	7.88	5.77	5.00	4.26	4.87	4.59
Amortization Expense	-12	-12	0.00	0.00	-	-	-	-	-	-	-
Non-Cash Adjustments To Reconcile Net Income	38	27	24	16	14	12	9.99	14	6.09	7.30	6.63
Changes in Operating Assets and Liabilities, net	-101	-117	-3.07	25	-4.23	-50	-15	-89	-30	-8.58	-16
Net Cash From Investing Activities	-109	-101	-257	-8.72	-7.27	-12	-4.72	-7.29	-2.24	-1.83	-0.90
Net Cash From Continuing Investing Activities	-109	-101	-257	-8.72	-7.27	-12	-4.72	-7.29	-2.24	-1.83	-0.90
Purchase of Property, Plant & Equipment	-12	-21	-11	-8.72	-7.43	-12	-4.72	-7.29	-2.51	-1.83	-0.90
Purchase of Investments	-539	-389	-247	0.00	0.00	-	-	-	-	-	-
Sale and/or Maturity of Investments	443	309	0.00	0.00	-	-	-	-	-	-	-
Net Cash From Financing Activities	-71	-68	-65	-52	-2.39	-13	1.19	15	2.35	38	2.76
Net Cash From Continuing Financing Activities	-71	-68	-65	-52	-2.39	-13	1.19	15	2.35	38	2.76
Repurchase of Common Equity	-60	-52	-57	-50	-7.50	-18	0.00	-	-	-	-
Issuance of Common Equity	2.39	2.06	1.66	1.18	1.01	0.86	0.87	0.74	0.28	0.44	0.45
Other Financing Activities, net	-13	-18	-9.65	-3.64	4.11	3.47	0.32	14	2.23	3.53	2.90
Effect of Exchange Rate Changes	-3.79	-0.14	-2.21	2.43	-2.35	0.60	0.59	-0.84	0.51	0.29	-1.35
Cash Interest Paid	4.73	4.87	4.99	5.09	5.16	5.21	5.47	5.32	4.82	3.99	0.83
Cash Income Taxes Paid	61	54	11	1.50	0.88	1.03	0.86	0.58	0.53	0.67	0.93

This table details how cash moves in and out of Axcelis Technologies' business through operations, investing, and financing, using quarterly figures. All values are USD millions unless otherwise specified.

Metric	Q1 2025	Q4 2024	Q3 2024	Q2 2024	Q1 2024	Q4 2023	Q3 2023	Q2 2023	Q1 2023	Q4 2022	Q3 2022
Period end date	3/31/2025	12/31/2024	9/30/2024	6/30/2024	3/31/2024	12/31/2023	9/30/2023	6/30/2023	3/31/2023	12/31/2022	9/30/2022
Net Change in Cash & Equivalents	60	4.35	-25	11	-33	25	9.79	-32	-15	-123	21
Net Cash From Operating Activities	40	13	46	40	42	66	24	33	35	122	64
Net Cash From Continuing Operating Activities	40	13	46	40	42	66	24	33	35	122	64
Net Income / (Loss) Continuing Operations	29	50	49	51	52	71	66	62	48	57	40
Consolidated Net Income / (Loss)	29	50	49	51	52	71	66	62	48	57	40
Depreciation Expense	4.31	4.27	3.91	3.86	3.78	3.58	3.23	3.16	3.10	2.99	2.89
Amortization Expense	-0.62	-2.27	-3.54	-3.32	-3.31	-3.61	-2.71	-2.91	-2.84	-	-
Non-Cash Adjustments To Reconcile Net Income	5.03	18	-4.48	12	12	1.68	9.02	11	5.61	11	4.79
Changes in Operating Assets and Liabilities, net	2.50	-57	1.29	-23	-22	-7.13	-51	-40	-19	51	16
Net Cash From Investing Activities	40	9.12	-57	-5.60	-56	-27	-0.94	-40	-33	-217	-37
Net Cash From Continuing Investing Activities	40	9.12	-57	-5.60	-56	-27	-0.94	-40	-33	-217	-37
Purchase of Property, Plant & Equipment	-4.96	-4.66	-3.90	-2.00	-1.62	-10	-5.30	-2.96	-2.24	-3.81	-3.52
Purchase of Investments	-252	-105	-185	-104	-145	-117	-83	-127	-62	-213	-34
Sale and/or Maturity of Investments	298	119	132	100	91	101	87	90	31	-	-
Net Cash From Financing Activities	-20	-15	-16	-23	-18	-15	-13	-23	-17	-12	-12
Net Cash From Continuing Financing Activities	-20	-15	-16	-23	-18	-15	-13	-23	-17	-12	-12
Repurchase of Common Equity	-18	-15	-15	-15	-15	-15	-12	-13	-12	-13	-12
Other Financing Activities, net	-1.93	-0.56	-0.63	-8.85	-3.06	-1.12	-0.67	-12	-4.17	-0.79	0.04
Effect of Exchange Rate Changes	0.29	-3.01	1.70	-0.66	-1.81	1.13	-0.12	-1.09	-0.06	-16	6.93

This table presents Axcelis Technologies' assets and liabilities at the end of each period, using annual balance sheet data. All values are USD millions unless otherwise specified.

