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Advanced Energy Industries AEIS Service — Cost of Goods Sold

Discontinued — last reported Q4 '20

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Other financials

Income statement

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Revenue$511.0M+26.3%
Gross profit$200.9M+33.5%
Operating income$68.3M+123%
Net income$66.8M+170%
EPS (diluted)$1.58+143%

Balance sheet

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Cash & equivalents$699.5M-3.3%
Total debt$683.1M+0.3%
Total equity$1.4B+12.5%
Total assets$2.6B+12.6%

Cash flow

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Operating cash flow-$6.0M-121%
CapEx$36.6M+163%
Free cash flow-$42.6M-384%

Valuation

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Market cap$14.91B+240%
Enterprise value$14.89B+243%
P/E78.3×+18.5×
P/S7.8×+5.0×

Profitability

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Gross margin38.2%+1.8pp
Operating margin10.8%+6.5pp
Net margin10%+5.3pp
FCF margin3.6%-2.7pp

Returns & leverage

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Return on equity14.6%+8.4pp
Debt / equity0.5×-0.1×
Current ratio1.6×-2.8×

Where this comes from

Reported directly by Advanced Energy Industries in its filing.

Tagged under the XBRL concept us-gaap:CostOfGoodsAndServicesSold.

The official record: Advanced Energy Industries’s 10-K, filed February 24, 2021, on SEC EDGAR. View the filing →

Questions, answered.

What does service — cost of goods sold mean?
The direct costs incurred to provide maintenance and repair services to customers.
How do you interpret service — cost of goods sold?
A decrease relative to service revenue indicates improved operational efficiency or better cost management in service delivery. An increase may signal rising labor costs, supply chain inefficiencies, or higher warranty-related expenses.
How does service — cost of goods sold compare across companies?
Comparable to 'Cost of Services' or 'Service COGS' at other capital equipment manufacturers, where investors look for stable or improving margins as the service business scales.