OverviewSuggest Edit

CMC Materials (formerly Cabot Microelectronics) is a supplier of critical materials to semiconductor manufacturers and pipeline operators. The company develops, produces, and sells chemical mechanical planarization (CMP) slurries and pads for polishing a variety of conducting, insulating, and isolating materials used in integrated circuit (IC) devices, as well as for polishing disk substrates and magnetic heads used in hard disk drives. It also offers electronic chemicals to etch and clean silicon wafers in the production of semiconductors, photovoltaics, and flat panel displays.

TypePublic
Founded2000
HQAurora, IL, US
Websitecmcmaterials.com
Employee Ratings4.1
Overall CultureA+

Latest Updates

Employees (est.) (Sept 2020)2,082(+2%)
Job Openings115
Revenue (FY, 2020)$1.1 B(+8%)
Share Price (Sept 2021)$132.5
Cybersecurity ratingBMore

Key People/Management at CMC Materials

David H. Li

David H. Li

President and Chief Executive Officer, Director
Colleen E. Mumford

Colleen E. Mumford

Vice President, Communications and Marketing
Scott D. Beamer

Scott D. Beamer

Vice President and Chief Financial Officer
H. Carol Bernstein

H. Carol Bernstein

Vice President, Secretary and General Counsel
Jeffrey M. Dysard

Jeffrey M. Dysard

Vice President and President of Performance Materials
Daniel D. Woodland

Daniel D. Woodland

Vice President and President of Electronic Materials
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CMC Materials Office Locations

CMC Materials has offices in Aurora, Hillsboro, Shanghai, Johor Bahru and in 4 other locations
Aurora, IL, US (HQ)
870 N Commons Dr
Aurora, IL, US
500 N Commons Dr
Aurora, IL, US
845 Enterprise St
Hillsboro, OR, US
5825 NE Pinefarm Ct #200
Shanghai, CN
233 Taicang Road, Platinum Tower, Suite 2201
Johor Bahru, MY
Jalan Setia Tropika 15, Setia Tropika
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CMC Materials Financials and Metrics

CMC Materials Revenue

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CMC Materials's revenue was reported to be $1.12 b in FY, 2020 which is a 7.6% increase from the previous period.
USD

Revenue (Q3, 2021)

309.5m

Gross profit (Q3, 2021)

129.2m

Gross profit margin (Q3, 2021), %

41.7%

Net income (Q3, 2021)

33.6m

EBIT (Q3, 2021)

56.2m

Market capitalization (9-Sept-2021)

3.9b

Closing stock price (9-Sept-2021)

132.5

Cash (30-Jun-2021)

228.5m

EV

4.6b
CMC Materials's current market capitalization is $3.9 b.
Annual
USDFY, 2018FY, 2019FY, 2020

Revenue

590.1k1.0b1.1b

Revenue growth, %

16%175744%8%

Cost of goods sold

276.0k595.0m627.7m

Gross profit

314.1k442.7m488.6m
Quarterly
USDQ1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020Q1, 2021Q2, 2021Q3, 2021

Revenue

221.8m265.4m271.9m283.1m284.2m274.7m287.9m290.5m309.5m

Cost of goods sold

122.4m150.6m156.5m154.5m163.1m153.0m165.0m166.8m180.3m

Gross profit

99.3m114.8m115.4m128.7m121.1m121.8m122.9m123.7m129.2m

Gross profit Margin, %

45%43%42%45%43%44%43%43%42%
Annual
USDFY, 2018FY, 2019FY, 2020

Cash

352.9m188.5m257.4k

Accounts Receivable

75.9m146.1m134.0k

Prepaid Expenses

22.0m28.7m26.6k

Inventories

71.9m145.3m159.1k
Annual
USDFY, 2018FY, 2019FY, 2020

Net Income

110.0m39.2m142.8m

Depreciation and Amortization

25.9m98.6m127.7m

Inventories

(442.0k)(21.0m)(12.3m)

Accounts Payable

128.0k1.2m(2.9m)
Quarterly
USDQ1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020Q1, 2021Q2, 2021Q3, 2021

Net Income

13.4m40.6m59.5m38.5m71.4m106.0m31.5m(118.3m)(84.6m)

Depreciation and Amortization

16.5m43.9m70.5m31.6m64.2m95.5m31.9m64.2m98.1m

Inventories

(7.4m)(21.1m)(19.5m)(10.0m)(13.1m)(16.4m)4.0m(1.4m)(7.8m)

Accounts Payable

7.8m(429.0k)(1.6m)(5.6m)(1.1m)(5.6m)1.2m5.3m8.7m
USDFY, 2018

Revenue/Employee

500.5

Financial Leverage

1.2 x

P/E Ratio

24.6
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CMC Materials Operating Metrics

FY, 2018FY, 2019FY, 2020

Patents

1.32 k1.32 k1.3 k

Patents (US)