Metric	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014
Period end date	12/31/2024	12/31/2023	12/31/2022	12/31/2021	12/31/2020	12/31/2019	12/31/2018	12/31/2017	12/31/2016	12/31/2015	12/31/2014
Total Assets	1,349	1,282	1,014	753	625	548	548	488	302	282	228
Total Current Assets	1,124	1,080	878	619	471	376	397	340	241	230	185
Cash & Equivalents	124	167	186	295	203	140	178	133	71	79	31
Short-Term Investments	448	339	247	0.00	-	-	-	-	-	-	-
Accounts Receivable	203	218	170	104	87	84	79	75	51	37	43
Inventories, net	282	306	242	195	161	140	129	121	114	109	104
Prepaid Expenses	60	49	33	25	19	12	11	9.77	5.51	4.79	6.70
Current Deferred & Refundable Income Taxes	6.42	0.00	-	-	-	-	-	-	-	-	-
Plant, Property, & Equipment, net	54	54	40	35	30	25	41	36	31	30	30
Total Noncurrent Assets	171	148	96	99	124	147	111	112	31	22	12
Noncurrent Note & Lease Receivables	15	17	18	19	21	22	-	-	-	-	-
Noncurrent Deferred & Refundable Income Taxes	68	53	32	35	58	68	72	83	1.06	-	-
Other Noncurrent Operating Assets	80	71	46	44	45	50	32	22	23	15	12
Other Noncurrent Nonoperating Assets	7.55	6.65	0.75	0.76	0.75	6.65	6.91	6.72	6.86	6.94	-
Total Liabilities & Shareholders' Equity	1,349	1,282	1,014	753	625	548	548	488	302	282	228
Total Liabilities	336	417	346	214	143	129	140	135	101	98	59
Total Current Liabilities	208	285	248	150	84	69	85	79	48	44	52
Accounts Payable	47	54	62	38	24	25	36	33	25	20	22
Accrued Expenses	13	14	8.30	6.42	4.28	2.76	4.82	4.11	2.43	3.36	1.35
Current Deferred Revenue	95	165	123	60	21	25	20	16	10	7.86	6.78
Current Deferred & Payable Income Tax Liabilities	0.00	6.16	4.30	0.89	0.65	0.29	0.46	0.27	0.24	0.14	0.20
Current Employee Benefit Liabilities	26	31	36	31	25	7.63	19	21	5.14	9.06	4.23
Other Current Liabilities	27	14	14	14	9.70	8.04	5.03	5.12	4.59	4.09	3.40
Total Noncurrent Liabilities	128	132	98	64	59	60	55	55	53	54	7.20
Capital Lease Obligations	42	44	45	-	47	48	-	-	-	-	-
Noncurrent Deferred Revenue	44	46	31	7.98	1.84	4.65	3.07	1.96	0.67	0.68	0.45
Other Noncurrent Operating Liabilities	43	42	22	56	9.36	7.20	52	53	52	53	6.76
Commitments & Contingencies	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Total Equity & Noncontrolling Interests	1,013	865	667	539	482	419	408	354	201	184	168
Total Preferred & Common Equity	1,013	865	667	539	482	419	408	354	201	184	168
Total Common Equity	1,013	865	667	539	482	419	408	354	201	184	168
Common Stock	549	547	550	560	570	560	565	556	535	529	519
Retained Earnings	470	320	119	-23	-92	-140	-157	-205	-332	-343	-351
Accumulated Other Comprehensive Income / (Loss)	-6.21	-1.85	-1.97	1.77	3.44	-0.26	0.45	2.18	-2.28	-1.43	1.28

This table presents Axcelis Technologies' assets and liabilities at the end of each period, using quarterly balance sheet data. All values are USD millions unless otherwise specified.

Metric	Q1 2025	Q3 2024	Q2 2024	Q1 2024	Q3 2023	Q2 2023	Q1 2023	Q3 2022
Period end date	3/31/2025	9/30/2024	6/30/2024	3/31/2024	9/30/2023	6/30/2023	3/31/2023	9/30/2022
Total Assets	1,341	1,338	1,288	1,307	1,202	1,122	1,080	906
Total Current Assets	1,114	1,122	1,078	1,105	1,015	950	934	775
Cash & Equivalents	184	120	145	134	142	133	164	309
Short-Term Investments	403	459	403	396	319	320	280	34
Accounts Receivable	165	184	188	209	192	159	190	174
Inventories, net	296	291	283	312	312	300	262	227
Prepaid Expenses	59	57	55	55	49	38	38	33
Current Deferred & Refundable Income Taxes	6.62	11	4.11	-	-	-	-	-
Plant, Property, & Equipment, net	57	54	52	53	47	43	41	39
Total Noncurrent Assets	170	162	158	148	139	128	104	92
Noncurrent Note & Lease Receivables	15	16	16	16	17	17	18	18
Noncurrent Deferred & Refundable Income Taxes	69	59	55	55	44	39	35	28
Other Noncurrent Operating Assets	78	80	80	71	72	65	45	45
Other Noncurrent Nonoperating Assets	7.55	6.65	6.65	6.65	6.65	6.65	6.65	0.75
Total Liabilities & Shareholders' Equity	1,341	1,338	1,288	1,307	1,202	1,122	1,080	906
Total Liabilities	313	363	353	405	401	378	378	291
Total Current Liabilities	200	252	244	277	261	248	268	208
Accounts Payable	39	54	46	40	60	61	60	54
Accrued Expenses	12	15	15	14	11	11	9.60	8.48
Current Deferred Revenue	110	139	148	165	148	139	157	101
Current Employee Benefit Liabilities	15	23	16	16	27	17	14	29
Other Current Liabilities	24	22	19	14	14	14	14	15
Total Noncurrent Liabilities	113	110	109	128	140	129	110	84
Capital Lease Obligations	42	43	43	43	44	44	-	46
Noncurrent Deferred Revenue	29	25	26	44	54	44	45	21
Other Noncurrent Operating Liabilities	42	42	41	41	42	41	65	17
Commitments & Contingencies	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Total Equity & Noncontrolling Interests	1,027	976	935	902	801	744	702	615
Total Preferred & Common Equity	1,027	976	935	902	801	744	702	615
Total Common Equity	1,027	976	935	902	801	744	702	615
Common Stock	547	545	543	547	544	540	548	550
Retained Earnings	486	432	397	358	262	207	156	71
Accumulated Other Comprehensive Income / (Loss)	-5.49	-2.22	-4.48	-3.57	-4.16	-2.93	-1.92	-5.77

This table displays calculated financial ratios and metrics derived from Axcelis Technologies' official financial filings.

