Axcelis Technologies Inc (ACLS) - Net Assets
Based on the latest financial reports, Axcelis Technologies Inc (ACLS) has net assets worth $1.07 Billion USD as of June 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($1.39 Billion) and total liabilities ($321.02 Million). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off. Check strategic asset allocation of Axcelis Technologies Inc to assess the company's strategic physical and investment asset allocation.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $1.07 Billion |
| % of Total Assets | 76.85% |
| Annual Growth Rate | 4.35% |
| 5-Year Change | 91.98% |
| 10-Year Change | 413.6% |
| Growth Volatility | 22.23 |
Axcelis Technologies Inc - Net Assets Trend (1999–2025)
This chart illustrates how Axcelis Technologies Inc's net assets have evolved over time, based on quarterly financial data. For live market cap and overall valuation, see Axcelis Technologies Inc stock valuation.
Annual Net Assets for Axcelis Technologies Inc (1999–2025)
The table below shows the annual net assets of Axcelis Technologies Inc from 1999 to 2025. Also explore ACLS shareholders equity momentum to track the company's year-over-year net asset growth rate.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | $1.03 Billion | +2.16% |
| 2024-12-31 | $1.01 Billion | +17.10% |
| 2023-12-31 | $864.88 Million | +29.62% |
| 2022-12-31 | $667.26 Million | +23.80% |
| 2021-12-31 | $538.96 Million | +11.91% |
| 2020-12-31 | $481.60 Million | +14.82% |
| 2019-12-31 | $419.43 Million | +2.72% |
| 2018-12-31 | $408.34 Million | +15.48% |
| 2017-12-31 | $353.61 Million | +75.53% |
| 2016-12-31 | $201.46 Million | +5.88% |
| 2015-12-31 | $190.26 Million | +13.01% |
| 2014-12-31 | $168.35 Million | -4.35% |
| 2013-12-31 | $176.00 Million | -5.41% |
| 2012-12-31 | $186.08 Million | -13.27% |
| 2011-12-31 | $214.56 Million | +4.37% |
| 2010-12-31 | $205.57 Million | -5.01% |
| 2009-12-31 | $216.40 Million | -32.24% |
| 2008-12-31 | $319.38 Million | -34.29% |
| 2007-12-31 | $486.01 Million | +1.77% |
| 2006-12-31 | $477.56 Million | +12.09% |
| 2005-12-31 | $426.04 Million | -3.93% |
| 2004-12-31 | $443.49 Million | +25.54% |
| 2003-12-31 | $353.25 Million | -21.94% |
| 2002-12-31 | $452.51 Million | -2.24% |
| 2001-12-31 | $462.86 Million | -5.80% |
| 2000-12-31 | $491.37 Million | +43.55% |
| 1999-12-31 | $342.30 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Axcelis Technologies Inc's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have grown by 50353900000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $503.54 Million | 48.67% |
| Common Stock | $31.00K | 0.00% |
| Other Comprehensive Income | $-2.20 Million | -0.21% |
| Other Components | $533.31 Million | 51.54% |
| Total Equity | $1.03 Billion | 100.00% |
Axcelis Technologies Inc Competitors by Market Cap
The table below lists competitors of Axcelis Technologies Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
JA Solar Technology Co Ltd
SHE:002459
|
$3.21 Billion |
|
Denali Therapeutics Inc
NASDAQ:DNLI
|
$3.21 Billion |
|
Shihlin Electric & Engineering Corp
TW:1503
|
$3.21 Billion |
|
Beiqi Foton Motor Co Ltd
SHG:600166
|
$3.21 Billion |
|
Jiangsu Nhwa Pharmaceutical Co Ltd
SHE:002262
|
$3.20 Billion |
|
Assured Guaranty Ltd
NYSE:AGO
|
$3.20 Billion |
|
Zhende Medical Co Ltd
SHG:603301
|
$3.20 Billion |
|
PNB Housing Finance Limited
NSE:PNBHOUSING
|
$3.19 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Axcelis Technologies Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 1,012,790,000 to 1,034,676,999, a change of 21,886,999 (2.2%).
- Net income of 120,238,000 contributed positively to equity growth.
- Share repurchases of 121,081,000 reduced equity.
- Other comprehensive income increased equity by 4,012,001.