276284268

Patent Applications

410357344

Patent Applications (US)

455145
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CMC Materials Acquisitions / Subsidiaries

Company NameDateDeal Size
International Test SolutionsApril 01, 2021
KMG ChemicalsNovember 15, 2018$1.54 b
NexPlanarDecember 28, 2015
Epoch MaterialMarch 03, 2009$66 m
QED TechnologiesJune 15, 2006
Cabot Microelectronics B.V.
Cabot Microelectronics Global Corporation
Cabot Microelectronics Japan KK
Cabot Microelectronics Singapore Pte. Ltd.(Singapore)
Epoch Material Co., Ltd.
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CMC Materials Revenue Breakdown

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CMC Materials revenue breakdown by business segment: 79.1% from Electronic Materials and 20.9% from Performance Materials

CMC Materials revenue breakdown by geographic segment: 49.0% from Asia, 35.8% from North America, 15.1% from Europe, Middle East, and Africa and 0.0% from Other

CMC Materials Cybersecurity Score

Cybersecurity ratingPremium dataset

B

86/100

SecurityScorecard logo

CMC Materials Online and Social Media Presence

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CMC Materials Company Culture

  • Overall Culture

    A+

    85/100

  • CEO Rating

    A+

    80/100

  • Compensation

    A+

    100/100

Learn more on Comparably

CMC Materials News and Updates

Is CMC Materials Stock A Buy At $120 Levels?

We believe that CMC Materials stock, a supplier of polishing slurries and polishing pads used in the semiconductor industry, is a good buying opportunity at the present time. CCMP stock trades near $120 currently and it is, in fact, down 28% from its pre-Covid high of around $167 in March 2020...

CMC Materials Reports Record Revenue for the Third Quarter of Fiscal 2021

AURORA, Ill., Aug. 04, 2021 (GLOBE NEWSWIRE) -- CMC Materials, Inc. (Nasdaq: CCMP), a leading global supplier of consumable materials primarily to semiconductor manufacturers, today reported financial results for its third quarter of fiscal 2021, which ended June 30, 2021.

CMC Materials to Release Financial Results for Third Quarter of Fiscal 2021 After Market Close on August 4, 2021

Aurora, IL, July 15, 2021 (GLOBE NEWSWIRE) -- CMC Materials, Inc. (Nasdaq: CCMP), a leading global supplier of consumable materials primarily to semiconductor manufacturers, announced the timing of its earnings release and conference call information for the third quarter of fiscal year 2021, whic…

CMC Materials Receives Favorable ITC Initial Determination Finding a Violation by DuPont in Patent Infringement Dispute

Aurora, IL, July 09, 2021 (GLOBE NEWSWIRE) -- CMC Materials, Inc. (Nasdaq: CCMP) (“CMC”), a leading global supplier of consumable materials primarily to semiconductor manufacturers, today announced a ruling in litigation related to the company’s intellectual property.  The litigation against DuPon…

CMC Materials Reports Record Revenue for the Second Quarter of Fiscal 2021 and Increases Full Year Guidance

AURORA, Ill., May 05, 2021 (GLOBE NEWSWIRE) -- CMC Materials, Inc. (Nasdaq: CCMP), a leading global supplier of consumable materials primarily to semiconductor manufacturers, today reported financial results for its second quarter of fiscal 2021, which ended March 31, 2021.

CMC Materials to Release Financial Results for Second Quarter of Fiscal 2021 After Market Close on May 5, 2021

Aurora, IL, April 15, 2021 (GLOBE NEWSWIRE) -- CMC Materials (Nasdaq: CCMP), a leading global supplier of consumable materials, primarily to semiconductor manufacturers, announced the timing of its earnings release and conference call information for the second quarter of fiscal year 2021, which e…
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CMC Materials Frequently Asked Questions

  • When was CMC Materials founded?

    CMC Materials was founded in 2000.

  • Who are CMC Materials key executives?

    CMC Materials's key executives are David H. Li, Colleen E. Mumford and Scott D. Beamer.

  • How many employees does CMC Materials have?

    CMC Materials has 2,082 employees.

  • What is CMC Materials revenue?

    Latest CMC Materials annual revenue is $1.1 b.

  • What is CMC Materials revenue per employee?

    Latest CMC Materials revenue per employee is $536.2 k.

  • Who are CMC Materials competitors?

    Competitors of CMC Materials include Versum Materials, DuPont and inTEST Corporation.

  • Where is CMC Materials headquarters?

    CMC Materials headquarters is located at 870 N Commons Dr, Aurora.

  • Where are CMC Materials offices?

    CMC Materials has offices in Aurora, Hillsboro, Shanghai, Johor Bahru and in 4 other locations.

  • How many offices does CMC Materials have?

    CMC Materials has 10 offices.