ADVANCED ENERGY INDUSTRIES INC
ADVANCED ENERGY INDUSTRIES INC
ADVANCED ENERGY INDUSTRIES INC (AEIS) — SEC Financial Statements & Analysis
ADVANCED ENERGY INDUSTRIES INC (AEIS) files its annual 10-K and quarterly 10-Q reports directly with the SEC. The financial data below is sourced as-filed from EDGAR — balance sheet, income statement, and cash flow as reported, without normalization or third-party adjustments.
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Financial Statements
Values in Millions ($) | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 | 2024-06-30 | 2024-03-31 | 2023-12-31 | 2023-09-30 | 2023-06-30 | Subscriber-only column | Subscriber-only column | Subscriber-only column | Subscriber-only column | Data beyond 3 years is for subscribers only. Unlock 17+ years of financial data Start 7-day free trial |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Assets | |||||||||||||||||
Assets Current | |||||||||||||||||
Cash And Cash Equivalents At Carrying Value | 700 | 791 | 759 | 714 | 723 | 722 | 657 | 986 | 1,018 | 1,045 | 986 | 455 | |||||
Accounts And Other Receivables Net Current | - | - | - | - | - | - | - | - | - | - | 270 | 259 | |||||
Accounts Receivable Net Current | 377 | 325 | 300 | 304 | 277 | 265 | 259 | 262 | 248 | 282 | - | - | |||||
Inventory Net | 459 | 411 | 400 | 398 | 369 | 360 | 378 | 383 | 361 | 336 | 364 | 392 | |||||
Other Assets Current | 54 | 46 | 45 | 44 | 46 | 42 | 51 | 46 | 45 | 49 | 53 | 47 | |||||
Assets Current | 1,589 | 1,574 | 1,503 | 1,460 | 1,414 | 1,389 | 1,346 | 1,678 | 1,672 | 1,712 | 1,673 | 1,153 | |||||
Property Plant And Equipment Net | 304 | 273 | 240 | 218 | 194 | 186 | 182 | 181 | 175 | 168 | 162 | 159 | |||||
Operating Lease Right Of Use Asset | 102 | 98 | 103 | 107 | 104 | 96 | 86 | 104 | 106 | 95 | 99 | 94 | |||||
Other Assets Miscellaneous Noncurrent | 185 | 183 | 169 | 165 | 159 | 155 | 135 | 131 | 136 | 136 | 110 | 86 | |||||
Finite Lived Intangible Assets Net | 112 | 118 | 123 | 129 | 134 | 139 | 145 | 152 | 154 | 161 | 168 | 175 | |||||
Goodwill | 300 | 301 | 301 | 301 | 297 | 296 | 299 | 297 | 281 | 284 | 282 | 283 | |||||
Assets | 2,593 | 2,546 | 2,438 | 2,380 | 2,302 | 2,262 | 2,193 | 2,542 | 2,524 | 2,557 | 2,494 | 1,950 | |||||
Liabilities And Stockhold… | |||||||||||||||||
Liabilities Current | |||||||||||||||||
Accounts Payable Current | 272 | 224 | 195 | 192 | 157 | 144 | 133 | 158 | 138 | 142 | 140 | 149 | |||||
Employee Related Liabilities Current | 60 | 93 | 74 | 58 | 48 | 68 | 63 | 54 | 49 | 74 | 69 | 60 | |||||
Accrued Liabilities And Other Liabilities | 72 | 78 | 67 | 73 | 82 | 74 | 66 | 47 | 60 | 67 | 51 | 44 | |||||
Long Term Debt Current | 568 | 568 | - | - | - | - | - | 20 | 20 | 20 | 20 | 20 | |||||
Operating Lease Liability Current | 16 | 16 | 18 | 19 | 19 | 18 | 18 | 16 | 17 | 18 | 17 | 15 | |||||
Liabilities Current | 1,001 | 991 | 367 | 357 | 319 | 314 | 292 | 307 | 298 | 336 | 315 | 303 | |||||
Long Term Debt Noncurrent | - | - | 567 | 566 | 565 | 565 | 564 | 887 | 891 | 896 | 900 | 344 | |||||
Operating Lease Liability Noncurrent | 99 | 96 | 98 | 102 | 97 | 89 | 80 | 97 | 100 | 89 | 90 | 88 | |||||
Defined Benefit Pension Plan Liabilities Noncurren… | 49 | 49 | 54 | 55 | 51 | 50 | 50 | 48 | 49 | 49 | 44 | 46 | |||||
