Axcelis Technologies (ACLS) Stock Fundamentals, Analysis & Risk Signals

Health score, price, valuation, risk signals, and key metrics at a glance.

Axcelis Technologies

NasdaqGS•Technology•Semiconductor Equipment & Materials

$109.32+4.72(0.05%)After hours

Market Cap

$3.22B

P/E

34.7x

P/S

3.7x

P/B

3.0x

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 used tools, spare parts, equipment upgrades, maintenance services, and customer training. The company sells its equipment and services to semiconductor chip manufacturers through its direct sales force. Axcelis Technologies, Inc. was founded in 1978 and is headquartered in Beverly, Massachusetts.

How this company scores

AverageMetricSide Score: 48/100

Strongest: Balance Sheet & Red Flags (15/25); weakest: Growth (5/25).

Profitability13/25

Growth5/25

Balance Sheet & Red Flags15/25

Cash & Earnings Quality15/25

Strengths

Interest easily coveredCash-backed earningsNet cash positionImproving margins

Valuation vs. 5-year range

Today's multiple positioned against its own trailing range — a visual premium/discount check.

P/E · 34.7x5y range 9.0x – 34.7x

Currently above its 20-quarter median.

P/S · 3.7x5y range 1.7x – 5.7x

Currently near its 20-quarter median.

P/B · 3.0x5y range 1.6x – 7.9x

Currently near its 20-quarter median.

Watch items

Data-driven signals worth keeping an eye on across the last 8 quarters

High Risk

Margin Pressure

Red Flag

Operating margins dropped 42.3% over recent quarters — a sharp decline suggesting serious cost or pricing challenges.

Earnings Quality

Watch

FCF/Net Income has dropped below 0.7x in 3 quarters — monitor for earnings quality deterioration.

Revenue Decline

Red Flag

TTM revenue has contracted 13.8% — significant decline indicating deteriorating demand.

Price & Volume

Market Cap $3.22B

Metrics at a Glance

as of June 2026

Revenue & Profit

Revenue, EBITDA, operating income, net income, EPS, and shares

TTM Revenue: $866.07M
Q. Revenue: $215.18M
TTM EBITDA: $107.06M
TTM Op. Income: $89.42M
Q. Op. Income: $20.28M
TTM Net Income: $92.79M
Q. Net Income: $23.29M
EPS: $0.76
Shares Out.: $30.80M

$866.07M in TTM revenue declined 3.3% YoY, reaching $215.18M last quarter. TTM EBITDA of $107.06M and TTM operating income of $89.42M show growth is flowing through to the bottom line. TTM net income of $92.79M means revenue is converting into profit. Across the last 8 quarters, TTM revenue has risen for 2 consecutive quarters — an improving trend.

Margins

Gross, EBITDA, operating, and net margin trends

Gross Margin: 42.4%
EBITDA Margin: 11.5%
Op. Margin: 9.4%
Net Margin: 10.8%

Op. margin of 9.4% is down 5.5% YoY — costs are rising relative to revenue. Net margin at 10.8% and gross margin of 42.4% show how much of each revenue dollar survives to profit. Over the past year, operating margin is down 37% — an improving trend.

Price Ratios

P/E, P/S, P/B, EV/EBITDA, FCF yield, and earnings yield

P/E Ratio: 34.7x
P/S Ratio: 3.7x
P/B Ratio: 3.0x

At 34.7x P/E, the stock trades above typical market levels — the market expects above-average growth. P/S of 3.7x and P/B of 3.0x provide additional context. P/E sits above typical market levels while revenue growth is below 5%. Across the last 8 quarters, P/E has risen for 2 consecutive quarters — a weakening trend.

Assets & Liabilities

Total assets, cash, debt, book value, and leverage

Total Assets: $1.39B
Cash: $155.00M
Long-Term Debt: N/A
Book Value: $1.07B
D/E Ratio: N/A
Debt/EBITDA: 0.0

Cash Flow

Operating cash flow, free cash flow, FCF margin, and earnings quality

Op. Cash Flow: $18.37M
TTM Free Cash Flow: $65.55M
FCF Margin: 7.6%
FCF / Net Income: 0.7

TTM FCF of $65.55M on $18.37M in operating cash flow. The FCF / Net Income ratio of 0.7x means free cash flow covers net income — earnings are backed by cash. Across the last 8 quarters, free cash flow has fallen for 3 consecutive quarters — a weakening trend.