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MKSIMKS Inc.
$260.37$17.6B
Overview & Tools
OverviewChart Terminal ↗Visualize
Valuation & Forecasts
Valuation ModelsEstimatesDCF Model
Price & Analyst Data
Analyst TargetsPrice History
Financial Statements
Income StatementBalance SheetCash FlowRatios & Margins
Performance
P/E HistoryRevenue HistoryEarnings HistoryDividend HistoryTotal Return
Discovery & Screens
Live BreakoutsStock ScreenerOwnership
MKSI logo

MKS Inc.

MKSI
NASDAQ · Tech Hardware & Equipment
$260.37
At close - Sep 22, 4:00 PM EDT - USD
Market Cap$17.59B
P/E59.6x
52W High$447.62
Volume1.04M
OverviewTerminalAnalysisFinancialsValuationEarningsBreakoutsOwnership
VCP Research Verdict2026Q2

Accelerating Revenue Growth Masks Elevated Debt Overhang

MKSI is experiencing a clear inflection point, with 2026Q2 revenue growth accelerating to 28.3% YoY and operating margin expanding to 20.1%, the highest in the reported period. This growth is driven by broad-based demand and favorable product mix, as evidenced...

GrowthAccelerating
ProfitabilityStrong
ValuationAttractive
TechnicalsWeak
Explore valuation models
MARKET ACTION

MKSI price & volume

Price trend, volume and key moving averages

Launch Terminal
Loading chart...
Decision Checklist4 Core Signals

What matters now

The signals most likely to change the investment case.

01

Earnings momentum

12/12 Beats

EPS beat 12 of last 12 quarters

02

Valuation risk

In Line

P/E is in line with peer median

03

Market leadership

RS 48 · Lag

Laggard (Underperforming 52% of market)

04

Weak Trend

Below 200DMA

Price < 200DMA

Next CatalystEstimated earnings · Nov 5
01

Build the investment case

Start with the evidence for owning the stock and the risks that can break the thesis.

EXECUTIVE THESIS

The Investment Case

Full Analysis
Fundamental Trajectory

Revenue growth accelerated to 28.3% YoY in 2026Q2, with gross margin expanding 650 bps sequentially to 47.7% and operating margin reaching 20.1%, though EPS growth of 162% may be inflated by one-time items.

Analyst Consensus+55.2% target
Buy(29 analysts)
24 Buy3 Hold2 Sell

The Bull Case

Upside Catalysts

Strong Financial Performance

MKS Inc. reported significant revenue and net income growth in Q1 2026, with earnings per share rising to $1.24, exceeding analyst expectations.

Semiconductor Industry Growth

MKS provides foundational technology solutions for semiconductor manufacturing, positioning it to benefit from increasing demand in the sector.

Positive Analyst Forecasts

AI models predict a bullish stock price target of $383.53 for 2026, indicating potential upside from current levels.

The Bear Case

Key Downside Risks

Market performance

Price History →

Trailing total returns as of 9/23/2026, which may include dividends or other distributions. Benchmark is S&P 500 (^GSPC).

YTD Return
MKSI+55.10%
S&P 500 (^GSPC)+13.20%
1-Year Return
MKSI+104.33%
S&P 500 (^GSPC)+15.98%
3-Year Return
MKSI+211.40%
S&P 500 (^GSPC)+83.54%
5-Year Return
MKSI+76.16%
S&P 500 (^GSPC)+77.62%
02

Test the fundamentals

Check whether operating performance supports the current valuation.

VALUATION & INTRINSIC VALUE

Valuation Scenarios

Valuation Analysis
Trailing P/E5Y High
59.6x
Forward P/EExpansion
19.8x
EV/EBITDA100th %ile
23.8x
FCF YieldCash Flow
2.8%

Valuation vs 5-Year History

Multiple Range
Metric
Current
5Y Median
Historical Range
Percentile
P/E
59.6x
36.6x
100th· High
EV/EBITDA
23.8x
13.1x
100th· High
Price/FCF
35.4x
17.5x
100th· High
Current Multiple
5Y Median (50th %ile)

Intrinsic Value Scenarios

DCF Projection
Bear$54.24-79.2%
Base (Fair)$125.62-50.2%
Bull$147.94-43.2%
$54.24 Bear$125.62 Base$147.94 Bull
Current Market Price: $260.37
Trades at a 107.3% premium to Base DCF ($125.62)
Open DCF & Valuation Models →Chart Terminal ↗

Growth & profitability

Annual revenue & EPS trend
Revenue
$3.93B+9.6% YoY
Net income
$295M+55.3% YoY
Free cash flow
$497M+21.2% YoY
Operating margin
14.4%+0.5 pts YoY
ROIC (TTM)6.5%
Avg ROIC 5Y-
ROE (TTM)11.7%
Piotroski Score6 / 9
Financial Statements →
03

Monitor what changed

Recent results and news deserve attention only when they alter the forward view.