Other Liabilities Noncurrent | 42 | 39 | 39 | 37 | 35 | 38 | 42 | 38 | 43 | 43 | 44 | 44 | |||||
Liabilities | 1,190 | 1,175 | 1,124 | 1,117 | 1,068 | 1,055 | 1,028 | 1,377 | 1,381 | 1,413 | 1,393 | 825 | |||||
Deferred Compensation Arrangement With Individual … | 18 | 8 | 7 | 5 | 4 | 4 | - | - | - | - | - | - | |||||
Stockholders Equity | |||||||||||||||||
Common Stock Value Outstanding | - | - | - | - | - | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |||||
Deferred Compensation Equity | -15 | -3 | -3 | -3 | -3 | -1 | - | - | - | - | - | - | |||||
Additional Paid In Capital | 218 | 231 | 217 | 205 | 193 | 189 | 181 | 170 | 154 | 148 | 139 | 147 | |||||
Accumulated Other Comprehensive Income Loss Net Of… | 3 | 6 | 5 | 9 | -7 | -12 | 2 | -7 | -2 | 6 | 5 | 12 | |||||
Retained Earnings Accumulated Deficit | 1,179 | 1,129 | 1,087 | 1,046 | 1,047 | 1,027 | 982 | 1,002 | 991 | 990 | 956 | 966 | |||||
Stockholders Equity | 1,384 | 1,363 | 1,307 | 1,257 | 1,230 | 1,203 | 1,164 | 1,165 | 1,143 | 1,144 | 1,101 | 1,125 | |||||
Liabilities And Stockholders Equity | 2,593 | 2,546 | 2,438 | 2,380 | 2,302 | 2,262 | 2,193 | 2,542 | 2,524 | 2,557 | 2,494 | 1,950 | |||||
Preferred Stock Par Or Stated Value Per Share | 0.001 | 0.001 | 0.001 | 0.001 | 0.001 | 0.001 | 0.001 | 0.001 | 0.001 | 0.001 | 0.001 | 0.001 | |||||
Preferred Stock Shares Authorized | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | |||||
Preferred Stock Shares Issued | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |||||
Preferred Stock Shares Outstanding | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |||||
Common Stock Par Or Stated Value Per Share | 0.001 | 0.001 | 0.001 | 0.001 | 0.001 | 0.001 | 0.001 | 0.001 | 0.001 | 0.001 | 0.001 | 0.001 | |||||
Common Stock Shares Authorized | 70 | 70 | 70 | 70 | 70 | 70 | 70 | 70 | 70 | 70 | 70 | 70 | |||||
Common Stock Shares Issued | 38 | 38 | 38 | 38 | 38 | 38 | 38 | 38 | 37 | 37 | 37 | 38 | |||||
Shares Outstanding | 38 | 38 | 38 | 38 | 38 | 38 | 38 | 38 | 37 | 37 | 37 | 38 | |||||
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Earnings Market Reaction
| Fiscal Year | Q1 1 Month | Q1 2 Month | Q1 3 Month | Q2 1 Month | Q2 2 Month | Q2 3 Month | Q3 1 Month | Q3 2 Month | Q3 3 Month | Q4 1 Month | Q4 2 Month | Q4 3 Month |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | -21.90% | -10.03% | - | - | - | - | - | - | - | - | - | - |
| 2025 | 17.00% | 32.16% | 47.19% | 7.31% | 19.34% | 45.25% | 8.33% | 11.75% | 34.49% | -7.45% | 5.77% | 23.83% |
| 2024 | 14.03% | 13.88% | 13.15% | 2.14% | -6.18% | 2.02% | 6.89% | 4.94% | 12.52% | -16.14% | -31.48% | -11.00% |
| 2023 | - | - | - | -8.15% | -18.68% | -25.81% | 10.61% | 27.04% | 21.16% | -3.87% | -3.09% | 2.54% |
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Performance and Valuation Metrics
Metrics | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 | 2024-06-30 | 2024-03-31 | 2023-12-31 | 2023-09-30 | 2023-06-30 | Subscriber-only column | Subscriber-only column | Subscriber-only column | Subscriber-only column | Data beyond 3 years is for subscribers only. Unlock 17+ years of financial data Start 7-day free trial |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Liquidity Ratios | |||||||||||||||||