Metric	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014
Period end date	12/31/2024	12/31/2023	12/31/2022	12/31/2021	12/31/2020	12/31/2019	12/31/2018	12/31/2017	12/31/2016	12/31/2015	12/31/2014
Growth Metrics	-	-	-	-	-	-	-	-	-	-	-
Revenue Growth	-9.97%	22.89%	38.88%	39.59%	38.37%	-22.51%	7.80%	-23.11%	77.10%	48.48%	3.79%
EBITDA Growth	-19.51%	22.63%	60.09%	93.28%	126.75%	-50.99%	18.82%	164.65%	-19.49%	650.23%	57.22%
EBIT Growth	-20.48%	29.06%	64.66%	107.18%	161.05%	-59.78%	19.17%	204.17%	-21.17%	320.34%	41.81%
NOPAT Growth	-21.69%	23.81%	81.94%	100.93%	163.41%	-60.81%	-63.71%	735.39%	-17.06%	368.00%	27.07%
Net Income Growth	-18.38%	34.51%	85.58%	97.37%	193.42%	-62.88%	-63.86%	1,054.07%	-25.05%	230.29%	34.29%
EPS Growth	-17.23%	36.08%	89.58%	97.26%	192.00%	-62.96%	-64.47%	955.56%	-26.53%	230.29%	34.29%
Operating Cash Flow Growth	-10.23%	-27.24%	43.56%	115.47%	612.75%	-128.95%	-16.56%	740.46%	-148.11%	213.85%	-6.67%
Free Cash Flow Firm Growth	-12.80%	-22.67%	-17.37%	285.54%	161.86%	-296.78%	-20.26%	635.41%	-112.64%	593.05%	-13.28%
Invested Capital Growth	20.33%	41.58%	14.90%	-25.09%	1.16%	43.68%	5.03%	71.83%	26.41%	-35.27%	5.15%
Revenue Q/Q Growth	-5.38%	4.07%	7.02%	14.42%	23.01%	-17.40%	20.79%	-42.77%	99.18%	2.70%	1.99%
EBITDA Q/Q Growth	-11.36%	6.40%	9.02%	29.54%	3.85%	12.13%	-0.14%	12.44%	16.85%	7.72%	-0.11%
EBIT Q/Q Growth	-12.26%	7.73%	9.48%	32.61%	3.98%	12.78%	-0.69%	13.42%	24.27%	9.09%	-0.29%
NOPAT Q/Q Growth	-8.80%	7.08%	6.56%	27.08%	9.06%	2.65%	-64.08%	211.46%	26.54%	11.14%	-6.08%
Net Income Q/Q Growth	-9.50%	6.06%	13.13%	27.17%	11.02%	7.91%	-64.46%	223.51%	39.93%	4.72%	-4.15%
EPS Q/Q Growth	-9.02%	6.29%	13.99%	27.43%	10.61%	6.38%	-26.63%	-61.38%	33.33%	4.72%	-4.15%
Operating Cash Flow Q/Q Growth	-27.27%	-26.59%	64.17%	41.53%	11.67%	-146.24%	41.54%	26.35%	-22.58%	80.31%	10.59%
Free Cash Flow Firm Q/Q Growth	-29.54%	-25.60%	4.39%	103.93%	2,223.28%	-619.15%	22.85%	37.08%	-123.60%	24.37%	22.53%
Invested Capital Q/Q Growth	10.18%	4.87%	-11.97%	-15.09%	9.89%	30.68%	-7.47%	59.09%	-1.31%	-9.47%	1.43%
Profitability Metrics	-	-	-	-	-	-	-	-	-	-	-
Gross Margin	44.67%	43.45%	43.67%	43.24%	41.85%	42.03%	40.59%	36.60%	37.31%	33.73%	34.55%
EBITDA Margin	21.09%	23.59%	23.64%	20.51%	14.81%	9.04%	14.29%	12.97%	3.77%	8.29%	-2.24%
Operating Margin	20.71%	23.51%	23.08%	19.22%	12.23%	7.06%	13.55%	11.65%	3.11%	6.87%	-5.25%
EBIT Margin	20.76%	23.50%	22.38%	18.88%	12.72%	6.74%	12.99%	11.75%	2.97%	6.67%	-4.50%
Profit (Net Income) Margin	19.75%	21.78%	19.90%	14.89%	10.53%	4.97%	10.37%	30.92%	2.06%	4.87%	-5.55%
Tax Burden Percent	87.28%	88.39%	89.36%	81.92%	89.44%	81.42%	83.88%	289.66%	99.79%	96.53%	110.81%
Interest Burden Percent	108.96%	104.84%	99.50%	96.30%	92.59%	90.49%	95.16%	90.86%	69.51%	75.58%	111.36%
Effective Tax Rate	12.72%	11.61%	10.64%	18.08%	10.56%	18.58%	16.12%	-189.66%	0.21%	3.47%	0.00%
Return on Invested Capital (ROIC)	42.20%	69.58%	72.59%	36.72%	16.08%	7.24%	23.06%	82.36%	14.96%	16.05%	-5.06%
ROIC Less NNEP Spread (ROIC-NNEP)	38.82%	66.94%	74.55%	39.22%	17.59%	9.13%	25.77%	92.99%	21.80%	26.40%	10.42%
Return on Net Nonoperating Assets (RNNOA)	-20.79%	-37.44%	-42.24%	-17.39%	-4.98%	-3.12%	-11.02%	-36.61%	-9.25%	-7.71%	-1.49%
Return on Equity (ROE)	21.41%	32.15%	30.36%	19.33%	11.09%	4.12%	12.04%	45.75%	5.71%	8.34%	-6.54%
Cash Return on Invested Capital (CROIC)	23.74%	35.16%	58.73%	65.41%	14.92%	-28.61%	18.15%	29.51%	-8.36%	58.87%	-10.08%
Operating Return on Assets (OROA)	16.07%	23.15%	23.31%	18.15%	10.29%	4.22%	11.09%	12.21%	5.43%	7.90%	-3.96%
Return on Assets (ROA)	15.28%	21.46%	20.72%	14.32%	8.52%	3.11%	8.85%	32.12%	3.77%	5.76%	-4.89%
Return on Common Equity (ROCE)	21.41%	32.15%	30.36%	19.33%	11.09%	4.12%	12.04%	45.75%	5.71%	8.34%	-6.54%
Return on Equity Simple (ROE_SIMPLE)	19.85%	28.47%	27.44%	18.30%	10.38%	4.06%	11.24%	35.90%	5.46%	7.99%	-6.69%
Net Operating Profit after Tax (NOPAT)	184	235	190	104	52	20	50	139	17	20	-7.46
NOPAT Margin	18.08%	20.78%	20.63%	15.75%	10.94%	5.75%	11.36%	33.75%	3.11%	6.63%	-3.68%
Net Nonoperating Expense Percent (NNEP)	3.38%	2.64%	-1.96%	-2.50%	-1.51%	-1.89%	-2.71%	-10.63%	-6.84%	-10.35%	-15.47%
Return On Investment Capital (ROIC_SIMPLE)	17.44%	25.86%	26.64%	-	-	-	-	-	-	-	-
Cost of Revenue to Revenue	55.33%	56.55%	56.33%	56.76%	58.15%	57.97%	59.41%	63.40%	62.69%	66.27%	65.45%
SG&A Expenses to Revenue	6.91%	5.82%	6.25%	6.97%	8.42%	9.25%	7.50%	7.50%	4.58%	8.31%	11.80%
R&D to Revenue	10.36%	8.57%	8.52%	9.88%	13.03%	15.73%	11.72%	10.49%	6.44%	10.81%	16.51%
Operating Expenses to Revenue	23.96%	19.95%	20.59%	24.02%	29.62%	34.97%	27.04%	24.94%	-3.11%	26.86%	39.81%
Earnings before Interest and Taxes (EBIT)	211	266	206	125	60	23	57	48	16	20	-9.13
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	215	267	218	136	70	31	63	53	20	25	-4.54
Valuation Ratios	-	-	-	-	-	-	-	-	-	-	-
Price to Book Value (P/BV)	2.24	4.91	3.91	4.61	2.03	1.86	1.41	2.55	2.12	1.63	1.70
Price to Tangible Book Value (P/TBV)	2.24	4.91	3.91	4.61	2.03	1.86	1.41	2.55	2.12	1.63	1.70
Price to Revenue (P/Rev)	2.23	3.76	2.83	3.75	2.06	2.28	1.30	2.20	0.80	0.99	1.41
Price to Earnings (P/E)	11.30	17.25	14.24	25.18	19.52	45.86	12.57	7.10	2.03	20.42	0.00
Dividend Yield	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Earnings Yield	8.85%	5.80%	7.02%	3.97%	5.12%	2.18%	7.95%	14.08%	49.19%	4.90%	0.00%
Enterprise Value to Invested Capital (EV/IC)	3.66	9.56	7.94	9.00	2.52	2.15	1.79	3.61	2.88	2.25	1.78
Enterprise Value to Revenue (EV/Rev)	1.71	3.35	2.41	3.30	1.73	2.01	0.90	1.87	0.67	0.73	1.33
Enterprise Value to EBITDA (EV/EBITDA)	8.11	14.19	10.21	16.11	11.65	22.24	6.31	14.41	17.72	8.84	0.00
Enterprise Value to EBIT (EV/EBIT)	8.24	14.24	10.78	17.50	13.57	29.82	6.94	15.91	22.48	10.98	0.00
Enterprise Value to NOPAT (EV/NOPAT)	9.47	16.11	11.70	20.99	15.78	34.99	7.93	5.54	21.49	11.04	0.00
Enterprise Value to Operating Cash Flow (EV/OCF)	12.37	24.13	10.30	14.57	11.75	0.00	8.49	13.63	0.00	12.09	0.00
Enterprise Value to Free Cash Flow (EV/FCFF)	16.83	31.88	14.46	11.78	17.00	0.00	10.08	15.46	0.00	3.01	0.00
Leverage & Solvency	-	-	-	-	-	-	-	-	-	-	-
Debt to Equity	0.04	0.05	0.07	0.00	0.10	0.11	0.00	0.00	0.00	0.00	0.09
Long-Term Debt to Equity	0.04	0.05	0.07	0.00	0.10	0.11	0.00	0.00	0.00	0.00	0.00
Financial Leverage	-0.54	-0.56	-0.57	-0.44	-0.28	-0.34	-0.43	-0.39	-0.42	-0.29	-0.14
