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MKS Inc. provides foundational technology solutions to semiconductor manufacturing, electronics and packaging, and specialty industrial applications in the United States, China, South Korea, Japan, Taiwan, Singapore, and internationally. The company operates through Vacuum Solutions Division (VSD), Photonics Solutions Division (PSD), and Material Solutions Division (MSD) segments. Its VSD segment provides foundational technology solutions, including pressure measurement and control, flow measurement and control, gas and vapor delivery, gas composition analysis, electronic control technology, reactive gas generation and delivery, power generation and delivery, and fiber optic temperature and position sensing. The PSD segment offers range of solutions, which include lasers, photonics, optics, precision motion control, and vibration control. Its MSD segment develops, process, and manufactures technologies comprising advanced surface modification, electroless and electrolytic plating, and surface finishing for chemistry, equipment, and services markets, as well as high-technology applications. In addition, the company sells its products and services through direct sales, network of independent distributors, and sales representatives, as well as websites, including product catalogs. MKS Inc. was formerly known as MKS Instruments, Inc. and changed its name to MKS Inc. in May 2025. The company was incorporated in 1961 and is based in Andover, Massachusetts.
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| Breakdown | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|---|
| Type | yearly | yearly | yearly | yearly | yearly |
| Date | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
| Income before tax | 304.00M | 180.00M | -1928.00M | 433.00M | 665.50M |
| Net income | 295.00M | 190.00M | -1841.00M | 333.00M | 551.40M |
| Selling general administrative | 724.00M | 674.00M | 683.00M | 488.00M | 385.10M |
| Gross profit | 1590.00M | 1708.00M | 1642.00M | 1547.00M | 1380.20M |
| Reconciled depreciation | 344.00M | 348.00M | 397.00M | 216.00M | 104.10M |
| Ebit | 516.00M | 522.00M | -1554.00M | 617.00M | 698.90M |
| Ebitda | 860.00M | 870.00M | -1554.00M | 881.00M | 835.90M |
| Depreciation and amortization | 344.00M | 348.00M | 397.00M | 264.00M | 137.00M |
| Non operating income net other | - | - | - | -7.00M | -8.00M |
| Operating income | 565.00M | 498.00M | -1554.00M | 617.00M | 698.90M |
| Other operating expenses | 3366.00M | 3088.00M | 2943.00M | 2875.00M | 2209.80M |
| Interest expense | 212.00M | 345.00M | 356.00M | 177.00M | 25.40M |
| Tax provision | 9.00M | -10.00M | -64.00M | 100.00M | 114.10M |
| Interest income | 31.00M | 79.00M | 12.00M | 4.00M | 0.60M |
| Net interest income | -200.00M | -268.00M | -338.00M | -173.00M | -24.80M |
| Non recurring | - | - | - | 55.00M | 40.90M |
| Income tax expense | 9.00M | -10.00M | -87.00M | 100.00M | 114.10M |
| Total revenue | 3931.00M | 3586.00M | 3622.00M | 3547.00M | 2949.60M |
| Total operating expenses | 1023.00M | 1210.00M | 963.00M | 875.00M | 640.40M |
| Cost of revenue | 2341.00M | 1878.00M | 1980.00M | 2000.00M | 1569.40M |
| Total other income expense net | -261.00M | -318.00M | -374.00M | -184.00M | -33.40M |
| Net income from continuing ops | 295.00M | 190.00M | -1718.00M | 333.00M | 551.40M |
| Net income applicable to common shares | - | - | - | 333.00M | 551.40M |
| Breakdown | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|---|
| Type | yearly | yearly | yearly | yearly | yearly |
| Date | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
| Total assets | 8796.00M | 8590.00M | 9118.00M | 11495.00M | 4540.30M |
| Intangible assets | 2140.00M | 2272.00M | 2619.00M | 3173.00M | 576.00M |
