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ACLS (Axcelis Technologies) Gross Margin % : 42.86% (As of Sep. 2024)


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What is Axcelis Technologies Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Axcelis Technologies's Gross Profit for the three months ended in Sep. 2024 was $110 Mil. Axcelis Technologies's Revenue for the three months ended in Sep. 2024 was $257 Mil. Therefore, Axcelis Technologies's Gross Margin % for the quarter that ended in Sep. 2024 was 42.86%.


The historical rank and industry rank for Axcelis Technologies's Gross Margin % or its related term are showing as below:

ACLS' s Gross Margin % Range Over the Past 10 Years
Min: 33.73   Med: 41.22   Max: 44.28
Current: 44.28


During the past 13 years, the highest Gross Margin % of Axcelis Technologies was 44.28%. The lowest was 33.73%. And the median was 41.22%.

ACLS's Gross Margin % is ranked better than
76.91% of 983 companies
in the Semiconductors industry
Industry Median: 28.41 vs ACLS: 44.28

Axcelis Technologies had a gross margin of 42.86% for the quarter that ended in Sep. 2024 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Axcelis Technologies was 1.40% per year.


Axcelis Technologies Gross Margin % Historical Data

The historical data trend for Axcelis Technologies's Gross Margin % 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 Gross Margin % Chart

Axcelis Technologies Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Gross Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 42.03 41.85 43.24 43.67 43.45

Axcelis Technologies Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
Gross Margin % 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 44.36 44.44 45.98 43.82 42.86

Competitive Comparison of Axcelis Technologies's Gross Margin %

For the Semiconductor Equipment & Materials subindustry, Axcelis Technologies's Gross Margin %, along with its competitors' market caps and Gross Margin % 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's Gross Margin % Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, Axcelis Technologies's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Axcelis Technologies's Gross Margin % falls into.



Axcelis Technologies Gross Margin % Calculation

Gross Margin is the percentage of Gross Profit out of sales or Revenue.

Axcelis Technologies's Gross Margin for the fiscal year that ended in Dec. 2023 is calculated as

Gross Margin % (A: Dec. 2023 )=Gross Profit (A: Dec. 2023 ) / Revenue (A: Dec. 2023 )
=491.3 / 1130.604
=(Revenue - Cost of Goods Sold) / Revenue
=(1130.604 - 639.303) / 1130.604
=43.45 %

Axcelis Technologies's Gross Margin for the quarter that ended in Sep. 2024 is calculated as


Gross Margin % (Q: Sep. 2024 )=Gross Profit (Q: Sep. 2024 ) / Revenue (Q: Sep. 2024 )
=110 / 256.564
=(Revenue - Cost of Goods Sold) / Revenue
=(256.564 - 146.594) / 256.564
=42.86 %

* 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.

A positive Gross Profit is only the first step for a company to make a net profit. The gross profit needs to be big enough to also cover related labor, equipment, rental, marketing/advertising, research and development and a lot of other costs in selling the products.


Axcelis Technologies  (NAS:ACLS) Gross Margin % Explanation

Warren Buffett believes that firms with excellent long term economics tend to have consistently higher margins.

Durable competitive advantage creates a high Gross Margin % because of the freedom to price in excess of cost. Companies can be categorized by their Gross Margin %

1. Greater than 40% = Durable competitive advantage
2. Less than 40% = Competition eroding margins
3. Less than 20% = no sustainable competitive advantage
Consistency of Gross Margin is key

Axcelis Technologies had a gross margin of 42.86% for the quarter that ended in Sep. 2024 => Durable competitive advantage


Be Aware

If a company loses its competitive advantages, usually its gross margin declines well before its sales declines. Watching Gross Margin % and Operating Margin % closely helps avoid value trap situations.


Axcelis Technologies Gross Margin % Related Terms

Thank you for viewing the detailed overview of Axcelis Technologies's Gross Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.


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
Jorge Titinger director 7005 SOUTHFRONT ROAD, LIVERMORE CA 94551
John T Kurtzweil director C/O CIRRUS LOGIC, INC., 2901 VIA FORTUNA, AUSTIN TX 78746
Russell Low officer: EVP, Engineering 108 CHERRY HILL DRIVE, BEVERLY MA 01915
James Gordon Coogan officer: EVP and CFO C/O KAMAN CORPORATION, PO BOX 1, BLOOMFIELD CT 06002
Douglas A. Lawson officer: EVP, Corporate Mktg & Strategy 21 VILLAGE VIEW ROAD, WESTFORD MA 01886
Joseph P Keithley director NORDSON CORP, 28601 CLEMENS RD, WESTLAKE OH 44145
Greg Redinbo officer: EVP Marketing and Applications AXCELIS TECHNOLOGIES, INC., 108 CHERRY HILL DRIVE, BEVERLY MA 01915
Lynnette C Fallon officer: Senior VP, HR/Legal 108 CHERRY HILL DRIVE, BEVERLY MA 01915
Christopher Tatnall officer: EVP Global Customer Operations 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
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
Kevin J Brewer officer: VP, Manufacturing Operations AXCELIS TECHNOLOGIES, INC., 108 CHERRY HILL DRIVE, BEVERLY MA 01938
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