Leverage Ratio	1.40	1.50	1.46	1.35	1.30	1.32	1.36	1.42	1.52	1.45	1.34
Compound Leverage Factor	1.53	1.57	1.46	1.30	1.21	1.20	1.29	1.29	1.05	1.09	1.49
Debt to Total Capital	4.01%	4.81%	6.34%	0.00%	8.96%	10.30%	0.00%	0.00%	0.00%	0.00%	7.95%
Short-Term Debt to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	7.95%
Long-Term Debt to Total Capital	4.01%	4.81%	6.34%	0.00%	8.96%	10.30%	0.00%	0.00%	0.00%	0.00%	0.00%
Preferred Equity to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Noncontrolling Interests to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Common Equity to Total Capital	95.99%	95.19%	93.66%	100.00%	91.04%	89.70%	100.00%	100.00%	100.00%	100.00%	92.06%
Debt to EBITDA	0.20	0.16	0.21	0.00	0.67	1.55	0.00	0.00	0.00	0.00	-3.20
Net Debt to EBITDA	-2.46	-1.73	-1.78	0.00	-2.22	-2.96	0.00	0.00	0.00	0.00	3.75
Long-Term Debt to EBITDA	0.20	0.16	0.21	0.00	0.67	1.55	0.00	0.00	0.00	0.00	0.00
Debt to NOPAT	0.23	0.19	0.24	0.00	0.91	2.44	0.00	0.00	0.00	0.00	-1.95
Net Debt to NOPAT	-2.88	-1.97	-2.04	0.00	-3.01	-4.65	0.00	0.00	0.00	0.00	2.28
Long-Term Debt to NOPAT	0.23	0.19	0.24	0.00	0.91	2.44	0.00	0.00	0.00	0.00	0.00
Altman Z-Score	6.63	8.77	7.00	9.09	5.71	4.72	3.90	5.24	3.71	2.23	2.20
Noncontrolling Interest Sharing Ratio	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Liquidity Ratios	-	-	-	-	-	-	-	-	-	-	-
Current Ratio	5.41	3.79	3.54	4.12	5.58	5.47	4.67	4.29	5.04	5.18	3.55
Quick Ratio	3.73	2.54	2.43	2.66	3.44	3.26	3.02	2.63	2.54	2.61	1.41
Cash Flow Metrics	-	-	-	-	-	-	-	-	-	-	-
Free Cash Flow to Firm (FCFF)	104	119	154	186	48	-78	40	50	-9.27	73	-15
Operating Cash Flow to CapEx	1,156.05%	759.44%	2,018.23%	1,722.76%	959.30%	-113.58%	996.08%	772.60%	-393.02%	998.20%	-1,790.74%
Free Cash Flow to Firm to Interest Expense	18.95	22.20	27.53	38.42	9.25	-15.11	7.75	9.69	-1.83	14.74	-13.92
Operating Cash Flow to Interest Expense	25.78	29.34	38.67	31.06	13.38	-2.64	9.19	10.99	-1.73	3.67	-15.01
Operating Cash Flow Less CapEx to Interest Expense	23.55	25.47	36.75	29.26	11.98	-4.96	8.27	9.57	-2.17	3.30	-15.85
Efficiency Ratios	-	-	-	-	-	-	-	-	-	-	-
Asset Turnover	0.77	0.99	1.04	0.96	0.81	0.63	0.85	1.04	1.83	1.18	0.88
Accounts Receivable Turnover	4.83	5.83	6.71	6.93	5.56	4.22	5.75	6.52	12.21	7.57	5.12
Inventory Turnover	1.91	2.33	2.37	2.11	1.83	1.48	2.11	2.22	3.00	1.87	1.33
Fixed Asset Turnover	18.89	24.15	24.65	20.44	17.20	10.32	11.45	12.25	17.54	9.97	6.50
Accounts Payable Turnover	11.12	10.95	10.33	12.12	11.18	6.49	7.67	9.03	14.93	9.64	6.47
Days Sales Outstanding (DSO)	75.50	62.59	54.39	52.70	65.61	86.46	63.52	55.95	29.89	48.22	71.35
Days Inventory Outstanding (DIO)	190.76	156.69	154.04	172.83	199.34	247.27	173.20	164.33	121.71	195.00	274.47
Days Payable Outstanding (DPO)	32.83	33.33	35.35	30.11	32.64	56.27	47.61	40.41	24.45	37.87	56.38
Cash Conversion Cycle (CCC)	233.43	185.95	173.08	195.41	232.32	277.46	189.11	179.87	127.15	205.35	289.43
Capital & Investment Metrics	-	-	-	-	-	-	-	-	-	-	-
Invested Capital	476	396	280	243	325	321	223	213	124	98	151
Invested Capital Turnover	2.33	3.35	3.52	2.33	1.47	1.26	2.03	2.44	4.82	2.42	1.38
Increase / (Decrease) in Invested Capital	80	116	36	-81	3.72	98	11	89	26	-53	7.42
Enterprise Value (EV)	1,742	3,785	2,220	2,189	819	689	399	767	357	221	270
Market Capitalization	2,271	4,247	2,607	2,484	975	781	577	902	427	300	287
Book Value per Share	$31.16	$26.41	$20.31	$16.18	$14.38	$12.94	$12.60	$11.26	$6.86	$1.59	$1.50
Tangible Book Value per Share	$31.16	$26.41	$20.31	$16.18	$14.38	$12.94	$12.60	$11.26	$6.86	$1.59	$1.50
Total Capital	1,055	909	712	539	529	468	408	354	201	184	183
Total Debt	42	44	45	0.00	47	48	0.00	0.00	0.00	0.00	15
Total Long-Term Debt	42	44	45	0.00	47	48	0.00	0.00	0.00	0.00	0.00
Net Debt	-529	-462	-387	-295	-156	-92	-178	-134	-71	-79	-17
Capital Expenditures (CapEx)	12	21	11	8.72	7.27	12	4.72	7.29	2.24	1.83	0.90
Debt-free, Cash-free Net Working Capital (DFCFNWC)	345	289	197	174	183	167	134	126	122	107	116
Debt-free Net Working Capital (DFNWC)	916	795	630	469	386	307	312	260	193	186	148
Net Working Capital (NWC)	916	795	630	469	386	307	312	260	193	186	133
Net Nonoperating Expense (NNE)	-17	-11	6.68	5.65	1.93	2.67	4.41	12	5.59	5.32	3.80
Net Nonoperating Obligations (NNO)	-537	-469	-388	-296	-157	-98	-185	-141	-78	-86	-17
Total Depreciation and Amortization (D&A)	3.37	0.99	12	11	9.94	7.88	5.77	5.00	4.26	4.87	4.59
Debt-free, Cash-free Net Working Capital to Revenue	33.87%	25.54%	21.45%	26.29%	38.54%	48.73%	30.23%	30.77%	22.89%	35.39%	57.12%
Debt-free Net Working Capital to Revenue	90.00%	70.30%	68.43%	70.82%	81.41%	89.52%	70.45%	63.45%	36.14%	61.56%	72.67%
Net Working Capital to Revenue	90.00%	70.30%	68.43%	70.82%	81.41%	89.52%	70.45%	63.45%	36.14%	61.56%	65.52%
Earnings Adjustments	-	-	-	-	-	-	-	-	-	-	-
Adjusted Basic Earnings per Share	$6.17	$0.00	$5.54	$2.94	$1.50	$0.52	$1.42	$4.11	$0.38	$2.08	($1.60)
Adjusted Weighted Average Basic Shares Outstanding	32.55M	0.00	33.04M	33.56M	33.26M	32.56M	32.29M	30.87M	29.20M	7.15M	6.97M
Adjusted Diluted Earnings per Share	$6.15	$0.00	$5.46	$2.88	$1.46	$0.50	$1.35	$3.80	$0.36	$1.92	($1.60)
Adjusted Weighted Average Diluted Shares Outstanding	32.70M	0.00	33.54M	34.27M	34.13M	33.83M	34.00M	33.44M	30.95M	7.56M	6.97M
Adjusted Basic & Diluted Earnings per Share	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding	32.15M	0.00	32.71M	33.25M	33.73M	33.09M	32.74M	32.13M	29.92M	7.26M	7.09M
Normalized Net Operating Profit after Tax (NOPAT)	184	235	190	104	52	20	50	33	17	20	-5.63
Normalized NOPAT Margin	18.08%	20.78%	20.63%	15.75%	10.94%	5.75%	11.36%	8.16%	3.16%	6.64%	-2.77%
Pre Tax Income Margin	22.62%	24.64%	22.27%	18.18%	11.78%	6.10%	12.36%	10.68%	2.06%	5.04%	-5.01%
Debt Service Ratios	-	-	-	-	-	-	-	-	-	-	-
EBIT to Interest Expense	38.69	49.70	36.93	25.86	11.58	4.49	11.25	9.42	3.13	4.04	-8.54
NOPAT to Interest Expense	33.69	43.94	34.03	21.57	9.96	3.82	9.84	27.06	3.27	4.02	-6.98
EBIT Less CapEx to Interest Expense	36.46	45.84	35.01	24.06	10.19	2.16	10.33	8.00	2.69	3.68	-9.38
NOPAT Less CapEx to Interest Expense	31.46	40.08	32.12	19.77	8.57	1.50	8.92	25.64	2.83	3.65	-7.82
Payout Ratios	-	-	-	-	-	-	-	-	-	-	-
Dividend Payout Ratio	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Augmented Payout Ratio	30.10%	21.32%	31.40%	50.68%	15.01%	104.17%	0.00%	0.00%	0.00%	0.00%	0.00%

