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Aehr Test Systems stock: key metrics
AEHRAehr Test Systems had an operating margin of −28.3% and a return on invested capital (ROIC) of −10.1% in fiscal 2026.
Margins show how much of revenue is left over, returns on capital how hard the invested money works.
Daily figure as of 13 Nov 2026
Margins
- Gross margin
- Operating margin
- Net margin
Figures as a table
| Year | Gross margin | Operating margin | Net margin |
|---|---|---|---|
| 2007 | 50.9% | 3.8% | 8.9% |
| 2008 | 51.1% | 14.9% | 27.1% |
| 2009 | 5.5% | −115.9% | −140.0% |
| 2010 | 52.3% | −40.7% | −4.1% |
| 2011 | 40.1% | −36.5% | −24.6% |
| 2012 | 40.0% | −29.0% | −21.8% |
| 2013 | 41.1% | −20.1% | −20.7% |
| 2014 | 51.9% | 2.5% | 2.1% |
| 2015 | 38.3% | −66.8% | −66.4% |
| 2016 | 35.5% | −42.4% | −46.8% |
| 2017 | 35.9% | −26.1% | −29.9% |
| 2018 | 41.9% | 3.1% | 1.8% |
| 2019 | 36.1% | −20.3% | −24.9% |
| 2020 | 37.6% | −11.4% | −12.6% |
| 2021 | 36.3% | −25.2% | −12.2% |
| 2022 | 46.6% | 15.3% | 18.6% |
| 2023 | 50.4% | 20.6% | 22.4% |
| 2024 | 49.1% | 15.2% | 50.1% |
| 2025 | 40.6% | −7.3% | −6.6% |
| 2026 | 35.3% | −28.3% | −14.3% |
Returns on capital
- ROE
- ROIC
- ROA
Figures as a table
| Year | ROE | ROIC | ROA |
|---|---|---|---|
| 2007 | 10.7% | 7.8% | 8.5% |
| 2008 | 28.0% | 33.0% | 23.4% |
| 2009 | −100.0% | −80.1% | −100.0% |
| 2010 | −4.3% | −82.3% | −3.3% |
| 2011 | −37.1% | −92.3% | −27.9% |
| 2012 | −52.5% | −65.5% | −29.2% |
| 2013 | −68.2% | −54.7% | −31.2% |
| 2014 | 6.0% | 10.2% | 3.5% |
| 2015 | −100.0% | −65.2% | −44.7% |
| 2016 | 200.0% | −70.9% | −67.5% |
| 2017 | −33.6% | −82.8% | −18.3% |
| 2018 | 2.7% | 13.4% | 1.7% |
| 2019 | −33.8% | −36.4% | −24.6% |
| 2020 | −19.9% | −17.8% | −13.6% |
| 2021 | −17.7% | −27.2% | −9.4% |
| 2022 | 18.5% | 48.0% | 15.2% |
| 2023 | 19.3% | 48.9% | 14.8% |
| 2024 | 29.7% | 19.6% | 25.9% |
| 2025 | −3.2% | −3.8% | −2.6% |
| 2026 | −3.2% | −10.1% | −2.9% |
Data status and sources
- Score
- Daily value of 13 Nov 2026, recalculated nightly
- Price
- Closing price of 12 Nov 2026
- Latest annual report
- Fiscal year 2026, period end 29 May 2026
- Source
- Financial statements, ratios and prices from Financial Modeling Prep (FMP), based on the company's reports. MEQIRI calculates the score and fair value from them.
Mandatory disclosures for this rating
- ; time horizon around 12 months
- Rated Weak, published since 7 Nov 2026 (in the score history since 9 Oct 2026)
- Valuation signal Overvalued since 7 Nov 2026
- End-of-day prices, metrics cached for up to 24 hours
- Score and fair value are estimates from a disclosed model. They are not facts and not a price target.
- Produced by SSM Ventures UG (haftungsbeschränkt), responsible person Sven Brostmeyer, Managing Director, automatically according to the disclosed model.
- Not investment advice. Losses up to and including a total loss are possible. Personal circumstances are not considered.