8-K Announcements
6Apr 6, 2026·SEC
Feb 17, 2026·SEC
Feb 5, 2026·SEC
MKS Inc. (MKSI) fundamental analysis — strengths, weaknesses & financial health based on data analysis
No significant weaknesses identified
* These insights are generated automatically based on available financial data. Please conduct your own research before making investment decisions.
MKS Inc. (MKSI) stock price & volume — 10-year historical chart
MKS Inc. (MKSI) revenue, earnings & EPS growth — 3, 5 & 10-year CAGR
MKS Inc. (MKSI) EPS & revenue vs analyst estimates — last 4 quarters
| Quarter | Date | EPS (Act vs Est) | Revenue (Act vs Est) |
|---|---|---|---|
| Q1 2026Latest | Feb 17, 2026 | $2.47vs $2.46+0.4% | $1.0Bvs $1.0B+1.1% |
| Q4 2025 | Nov 5, 2025 | $1.93vs $1.85+4.3% | $988Mvs $968M+2.1% |
| Q3 2025 | Aug 6, 2025 | $1.77vs $1.61+9.9% | $973Mvs $946M+2.8% |
| Q2 2025 | May 7, 2025 | $1.71vs $1.42+20.4% | $936Mvs $938M-0.3% |
MKS Inc. (MKSI) competitors in Photonics, Lasers and Optical Components — business model, growth, and fundamentals comparison
MKS Inc. (MKSI) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.
MKS Inc. (MKSI) annual income statement — 10-year revenue, gross profit & net income history
| Line item | Dec'17 | Dec'18 | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | Dec'25 |
|---|---|---|---|---|---|---|---|---|---|
| Sales/Revenue | 1.92B | 2.08B | 1.9B | 2.33B | 2.95B | 3.55B | 3.62B | 3.59B | 3.93B |
| Revenue Growth % | 47.91% | 8.31% | -8.45% | 22.64% | 26.61% | 20.24% | 2.11% | -0.99% | 9.62% |
| Cost of Goods Sold | 1.02B | 1.1B | 1.07B | 1.28B | 1.57B | 2B | 1.98B | 1.88B | 2.34B |
| COGS % of Revenue | 53.47% | 52.8% | 56.29% | 54.98% | 53.22% | 56.39% | 54.67% | 52.37% | 59.55% |
| Gross Profit | 891.45M▲ 0% | 979.48M▲ 9.9% | 830.4M▼ 15.2% | 1.05B▲ 26.3% | 1.38B▲ 31.6% | 1.55B▲ 12.1% | 1.64B▲ 6.1% | 1.71B▲ 4.0% | 1.59B▼ 6.9% |
| Gross Margin % | 46.53% | 47.2% | 43.71% | 45.02% | 46.78% | 43.61% | 45.33% | 47.63% | 40.45% |
| Gross Profit Growth % | 57.61% | 9.87% | -15.22% | 26.32% | 31.55% | 12.1% | 6.14% | 4.02% | -6.91% |
| Operating Expenses | 484.82M | 485.4M | 610.6M | 595M | 681M | 930M | 3.2B | 1.21B | 1.02B |
| OpEx % of Revenue | 25.3% | 23.39% | 32.14% | 25.54% | 23.08% | 26.22% | 88.24% | 33.74% | 26.02% |
| Selling, General & Admin | 290.06M | 298.12M | 330.3M | 353M | 385M | 488M | 675M | 674M | 724M |
| SG&A % of Revenue | 15.14% | 14.37% | 17.39% | 15.15% | 13.05% | 13.76% | 18.64% | 18.8% | 18.42% |
| Research & Development | 132.56M | 135.72M | 164.1M | 173M | 200M | 241M | 288M | 271M | 299M |
| R&D % of Revenue | 6.92% | 6.54% | 8.64% | 7.42% | 6.78% | 6.79% | 7.95% | 7.56% | 7.61% |
