MKSI · Mks Instruments Inc - Financials
Annual line items from SEC XBRL filings, sourced from EDGAR's Company Facts API with fallback to the quarterly Financial Statement Data Sets. See issuer overview for Form 4 activity and 10-K signals.
Income Statement
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Revenue | $3.93B | $3.59B | $3.62B | $3.55B | $2.95B | $2.33B |
| Cost of Revenue | - | - | - | $2.00B | $1.57B | $1.28B |
| Gross Profit | $1.84B | $1.71B | $1.64B | $1.55B | $1.38B | $1.05B |
| R&D | $299.00M | $271.00M | $288.00M | $241.00M | $200.00M | $173.10M |
| SG&A | $724.00M | $674.00M | $675.00M | $488.00M | $385.10M | $353.10M |
| Total Operating Expenses | - | - | - | - | - | - |
| D&A | $344.00M | $348.00M | $397.00M | $216.00M | $104.10M | $99.20M |
| Operating Income | $528.00M | $498.00M | ($1.55B) | $617.00M | $698.90M | $453.80M |
| Interest Expense | $212.00M | $284.00M | $356.00M | $177.00M | $25.40M | $29.10M |
| Income Tax | $9.00M | ($10.00M) | ($87.00M) | $100.00M | $114.10M | $72.90M |
| Net Income | $295.00M | $190.00M | ($1.84B) | $333.00M | $551.40M | $350.10M |
| EPS - Basic | $4.39 | $2.82 | ($27.54) | $5.57 | $9.95 | $6.36 |
| EPS - Diluted | $4.37 | $2.81 | ($27.54) | $5.56 | $9.90 | $6.33 |
Balance Sheet
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Cash & Equivalents | $418.00M | $420.00M | $875.00M | $909.00M | $966.30M | $608.30M |
| Accounts Receivable | $651.00M | $615.00M | $603.00M | $720.00M | $442.60M | $392.70M |
| Inventory | $921.00M | $893.00M | $991.00M | $977.00M | $576.70M | $501.40M |
| Accounts Payable | $407.00M | $341.00M | $327.00M | $426.00M | $168.10M | $110.60M |
| Current Assets | $2.51B | $2.47B | $2.70B | $2.79B | $2.15B | $1.80B |
| Total Assets | $8.80B | $8.59B | $9.12B | $11.49B | $4.54B | $3.90B |
| Current Liabilities | $927.00M | $775.00M | $848.00M | $952.00M | $460.80M | $373.90M |
| Long-term Debt | $4.15B | $4.49B | $4.95B | $825.00M | $807.90M | $815.00M |
| Total Liabilities | $6.08B | $6.27B | $6.65B | $7.01B | $1.65B | $1.54B |
| Stockholders' Equity | $2.72B | $2.32B | $2.47B | $4.48B | $2.89B | $2.36B |
| Retained Earnings | $711.00M | $503.00M | $373.00M | $2.27B | $1.99B | $1.49B |
Cash Flow
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Operating Cash Flow | $645.00M | $528.00M | $319.00M | $529.00M | $639.50M | $513.20M |
| Investing Cash Flow | ($145.00M) | ($117.00M) | ($84.00M) | ($4.55B) | ($204.60M) | ($202.40M) |
| Financing Cash Flow | ($562.00M) | ($549.00M) | ($259.00M) | $3.97B | ($65.10M) | ($121.50M) |
| CapEx | $148.00M | $118.00M | $87.00M | $164.00M | $86.70M | $84.90M |
| Free Cash Flow | $497.00M | $410.00M | $232.00M | $365.00M | $552.80M | $428.30M |
Ratios
| Metric | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Profitability | ||||||
| Gross margin | 46.7% | 47.6% | 45.3% | 43.6% | 46.8% | 45.0% |
| Operating margin | 13.4% | 13.9% | -42.9% | 17.4% | 23.7% | 19.5% |
| EBITDA margin | 22.2% | 23.6% | -31.9% | 23.5% | 27.2% | 23.7% |
| Net margin | 7.5% | 5.3% | -50.8% | 9.4% | 18.7% | 15.0% |
| Free cash flow margin | 12.6% | 11.4% | 6.4% | 10.3% | 18.7% | 18.4% |
| FCF / Net income | 1.68 | 2.16 | -0.13 | 1.10 | 1.00 | 1.22 |
| R&D / Revenue | 7.6% | 7.6% | 8.0% | 6.8% | 6.8% | 7.4% |
| SG&A / Revenue | 18.4% | 18.8% | 18.6% | 13.8% | 13.1% | 15.2% |
| Effective tax rate | 3.0% | -5.6% | - | 23.1% | 17.1% | 17.2% |
| Return on assets | 3.4% | 2.2% | -20.2% | 2.9% | 12.1% | 9.0% |
| Return on equity | 10.8% | 8.2% | -74.5% | 7.4% | 19.1% | 14.8% |
| Return on invested capital | 7.5% | 7.3% | -16.5% | 8.9% | 15.7% | 11.8% |
| Liquidity | ||||||
| Current ratio | 2.71 | 3.19 | 3.18 | 2.93 | 4.66 | 4.83 |
| Quick ratio | 1.71 | 2.04 | 2.01 | 1.91 | 3.41 | 3.48 |
| Cash ratio | 0.45 | 0.54 | 1.03 | 0.95 | 2.10 | 1.63 |
