MKS Instruments was founded in 1961 and is headquartered in Andover, US

MKS Instruments has offices in Andover, Austin, Wilmington, Telford and in 11 other locations

Andover, US (HQ)

2 Tech Dr, Suite 201

Santa Clara, US

3635 Peterson Way

Methuen, US

651 Lowell St

Hellebæk, DK

119 G Nordre Strandvej

Longmont, US

6450 Dry Creek Dr

Daejeon, KR

543, Yongsan Dong

MKS Instruments's revenue was reported to be $437.2 m in Q1, 2017

USD

## Revenue (Q1, 2017) | 437.2 m |

## Gross profit (Q1, 2017) | 410.6 m |

## Gross profit margin (Q1, 2017), % | 94% |

## Net income (Q1, 2017) | 65.1 m |

## EBIT (Q1, 2017) | 83.6 m |

## Market capitalization (25-Jul-2017) | 4.4 b |

## Cash (31-Mar-2017) | 255.9 m |

MKS Instruments's current market capitalization is $4.4 b.

- Source: SEC Filings

USD | FY, 2013^{} | FY, 2014^{} | FY, 2015^{} | FY, 2016^{} |
---|---|---|---|---|

## Revenue | 669.4 m | 780.9 m | 813.5 m | 1.3 b |

## Revenue growth, % | 17% | 4% | 59% | |

## Cost of goods sold | 402.8 m | 443.1 m | 76.9 m | 729.7 m |

## Gross profit | 266.6 m | 337.8 m | 736.6 m | 565.6 m |

## Gross profit Margin, % | 40% | 43% | 91% | 44% |

## R&D expense | 110.6 m | |||

## General and administrative expense | 229.2 m | |||

## Operating expense total | 339.8 m | |||

## EBIT | 58.4 m | 135.1 m | 156.6 m | 157.3 m |

## EBIT margin, % | 9% | 17% | 19% | 12% |

## Interest expense | 85 k | 72 k | 143 k | 30.6 m |

## Interest income | 999 k | 1.3 m | 3 m | 2.6 m |

## Pre tax profit | 59.3 m | 136.4 m | 159.5 m | 128 m |

## Income tax expense | 23.5 m | 20.6 m | 37.2 m | 23.2 m |

## Net Income | 35.8 m | 115.8 m | 122.3 m | 104.8 m |

USD | Q2, 2014^{} | Q3, 2014^{} | Q1, 2015^{} | Q2, 2015^{} | Q3, 2015^{} | Q1, 2016^{} | Q2, 2016^{} | Q3, 2016^{} | Q1, 2017^{} |
---|---|---|---|---|---|---|---|---|---|