| Other Operating Expenses | 62.21M | 51.6M | 116.2M | 69M | 96M | 201M | 2.23B | 265M | 0 |
| Operating Income | 406.63M▲ 0% | 494.06M▲ 21.5% | 219.8M▼ 55.5% | 454M▲ 106.6% | 699M▲ 54.0% | 617M▼ 11.7% | -1.55B▼ 351.9% | 498M▲ 132.0% | 565M▲ 13.5% |
| Operating Margin % | 21.22% | 23.81% | 11.57% | 19.48% | 23.69% | 17.39% | -42.9% | 13.89% | 14.37% |
| Operating Income Growth % | 158.56% | 21.5% | -55.51% | 106.55% | 53.96% | -11.73% | -351.86% | 132.05% | 13.45% |
| EBITDA | 489.19M | 573.86M | 329.8M | 553M | 803M | 833M | -1.16B | 846M | 909M |
| EBITDA Margin % | 25.53% | 27.65% | 17.36% | 23.73% | 27.22% | 23.48% | -31.94% | 23.59% | 23.12% |
| EBITDA Growth % | 119.18% | 17.31% | -42.53% | 67.68% | 45.21% | 3.74% | -238.9% | 173.12% | 7.45% |
| D&A (Non-Cash Add-back) | 82.56M | 79.8M | 110M | 99M | 104M | 216M | 397M | 348M | 344M |
| EBIT | 478.62M | 497.9M | 221.9M | 452M | 690M | 616M | -1.51B | 522M | 565M |
| Net Interest Income | -28.46M | -11.5M | -45.3M | -28M | -25M | -173M | -339M | -324M | -198M |
| Interest Income | 3.02M | 5.78M | 5.47M | 1M | 0 | 4M | 83M | 21M | 14M |
| Interest Expense | 31.48M | 17.32M | 50.77M | 29M | 25M | 177M | 422M | 345M | 212M |
| Other Income/Expense | 40.99M | -13.11M | -42M | -31M | -34M | -184M | -374M | -318M | -261M |
| Pretax Income | 447.63M▲ 0% | 480.95M▲ 7.4% | 177.8M▼ 63.0% | 423M▲ 137.9% | 665M▲ 57.2% | 433M▼ 34.9% | -1.93B▼ 545.3% | 180M▲ 109.3% | 304M▲ 68.9% |
| Pretax Margin % | 23.36% | 23.18% | 9.36% | 18.15% | 22.54% | 12.21% | -53.23% | 5.02% | 7.73% |
| Income Tax | 108.49M | 88.05M | 37.4M | 73M | 114M | 100M | -87M | -10M | 9M |
| Effective Tax Rate % | 24.24% | 18.31% | 21.03% | 17.26% | 17.14% | 23.09% | 4.51% | -5.56% | 2.96% |
| Net Income | 339.13M▲ 0% | 392.9M▲ 15.9% | 140.4M▼ 64.3% | 350M▲ 149.3% | 551M▲ 57.4% | 333M▼ 39.6% | -1.84B▼ 652.9% | 190M▲ 110.3% | 295M▲ 55.3% |
| Net Margin % | 17.7% | 18.93% | 7.39% | 15.02% | 18.68% | 9.39% | -50.83% | 5.3% | 7.5% |
| Net Income Growth % | 223.57% | 15.85% | -64.27% | 149.29% | 57.43% | -39.56% | -652.85% | 110.32% | 55.26% |
| Net Income (Continuing) | 339.13M | 392.9M | 140.4M | 350M | 551M | 333M | -1.84B | 190M | 295M |
| Discontinued Operations | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| EPS (Diluted) | 6.16▲ 0% | 7.14▲ 15.9% | 2.55▼ 64.3% | 6.33▲ 148.2% | 9.90▲ 56.4% | 5.56▼ 43.8% | -27.56▼ 595.7% | 2.81▲ 110.2% | 4.37▲ 55.5% |
| EPS Growth % | 217.53% | 15.91% | -64.29% | 148.24% | 56.4% | -43.84% | -595.68% | 110.2% | 55.52% |
| EPS (Basic) | 6.26 | 7.22 | 2.57 | 6.35 | 9.95 | 5.58 | -27.56 | 2.82 | 4.39 |
| Diluted Shares Outstanding | 55.07M | 54.99M | 55.11M | 55.3M | 55.7M | 59.9M | 66.8M | 67.6M | 67.7M |