| Leverage | ||||||
| Debt / Equity | 1.53 | 1.93 | 2.00 | 0.18 | 0.28 | 0.35 |
| Debt / Assets | 0.47 | 0.52 | 0.54 | 0.07 | 0.18 | 0.21 |
| Debt / EBITDA | 4.76 | 5.30 | - | 0.99 | 1.01 | 1.47 |
| Interest coverage | 2.5x | 1.8x | -4.4x | 3.5x | 27.5x | 15.6x |
| Equity multiplier | 3.24 | 3.70 | 3.69 | 2.56 | 1.57 | 1.65 |
| Liabilities / Assets | 0.69 | 0.73 | 0.73 | 0.61 | 0.36 | 0.40 |
| Efficiency | ||||||
| Asset turnover | 0.45 | 0.42 | 0.40 | 0.31 | 0.65 | 0.60 |
| Inventory turnover | - | - | - | 2.05 | 2.72 | 2.55 |
| Days sales outstanding | 60d | 63d | 61d | 74d | 55d | 62d |
| Days inventory outstanding | - | - | - | 178d | 134d | 143d |
| Days payable outstanding | - | - | - | 78d | 39d | 32d |
| Cash conversion cycle | - | - | - | 175d | 150d | 173d |
| Valuation | ||||||
| P / E | 36.6x | 37.1x | - | 15.2x | 17.6x | 23.8x |
| P / B | 4.0x | 3.0x | 2.8x | 1.1x | 3.4x | 3.5x |
| P / S | 2.8x | 2.0x | 1.9x | 1.4x | 3.3x | 3.6x |
| EV / EBITDA | 16.7x | 13.1x | - | 6.0x | 11.9x | 15.4x |
| Growth | ||||||
| Revenue growth (YoY) | 9.6% | -1.0% | 2.1% | 20.3% | 26.6% | 22.6% |
| Revenue CAGR (3y) | 3.5% | 6.7% | 15.8% | 23.1% | 31.6% | 6.7% |
| Revenue CAGR (5y) | 11.0% | 13.5% | 22.8% | 13.1% | 17.9% | 23.4% |
| Gross profit growth (YoY) | 7.6% | 4.0% | 6.1% | 12.1% | 31.5% | 26.4% |
| Operating income growth (YoY) | 6.0% | - | - | -11.7% | 54.0% | 106.4% |
| Net income growth (YoY) | 55.3% | - | - | -39.6% | 57.5% | 149.4% |
| EPS growth (YoY) | 55.5% | - | - | -43.8% | 56.4% | 148.2% |
| EPS CAGR (3y) | -7.7% | -34.3% | - | 29.7% | 11.5% | 0.9% |
| EPS CAGR (5y) | -7.1% | 2.0% | - | -2.0% | 38.5% | 22.7% |
| FCF growth (YoY) | 21.2% | 76.7% | -36.4% | -34.0% | 29.1% | 137.1% |
| FCF CAGR (5y) | 3.0% | 17.8% | 14.6% | 2.4% | 28.0% | 27.7% |
| Book value growth (YoY) | 17.1% | -6.1% | -44.9% | 55.3% | 22.3% | 16.7% |
Sales by segment
From XBRL dimensional facts in the 10-K period ending 2025-12-31.
Business segments
$3.93B totalVacuum Solutions Division$1.58B · 40.2%
Materials Solutions Division$1.32B · 33.7%
Photonics Solutions Division$1.03B · 26.2%
Product / service
$7.86B totalProduct$3.44B · 43.7%
Semiconductor$1.70B · 21.6%
Specialty Industrial$1.12B · 14.3%
Electronics And Packaging$1.11B · 14.1%
Service$495.00M · 6.3%
Geographic
$3.93B totalOther Countries$1.03B · 26.3%
CN$931.00M · 23.7%
US$760.00M · 19.3%
KR$440.00M · 11.2%
SG$265.00M · 6.7%
TW$260.00M · 6.6%
JP$240.00M · 6.1%
Stability scores
Altman Z′
FY 2025 · bankruptcy risk
1.02
Distress
Private-firm variant - uses book equity instead of market cap. > 2.90 safe · 1.23-2.90 grey · < 1.23 distress.
Piotroski F-score
FY 2025 · 9-point quality
7/9
Strong
- ✓Net income positive
- ✓Operating cash flow positive
- ✓ROA improved YoY
- ✓Cash flow > net income
- ✓Long-term debt decreased
- ✗Current ratio improved
- ✓No share dilution
- ✗Gross margin improved
- ✓Asset turnover improved
Peer comparison
Same SIC group: Industrial Instruments For Measurement, Display, and Control
Comparing MKS INSTRUMENTS INC against the 5 most active filers in the same SIC group.
Dividends
$0.94/share trailing 12 months · +6.8% YoY
| Ex-date | Per share |
|---|---|
| Jun 3, 2026 | $0.2500 |
| Feb 23, 2026 | $0.2500 |
| Nov 24, 2025 | $0.2200 |
| Aug 25, 2025 | $0.2200 |
| May 27, 2025 | $0.2200 |
| Feb 24, 2025 | $0.2200 |
| Nov 25, 2024 | $0.2200 |
| Aug 26, 2024 | $0.2200 |
| May 24, 2024 | $0.2200 |
| Feb 23, 2024 | $0.2200 |
| Nov 24, 2023 | $0.2200 |
| Aug 25, 2023 | $0.2200 |
| May 26, 2023 | $0.2200 |
| Feb 24, 2023 | $0.2200 |
| Nov 25, 2022 | $0.2200 |
| Aug 5, 2022 | $0.2200 |
| May 26, 2022 | $0.2200 |
| Feb 25, 2022 | $0.2200 |
| Nov 26, 2021 | $0.2200 |
| Aug 27, 2021 | $0.2200 |
| May 27, 2021 | $0.2200 |
| Feb 19, 2021 | $0.2000 |
| Nov 20, 2020 | $0.2000 |
| Aug 21, 2020 | $0.2000 |