## Revenue | 184.7 m | 186.8 m | 213.8 m | 218 m | 209.3 m | 183.7 m | 325.9 m | 380.7 m | 437.2 m |

## Cost of goods sold | 17.5 m | 18.3 m | 18.1 m | 19.3 m | 19.4 m | 20.4 m | 26 m | 28.5 m | 26.5 m |

## Gross profit | 167.1 m | 168.5 m | 195.7 m | 198.6 m | 189.9 m | 163.3 m | 299.9 m | 352.2 m | 410.6 m |

## Gross profit Margin, % | 90% | 90% | 92% | 91% | 91% | 89% | 92% | 93% | 94% |

## R&D expense | 15.4 m | 15.8 m | 16.7 m | 17.6 m | 17.2 m | 17.2 m | 28.2 m | 32.3 m | 33.3 m |

## General and administrative expense | 32.2 m | 32.4 m | 30.9 m | 33.3 m | 33.4 m | 34 m | 71.4 m | 70.4 m | 74.2 m |

## Operating expense total | 47.7 m | 48.2 m | 47.5 m | 50.8 m | 50.6 m | 51.2 m | 99.6 m | 102.7 m | 107.5 m |

## EBIT | 30.7 m | 28.2 m | 47 m | 46 m | 41.4 m | 22.6 m | 19.2 m | 53 m | 83.6 m |

## EBIT margin, % | 17% | 15% | 22% | 21% | 20% | 12% | 6% | 14% | 19% |

## Interest expense | 12 k | 5 k | 37 k | 38 k | 57 k | 8.8 m | |||

## Interest income | 243 k | 399 k | 541 k | 828 k | 778 k | 1.2 m | 516 k | ||

## Pre tax profit | 30.9 m | 28.5 m | 47.5 m | 46.8 m | 42.1 m | 23.8 m | 12.4 m | 42.2 m | 77.3 m |

## Income tax expense | 9.7 m | (573 k) | 13.7 m | 13.6 m | 12.3 m | 6.2 m | 3.2 m | 9.7 m | 12.2 m |

## Net Income | 52.5 m | 81.6 m | 33.8 m | 67 m | 96.8 m | 17.6 m | 9.2 m | 32.5 m | 65.1 m |

- Source: SEC Filings

USD | FY, 2013^{} | FY, 2014^{} | FY, 2015^{} | FY, 2016^{} |
---|---|---|---|---|

## Cash | 288.9 m | 305.4 m | 227.6 m | 228.6 m |

## Accounts Receivable | 116.7 m | 106.4 m | 101.9 m | 248.8 m |

## Inventories | 142.7 m | 155.2 m | 152.6 m | 275.9 m |

## Current Assets | 879.2 m | 738.1 m | 939.5 m | 998.8 m |

## PP&E | 77.5 m | 72.8 m | 68.9 m | 174.6 m |

## Goodwill | 150.9 m | 192.4 m | 199.7 m | 588.6 m |

## Total Assets | 1.2 b | 1.2 b | 1.3 b | 2.2 b |

## Accounts Payable | 40.1 m | 34.2 m | 23.2 m | 69.3 m |

## Total Debt | 11 m | |||

## Current Liabilities | 128.4 m | 103.6 m | 91 m | 237.3 m |

## Total Liabilities | 970.5 m | |||

## Additional Paid-in Capital | 730.6 m | 734.7 m | 744.7 m | 777.5 m |

## Retained Earnings | 279 m | 349.1 m | 427.2 m | 494.7 m |

## Total Equity | 1 b | 1.1 b | 1.2 b | 1.2 b |

## Debt to Equity Ratio | 0 x | |||

## Debt to Assets Ratio | 0 x | |||

## Financial Leverage | 1.2 x | 1.1 x | 1.1 x | 1.8 x |

USD | Q2, 2014^{} | Q3, 2014^{} | Q2, 2015^{} | Q3, 2015^{} | Q1, 2016^{} | Q2, 2016^{} | Q3, 2016^{} | Q1, 2017^{} |
---|---|---|---|---|---|---|---|---|

