Axcelis Technologies (ACLS) vs FormFactor FormFactor (FORM)
Head-to-head comparison of performance, valuation, growth, profitability and dividends. Prices delayed 15 minutes; data as of Oct 7, 2026.
Summary
FormFactor FormFactor (FORM) has outperformed Axcelis Technologies (ACLS) over the past year, gaining 259.3% versus a gain of 65.4%. Over five years, FORM leads with a +287.9% price change compared with +180.3% for ACLS. FormFactor FormFactor is the larger company by market cap ($10.92 billion vs $4.27 billion), about 2.6 times the size.
On valuation, Axcelis Technologies trades at a lower forward P/E (26.3x vs 36.9x for FormFactor FormFactor). Axcelis Technologies converts more of its revenue into profit, with a net margin of 14.3% versus 6.9%.
Summary generated from market data by MetaCap's automated system. Methodology
Relative performance
Percent change in share price from the first common trading day shown; excludes dividends.
Head-to-head
| Metric | ACLS | FORM |
|---|---|---|
| Share price | $138.40 | $139.80 |
| Market cap | $4.27B | $10.92B |
| 1-day change | -1.95% | -1.06% |
| YTD return | +72.27% | +150.15% |
| 1-year return | +65.43% | +259.35% |
| 5-year return | +180.33% | +287.92% |
| P/E ratio (TTM) | 46.44 | 96.41 |
| Forward P/E | 26.27 | 36.92 |
| EPS (TTM) | $2.98 | $1.45 |
| Dividend yield | 0.00% | 0.00% |
| Annual dividend | $0.00 | $0.00 |
| Revenue (latest FY) | $839.05M | $784.99M |
| Revenue growth (YoY) | -17.57% | +2.80% |
| Net income (latest FY) | $120.24M | $54.36M |
| Gross margin | 44.91% | 39.34% |
| Operating margin | 14.22% | 7.27% |
| Net margin | 14.33% | 6.93% |
| 52-week high | $193.78 | $160.27 |
| 52-week low | $73.60 | $37.14 |
| Distance from 52-week high | -28.58% | -12.77% |
| Analyst consensus | hold | buy |
| Avg. price target upside | +16.33% | +10.08% |
| Average volume | 373.87K | 1.47M |
| Shares outstanding | 30.88M | 78.12M |
| Employees | 1,465 | 2,153 |
| Sector | Technology | Technology |
| Industry | Industrial Machinery/Components | Semiconductors |
Highlighted cells mark the higher value for growth, returns, margins and yield, and the lower value for P/E ratios. Highlighting is a mechanical comparison, not a recommendation.
Key differences
- FormFactor FormFactor is about 2.6 times larger than Axcelis Technologies by market value ($10.92B vs $4.27B).
- FORM has outperformed ACLS by 193.9 percentage points over the past year.
- FormFactor FormFactor trades at a higher earnings multiple (96.4x vs 46.4x trailing P/E).
- Axcelis Technologies is more profitable, keeping 14.3 cents of every revenue dollar as net income versus 6.9 cents for FormFactor FormFactor.
- FormFactor FormFactor grew revenue faster in its latest fiscal year (+2.80% vs -17.57%).
About Axcelis Technologies
ACLS stock →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.
Technology · Industrial Machinery/Components · 1,465 employees
About FormFactor FormFactor
FORM stock →FormFactor, Inc. designs, manufactures, and sells probe cards, analytical probes, probe stations, thermal systems, cryogenic systems, and related services in the United States, South Korea, Taiwan, China, Japan, Singapore, Europe, Malaysia, and internationally.
Technology · Semiconductors · 2,153 employees
ACLS vs FORM FAQ
Which is bigger, Axcelis Technologies or FormFactor FormFactor?
FormFactor FormFactor (FORM) is larger, with a market capitalization of $10.92B compared with $4.27B for Axcelis Technologies (ACLS).
Which stock has performed better over the past year, ACLS or FORM?
FORM returned +259.35% over the past 12 months, compared with +65.43% for ACLS (price return, excluding dividends). Past performance does not predict future results.
Which has the lower P/E ratio, ACLS or FORM?
ACLS has the lower trailing P/E at 46.4, versus 96.4 for FORM. A lower P/E is not by itself a sign of a better investment; it can reflect slower expected growth or higher risk.
Are Axcelis Technologies and FormFactor FormFactor in the same industry?
Both are in the Technology sector, but in different industries: Industrial Machinery/Components for Axcelis Technologies and Semiconductors for FormFactor FormFactor.