This table displays calculated financial ratios and metrics derived from Axcelis Technologies' official financial filings.

Metric	Q1 2025	Q4 2024	Q3 2024	Q2 2024	Q1 2024	Q4 2023	Q3 2023	Q2 2023	Q1 2023	Q4 2022	Q3 2022
Period end date	3/31/2025	12/31/2024	9/30/2024	6/30/2024	3/31/2024	12/31/2023	9/30/2023	6/30/2023	3/31/2023	12/31/2022	9/30/2022
Growth Metrics	-	-	-	-	-	-	-	-	-	-	-
Revenue Growth	-23.70%	-18.65%	-12.23%	-6.37%	-0.65%	16.63%	27.56%	23.87%	24.77%	29.35%	29.70%
EBITDA Growth	-41.15%	-33.01%	-28.81%	-14.23%	9.33%	23.85%	47.42%	19.11%	0.85%	36.54%	26.34%
EBIT Growth	-47.38%	-35.44%	-28.80%	-14.77%	8.96%	29.67%	55.69%	25.59%	6.37%	38.40%	27.66%
NOPAT Growth	-49.06%	-27.72%	-35.83%	-22.74%	6.78%	32.27%	34.72%	22.30%	4.36%	32.06%	62.68%
Net Income Growth	-44.61%	-29.70%	-26.32%	-17.40%	8.17%	24.68%	63.67%	39.35%	14.62%	59.43%	46.40%
EPS Growth	-43.95%	-28.37%	-25.13%	-16.67%	9.79%	25.73%	64.46%	40.91%	17.21%	64.42%	49.38%
Operating Cash Flow Growth	-5.75%	-80.51%	90.46%	22.47%	22.18%	-46.42%	-62.47%	847.71%	34.11%	221.14%	-3.26%
Free Cash Flow Firm Growth	61.99%	34.54%	-418.82%	-161.52%	-204.81%	-521.08%	-74.19%	202.00%	61.03%	-89.57%	-56.64%
Invested Capital Growth	16.25%	20.33%	14.53%	28.58%	62.99%	41.58%	18.85%	-4.60%	-18.55%	14.90%	10.82%
Revenue Q/Q Growth	-23.71%	-1.62%	0.02%	1.64%	-18.67%	6.14%	6.70%	7.85%	-4.52%	16.09%	3.62%
EBITDA Q/Q Growth	-41.70%	10.52%	-4.89%	-3.98%	-33.63%	17.45%	14.60%	22.39%	-24.81%	39.80%	-7.41%
EBIT Q/Q Growth	-46.39%	7.33%	-4.60%	-4.15%	-34.22%	18.36%	14.21%	22.53%	-21.72%	42.11%	-7.87%
NOPAT Q/Q Growth	-45.77%	12.85%	-12.25%	-5.13%	-23.06%	0.18%	5.65%	31.12%	-4.70%	2.04%	-4.08%
Net Income Q/Q Growth	-42.79%	2.84%	-4.50%	-1.41%	-27.39%	7.77%	7.07%	29.10%	-16.31%	41.48%	-8.84%
EPS Q/Q Growth	-42.86%	3.36%	-3.87%	-1.27%	-26.98%	8.04%	6.99%	30.07%	-16.37%	41.32%	-8.33%
Operating Cash Flow Q/Q Growth	211.39%	-72.06%	14.18%	-5.11%	-35.61%	173.00%	-26.58%	-5.34%	-71.76%	91.22%	1,754.03%
Free Cash Flow Firm Q/Q Growth	-21.02%	-148.97%	70.99%	56.51%	-108.43%	-1,312.59%	-94.40%	-25.91%	737.32%	-25.67%	-34.51%
Invested Capital Q/Q Growth	-0.34%	10.18%	2.18%	3.62%	3.15%	4.87%	14.71%	31.34%	-10.39%	-11.97%	-7.92%
Profitability Metrics	-	-	-	-	-	-	-	-	-	-	-
Gross Margin	46.10%	46.04%	42.86%	43.82%	45.98%	44.44%	44.36%	43.69%	40.95%	41.17%	45.08%
EBITDA Margin	16.90%	22.11%	19.68%	20.70%	21.91%	26.85%	24.27%	22.59%	19.91%	25.29%	21.00%
Operating Margin	15.14%	21.60%	18.29%	20.59%	22.40%	25.48%	24.52%	23.25%	20.22%	21.08%	23.21%
EBIT Margin	14.98%	21.32%	19.54%	20.49%	21.73%	26.86%	24.09%	22.51%	19.81%	24.16%	19.74%
Profit (Net Income) Margin	14.84%	19.79%	18.93%	19.83%	20.44%	22.90%	22.55%	22.48%	18.78%	21.42%	17.58%
Tax Burden Percent	86.38%	85.18%	87.74%	88.83%	87.45%	81.29%	89.49%	95.30%	90.16%	86.62%	89.50%
Interest Burden Percent	114.68%	108.98%	110.43%	108.97%	107.61%	104.87%	104.62%	104.80%	105.13%	102.36%	99.51%
Effective Tax Rate	13.62%	14.82%	12.26%	11.17%	12.55%	18.71%	10.51%	4.70%	9.84%	13.38%	10.50%
Return on Invested Capital (ROIC)	28.39%	42.96%	42.63%	54.06%	67.16%	69.35%	68.61%	67.30%	63.41%	64.27%	59.14%
ROIC Less NNEP Spread (ROIC-NNEP)	27.74%	42.27%	41.10%	53.21%	66.70%	67.77%	68.11%	67.04%	63.01%	61.81%	61.94%
Return on Net Nonoperating Assets (RNNOA)	-15.05%	-22.64%	-22.37%	-29.38%	-39.30%	-37.90%	-34.68%	-33.10%	-35.13%	-35.02%	-28.73%
Return on Equity (ROE)	13.34%	20.32%	20.26%	24.68%	27.85%	31.45%	33.93%	34.20%	28.27%	29.25%	30.41%
Cash Return on Invested Capital (CROIC)	21.15%	23.74%	36.30%	34.72%	24.40%	35.16%	45.92%	64.95%	89.17%	58.73%	48.69%
Operating Return on Assets (OROA)	10.84%	16.50%	16.55%	18.90%	20.56%	26.46%	24.83%	23.82%	20.65%	25.16%	20.98%
Return on Assets (ROA)	10.74%	15.31%	16.04%	18.29%	19.34%	22.56%	23.25%	23.79%	19.57%	22.31%	18.69%
Return on Common Equity (ROCE)	13.34%	20.32%	20.26%	24.68%	27.85%	31.45%	33.93%	34.20%	28.27%	29.25%	30.41%
Return on Equity Simple (ROE_SIMPLE)	17.33%	0.00%	22.76%	25.61%	27.74%	0.00%	28.99%	27.76%	26.95%	0.00%	26.32%
Net Operating Profit after Tax (NOPAT)	25	46	41	47	49	64	64	61	46	49	48
NOPAT Margin	13.08%	18.40%	16.04%	18.29%	19.59%	20.71%	21.94%	22.16%	18.23%	18.26%	20.78%
Net Nonoperating Expense Percent (NNEP)	0.65%	0.70%	1.53%	0.85%	0.46%	1.59%	0.50%	0.26%	0.40%	2.46%	-2.81%
