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Entegris, Inc. (ENTG) 10-Year Financial Performance & Capital Metrics

ENTG • • Industrial / General
TechnologySemiconductorsSemiconductor Materials & SubstratesProcess Chemicals & Materials
AboutEntegris, Inc. develops, manufactures, and supplies microcontamination control products, specialty chemicals, and advanced materials handling solutions in North America, Taiwan, China, South Korea, Japan, Europe, and Southeast Asia. It operates in three segments: Specialty Chemicals and Engineered Materials (SCEM); Microcontamination Control (MC); and Advanced Materials Handling (AMH). The SCEM segment offers high-performance and high-purity process chemistries, gases, and materials, as well as delivery systems to support semiconductor and other advanced manufacturing processes. The MC segment provides solutions to filter and purify critical liquid chemistries and gases used in semiconductor manufacturing processes and other high-technology industries. The AMH segment develops solutions to monitor, protect, transport, and deliver critical liquid chemistries, wafers, and other substrates for application in the semiconductor, life sciences, and other high-technology industries. The company's customers include logic and memory semiconductor device manufacturers, semiconductor equipment makers, gas and chemical manufacturing companies, and wafer grower companies; and flat panel display equipment makers, panel manufacturers, and manufacturers of hard disk drive components and devices, as well as their related ecosystems. It also serves manufacturers and suppliers in the solar industries, electrical discharge machining customers, glass and glass container manufacturers, aerospace manufacturers, and manufacturers of biomedical implantation devices. Entegris, Inc. was founded in 1966 and is headquartered in Billerica, Massachusetts.Show more
  • Revenue $3.24B -8.0%
  • EBITDA $912M +2.9%
  • Net Income $293M +62.1%
  • EPS (Diluted) 1.93 +60.8%
  • Gross Margin 45.87% +7.9%
  • EBITDA Margin 28.14% +11.9%
  • Operating Margin 16.47% +16.3%
  • Net Margin 9.03% +76.2%
  • ROE 8.25% +51.3%
  • ROIC 5.33% +14.8%
  • Debt/Equity 1.10 -19.4%
  • Interest Coverage 2.48 +55.3%
Technical Analysis

Key Insights

Based on financial data analysis

✓Strengths

  • ✓High quality earnings: Operating CF exceeds net income
  • ✓Strong 5Y sales CAGR of 15.3%
  • ✓Healthy 5Y average net margin of 10.8%
  • ✓Trading near 52-week high

✗Weaknesses

No significant weaknesses identified

* These insights are generated automatically based on available financial data. Please conduct your own research before making investment decisions.

Price & Volume

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Growth Metrics

Revenue CAGR

10Y12.91%
5Y15.29%
3Y12.13%
TTM0.59%

Profit (Net Income) CAGR

10Y43.54%
5Y2.81%
3Y-10.55%
TTM26.2%

EPS CAGR

10Y41.49%
5Y0.63%
3Y-13.67%
TTM25.17%

ROCE

10Y Avg11.76%
5Y Avg11.34%
3Y Avg6.71%
Latest6.6%

Peer Comparison

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Sector-Specific
NameMarket CapCurrent PriceP/E RatioRevenue Growth 1YNet MarginROEFCF YieldDebt/Equity
ENTGEntegris, Inc.17.21B113.5458.83-8.02%8.95%7.41%1.84%1.10
QQnity Electronics, Inc.19.51B93.1228.147.43%15.99%6.28%4.41%0.02
SMTKSmartKem, Inc.7.55M1.23-0.39203.7%-62.62%-140.51%0.01
ATOMAtomera Incorporated76.35M2.41-3.54-75.45%-537%-107.23%0.08