| Basic Shares Outstanding | 54.14M | 54.41M | 54.71M | 55.09M | 55.4M | 59.7M | 66.8M | 67.3M | 67.3M |
| Dividend Payout Ratio | 11.26% | 10.79% | 31% | 12.57% | 8.64% | 15.62% | - | 31.05% | 20% |
MKS Inc. (MKSI) balance sheet — assets, liabilities & shareholders' equity
| Line item | Dec'17 | Dec'18 | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | Dec'25 |
|---|---|---|---|---|---|---|---|---|---|
| Total Current Assets | 1.24B | 1.46B | 1.43B | 1.8B | 2.15B | 2.79B | 2.7B | 2.47B | 2.51B |
| Cash & Short-Term Investments | 543.32M | 718.17M | 524M | 836M | 1.04B | 910M | 875M | 714M | 675M |
| Cash Only | 333.89M | 644.35M | 414.6M | 608.3M | 966M | 909M | 875M | 714M | 675M |
| Short-Term Investments | 209.43M | 73.83M | 109.4M | 227.7M | 76M | 1M | 0 | 0 | 0 |
| Accounts Receivable | 300.31M | 295.45M | 341.1M | 392.7M | 443M | 720M | 603M | 615M | 651M |
| Days Sales Outstanding | 57.21 | 51.97 | 65.53 | 61.52 | 54.81 | 74.09 | 60.77 | 62.6 | 60.45 |
| Inventory | 339.08M | 384.69M | 462.1M | 501.4M | 577M | 977M | 991M | 893M | 921M |
| Days Inventory Outstanding | 120.8 | 128.16 | 157.72 | 142.87 | 134.14 | 178.3 | 182.68 | 173.56 | 143.6 |
| Other Current Assets | 53.54M | 65.79M | 106.3M | 74.3M | 85M | 187M | 227M | 252M | 263M |
| Total Non-Current Assets | 1.18B | 1.15B | 1.98B | 2.1B | 2.39B | 8.7B | 6.42B | 6.12B | 6.29B |
| Property, Plant & Equipment | 171.78M | 194.37M | 306.4M | 468.7M | 510M | 1.03B | 1.01B | 1.01B | 1.08B |
| Fixed Asset Turnover | 11.15x | 10.68x | 6.20x | 4.97x | 5.78x | 3.43x | 3.59x | 3.55x | 3.64x |
| Goodwill | 591.05M | 587M | 1.06B | 1.07B | 1.23B | 4.31B | 2.55B | 2.48B | 2.57B |
| Intangible Assets | 366.4M | 319.81M | 564.6M | 512.2M | 576M | 3.17B | 2.62B | 2.27B | 2.14B |
| Long-Term Investments | 10.65M | 10.29M | 5.8M | 6.5M | 6.2M | 0 | 0 | 64M | 0 |
| Other Non-Current Assets | 37.88M | 38.68M | 47.5M | 45.6M | 72.8M | 186M | 240M | 292M | 492M |
| Total Assets | 2.41B▲ 0% | 2.61B▲ 8.3% | 3.42B▲ 30.7% | 3.9B▲ 14.3% | 4.54B▲ 16.3% | 11.49B▲ 153.2% | 9.12B▼ 20.7% | 8.59B▼ 5.8% | 8.8B▲ 2.4% |
| Asset Turnover | 0.79x | 0.79x | 0.56x | 0.60x | 0.65x | 0.31x | 0.40x | 0.42x | 0.45x |
| Asset Growth % | 9.12% | 8.29% | 30.68% | 14.27% | 16.3% | 153.19% | -20.68% | -5.79% | 2.4% |
| Total Current Liabilities | 289.82M | 263.29M | 317.7M | 373.9M | 460M | 952M | 848M | 775M | 927M |
| Accounts Payable | 82.52M | 83.83M | 88.4M | 110.6M | 168M | 426M | 327M | 341M | 407M |
| Days Payables Outstanding | 29.4 | 27.93 | 30.17 | 31.51 | 39.06 | 77.75 | 60.28 | 66.28 | 63.46 |
| Short-Term Debt | 2.97M | 3.99M | 12.1M | 14.5M | 9M | 93M | 93M | 50M | 51M |