Return On Investment Capital (ROIC_SIMPLE)	2.36%	4.40%	-	-	-	7.07%	-	-	-	6.82%	-
Cost of Revenue to Revenue	53.90%	53.96%	57.14%	56.18%	54.02%	55.56%	55.64%	56.31%	59.05%	58.83%	54.92%
SG&A Expenses to Revenue	9.01%	6.92%	7.74%	6.46%	6.50%	5.57%	5.97%	5.96%	5.80%	6.13%	6.54%
R&D to Revenue	14.09%	10.96%	10.29%	10.05%	10.17%	8.03%	8.24%	8.81%	9.36%	8.30%	8.97%
Operating Expenses to Revenue	30.96%	24.44%	24.58%	23.23%	23.58%	18.96%	19.84%	20.44%	20.73%	20.08%	21.87%
Earnings before Interest and Taxes (EBIT)	29	54	50	53	55	83	70	62	50	64	45
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	33	56	51	53	55	83	71	62	51	67	48
Valuation Ratios	-	-	-	-	-	-	-	-	-	-	-
Price to Book Value (P/BV)	1.55	2.24	3.51	4.95	0.00	4.91	6.68	8.06	6.21	3.91	3.25
Price to Tangible Book Value (P/TBV)	1.55	2.24	3.51	4.95	0.00	4.91	6.68	8.06	6.21	3.91	3.25
Price to Revenue (P/Rev)	1.67	2.23	3.18	4.16	0.00	3.76	4.93	5.86	4.49	2.83	2.33
Price to Earnings (P/E)	8.97	11.30	15.40	19.32	0.00	17.25	23.04	29.03	23.04	14.24	12.36
Dividend Yield	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Earnings Yield	11.14%	8.85%	6.49%	5.18%	0.00%	5.80%	4.34%	3.44%	4.34%	7.02%	8.09%
Enterprise Value to Invested Capital (EV/IC)	2.22	3.66	6.67	9.74	0.00	9.56	13.07	16.99	15.63	7.94	5.37
Enterprise Value to Revenue (EV/Rev)	1.10	1.71	2.68	3.71	0.00	3.35	4.54	5.46	4.03	2.41	1.98
Enterprise Value to EBITDA (EV/EBITDA)	5.48	8.11	11.90	15.69	0.00	14.19	19.68	24.52	17.96	10.21	8.54
Enterprise Value to EBIT (EV/EBIT)	5.68	8.24	11.97	15.78	0.00	14.24	20.00	25.23	18.74	10.78	9.06
Enterprise Value to NOPAT (EV/NOPAT)	6.59	9.47	14.29	18.35	0.00	16.11	22.49	27.53	20.42	11.70	9.57
Enterprise Value to Operating Cash Flow (EV/OCF)	7.60	12.37	14.89	23.97	0.00	24.13	23.09	22.03	17.44	10.30	12.97
Enterprise Value to Free Cash Flow (EV/FCFF)	11.27	16.83	19.62	31.57	0.00	31.88	30.92	25.54	15.73	14.46	11.59
Leverage & Solvency	-	-	-	-	-	-	-	-	-	-	-
Debt to Equity	0.04	0.04	0.04	0.05	0.05	0.05	0.06	0.06	0.00	0.07	0.07
Long-Term Debt to Equity	0.04	0.04	0.04	0.05	0.05	0.05	0.06	0.06	0.00	0.07	0.07
Financial Leverage	-0.54	-0.54	-0.54	-0.55	-0.59	-0.56	-0.51	-0.49	-0.56	-0.57	-0.46
Leverage Ratio	1.37	1.40	1.43	1.44	1.49	1.50	1.49	1.45	1.48	1.46	1.44
Compound Leverage Factor	1.57	1.53	1.58	1.56	1.60	1.57	1.56	1.52	1.55	1.50	1.43
Debt to Total Capital	3.92%	4.01%	4.19%	4.40%	4.58%	4.81%	5.22%	5.64%	0.00%	6.34%	6.89%
Short-Term Debt to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Long-Term Debt to Total Capital	3.92%	4.01%	4.19%	4.40%	4.58%	4.81%	5.22%	5.64%	0.00%	6.34%	6.89%
Preferred Equity to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Noncontrolling Interests to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Common Equity to Total Capital	96.08%	95.99%	95.81%	95.60%	95.42%	95.19%	94.78%	94.36%	100.00%	93.66%	93.11%
Debt to EBITDA	0.22	0.20	0.18	0.16	0.16	0.16	0.18	0.20	0.00	0.21	0.23
Net Debt to EBITDA	-2.84	-2.46	-2.22	-1.92	-1.79	-1.73	-1.66	-1.79	0.00	-1.78	-1.49
Long-Term Debt to EBITDA	0.22	0.20	0.18	0.16	0.16	0.16	0.18	0.20	0.00	0.21	0.23
Debt to NOPAT	0.26	0.23	0.21	0.19	0.18	0.19	0.20	0.22	0.00	0.24	0.26
Net Debt to NOPAT	-3.41	-2.88	-2.66	-2.25	-2.04	-1.97	-1.90	-2.01	0.00	-2.04	-1.67
Long-Term Debt to NOPAT	0.26	0.23	0.21	0.19	0.18	0.19	0.20	0.22	0.00	0.24	0.26
Altman Z-Score	5.17	6.25	7.82	10.06	0.00	8.30	10.17	11.63	8.91	6.54	6.09
Noncontrolling Interest Sharing Ratio	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Liquidity Ratios	-	-	-	-	-	-	-	-	-	-	-
Current Ratio	5.56	5.41	4.45	4.42	4.00	3.79	3.89	3.82	3.49	3.54	3.73
Quick Ratio	3.75	3.73	3.02	3.02	2.67	2.54	2.50	2.46	2.37	2.43	2.48
Cash Flow Metrics	-	-	-	-	-	-	-	-	-	-	-
Free Cash Flow to Firm (FCFF)	-41	-34	-14	-47	-108	-52	4.29	77	103	12	17
Operating Cash Flow to CapEx	802.32%	274.37%	1,173.33%	1,999.35%	2,606.36%	645.87%	453.12%	1,104.49%	1,542.81%	3,214.71%	1,818.21%
Free Cash Flow to Firm to Interest Expense	-30.12	-23.56	-10.25	-35.18	-80.47	-39.37	3.23	56.76	76.38	8.37	12.46
Operating Cash Flow to Interest Expense	29.11	8.85	34.32	29.92	31.37	49.68	18.13	24.25	25.54	82.97	48.01
Operating Cash Flow Less CapEx to Interest Expense	25.48	5.62	31.39	28.43	30.17	41.99	14.13	22.06	23.89	80.39	45.37
Efficiency Ratios	-	-	-	-	-	-	-	-	-	-	-