Profit & Loss

Dec 2015Dec 2016Dec 2017Dec 2018Dec 2019Dec 2020Dec 2021Dec 2022Dec 2023Dec 2024
Sales/Revenue+1.08B1.18B1.34B1.55B1.59B1.86B2.3B3.28B3.52B3.24B
Revenue Growth %0.12%0.09%0.14%0.15%0.03%0.17%0.24%0.43%0.07%-0.08%
Cost of Goods Sold+610.89M666.58M733.55M830.67M879.41M1.01B1.24B1.89B2.03B1.75B
COGS % of Revenue0.57%0.57%0.55%0.54%0.55%0.54%0.54%0.57%0.58%0.54%
Gross Profit+470.23M508.69M608.99M719.83M711.65M849.72M1.06B1.4B1.5B1.49B
Gross Margin %0.43%0.43%0.45%0.46%0.45%0.46%0.46%0.43%0.42%0.46%
Gross Profit Growth %0.25%0.08%0.2%0.18%-0.01%0.19%0.25%0.32%0.07%-0.01%
Operating Expenses+352.16M353.15M367.17M427.14M472.38M454.28M507.9M916.43M998.45M952.8M
OpEx % of Revenue0.33%0.3%0.27%0.28%0.3%0.24%0.22%0.28%0.28%0.29%
Selling, General & Admin198.91M201.9M216.19M246.53M284.81M265.13M292.41M543.49M576.19M553.29M
SG&A % of Revenue0.18%0.17%0.16%0.16%0.18%0.14%0.13%0.17%0.16%0.17%
Research & Development105.9M106.99M106.95M118.46M121.14M136.06M167.63M228.99M277.31M316.11M
R&D % of Revenue0.1%0.09%0.08%0.08%0.08%0.07%0.07%0.07%0.08%0.1%
Other Operating Expenses47.35M44.26M44.02M62.15M66.43M53.09M47.86M143.95M144.94M83.39M
Operating Income+118.07M155.54M241.82M292.69M239.28M395.44M551.77M479.98M499.16M533.92M
Operating Margin %0.11%0.13%0.18%0.19%0.15%0.21%0.24%0.15%0.14%0.16%
Operating Income Growth %4.53%0.32%0.55%0.21%-0.18%0.65%0.4%-0.13%0.04%0.07%
EBITDA+219.72M255.42M344.05M419.96M380.68M531.97M689.93M759.3M886.32M912.16M
EBITDA Margin %0.2%0.22%0.26%0.27%0.24%0.29%0.3%0.23%0.25%0.28%
EBITDA Growth %1.09%0.16%0.35%0.22%-0.09%0.4%0.3%0.1%0.17%0.03%
D&A (Non-Cash Add-back)101.65M99.89M102.23M127.27M141.4M136.52M138.17M279.32M387.16M378.24M
EBIT130.85M156.84M217.07M288.53M365.01M402.89M520.32M459.75M485.05M537.27M
Net Interest Income+-38.24M-36.53M-31.63M-30.25M-42.31M-47.81M-41M-208.97M-301.12M-207.85M
Interest Income429K0715K3.84M4.65M786K243K3.69M11.26M7.37M
Interest Expense38.67M36.53M32.34M34.09M46.96M48.6M41.24M212.67M312.38M215.22M
Other Income/Expense-27.57M-35.54M-57.09M-38.26M78.77M-41.16M-72.69M-232.9M-326.9M-212.8M
Pretax Income+90.5M120M184.73M254.43M318.05M354.29M479.08M247.08M172.26M321.12M
Pretax Margin %0.08%0.1%0.14%0.16%0.2%0.19%0.21%0.08%0.05%0.1%
Income Tax+10.2M22.85M99.67M13.68M63.19M59.32M69.95M38.16M-8.41M28.33M
Effective Tax Rate %0.89%0.81%0.46%0.95%0.8%0.83%0.85%0.85%1.05%0.91%
Net Income+80.3M97.15M85.07M240.75M254.86M294.97M409.13M208.92M180.67M292.79M
Net Margin %0.07%0.08%0.06%0.16%0.16%0.16%0.18%0.06%0.05%0.09%
Net Income Growth %9.18%0.21%-0.12%1.83%0.06%0.16%0.39%-0.49%-0.14%0.62%
Net Income (Continuing)80.3M97.15M85.07M240.75M254.86M294.97M409.13M208.92M180.67M292.79M
Discontinued Operations0000000000
Minority Interest0000000000
EPS (Diluted)+0.570.680.591.691.872.163.001.461.201.93
EPS Growth %8.5%0.19%-0.13%1.86%0.11%0.16%0.39%-0.51%-0.18%0.61%
EPS (Basic)0.570.690.601.711.892.193.021.471.211.94
Diluted Shares Outstanding141.12M142.05M143.52M142.61M136.57M136.27M136.57M143.15M150.94M151.84M
Basic Shares Outstanding140.35M141.09M141.55M141.03M135.14M134.84M135.41M142.29M149.9M150.95M
Dividend Payout Ratio--0.12%0.16%0.16%0.15%0.11%0.27%0.33%0.21%

