AXT Inc

NAS:AXTITechnologyCBOEFTSE:MRUTNASDAQ:IXCO

$56.79+10.34%At closeAt close · Tue 20 Oct · ≈ AED 208.56 · Market cap $3.72B · Next earnings Thu 29 Oct

Ratio	FY2020	FY2021	FY2022	FY2023	FY2024	FY2025	Current · undated	YoY
Gross margin	31.7%	34.5%	36.9%	17.6%	24.0%	12.7%	—	—
Operating margin	4.1%	9.4%	8.9%	−28.5%	−14.9%	−24.9%	−24.9%	+0.0 pts
Net margin	3.4%	10.6%	11.2%	−23.6%	−11.7%	−24.1%	−24.1%	+0.0 pts
EBITDA margin	12.2%	18.3%	21.3%	−11.6%	−0.3%	−12.7%	—	—
Return on equity	1.7%	6.9%	7.1%	−8.8%	−6.0%	−7.8%	−6.4%	+1.4 pts
Return on assets	1.1%	4.4%	4.3%	−5.0%	−3.4%	−4.9%	−4.9%	+0.0 pts
Return on capital employed	1.5%	4.5%	4.3%	−7.8%	−5.6%	−6.4%	—	—
Debt / equity	0.1×	0.1×	0.2×	0.3×	0.3×	0.2×	0.2×	−18.3%
Debt / assets	4.4%	5.0%	13.2%	15.5%	14.7%	14.9%	—	—
Interest coverage	22.0×	60.5×	11.7×	−14.1×	−11.0×	−17.5×	—	—
Current ratio	4.2×	3.3×	2.4×	2.1×	2.1×	2.7×	2.7×	+0.0%
Quick ratio	2.9×	2.0×	1.2×	1.0×	1.0×	1.8×	—	—
Cash ratio	1.9×	0.8×	0.5×	0.5×	0.3×	1.3×	1.3×	+0.0%
Asset turnover	0.3×	0.4×	0.4×	0.2×	0.3×	0.2×	—	—
Inventory turnover	1.3×	1.4×	1.0×	0.7×	0.9×	0.9×	—	—
Receivables turnover	3.9×	3.9×	4.8×	3.9×	3.9×	3.3×	—	—
Dividend payout	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	—	—

Margins, returns, leverage and liquidityUpdated 31 Dec 2025 ·

ⓘ

Current snapshot ratios have no reporting date and are shown separately from fiscal periods.