Asset Turnover	0.72	0.77	0.85	0.92	0.95	0.99	1.03	1.06	1.04	1.04	1.06
Accounts Receivable Turnover	5.13	4.83	5.72	6.40	5.67	5.83	5.93	6.70	6.29	6.71	6.82
Inventory Turnover	1.75	1.91	1.99	2.11	2.18	2.33	2.31	2.29	2.38	2.37	2.26
Fixed Asset Turnover	17.41	18.89	21.17	23.26	24.02	24.15	25.28	25.99	25.38	24.65	23.98
Accounts Payable Turnover	13.46	11.12	10.51	11.58	12.47	10.95	10.93	10.67	9.97	10.33	10.68
Days Sales Outstanding (DSO)	71.15	75.50	63.77	57.02	64.36	62.59	61.52	54.46	58.03	54.39	53.53
Days Inventory Outstanding (DIO)	209.10	190.76	183.65	172.85	167.51	156.69	157.70	159.56	153.37	154.04	161.66
Days Payable Outstanding (DPO)	27.11	32.83	34.74	31.52	29.27	33.33	33.40	34.19	36.62	35.35	34.19
Cash Conversion Cycle (CCC)	253.13	233.43	212.67	198.36	202.60	185.95	185.83	179.82	174.79	173.08	181.01
Capital & Investment Metrics	-	-	-	-	-	-	-	-	-	-	-
Invested Capital	475	476	432	423	408	396	377	329	250	280	318
Invested Capital Turnover	2.17	2.33	2.66	2.96	3.43	3.35	3.13	3.04	3.48	3.52	2.85
Increase / (Decrease) in Invested Capital	66	80	55	94	158	116	60	-16	-57	36	31
Enterprise Value (EV)	1,052	1,742	2,883	4,120	0.00	3,785	4,934	5,589	3,914	2,220	1,704
Market Capitalization	1,597	2,271	3,420	4,626	0.00	4,247	5,351	5,997	4,359	2,607	2,001
Book Value per Share	$31.95	$31.16	$29.91	$28.74	$27.63	$26.41	$24.41	$22.75	$21.45	$20.31	$18.61
Tangible Book Value per Share	$31.95	$31.16	$29.91	$28.74	$27.63	$26.41	$24.41	$22.75	$21.45	$20.31	$18.61
Total Capital	1,069	1,055	1,018	978	945	909	845	788	702	712	660
Total Debt	42	42	43	43	43	44	44	44	0.00	45	46
Total Long-Term Debt	42	42	43	43	43	44	44	44	0.00	45	46
Net Debt	-545	-529	-537	-505	-487	-462	-417	-408	-445	-387	-297
Capital Expenditures (CapEx)	4.96	4.66	3.90	2.00	1.62	10	5.30	2.96	2.24	3.81	3.52
Debt-free, Cash-free Net Working Capital (DFCFNWC)	327	345	290	286	299	289	293	249	222	197	225
Debt-free Net Working Capital (DFNWC)	914	916	870	834	829	795	754	702	667	630	567
Net Working Capital (NWC)	914	916	870	834	829	795	754	702	667	630	567
Net Nonoperating Expense (NNE)	-3.39	-3.50	-7.42	-3.96	-2.15	-6.79	-1.79	-0.87	-1.39	-8.41	7.33
Net Nonoperating Obligations (NNO)	-553	-537	-543	-512	-494	-469	-424	-415	-451	-388	-297
Total Depreciation and Amortization (D&A)	3.69	2.00	0.36	0.54	0.47	-0.03	0.52	0.25	0.26	2.99	2.89
Debt-free, Cash-free Net Working Capital to Revenue	34.08%	33.87%	27.00%	25.72%	26.46%	25.54%	26.96%	24.32%	22.86%	21.45%	26.19%
Debt-free Net Working Capital to Revenue	95.36%	90.00%	80.86%	75.05%	73.42%	70.30%	69.39%	68.58%	68.68%	68.43%	65.99%
Net Working Capital to Revenue	95.36%	90.00%	80.86%	75.05%	73.42%	70.30%	69.39%	68.58%	68.68%	68.43%	65.99%
Earnings Adjustments	-	-	-	-	-	-	-	-	-	-	-
Adjusted Basic Earnings per Share	$0.89	$1.54	$1.49	$1.56	$1.58	$2.17	$2.01	$1.88	$1.46	$1.73	$1.22
Adjusted Weighted Average Basic Shares Outstanding	32.26M	32.55M	32.55M	32.60M	32.64M	32.76M	32.81M	32.78M	32.74M	33.04M	33.01M
Adjusted Diluted Earnings per Share	$0.88	$1.54	$1.49	$1.55	$1.57	$2.15	$1.99	$1.86	$1.43	$1.71	$1.21
Adjusted Weighted Average Diluted Shares Outstanding	32.34M	32.70M	32.68M	32.77M	32.93M	33.17M	33.16M	33.19M	33.29M	33.54M	33.39M
Adjusted Basic & Diluted Earnings per Share	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding	32.13M	32.15M	32.51M	32.62M	32.53M	32.63M	32.75M	32.82M	32.71M	32.71M	32.85M
Normalized Net Operating Profit after Tax (NOPAT)	25	46	41	47	49	64	64	61	46	49	48
Normalized NOPAT Margin	13.08%	18.40%	16.04%	18.29%	19.59%	20.71%	21.94%	22.16%	18.23%	18.26%	20.78%
Pre Tax Income Margin	17.18%	23.23%	21.58%	22.32%	23.38%	28.17%	25.20%	23.59%	20.83%	24.73%	19.64%
Debt Service Ratios	-	-	-	-	-	-	-	-	-	-	-
EBIT to Interest Expense	21.10	37.27	37.61	39.25	40.73	63.14	53.15	45.71	37.19	43.58	33.93
NOPAT to Interest Expense	18.43	32.17	30.88	35.03	36.73	48.68	48.41	45.01	34.22	32.94	35.72
EBIT Less CapEx to Interest Expense	17.48	34.04	34.69	37.75	39.53	55.45	49.15	43.51	35.54	41.00	31.29
NOPAT Less CapEx to Interest Expense	14.80	28.94	27.95	33.54	35.53	40.99	44.41	42.81	32.57	30.36	33.08
Payout Ratios	-	-	-	-	-	-	-	-	-	-	-
Dividend Payout Ratio	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Augmented Payout Ratio	35.77%	30.10%	27.18%	24.01%	21.99%	21.32%	21.53%	24.21%	26.43%	31.40%	35.53%