Balance Sheet

Dec 2015Dec 2016Dec 2017Dec 2018Dec 2019Dec 2020Dec 2021Dec 2022Dec 2023Dec 2024
Total Current Assets+710.76M800.13M1.06B1.03B932.4M1.23B1.31B2.34B1.98B1.62B
Cash & Short-Term Investments352.01M406.39M625.41M482.06M351.91M580.89M402.56M563.44M456.93M329.21M
Cash Only349.82M406.39M625.41M482.06M351.91M580.89M402.56M563.44M456.93M329.21M
Short-Term Investments2.18M000000000
Accounts Receivable141.41M165.68M183.43M222.06M234.41M264.39M347.41M535.49M457.05M534.92M
Days Sales Outstanding47.7451.4549.8752.2753.7751.955.1659.5547.3460.24
Inventory173.18M183.53M198.09M268.14M287.1M323.94M475.21M812.82M607.05M638.08M
Days Inventory Outstanding103.47100.598.57117.82119.16117.12139.97157.34109.35132.74
Other Current Assets42.2M44.54M50.68M57.08M58.98M65.03M88.18M423.45M456.3M114.09M
Total Non-Current Assets+947.18M899.4M918.56M1.29B1.58B1.68B1.88B7.8B6.84B6.78B
Property, Plant & Equipment321.3M321.56M359.52M419.53M529.7M571.29M720.66M1.49B1.55B1.71B
Fixed Asset Turnover3.36x3.65x3.73x3.70x3.00x3.25x3.19x2.21x2.28x1.90x
Goodwill342.11M345.27M359.69M550.2M695.04M748.04M793.7M4.41B3.95B3.94B
Intangible Assets258.94M217.55M182.43M295.69M333.95M337.63M335.11M1.84B1.28B1.09B
Long-Term Investments000000014.11M2.62M0
Other Non-Current Assets17.05M7M7.82M12.72M13.74M11.96M11.38M22.13M24.94M24.14M
Total Assets+1.66B1.7B1.98B2.32B2.52B2.92B3.19B10.14B8.81B8.39B
Asset Turnover0.65x0.69x0.68x0.67x0.63x0.64x0.72x0.32x0.40x0.39x
Asset Growth %-0.06%0.03%0.16%0.17%0.09%0.16%0.09%2.18%-0.13%-0.05%
Total Current Liabilities+175.55M261.57M290.97M269.67M264.43M302.63M379M761.93M514M525.18M
Accounts Payable36.92M61.62M68.76M93.06M84.21M81.62M130.73M172.49M134.21M193.26M
Days Payables Outstanding22.0633.7434.2140.8934.9529.5138.5133.3924.1840.21
Short-Term Debt50M100M100M4M14.03M9.96M10.64M151.97M00
