Entegris

Manufacturing & Industrial Technology manufacturing equipment microelectronics semiconductors

Entegris, Inc. is a provider of products and systems that purify, protect, and transport critical materials used in the semiconductor device fabrication process. The Company seeks to help manufacturers increase their yields by improving contamination control in several key processes, including photolithography, wet etching & cleaning, chemical-mechanical planarization, thin-film deposition, bulk chemical processing, wafer and reticle handling and shipping, and testing, assembly, and packaging. Entegris products include: filtration products that purify process gases and fluids, as well as the ambient environment; liquid systems and components that dispense, control, or transport process fluids; high-performance materials and specialty gas management solutions; wafer carriers and shippers that protect the semiconductor wafer from contamination and breakage; and specialized graphite, silicon carbide, and coatings.

Revenue(Q1, 2017)

$317.4 M

Market capitalization(2017-08-17)

$3.4 B

Customers(FY, 2016)

2.3 K

Company Growth (employees)

Type

Public

Billerica, US

Founded

1966

Size (employees)

3,542 (est)

Website

entegris.com

Entegris was founded in 1966 and is headquartered in Billerica, US

Entegris Office Locations

Entegris has an office in Billerica

Billerica, US (HQ)

129 Concord Rd

Entegris Data and Metrics

Entegris Financial Metrics

Entegris's revenue was reported to be $317.4 m in Q1, 2017

Summary

USD

Entegris's current market capitalization is $3.4 b.

Source: SEC Filings , SEC Filings

Income Statement

Annual

USD	FY, 2013	FY, 2014	FY, 2015	FY, 2016
Revenue	693.5 m	962.1 m	1.1 b	1.2 b
Revenue growth, %		39%	12%	9%
Cost of goods sold	399.2 m	585.4 m	610.9 m	666.6 m
Gross profit	294.2 m	376.7 m	470.2 m	508.7 m
Gross profit Margin, %	42%	39%	43%	43%
General and administrative expense				201.9 m
Operating expense total				201.9 m
EBIT	94.2 m	21.4 m	118.1 m	155.5 m
EBIT margin, %	14%	2%	11%	13%
Interest expense	153 k	33.4 m	38.7 m	36.8 m
Interest income	(317 k)	(1.3 m)	(429 k)	(318 k)
Income tax expense	21.7 m	(21.6 m)	10.2 m	22.9 m
Net Income	74.5 m	7.9 m	80.3 m	97.1 m

Quarterly

USD	Q2, 2014	Q3, 2014	Q1, 2015	Q2, 2015	Q3, 2015	Q1, 2016	Q2, 2016	Q3, 2016	Q1, 2017
Revenue	251.6 m	273.1 m	263.4 m	280.7 m	270.3 m	267 m	303.1 m	296.7 m	317.4 m
Cost of goods sold	162.9 m	174.3 m	146.8 m	152.6 m	153.9 m	152.3 m	163.8 m	173.7 m	177.8 m
Gross profit	88.7 m	98.7 m	116.5 m	128.1 m	116.3 m	114.7 m	139.2 m	123 m	139.6 m
Gross profit Margin, %	35%	36%	44%	46%	43%	43%	46%	41%	44%
General and administrative expense	82.3 m	55.8 m	50.9 m	50.3 m	46.7 m	48 m	53.6 m	51.6 m	50.5 m
Operating expense total	82.3 m	55.8 m	50.9 m	50.3 m	46.7 m	48 m	53.6 m	51.6 m	50.5 m
EBIT	(23.4 m)	5.4 m	27.5 m	39.3 m	31.1 m	29.6 m	46.4 m	34.7 m	50.9 m
EBIT margin, %	(9%)	2%	10%	14%	11%	11%	15%	12%	16%
Interest expense	12.5 m	10.4 m	9.8 m	9.8 m	9.3 m	9.2 m	9.1 m	9.5 m	8.5 m
Interest income	(192 k)	(347 k)	(213 k)	(37 k)	(90 k)	(69 k)	(41 k)	(123 k)	(80 k)
Pre tax profit	(37.1 m)								41.6 m
Income tax expense	(22.4 m)	(3.8 m)	4.7 m	6.2 m	4 m	4.9 m	5.5 m	3.9 m	9.1 m
Net Income	(14.7 m)	(1.1 m)	14.9 m	24.4 m	23.4 m	16.2 m	32.9 m	21.9 m	32.5 m