| Deferred Revenue (Current) | 0 | 14.25M | 21.5M | 31.2M | 37M | 94M | 77M | 71M | 0 |
| Other Current Liabilities | 156.74M | 144.87M | 159.7M | 183.5M | 203M | 262M | 264M | 218M | 469M |
| Current Ratio | 4.27x | 5.56x | 4.51x | 4.83x | 4.67x | 2.93x | 3.18x | 3.19x | 2.71x |
| Quick Ratio | 3.10x | 4.10x | 3.06x | 3.48x | 3.41x | 1.91x | 2.01x | 2.04x | 1.71x |
| Cash Conversion Cycle | 148.61 | 152.2 | 193.08 | 172.87 | 149.9 | 174.65 | 183.17 | 169.88 | 140.59 |
| Total Non-Current Liabilities | 535.29M | 477.77M | 1.08B | 1.17B | 1.19B | 6.06B | 5.8B | 5.49B | 5.15B |
| Long-Term Debt | 389.99M | 343.84M | 871.7M | 815M | 808M | 4.83B | 4.7B | 4.49B | 4.4B |
| Capital Lease Obligations | 0 | 0 | 44.8M | 187.4M | 193M | 215M | 205M | 211M | 246M |
| Deferred Tax Liabilities | 61.57M | 48.22M | 72.4M | 59.2M | 99M | 783M | 640M | 504M | 474M |
| Other Non-Current Liabilities | 83.72M | 85.71M | 86.4M | 107.4M | 93M | 228M | 257M | 290M | 34M |
| Total Liabilities | 825.11M | 741.06M | 1.39B | 1.54B | 1.65B | 7.01B | 6.65B | 6.27B | 6.08B |
| Total Debt | 392.96M | 347.83M | 949.2M | 1.03B | 1.03B | 5.17B | 5.02B | 4.78B | 4.69B |
| Net Debt | 59.08M | -296.52M | 534.6M | 424.4M | 62M | 4.26B | 4.15B | 4.07B | 4.02B |
| Debt / Equity | 0.25x | 0.19x | 0.47x | 0.44x | 0.36x | 1.15x | 2.03x | 2.06x | 1.73x |
| Debt / EBITDA | 0.80x | 0.61x | 2.88x | 1.87x | 1.28x | 6.20x | - | 5.65x | 5.16x |
| Net Debt / EBITDA | 0.12x | -0.52x | 1.62x | 0.77x | 0.08x | 5.11x | - | 4.81x | 4.42x |
| Interest Coverage | 12.92x | 28.53x | 4.33x | 15.66x | 27.96x | 3.49x | -3.68x | 1.44x | 2.67x |
| Total Equity | 1.59B▲ 0% | 1.87B▲ 17.9% | 2.02B▲ 8.0% | 2.36B▲ 16.7% | 2.89B▲ 22.3% | 4.48B▲ 55.3% | 2.47B▼ 44.9% | 2.32B▼ 6.1% | 2.72B▲ 17.1% |
| Equity Growth % | 27.95% | 17.89% | 8.01% | 16.69% | 22.28% | 55.28% | -44.86% | -6.07% | 17.1% |
| Book Value per Share | 28.85 | 34.06 | 36.71 | 42.69 | 51.83 | 74.84 | 37.01 | 34.35 | 40.16 |
| Total Shareholders' Equity | 1.59B | 1.87B | 2.02B | 2.36B | 2.89B | 4.48B | 2.47B | 2.32B | 2.72B |
| Common Stock | 113K | 113K | 100K | 100K | 0 | 0 | 0 | 0 | 0 |
| Retained Earnings | 795.7M | 1.08B | 1.18B | 1.49B | 1.99B | 2.27B | 373M | 503M | 711M |
| Treasury Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accumulated OCI | 3.45M | -5.66M | -22.3M | 300K | -11M | 69M | -96M | -248M | -93M |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
MKS Inc. (MKSI) cash flow — operating, investing & free cash flow history
| Line item | Dec'17 | Dec'18 | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | Dec'25 |
|---|---|---|---|---|---|---|---|---|---|