Deferred Revenue (Current)0001000K1000K1000K1000K1000K00
Other Current Liabilities33.97M29.21M34.51M78.1M64.73M58.84M56.63M29.86M19.22M1.21M
Current Ratio4.05x3.06x3.63x3.82x3.53x4.08x3.47x3.06x3.85x3.08x
Quick Ratio3.06x2.36x2.95x2.82x2.44x3.01x2.21x2.00x2.67x1.86x
Cash Conversion Cycle129.16118.21114.22129.21137.98139.51156.62183.5132.51152.78
Total Non-Current Liabilities+679.51M538.74M692.18M1.04B1.09B1.24B1.1B6.16B4.89B4.18B
Long-Term Debt606.04M484.68M574.38M934.86M932.48M1.09B937.03M5.63B4.58B3.98B
Capital Lease Obligations000043.83M39.73M60.1M80.72M68.99M72.16M
Deferred Tax Liabilities37.61M26.85M85.67M69.29M71.59M73.61M64.17M391.19M190.14M70.19M
Other Non-Current Liabilities24.61M27.22M32.13M31.8M37.87M36.46M37.82M54.09M53.73M54.48M
Total Liabilities855.06M800.31M983.15M1.31B1.35B1.54B1.48B6.92B5.4B4.7B
Total Debt+667.29M584.68M674.38M938.86M990.34M1.14B1.01B5.87B4.65B4.05B
Net Debt317.46M178.29M48.97M456.8M638.42M554.58M605.2M5.3B4.19B3.72B
Debt / Equity0.83x0.65x0.68x0.93x0.85x0.82x0.59x1.82x1.36x1.10x
Debt / EBITDA3.04x2.29x1.96x2.24x2.60x2.13x1.46x7.72x5.24x4.44x
Net Debt / EBITDA1.44x0.70x0.14x1.09x1.68x1.04x0.88x6.98x4.73x4.08x
Interest Coverage3.05x4.26x7.48x8.58x5.10x8.14x13.38x2.26x1.60x2.48x
Total Equity+802.88M899.22M993.02M1.01B1.17B1.38B1.71B3.22B3.41B3.69B
Equity Growth %0.07%0.12%0.1%0.02%0.15%0.18%0.24%0.88%0.06%0.08%
Book Value per Share5.696.336.927.108.5410.1212.5522.4822.5824.31
Total Shareholders' Equity802.88M899.22M993.02M1.01B1.17B1.38B1.71B3.22B3.41B3.69B
Common Stock1.41M1.41M1.41M1.36M1.35M1.35M1.36M1.49M1.51M1.51M
Retained Earnings-416K92.3M147.42M213.75M366.13M577.83M879.78M1.03B1.15B1.38B
Treasury Stock000-7.11M-7.11M-7.11M-7.11M-7.11M-7.11M-7.11M
Accumulated OCI-46.77M-54.28M-23.51M-33.64M-37.26M-37.43M-40.09M-13.1M-42.93M-72.12M
Minority Interest0000000000