Source: SEC Filings

Balance Sheet

Annual

USD	FY, 2013	FY, 2014	FY, 2015	FY, 2016
Cash	384.4 m	389.7 m	349.8 m	406.4 m
Accounts Receivable				25.4 m
Inventories	94.1 m	163.1 m	173.2 m	183.5 m
Current Assets	612.3 m	765.7 m	710.8 m	800.1 m
PP&E	186.4 m	313.6 m	321.3 m	321.6 m
Goodwill	12.3 m	340.7 m	342.1 m	345.3 m
Total Assets	875.3 m	1.8 b	1.7 b	1.7 b
Accounts Payable	38.4 m	57.4 m	36.9 m	61.6 m
Current Liabilities	97.6 m	262.5 m	175.6 m	261.6 m
Additional Paid-in Capital	819.6 m	830.4 m	848.7 m	859.8 m
Retained Earnings	(88.6 m)	(80.7 m)	(416 k)	92.3 m
Total Equity	756.8 m	748.4 m	802.9 m	899.2 m
Financial Leverage	1.2 x	2.4 x	2.1 x	1.9 x

Quarterly

USD	Q2, 2014	Q3, 2014	Q1, 2015	Q2, 2015	Q3, 2015	Q1, 2016	Q2, 2016	Q3, 2016	Q1, 2017
Cash	367 m	390.5 m	341.4 m	313.7 m	301.1 m	344.4 m	373.7 m	411.8 m	391.2 m
Inventories	191.2 m	164.6 m	166.2 m	184.7 m	188.4 m	184 m	181.1 m	186 m	188.3 m
Current Assets	805.5 m	782.9 m	746.3 m	726.6 m	724.2 m	719.8 m	772.2 m	801 m	791.8 m
Goodwill	328.4 m	336.3 m	347.6 m	345.5 m	341.3 m	343.3 m	343.3 m	350 m	349.1 m
Total Assets	1.9 b	1.8 b	1.7 b	1.7 b	1.7 b	1.7 b	1.7 b	1.7 b	1.7 b
Accounts Payable	69.9 m	67.1 m	56 m	58.1 m	53.8 m	47.6 m	49.6 m	54 m	54.5 m
Current Liabilities	168.3 m	173.3 m	228 m	167.9 m	209.1 m	161.7 m	187.1 m	237.7 m	236.2 m
Additional Paid-in Capital	823.1 m	826.4 m	831.3 m	834.5 m	839.4 m	847.7 m	853.5 m	857 m	858.4 m
Retained Earnings	(89 m)	(90 m)	(65.8 m)	(41.4 m)	(18 m)	14 m	46.9 m	68.8 m	123.4 m
Total Equity	765.2 m	758.3 m	754.5 m	777.6 m	770.1 m	821.8 m	861.2 m	897.2 m	945.1 m
Financial Leverage	2.4 x	2.4 x	2.3 x	2.2 x	2.2 x	2 x	2 x	1.9 x	1.8 x

