Axcelis Technologies vs Nova
Axcelis Technologies and Nova are similar in size: $839m and $881m of revenue in their latest fiscal years. Nova grew faster (31.0% against -17.6%). Nova kept more of each dollar of sales as profit: a net margin of 29.4% against 14.3%.
| Latest fiscal year | Axcelis TechnologiesACLS, 2025 | NovaNVMI, 2025 |
|---|---|---|
| Revenue | $839m | $881m |
| Revenue growth | -17.6% | 31.0% |
| Net income | $120m | $259m |
| Operating margin | 14.2% | — |
| Net margin | 14.3% | 29.4% |
| Return on equity | 11.7% | 23.1% |
| Free cash flow | $107m | $218m |
| Cash | $145m | $214m |
| Total debt | $0 | $732m |
| Debt to equity | 0.0% | — |
| Dividend per share | — | — |
| Dividend yield | — | — |
| Share buybacks | $121m | $35.0m |
| Employees | 1,465 | — |
| Market value | $3.01bn | $9.59bn |
| Price vs our value range | Above our value range | Above our value range |
| Moat score | 82 (Strong) | 76 (Strong) |
| Insider trades, 12 months | 0 buys, 23 sales | 0 buys, 14 sales |