US-listed companies
ADVANCED ENERGY INDUSTRIES INC

ADVANCED ENERGY INDUSTRIES INCAEIS

Market cap

$3.7B

P/E ratio

28.5x

Income statement Balance sheet Cash flow

	Dec 31, 2011	Dec 31, 2012	Dec 31, 2013	Dec 31, 2014	Dec 31, 2015	Dec 31, 2016	Dec 31, 2017	Dec 31, 2018	Dec 31, 2019	Dec 31, 2020	Dec 31, 2021	Dec 31, 2022	Dec 31, 2023
Revenue, net	517	452	547	583	415	484	671	719	789	1,416	1,456	1,845	1,656
Cost of revenue	312	284	337	389	198	231	315	353	473	874	924	1,170	1,063
Gross profit	205	168	210	194	217	253	356	366	316	542	532	676	592
Research and development	65	58	58	59	40	44	58	76	102	144	162	191	202
Selling, general, and administrative	80	69	85	84	66	78	93	108	143	189	192	218	221
Amortization of intangible assets	-	6	6	8	4	4	4	6	12	20	22	26	28
Restructuring	7	7	46	2	0	-	-	4	9	22	27	34	-
Restructuring Costs and Asset Impairment Charges	-	-	37	-	-	-	-	-	-	-	-	-	27
Total operating expenses	156	140	196	154	110	126	156	194	261	366	381	442	479
Operating income	49	27	15	40	107	127	201	172	54	176	152	233	114
Other income (expense), net	1	2	-	-	-1	1	-3	1	13	-18	-3	9	-2
Interest income	0	1	-	-	-	-	-	-	-	-	-	-	27
Income from continuing operations, before income tax	50	30	14	40	105	128	198	172	67	158	149	242	122
Interest expense	-	-	0	-	-	-	-	-	-	-	-	-	17
Income Tax Expense (Benefit)	14	10	-18	-7	22	11	62	25	11	23	14	40	-8
Other income (expense), net	1	2	-	-	-1	1	-3	1	13	-18	-3	9	-2
Income from continuing operations	37	20	32	47	-	117	136	147	56	135	135	202	131
Income from continuing operations, before income tax	50	30	14	40	105	128	198	172	67	158	149	242	122
Income (loss) from discontinued operations, net of income tax	-1	0	-	-	-	11	2	-0	8	-0	0	-2	-2
Income Tax Expense (Benefit)	14	10	-18	-7	22	11	62	25	11	23	14	40	-8
Net income	-	-	-	-	-	-	-	147	65	135	135	200	128
Income from continuing operations	37	20	32	47	-	117	136	147	56	135	135	202	131
Net Income (Loss) Attributable to Noncontrolling Interest	-	-	-	-	-	-	-	0	0	0	0	0	-
Income (loss) from discontinued operations, net of income tax	-1	0	-	-	-	11	2	-0	8	-0	0	-2	-2
Net income attributable to Advanced Energy Industries, Inc.	36	21	32	47	-158	127	138	147	65	135	135	200	128
Net income	-	-	-	-	-	-	-	147	65	135	135	200	128
Net Income (Loss) Attributable to Noncontrolling Interest	-	-	-	-	-	-	-	0	0	0	0	0	-
Net income attributable to Advanced Energy Industries, Inc.	36	21	32	47	-158	127	138	147	65	135	135	200	128
Basic earnings per share	0.85	0.52	0.81	1.16	2.05	2.94	3.42	3.76	1.47	3.53	3.53	5.39	3.49
Diluted earnings per share	0.84	0.51	0.79	1.14	2.03	2.92	3.39	3.74	1.47	3.51	3.51	5.35	3.46
Discontinued operations: Basic loss per share (in dollars per share)	-0.01	0.01	-	-	-5.94	0.26	0.04	-	0.22	-0.01	-	-0.06	-0.07
Discontinued operations: Diluted loss per share (in dollars per share)	-0.01	0.01	-	-	-5.94	0.26	0.04	-	0.22	-0.01	-	-0.06	-0.07
Earnings Per Share, Basic	0.84	0.53	0.81	1.16	-3.89	3.21	3.47	3.76	1.7	3.52	3.53	5.33	3.42
Earnings Per Share, Diluted	0.83	0.52	0.79	1.14	-3.89	3.18	3.43	3.74	1.69	3.5	3.51	5.29	3.4
Basic earnings per share	0.85	0.52	0.81	1.16	2.05	2.94	3.42	3.76	1.47	3.53	3.53	5.39	3.49
Diluted earnings per share	0.84	0.51	0.79	1.14	2.03	2.92	3.39	3.74	1.47	3.51	3.51	5.35	3.46
Discontinued operations: Basic loss per share (in dollars per share)	-0.01	0.01	-	-	-5.94	0.26	0.04	-	0.22	-0.01	-	-0.06	-0.07
Discontinued operations: Diluted loss per share (in dollars per share)	-0.01	0.01	-	-	-5.94	0.26	0.04	-	0.22	-0.01	-	-0.06	-0.07
Earnings Per Share, Basic	0.84	0.53	0.81	1.16	-3.89	3.21	3.47	3.76	1.7	3.52	3.53	5.33	3.42
Earnings Per Share, Diluted	0.83	0.52	0.79	1.14	-3.89	3.18	3.43	3.74	1.69	3.5	3.51	5.29	3.4