Frequently Asked Questions About Axcelis Technologies' Financials

When does Axcelis Technologies's financial year end?

According to the most recent income statement we have on file, Axcelis Technologies' fiscal year ends in December. Their fiscal year 2024 ended on December 31, 2024.

How has Axcelis Technologies' net income changed over the last 10 years?

Axcelis Technologies' net income appears to be on an upward trend, with a most recent value of $200.99 million in 2024, falling from -$11.27 million in 2014. The previous period was $246.26 million in 2023. Find out what analysts predict for Axcelis Technologies in the coming months.

What is Axcelis Technologies's operating income?

Axcelis Technologies's total operating income in 2024 was $210.79 million, based on the following breakdown:

Total Gross Profit: $454.65 million
Total Operating Expenses: $243.86 million

How has Axcelis Technologies revenue changed over the last 10 years?

Over the last 10 years, Axcelis Technologies' total revenue changed from $203.05 million in 2014 to $1.02 billion in 2024, a change of 401.3%.

How much debt does Axcelis Technologies have?

Axcelis Technologies' total liabilities were at $335.99 million at the end of 2024, a 19.4% decrease from 2023, and a 466.6% increase since 2014.

How much cash does Axcelis Technologies have?

In the past 10 years, Axcelis Technologies' cash and equivalents has ranged from $30.75 million in 2014 to $294.92 million in 2021, and is currently $123.51 million as of their latest financial filing in 2024.

How has Axcelis Technologies' book value per share changed over the last 10 years?

Over the last 10 years, Axcelis Technologies' book value per share changed from 1.50 in 2014 to 31.16 in 2024, a change of 1,972.8%.

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This page (NASDAQ:ACLS) was last updated on 5/31/2025 by MarketBeat.com Staff

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Axcelis Technologies (ACLS) Financials

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Axcelis Technologies (ACLS) Financials

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