AXT Inc

As of June 30, 2026, AXT, Inc. carries a market capitalization of 4.65B, placing it among publicly traded companies globally. Its enterprise value stands at 4.43B, reflecting the total theoretical takeover cost after accounting for cash holdings and debt obligations.

AXT, Inc.'s next confirmed earnings release is scheduled for October 29, 2026.

As of June 30, 2026, AXT, Inc. has 65.57M shares outstanding.

As of June 30, 2026, AXT, Inc. trades at a trailing price-to-earnings ratio of 1,148.83. The price-to-sales ratio is 35.49, and the price-to-book ratio stands at 6.51.

As of June 30, 2026, AXT, Inc. trades at an EV/EBITDA multiple of 408.13 - the valuation measure that neutralizes differences in capital structure, tax rates, and depreciation policy, making it the standard yardstick for comparing companies across an industry. The EV/Sales ratio of 43.73 reflects the premium investors pay for the company's revenue stream, a useful check when earnings are depressed or negative. Its EV/EBIT multiple of 1,413.85 values the business against core operating earnings after depreciation, a stricter test than EV/EBITDA for capital-intensive businesses. These enterprise value multiples are built on an enterprise value of 4.43B versus a market cap of 4.65B, with the gap driven by net debt and cash on the balance sheet.

As of June 30, 2026, AXT, Inc. maintains a current ratio of 4.77, meaning it holds 4.8x the short-term assets needed to cover near-term liabilities. The debt-to-equity ratio is 9.04, indicating elevated leverage, while an interest coverage ratio of 17.11 demonstrates strong ability to service its debt obligations.

Over the twelve months ended June 30, 2026, AXT, Inc. posted a return on equity (ROE) of 0.73, showing how much profit the company earns on every dollar of shareholder capital. Return on invested capital (ROIC) comes in at 0.37 - the clearest signal of whether the business earns more on its capital than that capital costs, and the core measure of a durable competitive advantage. Return on assets (ROA) stands at 0.57, measuring how efficiently the asset base is converted into earnings. Return on capital employed (ROCE) is 0.38, useful for judging operating efficiency across full business cycles. The company generates approximately 85,507.01 in revenue per employee across its workforce of 1,185.75, a quick read on workforce productivity versus industry peers. Inventory turnover of 0.97 indicates how many times AXT, Inc. sells and replaces its inventory over a year, a key working capital efficiency ratio.

Over the twelve months ended June 30, 2026, AXT, Inc. recorded 2.86M in income tax expense. That works out to an effective tax rate of 36.96, which can sit above or below the statutory corporate tax rate depending on foreign earnings mix, tax credits, and one-off items. Taxes are levied on pretax income of 7.73M, leaving 3.27M in net income after tax - the gap is what shifts in the tax rate do to reported earnings and EPS.

Over the twelve months ended June 30, 2026, AXT, Inc. generated 101.39M in revenue and converted that into 3.27M in net income, yielding earnings per share of 0.09. EBITDA reached 10.86M, while operating income came in at 4.24M.

As of June 30, 2026, AXT, Inc. holds 337.03M in cash and equivalents against 69.50M in total debt, resulting in a net debt position of -264.91M. Total book value stands at 713.91M, with working capital of 382.22M providing operational flexibility.

AXT, Inc. produced -4.65M in operating cash flow over the twelve months ended June 30, 2026. After subtracting -11.15M in capital expenditures, free cash flow totaled -15.81M - equivalent to -0.31 per share.

Over the twelve months ended June 30, 2026, AXT, Inc. posted a gross margin of 32.18, reflecting its pricing power and cost economics. The operating margin of 4.18 and net profit margin of 3.23 provide insight into operational efficiency.

These figures cover the twelve months ended June 30, 2026. The dividend payout ratio of -2.26 is negative because earnings are negative, so the dividend is being paid out of something other than profits, a key gauge of how sustainable the dividend is and how much room remains for future dividend growth. Free cash flow yield is negative at -0.43: the business is consuming cash rather than generating it, so any dividend is not covered by free cash flow. Total shareholder yield is negative at -12.69, meaning AXT, Inc. raised more capital through share issuance and new debt than it returned via dividends and buybacks.

As of June 30, 2026, AXT, Inc. has an Altman Z-Score of 24.32, well above the 3.0 threshold that indicates strong financial health and minimal bankruptcy risk.