Source: SEC Filings

Cash Flow

Annual

USD	FY, 2013	FY, 2014	FY, 2015	FY, 2016
Net Income	74.5 m	7.9 m	80.3 m	97.1 m
Depreciation and Amortization	29.5 m	46.6 m	54.3 m	44.3 m
Accounts Receivable	(13.4 m)	(4.8 m)	5.2 m	(25.3 m)
Inventories	(441 k)	(12 m)	(27 m)	(19.9 m)
Accounts Payable	(4.4 m)	14.3 m	(28.7 m)	31.3 m
Cash From Operating Activities	109.4 m	126.4 m	120.9 m	207.6 m
Purchases of PP&E	(60.4 m)	(57.7 m)	(72 m)	(65.3 m)
Cash From Investing Activities	(47 m)	(860.3 m)	(63.6 m)	(66.7 m)
Long-term Borrowings		(88.7 m)	(100 m)	(75 m)
Cash From Financing Activities	(3.9 m)	747.6 m	(92.8 m)	(81.7 m)
Interest Paid	72 k	21.9 m	35.1 m	32.1 m

Quarterly

USD	Q2, 2014	Q3, 2014	Q1, 2015	Q2, 2015	Q3, 2015	Q1, 2016	Q2, 2016	Q3, 2016	Q1, 2017
Net Income	(14.7 m)	(1.1 m)	14.9 m	24.4 m	23.4 m	16.2 m	32.9 m	21.9 m	32.5 m
Depreciation and Amortization	9.4 m	13.1 m	12.3 m	11.9 m	11.7 m	11.3 m	11.1 m	11 m	10.9 m
Inventories	191.2 m	164.6 m	166.2 m	184.7 m	188.4 m	184 m	181.1 m	186 m	188.3 m
Accounts Payable	69.9 m	67.1 m	56 m	58.1 m	53.8 m	47.6 m	49.6 m	54 m	54.5 m

Ratios

	Y, 2017
Financial Leverage	1.8 x

Entegris Operating Metrics

Entegris's Customers was reported to be 2.3 k in FY, 2016, which is a 4% decrease from the previous period

	FY, 2014	Q1, 2015	Q2, 2015	Q3, 2015	FY, 2015	Q1, 2016	Q2, 2016	Q3, 2016	FY, 2016	Q1, 2017
Customers	2.4 k				2.4 k				2.3 k
Patents (US)	641				643				639
Patents (foreign)	1.27 k				1.32 k				1.36 k
Patents Pending	1.32 k				1.44 k				1.31 k
Products	19 k	19 k	19 k	19 k	20 k	20 k	20 k	20 k	20 k	20 k

Source: SEC Filings

Entegris Market Value History

Entegris Revenue Breakdown

Entegris Median Salaries

Source: 40 public H-1B filings from Entegris

Market Position of Entegris

Competitors

Entegris

Company Growth (employees)

Entegris Office Locations

Entegris Data and Metrics

Entegris Financial Metrics

Summary

Revenue (Q1, 2017)

Gross profit (Q1, 2017)

Gross profit margin (Q1, 2017), %

Net income (Q1, 2017)

EBIT (Q1, 2017)

Market capitalization (17-Aug-2017)

Cash (01-Apr-2017)

Income Statement

Revenue

Revenue growth, %

Cost of goods sold

Gross profit

Gross profit Margin, %

General and administrative expense

Operating expense total

EBIT

EBIT margin, %

Interest expense

Interest income

Income tax expense

Net Income

Revenue

Cost of goods sold

Gross profit

Gross profit Margin, %

General and administrative expense

Operating expense total

EBIT

EBIT margin, %

Interest expense

Interest income

Pre tax profit

Income tax expense

Net Income

Balance Sheet

Cash

Accounts Receivable

Inventories

Current Assets

PP&E

Goodwill

Total Assets

Accounts Payable

Current Liabilities

Additional Paid-in Capital

Retained Earnings

Total Equity

Financial Leverage

Cash

Inventories

Current Assets

Goodwill

Total Assets

Accounts Payable

Current Liabilities

Additional Paid-in Capital

Retained Earnings

Total Equity

Financial Leverage

Cash Flow

Net Income

Depreciation and Amortization

Accounts Receivable

Inventories

Accounts Payable

Cash From Operating Activities

Purchases of PP&E

Cash From Investing Activities

Long-term Borrowings

Cash From Financing Activities

Interest Paid

Net Income

Depreciation and Amortization

Inventories