| Other current assets | 263.00M | 252.00M | 201.00M | 187.00M | 85.30M |
| Total liab | 6077.00M | 6268.00M | 6646.00M | 7012.00M | 1653.70M |
| Total stockholder equity | 2719.00M | 2322.00M | 2472.00M | 4483.00M | 2886.60M |
| Deferred long term liab | - | - | - | 783.00M | 99.10M |
| Other current liab | 469.00M | 320.00M | 321.00M | 313.00M | 228.20M |
| Common stock | - | - | - | - | 0.10M |
| Capital stock | 0.00M | 0.00M | 0.00M | 0.00M | 0.10M |
| Retained earnings | 711.00M | 503.00M | 373.00M | 2272.00M | 1991.00M |
| Other liab | - | - | - | 1011.00M | 192.40M |
| Good will | 2574.00M | 2479.00M | 2554.00M | 4308.00M | 1228.20M |
| Other assets | - | - | - | 186.00M | 73.00M |
| Cash | 675.00M | 714.00M | 875.00M | 909.00M | 966.30M |
| Total current liabilities | 927.00M | 775.00M | 848.00M | 952.00M | 460.80M |
| Current deferred revenue | - | 71.00M | 77.00M | 94.00M | 37.50M |
| Net debt | 4018.00M | 4097.00M | 4149.00M | 4259.00M | 61.20M |
| Short term debt | 51.00M | 81.00M | 123.00M | 119.00M | 27.00M |
| Short long term debt | 51.00M | 50.00M | 93.00M | 93.00M | 9.00M |
| Short long term debt total | 4693.00M | 4780.00M | 5024.00M | 5168.00M | 1027.50M |
| Other stockholder equity | 2101.00M | 2067.00M | 2195.00M | 2142.00M | 906.70M |
| Property plant equipment | - | - | - | 800.00M | 509.60M |
| Total current assets | 2510.00M | 2474.00M | 2696.00M | 2794.00M | 2147.30M |
| Long term investments | - | - | - | - | 6.20M |
| Net tangible assets | - | - | - | -2998.00M | 1082.40M |
| Short term investments | - | - | 0.00M | 1.00M | 76.40M |
| Net receivables | 651.00M | 615.00M | 629.00M | 720.00M | 442.60M |
| Long term debt | 4150.00M | 4488.00M | 4696.00M | 4834.00M | 807.90M |
| Inventory | 921.00M | 893.00M | 991.00M | 977.00M | 576.70M |
| Accounts payable | 407.00M | 341.00M | 327.00M | 426.00M | 168.10M |
| Accumulated other comprehensive income | -93.00M | -248.00M | -96.00M | 69.00M | -11.20M |
| Common stock total equity | - | - | - | - | 0.10M |
| Retained earnings total equity | - | - | - | 2272.00M | 1991.00M |
| Non currrent assets other | 492.00M | 356.00M | 174.00M | 186.00M | 73.00M |
| Non current assets total | 6286.00M | 6116.00M | 6422.00M | 8701.00M | 2393.00M |
| Capital lease obligations | 246.00M | 242.00M | 235.00M | 241.00M | 210.60M |
| Long term debt total | - | 4488.00M | - | 4834.00M | 807.90M |
| Breakdown | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|---|
| Type | yearly | yearly | yearly | yearly | yearly |
| Date | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
| Investments | - | -117.00M | -102.00M | -4552.00M | 150.50M |
| Change to liabilities | - | - | - | 86.00M | 55.50M |
| Total cashflows from investing activities | -145.00M | -117.00M | -84.00M | -4552.00M | -204.60M |
| Net borrowings | -451.00M | -266.00M | -187.00M | 4026.00M | -14.20M |
| Total cash from financing activities | -562.00M | -549.00M | -259.00M | 3971.00M | -64.90M |
| Change to operating activities | - | - | - | 3.00M | -71.50M |
| Net income | 295.00M | 190.00M | -1841.00M | 333.00M | 551.40M |
| Change in cash | -39.00M | -161.00M | -34.00M | -57.00M | 358.00M |
| Begin period cash flow | 714.00M | 875.00M | 909.00M | 966.00M | 608.30M |
| End period cash flow | 675.00M | 714.00M | 875.00M | 909.00M | 966.30M |
| Total cash from operating activities | 645.00M | 528.00M | 319.00M | 529.00M | 639.50M |
| Depreciation | 344.00M | 348.00M | 397.00M | 216.00M | 104.10M |
| Other cashflows from investing activities | - | 1.00M | 3.00M | -4464.00M | -268.40M |
| Dividends paid | 59.00M | 59.00M | 59.00M | -52.00M | -47.60M |
| Change to inventory | -50.00M | 20.00M | -76.00M | -236.00M | -91.70M |
| Change to account receivables | -16.00M | -36.00M | 114.00M | -4.00M | -52.70M |
