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M

MKS Incorporated MKSI · USD

Information Technology · US listing · 🇺🇸 United States

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211.59

+10.05%

Close of 9 Nov 2026, in USD

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Reference data, closing prices and charts across 45,000 companies, plus crypto, commodities and currencies.

At a glance

Figures in USD, from our data supplier.

FY2025

Revenue

$3.93bn

FY2016FY2025

Net income

$295.0m

FY2016FY2025

Free cash flow

$497.0m

FY2016FY2025

Shareholders' equity

$2.72bn

FY2016FY2025

Income statement

Fiscal years

FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Revenue$3.93bn$3.59bn$3.62bn$3.55bn$2.95bn$2.33bn$1.90bn$2.08bn$1.92bn$1.30bn
Gross profit$1.59bn$1.71bn$1.64bn$1.55bn$1.38bn$1.05bn$830.4m$979.5m$891.5m$565.6m
Research and development$299.0m$271.0m$288.0m$241.0m$200.0m$173.0m$164.1m$135.7m$132.6m$110.6m
Operating income$565.0m$498.0m−$1.55bn$617.0m$699.0m$454.0m$219.8m$494.1m$434.6m$157.3m
Net income$295.0m$190.0m−$1.84bn$333.0m$551.0m$350.0m$140.4m$392.9m$339.1m$104.8m
Diluted earnings per share4.342.81-27.444.999.896.312.537.226.141.92

Balance sheet

At each fiscal year end

FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Total assets$8.80bn$8.59bn$9.12bn$11.49bn$4.54bn$3.90bn$3.42bn$2.61bn$2.41bn$2.21bn
Cash and short-term investments$675.0m$714.0m$875.0m$910.0m$1.04bn$836.0m$524.0m$718.2m$543.3m$418.1m
Total liabilities$6.08bn$6.27bn$6.65bn$7.01bn$1.65bn$1.54bn$1.39bn$741.1m$825.1m$970.5m
Debt$4.20bn$4.54bn$4.79bn$4.93bn$817.0m$830.0m$884.0m$348.0m$393.0m$612.0m
Shareholders' equity$2.72bn$2.32bn$2.47bn$4.48bn$2.89bn$2.36bn$2.02bn$1.87bn$1.59bn$1.24bn
Shares outstanding68m68m67m67m56m56m55m54m55m55m

Cash flow

Fiscal years

FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Cash from operations$645.0m$528.0m$319.0m$529.0m$639.5m$513.2m$244.5m$413.8m$355.2m$180.1m
Capital spending−$148.0m−$118.0m−$87.0m−$164.0m−$86.7m−$84.9m−$63.9m−$62.9m−$31.3m−$19.1m
Free cash flow$497.0m$410.0m$232.0m$365.0m$552.8m$428.3m$180.6m$350.8m$323.9m$161.0m
Dividends paid−$59.0m−$59.0m−$59.0m−$52.0m−$47.6m−$44.0m−$43.5m−$42.4m−$38.2m−$36.4m

Latest quarters

By quarter end

Jun 2026Mar 2026Dec 2025Sept 2025Jun 2025Mar 2025Dec 2024Sept 2024
Revenue$1.25bn$1.08bn$1.03bn$988.0m$973.0m$936.0m$934.0m$896.0m
Gross profit$595.0m$444.0m$418.0m$461.0m$453.0m$444.0m$441.0m$432.0m
Operating income$251.0m$173.0m$140.0m$137.0m$130.0m$118.0m$149.0m$118.0m
Net income$175.0m$84.0m$107.0m$74.0m$62.0m$52.0m$91.0m$62.0m
Diluted earnings per share2.411.161.571.090.910.761.340.92
Cash from operations$243.0m$53.0m$142.0m$197.0m$165.0m$141.0m$176.0m$130.0m
Capital spending−$54.0m−$25.0m−$51.0m−$51.0m−$29.0m−$18.0m−$51.0m−$22.0m
Free cash flow$189.0m$28.0m$91.0m$146.0m$136.0m$123.0m$125.0m$108.0m
Total assets$8.94bn$8.73bn$8.80bn$8.78bn$8.83bn$8.56bn$8.59bn$9.02bn
Cash and short-term investments$611.0m$569.0m$675.0m$697.0m$674.0m$655.0m$714.0m$861.0m
Debt$3.94bn$4.05bn$4.20bn$4.33bn$4.44bn$4.49bn$4.57bn$4.84bn
Shareholders' equity$2.99bn$2.81bn$2.72bn$2.60bn$2.55bn$2.35bn$2.32bn$2.40bn

Financial ratios

Data as of 28 Sept 2026

FY2025FY2024FY2023FY2022FY2021FY2020
Gross margin40.4%47.6%45.3%43.6%46.8%45.0%
Operating margin14.4%13.9%-42.9%17.4%23.7%19.5%
Net margin7.5%5.3%-50.8%9.4%18.7%15.0%
Return on equity10.8%8.2%-74.5%7.4%19.1%14.8%
Return on assets3.4%2.2%-20.2%2.9%12.1%9.0%
Free cash flow yield4.5%3.7%2.3%4.0%5.0%4.1%
Revenue growth9.6%-1.0%2.1%20.2%26.6%22.6%
Earnings growth55.3%-110.3%-652.9%-39.6%57.4%149.3%
Current ratio2.71x3.19x3.18x2.93x4.67x4.83x
Debt to equity1.55x1.97x1.95x1.10x0.29x0.36x
Equity ratio30.9%27.0%27.1%39.0%63.6%60.5%
Interest coverage2.67x1.44x-4.37x3.49x27.96x15.66x
R&D as a share of sales7.6%7.6%8.0%6.8%6.8%7.4%
Buybacks as a share of market value-0.4%-0.9%-0.6%-19.7%-0.4%-0.2%

Growth per year

Compound annual rate

3 years5 years10 years
Revenue3.5%11.0%17.1%
Operating income-2.9%4.5%13.7%
Net income-4.0%-3.4%9.2%

Average margins

Over each period

1 year3 years5 years10 years
Gross margin43.9%44.2%44.7%44.9%
Operating margin14.1%0.9%6.4%9.8%
Net margin6.5%-7.0%-0.6%3.5%

Valuation history

At each fiscal year end

FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Price to earnings36.837.2-3.817.017.623.943.48.915.430.9
Price to sales2.82.01.91.63.33.63.21.72.72.5

Market value over time

31 Oct 2016 to 25 Sept 2026, in USD

$2.74bn$18.96bn

Share price return

Finished calendar years

2025202420232022202120202019201820172016
Return51%6%22%-48%5%33%82%-37%64%68%

Dividends and splits

Per share, in the currency the company pays

Paid for 15 years. Last went ex-dividend on 25 Aug 2026.

FY2026FY2025FY2024FY2023FY2022FY2021FY2020FY2019
Paid in the year0.750.880.880.880.880.860.800.80

Sources and methodology

Data on this tab
Our data supplier
Chart on the Overview
TradingView

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