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ACLS (Axcelis Technologies) Retained Earnings : $397 Mil (As of Jun. 2024)


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What is Axcelis Technologies Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Axcelis Technologies's retained earnings for the quarter that ended in Jun. 2024 was $397 Mil.

Axcelis Technologies's quarterly retained earnings increased from Dec. 2023 ($320 Mil) to Mar. 2024 ($358 Mil) and increased from Mar. 2024 ($358 Mil) to Jun. 2024 ($397 Mil).

Axcelis Technologies's annual retained earnings increased from Dec. 2021 ($-23 Mil) to Dec. 2022 ($119 Mil) and increased from Dec. 2022 ($119 Mil) to Dec. 2023 ($320 Mil).


Axcelis Technologies Retained Earnings Historical Data

The historical data trend for Axcelis Technologies's Retained Earnings can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Axcelis Technologies Retained Earnings Chart

Axcelis Technologies Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Retained Earnings
Get a 7-Day Free Trial Premium Member Only Premium Member Only -140.23 -91.97 -22.72 118.89 319.51

Axcelis Technologies Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
Retained Earnings Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 206.81 261.52 319.51 358.30 396.72

Axcelis Technologies Retained Earnings Calculation

Retained Earnings is the accumulated portion of net income that is not distributed to shareholders. Because the net income was not distributed to shareholders, shareholders' equity is increased by the same amount.

Of course, if a company loses, it is called retained losses, or accumulated losses.


Axcelis Technologies  (NAS:ACLS) Retained Earnings Explanation

Historically profitable companies sometimes have negative retained earnings. This is because they have cumulatively paid out more to shareholders than they reported in profits.

For example, in 2011, Microsoft had negative retained earnings. This does not mean the company lost more money than it made over the years. It just means it paid out more money than it earned.

If a company has negative retained earnings, investors should check the 10-year financial results. They should not assume that negative retained earnings prove a company has generally lost money in the past.

Of course, many companies with negative retained earnings have indeed lost money in the past.

Retained Earnings: Warren Buffett's Secret.

One of the most important indicators of durable competitive advantage. Net earnings can be paid out as dividends, used to buy back shares or retained for growth.

If the company loses more than it has accumulated, retained earnings is negative.

If a company isn't adding to its retained earnings, it isn't growing its net worth.

Rate of growth of retained earnings is good indicator whether it's benefiting from a competitive advantage.

Microsoft is negative because it chose to buyback stock and pay dividends.

The more earnings retained, the faster it grows and increases growth rate for future earnings.


Axcelis Technologies Business Description

Traded in Other Exchanges
Address
108 Cherry Hill Drive, Beverly, MA, USA, 01915
Axcelis Technologies Inc designs, manufactures and services ion implantation and other processing equipment used in the fabrication of semiconductor chips. In addition to equipment, the company provide aftermarket lifecycle products and services, including used tools, spare parts, equipment upgrades, maintenance services and customer training. Geographically, the group has a business presence in North America, Asia Pacific and Europe, of which key revenue is derived from the Asia Pacific.
Executives
Joseph P Keithley director NORDSON CORP, 28601 CLEMENS RD, WESTLAKE OH 44145
James Gordon Coogan officer: EVP and CFO C/O KAMAN CORPORATION, PO BOX 1, BLOOMFIELD CT 06002
Greg Redinbo officer: EVP Marketing and Applications AXCELIS TECHNOLOGIES, INC., 108 CHERRY HILL DRIVE, BEVERLY MA 01915
Jorge Titinger director 7005 SOUTHFRONT ROAD, LIVERMORE CA 94551
Lynnette C Fallon officer: Senior VP, HR/Legal 108 CHERRY HILL DRIVE, BEVERLY MA 01915
Russell Low officer: EVP, Engineering 108 CHERRY HILL DRIVE, BEVERLY MA 01915
Christopher Tatnall officer: EVP Global Customer Operations AXCELIS TECHNOLOGIES INC., 108 CHERRY HILL DRIVE, BEVERLY MA 01915
Douglas A. Lawson officer: EVP, Corporate Mktg & Strategy 21 VILLAGE VIEW ROAD, WESTFORD MA 01886
Gerald M Blumenstock officer: EVP, Engineering AXCELIS TECHNOLOGIES, INC., 108 CHERRY HILL DRIVE, BEVERLY MA 01915
Jeanne Quirk director AXCELIS TECHNOLOGIES, INC., 108 CHERRY HILL DRIVE, BEVERLY MA 01915
Mary G Puma officer: President and CEO AXCELIS TECHNOLOGIES INC., 108 CHERRY HILL DRIVE, BEVERLY MA 01915
Kevin J Brewer officer: VP, Manufacturing Operations AXCELIS TECHNOLOGIES, INC., 108 CHERRY HILL DRIVE, BEVERLY MA 01938
John T Kurtzweil director C/O CIRRUS LOGIC, INC., 2901 VIA FORTUNA, AUSTIN TX 78746
Tzu Yin Chiu director 108 CHERRY HILL DRIVE, BEVERLY MA 01915
Dennis Thomas St director C/O FORMFACTOR, INC., 7005 SOUTHFRONT ROAD, LIVERMORE CA 94551