| Cash from Operations | 355.22M | 413.78M | 244.5M | 513M | 639.5M | 529M | 319M | 528M | 645M |
| Operating CF Margin % | 18.54% | 19.94% | 12.87% | 22.02% | 21.68% | 14.91% | 8.81% | 14.72% | 16.41% |
| Operating CF Growth % | 97.24% | 16.49% | -40.91% | 109.82% | 24.66% | -17.28% | -39.7% | 65.52% | 22.16% |
| Net Income | 339.13M | 392.9M | 140.4M | 350M | 551.4M | 333M | -1.84B | 190M | 295M |
| Depreciation & Amortization | 82.56M | 79.85M | 110M | 99M | 104.1M | 216M | 397M | 348M | 344M |
| Stock-Based Compensation | 24.38M | 27.26M | 49.2M | 30M | 37M | 45M | 54M | 48M | 0 |
| Deferred Taxes | -4.83M | -19.4M | -4.21M | -7M | 1.2M | -46M | -234M | -226M | -196M |
| Other Non-Cash Items | -35.58M | 30.97M | 37.47M | 31M | 17.8M | 138M | 2.04B | 164M | 127M |
| Working Capital Changes | -50.44M | -97.8M | -88.35M | 10M | -72M | -157M | -99M | 4M | 75M |
| Change in Receivables | -44.08M | -546K | -93K | -45M | -52.7M | -4M | 114M | -36M | 0 |
| Change in Inventory | -72.47M | -73.78M | -29.29M | -52M | -91.7M | -236M | -76M | 20M | 0 |
| Change in Payables | 11.4M | 2.02M | -24.15M | 21M | 55.5M | 61M | -99M | 21M | 0 |
| Cash from Investing | 22.64M | 72.75M | -947.2M | -202M | -204.6M | -4.55B | -84M | -117M | -145M |
| Capital Expenditures | -31.29M | -62.94M | -63.9M | -85M | -86.7M | -164M | -87M | -118M | -148M |
| CapEx % of Revenue | 1.63% | 3.03% | 3.36% | 3.65% | 2.94% | 4.62% | 2.4% | 3.29% | 3.76% |
| Acquisitions | 72.51M | 0 | -988.6M | 0 | -268.4M | -4.47B | 0 | 0 | 3M |
| Investments | - | - | - | - | - | - | - | - | - |
| Other Investing | 66K | 0 | 42.11M | 0 | 0 | 9M | 3M | 1M | 0 |
| Cash from Financing | -279.69M | -178.01M | 476.2M | -122M | -65M | 3.97B | -259M | -549M | -562M |
| Debt Issued (Net) | -229.3M | -49.5M | 530.7M | -57M | -14M | 4.28B | -187M | -266M | -451M |
| Equity Issued (Net) | 0 | -1000K | 0 | 0 | 0 | 0 | 0 | 0 | -1000K |
| Dividends Paid | -38.18M | -42.41M | -43.53M | -44M | -47.6M | -52M | -59M | -59M | -59M |
| Share Repurchases | 0 | -75M | 0 | 0 | 0 | 0 | 0 | 0 | -45M |
| Other Financing | -12.22M | -11.1M | -10.97M | -21M | -3.4M | -252M | -13M | -224M | -7M |
| Net Change in Cash | 99.98M▲ 0% | 310.46M▲ 210.5% | -229.7M▼ 174.0% | 193M▲ 184.0% | 358M▲ 85.5% | -57M▼ 115.9% | -34M▲ 40.4% | -161M▼ 373.5% | -39M▲ 75.8% |
| Free Cash Flow | 323.94M▲ 0% | 350.84M▲ 8.3% | 180.6M▼ 48.5% | 428M▲ 137.0% | 552.8M▲ 29.2% | 365M▼ 34.0% | 232M▼ 36.4% | 410M▲ 76.7% | 497M▲ 21.2% |
| FCF Margin % | 16.91% | 16.91% | 9.51% | 18.37% | 18.74% | 10.29% | 6.41% | 11.43% | 12.64% |
| FCF Growth % | 101.23% | 8.31% | -48.52% | 136.99% | 29.16% | -33.97% | -36.44% | 76.72% | 21.22% |
| FCF per Share | 5.88 | 6.38 | 3.28 | 7.74 | 9.92 | 6.09 | 3.47 | 6.07 | 7.34 |