Cash Flow

Dec 2015Dec 2016Dec 2017Dec 2018Dec 2019Dec 2020Dec 2021Dec 2022Dec 2023Dec 2024
Cash from Operations+120.92M207.56M293.37M312.58M382.3M446.67M400.45M363.13M644.48M631.72M
Operating CF Margin %0.11%0.18%0.22%0.2%0.24%0.24%0.17%0.11%0.18%0.19%
Operating CF Growth %-0.12%0.72%0.41%0.07%0.22%0.17%-0.1%-0.09%0.77%-0.02%
Net Income80.3M97.15M85.07M240.75M254.86M294.97M409.13M208.92M180.67M292.79M
Depreciation & Amortization101.65M99.89M102.23M127.27M141.4M136.52M138.17M279.32M387.16M378.24M
Stock-Based Compensation11.03M13.44M15.31M17.11M19.63M22.92M29.88M66.58M61.37M65.86M
Deferred Taxes-13.31M-16.1M2.1M-11.88M-14.01M-7.25M-18.43M-102.74M-145.61M-78.9M
Other Non-Cash Items-14.1M22.99M48.98M18.71M23.55M18.86M38.44M138.57M95.4M82.72M
Working Capital Changes-44.65M-9.8M39.69M-79.39M-43.14M-19.34M-196.73M-227.52M65.48M-108.98M
Change in Receivables5.21M-25.3M-15.4M-17.47M-3.16M-27.46M-86.77M-59.64M608K-49.03M
Change in Inventory-26.67M-19.87M-20.21M-38.1M-21.35M-50.77M-168.37M-203.34M102.75M-76.71M
Change in Payables-28.69M31.29M15.97M19.95M-22.65M40.16M53.58M15.37M-14.63M8.87M
Cash from Investing+-63.64M-66.69M-112.45M-485.94M-385.84M-243.33M-298.12M-4.95B553.07M-67.08M
Capital Expenditures-71.98M-65.26M-93.6M-110.15M-112.36M-131.75M-210.63M-466.19M-456.85M-315.61M
CapEx % of Revenue0.07%0.06%0.07%0.07%0.07%0.07%0.09%0.14%0.13%0.1%
Acquisitions----------
Investments----------
Other Investing647K-3.15M1.14M4.9M3.88M338K4.45M-4.59M194.96M-2.26M
Cash from Financing+-92.79M-81.75M27.25M34.41M-126.82M22.15M-276.5M4.76B-1.3B-688.99M
Debt Issued (Net)----------
Equity Issued (Net)----------
Dividends Paid00-9.9M-39.59M-40.57M-43.24M-43.55M-57.31M-60.22M-60.58M
Share Repurchases----------
Other Financing2.95M826K-24.85M-18.37M-1.93M-47.78M-15.84M-23.92M18.9M-4.63M
Net Change in Cash----------
Free Cash Flow+48.94M142.29M199.78M202.42M269.94M314.92M189.83M-103.06M187.63M316.12M
FCF Margin %0.05%0.12%0.15%0.13%0.17%0.17%0.08%-0.03%0.05%0.1%
FCF Growth %-0.39%1.91%0.4%0.01%0.33%0.17%-0.4%-1.54%2.82%0.68%
FCF per Share0.351.001.391.421.982.311.39-0.721.242.08
FCF Conversion (FCF/Net Income)1.51x2.14x3.45x1.30x1.50x1.51x0.98x1.74x3.57x2.16x
Interest Paid35.13M32.09M30.39M26.25M41.71M42.58M46.79M164.18M287.85M199.2M
Taxes Paid16.06M35.72M33.33M54.41M77.97M37.23M88.06M113.67M138.88M103.8M

Key Ratios

Metric2015201620172018201920202021202220232024
Return on Equity (ROE)10.35%11.42%8.99%24.01%23.4%23.18%26.45%8.47%5.45%8.25%
Return on Invested Capital (ROIC)7.89%10.62%17.11%17.49%10.97%15.87%19.46%6.64%4.65%5.33%
Gross Margin43.49%43.28%45.36%46.43%44.73%45.7%46.09%42.55%42.5%45.87%
Net Margin7.43%8.27%6.34%15.53%16.02%15.86%17.8%6.37%5.13%9.03%
Debt / Equity0.83x0.65x0.68x0.93x0.85x0.82x0.59x1.82x1.36x1.10x
Interest Coverage3.05x4.26x7.48x8.58x5.10x8.14x13.38x2.26x1.60x2.48x
FCF Conversion1.51x2.14x3.45x1.30x1.50x1.51x0.98x1.74x3.57x2.16x
Revenue Growth12.37%8.71%14.23%15.49%2.62%16.86%23.64%42.77%7.37%-8.02%