| Current Ratio | 1.59 | 1.59 | 4.10 | 4.09 | 4.43 | 4.42 | 4.62 | 5.47 | 5.61 | 5.10 | 5.32 | 3.80 | |||||
| Quick Ratio | 1.13 | 1.17 | 3.01 | 2.97 | 3.28 | 3.27 | 3.32 | 4.22 | 4.40 | 4.10 | 4.16 | 2.51 | |||||
| Working Capital | 588.70M | 582.70M | 1.14B | 1.10B | 1.10B | 1.08B | 1.05B | 1.37B | 1.37B | 1.38B | 1.36B | 849.77M | |||||
Leverage & Debt | |||||||||||||||||
| Debt to Equity | 0.86 | 0.86 | 0.86 | 0.89 | 0.87 | 0.88 | 0.88 | 1.18 | 1.21 | 1.23 | 1.27 | 0.73 | |||||
| Interest Coverage TTM | 12.39 | 10.06 | 8.44 | 4.38 | 2.99 | 1.46 | 0.60 | 2.30 | 3.56 | 6.86 | 16.87 | 36.78 | |||||
| Debt Ratio | 0.46 | 0.46 | 0.46 | 0.47 | 0.46 | 0.47 | 0.47 | 0.54 | 0.55 | 0.55 | 0.56 | 0.42 | |||||
Efficiency & Turnover | |||||||||||||||||
| Asset Turnover TTM | 0.78 | 0.75 | 0.74 | 0.66 | 0.65 | 0.62 | 0.63 | 0.67 | 0.69 | 0.73 | 0.78 | 0.97 | |||||
| Days Sales Outstanding TTM | 62.59 | 59.91 | 59.14 | 63.20 | 61.36 | 67.45 | 64.33 | 63.53 | 57.98 | 64.27 | - | - | |||||
| Receivables Turnover TTM | 5.83 | 6.09 | 6.17 | 5.78 | 5.95 | 5.41 | 5.67 | 5.75 | 6.30 | 5.68 | - | - | |||||
Per Share Metrics | |||||||||||||||||
| Diluted EPS TTM | 4.51 | 3.84 | 3.77 | 2.22 | 1.93 | 1.43 | 1.14 | 2.39 | 2.72 | 3.40 | 3.55 | 4.65 | |||||
| Free Cash Flow Per Share TTM | 1.81 | 3.35 | 4.06 | 3.28 | 2.61 | 1.97 | 1.97 | 2.98 | 3.34 | 3.95 | 3.45 | 3.23 | |||||
| Dividend Per Share TTM | 0.41 | 0.41 | 0.41 | 0.41 | 0.41 | 0.41 | 0.41 | 0.41 | 0.41 | 0.41 | 0.41 | 0.40 | |||||
Margin Metrics | |||||||||||||||||
| Gross Profit Margin TTM | 38.20% | 37.66% | 37.27% | 36.84% | 36.36% | 35.72% | 35.16% | 35.21% | 35.31% | 35.78% | 36.03% | 36.33% | |||||
| Operating Profit Margin TTM | 10.80% | 9.34% | 8.42% | 5.20% | 4.25% | 2.47% | 1.13% | 3.82% | 4.78% | 6.87% | 9.08% | 11.12% | |||||
| Net Profit Margin TTM | 10.00% | 8.25% | 8.42% | 5.14% | 4.73% | 3.66% | 2.90% | 5.99% | 6.58% | 7.75% | 7.72% | 9.52% | |||||
Growth Metrics | |||||||||||||||||
| Net Revenue Growth (1Y) | 22.20% | 21.38% | 17.18% | 8.49% | 0.05% | -10.50% | -15.47% | -18.40% | -16.80% | -10.27% | -0.59% | 16.83% | |||||
| Net Income Growth (1Y) | 158.49% | 173.73% | 240.70% | -6.81% | -28.15% | -57.74% | -68.31% | -48.71% | -47.07% | -35.75% | -31.24% | 23.54% | |||||
| EPS Growth (1Y) | 157.80% | 173.00% | 239.79% | -7.05% | -28.54% | -57.76% | -68.25% | -48.61% | -46.96% | -35.78% | -31.60% | 23.36% | |||||
Valuation Metrics | |||||||||||||||||
| P/E TTM | 63.84 | 53.02 | 44.01 | 59.14 | 48.50 | 79.71 | 92.21 | 44.96 | 36.96 | 31.60 | 28.58 | 23.58 | |||||
| P/B | 8.79 | 5.77 | 4.89 | 3.96 | 2.91 | 3.59 | 3.38 | 3.48 | 3.32 | 3.54 | 3.49 | 3.69 | |||||
| P/S TTM | 6.38 | 4.37 | 3.70 | 3.04 | 2.29 | 2.92 | 2.67 | 2.69 | 2.43 | 2.45 | 2.21 | 2.25 | |||||
| Market Cap | 12.16B | 7.87B | 6.39B | 4.97B | 3.57B | 4.32B | 3.93B | 4.06B | 3.79B | 4.05B | 3.84B | 4.15B | |||||
| Enterprise Value | 12.03B | 7.64B | 6.20B | 4.83B | 3.42B | 4.16B | 3.84B | 3.98B | 3.68B | 3.92B | 3.78B | 4.06B | |||||
Calculated Values | |||||||||||||||||
| Free Cash Flow TTM | 68.30M | 125.90M | 152.70M | 123.50M | 98.30M | 74.00M | 73.98M | 111.74M | 125.03M | 147.93M | 129.46M | 121.37M | |||||