## Cash | 262.8 m | 295.5 m | 178.3 m | 195.1 m | 357.9 m | 354.3 m | 366.9 m | 255.9 m |

## Accounts Receivable | 101.5 m | 106.3 m | 124.6 m | 116 m | 113.5 m | 234 m | 243.9 m | 267.2 m |

## Inventories | 155.9 m | 153.9 m | 165.6 m | 168.1 m | 151.7 m | 278.4 m | 279 m | 285.5 m |

## Current Assets | 763 m | 736.9 m | 687.7 m | 719.4 m | 959.1 m | 1 b | 1 b | 1 b |

## PP&E | 76 m | 73.6 m | 69.9 m | 69.2 m | 67.6 m | 184.2 m | 179.7 m | 169.8 m |

## Goodwill | 193.1 m | 193.1 m | 200.2 m | 199.6 m | 200 m | 592.6 m | 594.6 m | 590.5 m |

## Total Assets | 1.2 b | 1.2 b | 1.3 b | 1.3 b | 1.3 b | 2.2 b | 2.2 b | 2.2 b |

## Accounts Payable | 26.7 m | 30.8 m | 34.1 m | 26.3 m | 28.1 m | 61.5 m | 68.4 m | 70.5 m |

## Current Liabilities | 92.8 m | 104.9 m | 112 m | 107.6 m | 97.9 m | 207.7 m | 230.4 m | 230.4 m |

## Additional Paid-in Capital | 726.8 m | 730.1 m | 739.6 m | 741.4 m | 745.8 m | 765.4 m | 770.4 m | 783.4 m |

## Retained Earnings | 303.3 m | 323.6 m | 395.5 m | 413.4 m | 434.8 m | 434.9 m | 458.4 m | 550.4 m |

## Total Equity | 1 b | 1.1 b | 1.1 b | 1.1 b | 1.2 b | 1.2 b | 1.2 b | 1.3 b |

## Financial Leverage | 1.1 x | 1.2 x | 1.1 x | 1.1 x | 1.1 x | 1.9 x | 1.8 x | 1.7 x |

USD | FY, 2013^{} | FY, 2014^{} | FY, 2015^{} | FY, 2016^{} |
---|---|---|---|---|

## Net Income | 35.8 m | 115.8 m | 122.3 m | 104.8 m |

## Depreciation and Amortization | 17.1 m | 20.5 m | 22.1 m | 35.7 m |

## Accounts Receivable | (36 m) | 6.1 m | 2.3 m | (58.1 m) |

## Inventories | (30 m) | (21 m) | (15 m) | (13.8 m) |

## Accounts Payable | 23.2 m | (5.5 m) | (10.6 m) | 16.2 m |

## Cash From Operating Activities | 76.1 m | 101.9 m | 138.3 m | 180.1 m |

## Purchases of PP&E | (12.4 m) | (13.2 m) | (12.4 m) | (19.1 m) |

## Cash From Investing Activities | (36.5 m) | (24.8 m) | (167.4 m) | (727 m) |

## Dividends Paid | (34 m) | (34.9 m) | (36 m) | (36.4 m) |

## Cash From Financing Activities | (37.1 m) | (52.7 m) | (47.1 m) | 554.3 m |

## Interest Paid | 60 k | 44 k | 34 k | 20.8 m |

## Income Taxes Paid | 27.2 m | (32.7 m) | (8.5 m) | 30.9 m |

USD | Q2, 2014^{} | Q3, 2014^{} | Q1, 2015^{} | Q2, 2015^{} | Q3, 2015^{} | Q1, 2016^{} | Q2, 2016^{} | Q3, 2016^{} | Q1, 2017^{} |
---|---|---|---|---|---|---|---|---|---|

## Net Income | 52.5 m | 81.6 m | 33.8 m | 67 m | 96.8 m | 17.6 m | 9.2 m | 32.5 m | 65.1 m |

## Depreciation and Amortization | 9 m | 14.8 m | 5.5 m | 11.1 m | 16.6 m | 1.7 m | 8.9 m | 12.5 m | 12.5 m |

## Accounts Receivable | 15.8 m | 9.3 m | (19 m) | (18.8 m) | (11.4 m) | ||||

## Inventories | (11.8 m) | (14.5 m) | (12.8 m) | (18.5 m) | (25.2 m) | ||||

## Accounts Payable | (13.5 m) | (9.2 m) | 3.6 m | (26 k) | (7.5 m) | 28.1 m | 61.5 m | 68.4 m | 70.5 m |

## Cash From Operating Activities | 27.8 m | 67.7 m | 19.6 m | 58.2 m | 95.6 m | ||||

## Purchases of PP&E | (7.3 m) | (9.4 m) | (2.5 m) | (5.3 m) | (8.8 m) | ||||

## Cash From Investing Activities | (15.9 m) | (8.7 m) | (121.1 m) | (162.7 m) | (170.3 m) | ||||

## Cash From Financing Activities | (37.8 m) | (46 m) | (10.4 m) | (22.5 m) | (35.7 m) | ||||

## Income Taxes Paid | (17.2 m) | (26.8 m) | 2 m | 6.4 m | 10.5 m |

USD | Y, 2017 |
---|---|

## Revenue/Employee | 93.7 k |

## Financial Leverage | 1.7 x |

MKS Instruments's Backlog was reported to be $338 m in FY, 2016, which is a 263% increase from the previous period

- Source: SEC Filings