Axcelis TechnologiesACLS -18.97%91 Debt-to-Equity is 0.04 as of Mar. 2026, which is 60% below its 10-year median of 0.10. GuruFocus rates ACLS with a GF Score™ of 91/100 and a GF Value™ of $87.52 (Significantly Overvalued). The stock has 4 warning signs investors should review. Among 900 Semiconductors companies, Axcelis Technologies ranks better than 83.89% on this metric.
A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.
The historical rank and industry rank for Axcelis Technologies's Debt-to-Equity or its related term are showing as below:
ACLS'
s Debt-to-Equity Range Over the Past 10 Years
Min: 0.04 Med: 0.1 Max: 0.25
Current: 0.04
During the past 13 years, the highest Debt-to-Equity Ratio of Axcelis Technologies was 0.25. The lowest was 0.04. And the median was 0.10.
ACLS's Debt-to-Equity is ranked better than 83.89% of 900
companies
in the Semiconductors industry
Industry Median: 0.25
vs ACLS: 0.04
Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.
Axcelis Technologies Debt-to-Equity Related Terms
Axcelis Technologies Debt-to-Equity Historical Data
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The historical data trend for Axcelis Technologies's Debt-to-Equity 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.
ACLS vs UCTT, AXTI, IPGP: Debt-to-Equity Comparison
For the Semiconductor Equipment & Materials subindustry, Axcelis Technologies's Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Axcelis Technologies Debt-to-Equity vs Semiconductors Industry
For the Semiconductors industry and Technology sector, Axcelis Technologies's Debt-to-Equity distribution charts can be found below:
* The bar in red indicates where Axcelis Technologies's Debt-to-Equity falls into.
* 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.
Axcelis Technologies (ACLS) has a Debt-to-Equity of 0.04 as of Mar. 2026. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Axcelis Technologies and its competitors. This is 60% below median its historical median of 0.10. Over the past decade, Axcelis Technologies' Debt-to-Equity has ranged from 0.04 to 0.25. According to the industry distribution chart, Axcelis Technologies ranks #145 out of 900 companies in the Semiconductors industry, placing it in the top 16.1%.
Is Axcelis Technologies' Debt-to-Equity too high?
Axcelis Technologies' current Debt-to-Equity of 0.04 is 60% below median its 10-year median of 0.10. Over the past 10 years, this metric has ranged from a low of 0.04 to a high of 0.25. The Semiconductors industry median Debt-to-Equity is 0.25. Axcelis Technologies' value of 0.04 is 84% below this industry median. Based on the distribution chart, Axcelis Technologies ranks #145 out of 900 companies in the Semiconductors industry, which is in the top quartile — a strong position relative to peers. Overall, Axcelis Technologies has a GF Score™ of 91/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Axcelis Technologies' Debt-to-Equity compare to UCTT and AXTI?
According to the Semiconductors industry distribution chart, Axcelis Technologies ranks #145 out of 900 companies for Debt-to-Equity. This places Axcelis Technologies in the top 16% of its industry — outperforming the majority of peers. The industry median Debt-to-Equity is 0.25. Axcelis Technologies' value of 0.04 is 84% below this benchmark. Historically, Axcelis Technologies' own Debt-to-Equity has ranged from 0.04 to 0.25 over the past decade. While the company's 10-year median is 0.10 vs. the industry median of 0.25, Axcelis Technologies has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Debt-to-Equity for a Semiconductors company?
The median Debt-to-Equity among Semiconductors companies is 0.25, based on 900 companies in the industry. Companies in the top quartile (top 25%) have a Debt-to-Equity significantly above this median, while those in the bottom quartile fall well below. However, Debt-to-Equity should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Axcelis Technologies's current Debt-to-Equity of 0.04 is 84% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Debt-to-Equity mean?
A high Debt-to-Equity can signal that a stock is expensive relative to its fundamentals. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Axcelis Technologies and its competitors. For the Semiconductors industry, the median Debt-to-Equity is 0.25 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Axcelis Technologies's current Debt-to-Equity is 0.04, which is 60% below median its own 10-year median of 0.10. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Axcelis Technologies stock overvalued right now?
Based on GuruFocus' analysis, Axcelis Technologies (ACLS) is currently considered Significantly Overvalued. The stock's GF Value™ is $87.52, compared to a current price of $144.50 — trading 65.1% above its estimated fair value. The current Debt-to-Equity is 0.04, which is 60% below median its 10-year median of 0.10 and 84% below the Semiconductors industry median of 0.25. Axcelis Technologies' overall GF Score™ is 91/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Debt-to-Equity calculated?
Debt-to-Equity is calculated from a company's financial statements. For Axcelis Technologies (ACLS), the current Debt-to-Equity is 0.04 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Axcelis Technologies (ACLS) Overvalued in 2026?
Based on GuruFocus' analysis, Axcelis Technologies stock appears to be overvalued.
The current stock price of $144.50 is trading 65.1% above its estimated GF Value™ of $87.52.
GuruFocus considers Axcelis Technologies to be Significantly Overvalued.
Key valuation signals for ACLS:
Debt-to-Equity: 0.04 (60% below median its 10-year median of 0.10)
GF Value™: $87.52 vs. price of $144.50 (65.1% above fair value)
Industry Position: 84% below the Semiconductors median (#145 of 900)
No single metric tells the full story. See the ACLS stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
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 provides 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.
91GF Score
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