| Net Debt | -131.30M | -223.70M | -191.80M | -147.40M | -157.60M | -157.40M | -93.29M | -78.84M | -106.29M | -128.88M | -66.08M | -91.74M | |||||
Per-Share and Margin | |||||||||||||||||
| EPS TTM | |||||||||||||||||
| Adjusted EPS TTM | |||||||||||||||||
| Cash Flow Per Share TTM | |||||||||||||||||
| Pretax Margin TTM | |||||||||||||||||
| Stock Comp to Revenue TTM | |||||||||||||||||
Turnover Ratios and Averages | |||||||||||||||||
| Average Assets | |||||||||||||||||
| Average Equity | |||||||||||||||||
| Average Inventory | |||||||||||||||||
| Average Receivables | |||||||||||||||||
| Average Accounts Payables | |||||||||||||||||
| Inventory Turnover TTM | |||||||||||||||||
| Payables Turnover TTM | |||||||||||||||||
| Days Inventory Outstanding TTM | |||||||||||||||||
| Days Payables Outstanding TTM | |||||||||||||||||
| Cash Conversion Cycle TTM | |||||||||||||||||
| Working Capital to Revenue | |||||||||||||||||
| Deferred Revenue to Revenue | |||||||||||||||||
Growth Rates | |||||||||||||||||
| Total Assets Growth (1Y) | |||||||||||||||||
| Total Assets Growth (3Y) | |||||||||||||||||
| Total Assets Growth (5Y) | |||||||||||||||||
| Dividends Paid Growth (1Y) | |||||||||||||||||
| Dividends Paid Growth (3Y) | |||||||||||||||||
| Dividends Paid Growth (5Y) | |||||||||||||||||
| EPS Growth (3Y) | |||||||||||||||||
| EPS Growth (5Y) | |||||||||||||||||
| Net Income Growth (3Y) | |||||||||||||||||
| Net Income Growth (5Y) | |||||||||||||||||
| Net Profit Margin Growth (1Y) | |||||||||||||||||
| Net Profit Margin Growth (3Y) | |||||||||||||||||
| Net Profit Margin Growth (5Y) | |||||||||||||||||
| Net Revenue Growth (3Y) | |||||||||||||||||
| Net Revenue Growth (5Y) | |||||||||||||||||
| Deferred Revenue Growth (1Y) | |||||||||||||||||
| Retained Earnings Growth (1Y) | |||||||||||||||||
Credit, Liquidity, Returns, Payout | |||||||||||||||||
| Cash Ratio | |||||||||||||||||
| Net Working Capital | |||||||||||||||||
| Debt to EBITDA TTM | |||||||||||||||||
| Net Debt to EBITDA TTM | |||||||||||||||||
| Net Debt to Equity | |||||||||||||||||
| Altman A | |||||||||||||||||
| Altman B | |||||||||||||||||
| Altman C | |||||||||||||||||
| Altman D | |||||||||||||||||
| Altman E | |||||||||||||||||
| Altman Z-Score | |||||||||||||||||
| ROA TTM | |||||||||||||||||
| ROE TTM | |||||||||||||||||
| NOPAT TTM | |||||||||||||||||
| ROIC TTM | |||||||||||||||||
| Effective Tax Rate TTM | |||||||||||||||||
| Payout Ratio TTM | |||||||||||||||||
| Dilution Ratio | |||||||||||||||||
| Retained Earnings to Equity | |||||||||||||||||
| Treasury Stock to Equity | |||||||||||||||||
| Treasury Stock Change (1Y) | |||||||||||||||||
| Accrued to Current Liabilities | |||||||||||||||||
Valuation Ratios | |||||||||||||||||
| P/CF TTM | |||||||||||||||||
| Dividend Yield TTM | |||||||||||||||||
| Free Cash Flow Yield TTM | |||||||||||||||||
| EV EBITDA TTM | |||||||||||||||||
| EV EBIT TTM | |||||||||||||||||
| Stock Compensation TTM | |||||||||||||||||
| Adjusted Net Income TTM | |||||||||||||||||
| Billings TTM | |||||||||||||||||
| Total Debt | |||||||||||||||||
| Invested Capital | |||||||||||||||||
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