| Sale purchase of stock | -45.00M | 0.00M | 0.00M | - | - |
| Other cashflows from financing activities | -3.00M | -224.00M | -13.00M | 4987.00M | -2.10M |
| Change to netincome | - | - | - | 29.00M | 53.20M |
| Capital expenditures | 148.00M | 118.00M | 87.00M | 164.00M | 86.70M |
| Change receivables | - | - | - | -4.00M | -52.70M |
| Cash flows other operating | - | - | - | 49.00M | 16.70M |
| Cash and cash equivalents changes | - | - | - | -52.00M | 369.80M |
| Change in working capital | 75.00M | 4.00M | -99.00M | -157.00M | -71.50M |
| Stock based compensation | 55.00M | 48.00M | 54.00M | 45.00M | 36.70M |
| Other non cash items | 72.00M | 164.00M | 2042.00M | 138.00M | 17.60M |
| Free cash flow | 497.00M | 410.00M | 232.00M | 365.00M | 552.80M |
Sector: Technology Industry: Scientific & Technical Instruments
|
Stock Name
|
Change
(USD) |
Price
(USD) |
Trailing
PE (x) |
Forward
PE (x) |
Price Sales
TTM (x) |
Price to Book Value (x)
|
Enterprise Value
to Revenue (x) |
Enterprise Value
to EBITDA (x) |
|---|---|---|---|---|---|---|---|---|
| MKSI MKS Instruments Inc |
15.45 8.74% |
192.27 | 38.14 | 10.36 | 3.60 | 5.42 | 4.54 | 19.35 |
| KYCCF Keyence |
10.00 2.27% |
450.00 | 41.66 | 38.76 | 0.11 | 5.69 | 0.10 | 0.19 |
| COHR Coherent Corp |
23.05 13.58% |
192.81 | 333.78 | 46.73 | 10.24 | 7.63 | 10.78 | 62.92 |
| GRMN Garmin Ltd |
-0.83 0.29% |
285.57 | 28.91 | 24.45 | 7.01 | 5.99 | 6.72 | 22.32 |
| KEYS Keysight Technologies Inc |
0.36 0.13% |
272.13 | 42.58 | 20.00 | 8.11 | 8.16 | 8.17 | 28.06 |
MKS Inc. provides foundational technology solutions to semiconductor manufacturing, electronics and packaging, and specialty industrial applications in the United States, China, South Korea, Japan, Taiwan, Singapore, and internationally. The company operates through Vacuum Solutions Division (VSD), Photonics Solutions Division (PSD), and Material Solutions Division (MSD) segments. Its VSD segment provides foundational technology solutions, including pressure measurement and control, flow measurement and control, gas and vapor delivery, gas composition analysis, electronic control technology, reactive gas generation and delivery, power generation and delivery, and fiber optic temperature and position sensing. The PSD segment offers range of solutions, which include lasers, photonics, optics, precision motion control, and vibration control. Its MSD segment develops, process, and manufactures technologies comprising advanced surface modification, electroless and electrolytic plating, and surface finishing for chemistry, equipment, and services markets, as well as high-technology applications. In addition, the company sells its products and services through direct sales, network of independent distributors, and sales representatives, as well as websites, including product catalogs. MKS Inc. was formerly known as MKS Instruments, Inc. and changed its name to MKS Inc. in May 2025. The company was incorporated in 1961 and is based in Andover, Massachusetts.
| Name | Title | Year Born |
|---|---|---|
| Dr. John T. C. Lee | Pres, CEO & Director | 1963 |
| Mr. Seth H. Bagshaw | Sr. VP, CFO & Treasurer | 1960 |
| Ms. Kathleen F. Burke | Sr. VP, Gen. Counsel & Sec. | 1965 |
| Dr. Mark Milton Gitin | Sr. VP and GM of Photonics Solutions Division | 1967 |
| Mr. James Alan Schreiner | Sr. VP & COO of Materials Solutions Division | 1962 |
| Mr. David Philip Henry | Sr. VP of Operations & Corp. Marketing | 1972 |
| Mr. David Ryzhik | VP of Investor Relations | NA |
| Maryann Naddy | Sr. Director of Corp. Marketing | NA |
| Ms. Jennifer J. Reilly | Sr. VP & Chief HR Officer | NA |
| Mr. Eric Robert Taranto | Sr. VP & GM of Vacuum Solutions Division | 1968 |
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