| FCF Conversion (FCF/Net Income) | 1.05x | 1.05x | 1.74x | 1.47x | 1.16x | 1.59x | -0.17x | 2.78x | 2.19x |
| Interest Paid | 20.47M | 14.6M | 39.9M | 26M | 23M | 110M | 305M | 268M | 0 |
| Taxes Paid | 104.69M | 91.8M | 35.5M | 66M | 110M | 133M | 180M | 145M | 0 |
MKS Inc. (MKSI) financial ratios — P/E, ROE, debt and 30+ core market and balance-sheet ratios
| Metric | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Return on Equity (ROE) | 8.72% | 23.96% | 22.7% | 7.21% | 15.97% | 21% | 9.04% | -52.94% | 7.93% | 11.7% |
| Return on Invested Capital (ROIC) | 9.22% | 18.63% | 22.98% | 7.97% | 12.75% | 18.28% | 7.92% | -15.17% | 5.74% | 6.46% |
| Gross Margin | 43.67% | 46.53% | 47.2% | 43.71% | 45.02% | 46.78% | 43.61% | 45.33% | 47.63% | 40.45% |
| Net Margin | 8.09% | 17.7% | 18.93% | 7.39% | 15.02% | 18.68% | 9.39% | -50.83% | 5.3% | 7.5% |
| Debt / Equity | 0.49x | 0.25x | 0.19x | 0.47x | 0.44x | 0.36x | 1.15x | 2.03x | 2.06x | 1.73x |
| Interest Coverage | 5.14x | 12.92x | 28.53x | 4.33x | 15.66x | 27.96x | 3.49x | -3.68x | 1.44x | 2.67x |
| FCF Conversion | 1.72x | 1.05x | 1.05x | 1.74x | 1.47x | 1.16x | 1.59x | -0.17x | 2.78x | 2.19x |
| Revenue Growth | 59.23% | 47.91% | 8.31% | -8.45% | 22.64% | 26.61% | 20.24% | 2.11% | -0.99% | 9.62% |
MKS Inc. (MKSI) SEC filings — annual & quarterly reports (10-K, 10-Q)
Apr 6, 2026·SEC
Feb 17, 2026·SEC
Feb 5, 2026·SEC
MKS Inc. (MKSI) stock FAQ — growth, dividends, profitability & financials explained
MKS Inc. (MKSI) reported $3.93B in revenue for fiscal year 2025. This represents a 2711% increase from $139.8M in 1998.
MKS Inc. (MKSI) grew revenue by 9.6% over the past year. This is steady growth.
Yes, MKS Inc. (MKSI) is profitable, generating $295.0M in net income for fiscal year 2025 (7.5% net margin).
Yes, MKS Inc. (MKSI) pays a dividend with a yield of 0.30%. This makes it attractive for income-focused investors.
MKS Inc. (MKSI) has a return on equity (ROE) of 11.7%. This is reasonable for most industries.
MKS Inc. (MKSI) generated $496.0M in free cash flow for fiscal year 2025. Positive FCF indicates the company can fund dividends, buybacks, or reinvestment.
MKS Inc. (MKSI) financial analysis — history, returns, DCA and operating performance tools
Analyst verdict, bull/bear case, risk factors and peer comparison
Historical returns with dividends reinvested
Dollar cost averaging vs lump sum
Yield, growth, payout safety & DRIP
EPS trends, net income & profitability
Long-term charts & historical price data
Sales growth patterns & revenue breakdown
30 years of market, efficiency and balance-sheet ratios
DCF intrinsic value, peer multiples & estimates