OPERATING RESULTS

Recent Earnings

Earnings History
EPS Beat Rate12/12 (100%)
Revenue Beat Rate11/12 (92%)
QuarterEPS (Act vs Est)Revenue (Act vs Est)
Q3 2026Latest
Aug 5, 2026
$3.30+13.4%
vs $2.91
$1.2B+4.4%
vs $1.2B
Q2 2026
May 6, 2026
$2.30+12.7%
vs $2.04
$1.1B+3.1%
vs $1.0B
Q1 2026
Feb 17, 2026
$2.47+0.4%
vs $2.46
$1.0B+1.1%
vs $1.0B
Q4 2025
Nov 5, 2025
$1.93+4.3%
vs $1.85
$988M+2.1%
vs $968M
Historical baseline: 12 quarters analyzedGAAP / Adjusted
MARKET COVERAGE

Latest News

5 Stories
Defense World·6d ago
Bank of America Corp DE Takes Position in MKS Inc. $MKSI

Bank of America Corp DE acquired a new position in MKS Inc. (NASDAQ: MKSI) in the undefined quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor acquired 520,847 shares of the scientific and technical instruments company's stock, valued at approximately $231,673,000. Bank of America Corp

Seeking Alpha·Sep 14, 2026
MKS Instruments: Penang Expansion Boosts WFE Outlook Despite Margin Pressure

MKS Instruments remains a Buy as long-term WFE demand and capacity expansions outweigh near-term margin pressures. MKSI's Q2 delivered record $1.25B revenue, 28% YoY growth, and EPS beat, but margin headwinds from product mix and facility ramps persist. The Malaysian super-facility is reconfigured to support $200-250B WFE industry spending, signaling management's confidence in robust future demand.

GlobeNewsWire·Sep 14, 2026
MKS Inc. Releases 2026 Environmental, Social, Governance Report

ANDOVER, Mass., Sept. 14, 2026 (GLOBE NEWSWIRE) -- MKS Inc. (NASDAQ: MKSI), a global provider of enabling technologies that transform our world, today released its 2026 Environmental, Social, Governance (“ESG”) Report, outlining how MKS continues to integrate sustainability into its strategy, operations, and decision-making to support long-term value creation.

Defense World·Sep 9, 2026
Hsbc Holdings PLC Boosts Holdings in MKS Inc. $MKSI

Hsbc Holdings PLC boosted its position in MKS Inc. (NASDAQ: MKSI) by 2,274.3% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 56,935 shares of the scientific and technical instruments company's stock after buying an additional 54,537 shares during the

Filtered for MKS Inc.More Headlines
04

Compare before deciding

Benchmark MKSI against direct peers instead of judging its metrics in isolation.

Peers Comparison

Key metrics vs top competitors for MKS Inc. (MKSI)

Full Screener →
CompanyPriceMarket CapP/E RatioRev Growth (1Y)Net MarginROEDiv Yield
MKSI logoMKSIMKS Inc.Current
$260.37$17.59B59.589.62%7.5%11.7%0.33%
ENTG logoENTGEntegris, Inc.
$151.11$23.04B97.49-1.38%9.18%7.61%—
ICHR logoICHRIchor Holdings, Ltd.
$57.44$2B-37.3011.61%-3.97%-5.61%—
ONTO logoONTOOnto Innovation Inc.
$283.81$14.12B102.091.82%11.84%6.5%—
NOVT logoNOVTNovanta Inc.
$144.17$5.13B98.073.3%6%4.9%—
FELE logoFELEFranklin Electric Co., Inc.
$95.99$4.24B29.815.44%7.06%11.55%—

Compare MKSI vs Peers

MKS Inc. (MKSI) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.

Closest Rival

vs ENTG

Most directly comparable listed peer for MKSI.

Scale Benchmark

vs ASML

Larger-name benchmark to compare MKSI against a more recognizable public peer.

Peer Set

Compare Top 5

vs ENTG, ICHR, ONTO, NOVT

05

Keep researching

Verify the primary filings, follow material updates, and answer the remaining questions.

MKSI SEC Filings & Documents

MKS Inc. (MKSI) SEC filings — annual & quarterly reports (10-K, 10-Q)

8-K Announcements

6
Material company update

Aug 5, 2026·SEC

Material company update

May 12, 2026·SEC

Material company update

May 6, 2026·SEC

10-K Annual Reports

3
FY 2026

Feb 24, 2026·SEC

FY 2025

Feb 25, 2025·SEC

FY 2024

Feb 27, 2024·SEC

10-Q Quarterly Reports

6
FY 2026

Aug 6, 2026·SEC

FY 2026

May 7, 2026·SEC

FY 2025

Nov 6, 2025·SEC

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MKSI Frequently Asked Questions

MKS Inc. (MKSI) stock FAQ — growth, dividends, profitability & financials explained

Growth & Financials
What is MKS Inc.'s revenue?

MKS Inc. (MKSI) reported $4.35B in revenue for fiscal year 2025. This represents a 3009% increase from $139.8M in 1998.

How fast is MKS Inc. growing?

MKS Inc. (MKSI) grew revenue by 9.6% over the past year. This is steady growth.

Is MKSI profitable?

Yes, MKS Inc. (MKSI) is profitable, generating $440.0M in net income for fiscal year 2025 (7.5% net margin).

Dividend & Returns
Does MKSI pay dividends?

Yes, MKS Inc. (MKSI) pays a dividend with a yield of 0.33%. This makes it attractive for income-focused investors.

What is MKSI's return on equity?

MKS Inc. (MKSI) has a return on equity (ROE) of 11.7%. This is reasonable for most industries.

What is MKS Inc.'s free cash flow?

MKS Inc. (MKSI) generated $454.0M in free cash flow for fiscal year 2025. Positive FCF indicates the company can fund dividends, buybacks, or reinvestment.

What if you invested $1,000 in MKSI back in 1998?

Total return calculator · dividends reinvested · 28+ years of data

See returns →