Revenue by Segment

2015201620172018201920202021202220232024
Advanced Purity Solutions-------606.61M-1.85B
Advanced Purity Solutions Growth----------
Materials Solutions MS--------1.69B1.4B
Materials Solutions MS Growth----------17.13%
intersegment sales elimination------31.09M-36.71M-50.66M-51.74M-9.07M
intersegment sales elimination Growth-------18.08%-38.02%-2.13%82.47%
Microcontamination Control MC---552.84M633.66M742.19M919.36M1.11B1.13B-
Microcontamination Control MC Growth----14.62%17.13%23.87%20.30%1.95%-
Advanced Materials Handling AMH-384.28M420.84M467.41M458.29M538.68M704.95M846.49M758.65M-
Advanced Materials Handling AMH Growth--9.51%11.07%-1.95%17.54%30.86%20.08%-10.38%-
Specialty Chemicals and Electronic Materials SCEM-428.33M485.47M530.24M526.52M609.53M711.29M773.59M--
Specialty Chemicals and Electronic Materials SCEM Growth--13.34%9.22%-0.70%15.77%16.69%8.76%--
Intersegment Eliminations-----27.41M-----
Intersegment Eliminations Growth----------
Microcontamination Control-362.66M436.23M-------
Microcontamination Control Growth--20.29%-------
Critical Materials Handling CMH671.33M---------
Critical Materials Handling CMH Growth----------
Electronic Materials EM409.79M---------
Electronic Materials EM Growth----------

Revenue by Geography

2015201620172018201920202021202220232024
North America-------795.66M891.25M671.65M
North America Growth--------12.01%-24.64%
China-------501.96M566.9M671.22M
China Growth--------12.94%18.40%
Taiwan-------660.13M590.63M662.7M
Taiwan Growth---------10.53%12.20%
South Korea-------414.08M443.19M418.75M
South Korea Growth--------7.03%-5.51%
Japan-------350M367.31M309.39M
Japan Growth--------4.94%-15.77%
Europe91.28M105.78M120.48M----325.01M402.35M275.49M
Europe Growth-15.88%13.90%-----23.79%-31.53%
Southeast Asia--110.76M----235.2M262.29M232M
Southeast Asia Growth--------11.52%-11.55%
TAIWAN, PROVINCE OF CHINA249.91M291.31M289.71M-------
TAIWAN, PROVINCE OF CHINA Growth-16.56%-0.55%-------
UNITED STATES251.88M253.87M286.34M-------
UNITED STATES Growth-0.79%12.79%-------
KOREA, REPUBLIC OF148.06M145.66M216.87M-------
KOREA, REPUBLIC OF Growth--1.62%48.89%-------
JAPAN131.33M156.02M169.48M-------
JAPAN Growth-18.80%8.63%-------
CHINA89.9M118.44M148.89M-------
CHINA Growth-31.74%25.71%-------
SINGAPORE55.41M65.13M--------
SINGAPORE Growth-17.55%--------

Frequently Asked Questions

Valuation & Price

Entegris, Inc. (ENTG) has a price-to-earnings (P/E) ratio of 58.8x. This suggests investors expect higher future growth.

Growth & Financials

Entegris, Inc. (ENTG) reported $3.22B in revenue for fiscal year 2024. This represents a 330% increase from $749.3M in 2011.

Entegris, Inc. (ENTG) saw revenue decline by 8.0% over the past year.

Yes, Entegris, Inc. (ENTG) is profitable, generating $288.4M in net income for fiscal year 2024 (9.0% net margin).

Dividend & Returns

Yes, Entegris, Inc. (ENTG) pays a dividend with a yield of 0.35%. This makes it attractive for income-focused investors.

Entegris, Inc. (ENTG) has a return on equity (ROE) of 8.2%. This is below average, suggesting room for improvement.

Entegris, Inc. (ENTG) generated $505.3M in free cash flow for fiscal year 2024. Positive FCF indicates the company can fund dividends, buybacks, or reinvestment.

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