- Other factors increased equity by 18,717,998.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $120.24 Million | +11.62% |
| Share Repurchases | $121.08 Million | -11.7% |
| Other Comprehensive Income | $4.01 Million | +0.39% |
| Other Changes | $18.72 Million | +1.81% |
| Total Change | $- | 2.16% |
Book Value vs Market Value Analysis
This analysis compares Axcelis Technologies Inc's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 3.18x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
- The price-to-book ratio has decreased from 7.17x to 3.18x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 1999-12-31 | $14.47 | $103.75 | x |
| 2000-12-31 | $22.32 | $103.75 | x |
| 2001-12-31 | $19.04 | $103.75 | x |
| 2002-12-31 | $18.48 | $103.75 | x |
| 2003-12-31 | $14.34 | $103.75 | x |
| 2004-12-31 | $17.53 | $103.75 | x |
| 2005-12-31 | $16.99 | $103.75 | x |
| 2006-12-31 | $18.85 | $103.75 | x |
| 2007-12-31 | $19.08 | $103.75 | x |
| 2008-12-31 | $12.43 | $103.75 | x |
| 2009-12-31 | $8.36 | $103.75 | x |
| 2010-12-31 | $7.87 | $103.75 | x |
| 2011-12-31 | $7.87 | $103.75 | x |
| 2012-12-31 | $6.92 | $103.75 | x |
| 2013-12-31 | $6.47 | $103.75 | x |
| 2014-12-31 | $6.04 | $103.75 | x |
| 2015-12-31 | $6.29 | $103.75 | x |
| 2016-12-31 | $6.51 | $103.75 | x |
| 2017-12-31 | $10.58 | $103.75 | x |
| 2018-12-31 | $12.01 | $103.75 | x |
| 2019-12-31 | $12.40 | $103.75 | x |
| 2020-12-31 | $14.11 | $103.75 | x |
| 2021-12-31 | $15.73 | $103.75 | x |
| 2022-12-31 | $19.89 | $103.75 | x |
| 2023-12-31 | $26.08 | $103.75 | x |
| 2024-12-31 | $30.97 | $103.75 | x |
| 2025-12-31 | $32.67 | $103.75 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Axcelis Technologies Inc utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 11.62%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 14.33%
- • Asset Turnover: 0.62x
- • Equity Multiplier: 1.32x
- Recent ROE (11.62%) is above the historical average (1.71%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1999 | 4.22% | 3.63% | 0.94x | 1.24x | $-19.80 Million |
| 2000 | 20.17% | 14.57% | 1.01x | 1.37x | $49.98 Million |
| 2001 | -4.36% | -5.52% | 0.66x | 1.19x | $-66.45 Million |
| 2002 | -5.78% | -8.44% | 0.46x | 1.48x | $-71.40 Million |
| 2003 | -32.24% | -35.37% | 0.55x | 1.66x | $-149.20 Million |
| 2004 | 16.73% | 14.60% | 0.74x | 1.55x | $29.83 Million |
| 2005 | -0.90% | -1.03% | 0.56x | 1.55x | $-46.46 Million |
| 2006 | 8.54% | 8.83% | 0.61x | 1.58x | $-6.99 Million |
| 2007 | -2.35% | -2.82% | 0.60x | 1.38x | $-60.00 Million |
| 2008 | -61.58% | -78.60% | 0.55x | 1.43x | $-228.60 Million |
| 2009 | -35.80% | -58.24% | 0.53x | 1.16x | $-99.11 Million |
| 2010 | -8.55% | -6.39% | 0.98x | 1.37x | $-38.13 Million |
| 2011 | 2.37% | 1.59% | 1.19x | 1.25x | $-16.38 Million |
| 2012 | -18.29% | -16.73% | 0.92x | 1.19x | $-52.64 Million |
| 2013 | -9.74% | -8.76% | 0.84x | 1.33x | $-34.74 Million |
| 2014 | -6.69% | -5.55% | 0.89x | 1.35x | $-28.10 Million |
| 2015 | 7.71% | 4.87% | 1.05x | 1.52x | $-4.35 Million |
| 2016 | 5.46% | 4.12% | 0.88x | 1.50x | $-9.14 Million |
| 2017 | 35.90% | 30.92% | 0.84x | 1.38x | $91.60 Million |
| 2018 | 11.24% | 10.37% | 0.81x | 1.34x | $5.05 Million |
| 2019 | 4.06% | 4.97% | 0.63x | 1.31x | $-24.91 Million |
| 2020 | 10.38% | 10.53% | 0.76x | 1.30x | $1.82 Million |
| 2021 | 18.30% | 14.89% | 0.88x | 1.40x | $44.75 Million |
| 2022 | 27.44% | 19.90% | 0.91x | 1.52x | $116.35 Million |
| 2023 | 28.47% | 21.78% | 0.88x | 1.48x | $159.77 Million |
| 2024 | 19.85% | 19.75% | 0.75x | 1.33x | $99.71 Million |
| 2025 | 11.62% | 14.33% | 0.62x | 1.32x | $16.77 Million |
Industry Comparison
This section compares Axcelis Technologies Inc's net assets metrics with peer companies in the Semiconductor Equipment & Materials industry.
Industry Context
- Industry: Semiconductor Equipment & Materials
- Average net assets among peers: $1,127,589,564
- Average return on equity (ROE) among peers: -9.55%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Axcelis Technologies Inc (ACLS) | $1.07 Billion | 4.22% | 0.30x | $3.20 Billion |
| Acm Research Inc (ACMR) | $926.16 Million | 8.35% | 0.61x | $4.16 Billion |
| Aehr Test Systems (AEHR) | $15.45 Million | -33.88% | 0.38x | $2.75 Billion |
| Applied Materials Inc (AMAT) | $6.65 Billion | 22.80% | 0.43x | $329.79 Billion |
| Ambarella Inc (AMBA) | $474.98 Million | -12.59% | 0.21x | $2.75 Billion |
| Amkor Technology Inc (AMKR) | $737.74 Million | 10.40% | 1.38x | $11.47 Billion |
| ASML Holding NV ADR (ASML) | $1.25 Billion | -38.46% | 1.93x | $546.45 Billion |
| Amtech Systems Inc (ASYS) | $6.70 Million | 5.97% | 0.30x | $242.49 Million |
| Atomera Inc (ATOM) | $25.85 Million | -48.79% | 0.04x | $149.75 Million |
| AXT Inc (AXTI) | $62.46 Million | 0.28% | 0.85x | $2.62 Billion |
About Axcelis Technologies Inc
Axcelis Technologies, Inc. designs, manufactures, and services ion implantation and other processing equipment used in the fabrication of semiconductor chips in the United States, Europe, and the Asia Pacific. The company provides high energy, high current, and medium current implanters for various application requirements. It also offers aftermarket lifecycle products and services, including use… Read more