OverviewSuggest Edit

MKS Instruments is a company that provides instruments, subsystems, and process control solutions to measure, control, power, monitor, and analyse the critical parameters of manufacturing processes. It offers capacitance manometers, RF and microwave generators, vacuum flanges and fittings, gas analyzers, process automation controllers, and other products. The company serves manufacturers of capital equipment for semiconductor devices as well as medical equipment, pharmaceutical manufacturing, energy generation, and environmental monitoring sectors.
TypePublic
Founded1961
HQAndover, MA, US
Websitemksinst.com
Employee Ratings3.6
Overall CultureB+

Latest Updates

Employees (est.) (Dec 2020)5,800(+6%)
Job Openings148
Revenue (FY, 2020)$2.3 B(+23%)
Share Price (Sept 2021)$151.3
Cybersecurity ratingDMore

Key People/Management at MKS Instruments

John T.C. Lee

John T.C. Lee

President and Chief Executive Officer, Director
Seth H. Bagshaw

Seth H. Bagshaw

Senior Vice President, Chief Financial Officer and Treasurer
James A. Schreiner

James A. Schreiner

Senior Vice President and Chief Operating Officer
Jennifer J. Reilly

Jennifer J. Reilly

Senior Vice President, Chief Human Resources Officer
Kathleen F. Burke

Kathleen F. Burke

Senior Vice President, General Counsel and Secretary
Eric R. Taranto

Eric R. Taranto

Senior Vice President & General Manager, Vacuum & Analysis Division
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MKS Instruments Office Locations

MKS Instruments has offices in Andover, Austin, Beaverton, Broomfield and in 9 other locations
Andover, MA, US (HQ)
2 Tech Dr #201
Andover, MA, US
Six Shattuck Road
Austin, TX, US
1321 Rutherford Ln #200
Beaverton, OR, US
14523 SW Millikan Way
Broomfield, CO, US
11380 Reed Way
Milpitas, CA, US
1565 Barber Ln
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MKS Instruments Financials and Metrics

MKS Instruments Revenue

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MKS Instruments's revenue was reported to be $2.33 b in FY, 2020 which is a 22.6% increase from the previous period.
USD

Revenue (Q1, 2021)

693.9m

Gross profit (Q1, 2021)

322.1m

Gross profit margin (Q1, 2021), %

46.4%

Net income (Q1, 2021)

122.3m

EBIT (Q1, 2021)

155.5m

Market capitalization (14-Sept-2021)

8.4b

Closing stock price (14-Sept-2021)

151.3

Cash (31-Mar-2021)

699.8m

EV

8.7b
MKS Instruments's current market capitalization is $8.4 b.
Annual
USDFY, 2018FY, 2019FY, 2020

Revenue

2.1b1.9b2.3b

Revenue growth, %

8%(8%)23%

Cost of goods sold

1.1b1.1b1.3b

Gross profit

979.5m830.4m1.0b
Quarterly
USDQ1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020Q1, 2021

Revenue

463.6m474.1m462.5m535.7m544.3m589.8m693.9m

Cost of goods sold

265.4m263.1m257.4m296.1m298.0m327.8m371.8m

Gross profit

198.1m211.0m205.0m239.6m246.3m262.0m322.1m

Gross profit Margin, %

43%45%44%45%45%44%46%
Annual
USDFY, 2018FY, 2019FY, 2020

Cash

644.3m414.6m608.3m

Accounts Receivable

295.5m341.1m392.7m

Inventories

384.7m462.1m501.4m

Current Assets

1.5b1.4b1.8b
Quarterly
USDQ1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020Q1, 2021

Cash

418.0m366.9m386.3m442.0m428.9m493.3m699.8m

Accounts Receivable

336.0m313.5m328.0m381.0m381.1m363.9m420.8m

Inventories

475.6m479.5m463.3m474.2m490.2m494.2m515.2m

Current Assets

1.4b1.4b1.4b1.5b1.6b1.7b1.9b
Annual
USDFY, 2018FY, 2019FY, 2020

Net Income

392.9m140.4m350.1m

Depreciation and Amortization

79.9m110.0m99.2m

Inventories

(73.8m)(29.3m)(52.2m)

Accounts Payable

2.0m(24.2m)21.0m
Quarterly
USDQ1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020Q1, 2021

Net Income

12.5m50.2m97.6m69.1m142.8m234.5m122.3m

Depreciation and Amortization

25.2m52.7m79.9m28.4m52.5m75.8m23.8m

Inventories

(10.3m)(30.8m)(25.8m)(20.3m)(41.5m)(47.1m)(24.1m)

Accounts Payable

(17.3m)(24.7m)(24.0m)22.7m16.7m24.5m36.8m
USDFY, 2018

EV/EBIT

6.5 x

EV/CFO

7.7 x

Revenue/Employee

427.8k

Debt/Equity

0.2 x

Debt/Assets

0.1 x

Financial Leverage

1.4 x

P/E Ratio

9.0
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MKS Instruments Operating Metrics

MKS Instruments's Backlog was reported to be $500m in FY, 2019.
FY, 2018FY, 2019FY, 2020

Backlog

$400 m$500 m

Countries

100

Patents (US)

510724669

Patents Pending

8210798
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MKS Instruments Acquisitions / Subsidiaries

Company NameDateDeal Size
Electro Scientific IndustriesFebruary 01, 2019$1.03 b
Newport CorporationApril 28, 2016$980 m
PrecisiveApril 13, 2015$13 m
Brooks Automation - Granville-PhillipsMarch 18, 2014$87 m
Alter Power SystemsMarch 12, 2013
PlasmartAugust 30, 2012$22.6 m
Yield DynamicsNovember 08, 2007
Novx CorpOctober 11, 2006$2.6 m
Ion Systems, IncJanuary 03, 2006$68.1 m
UmetricsDecember 15, 2005$30.4 m
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MKS Instruments Revenue Breakdown

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MKS Instruments revenue breakdown by business segment: 60.3% from Vacuum & Analysis, 10.1% from Equipment & Solutions and 29.6% from Light & Motion

MKS Instruments revenue breakdown by geographic segment: 11.7% from China, 22.3% from Other Asia, 45.4% from United States, 8.5% from Europe and 12.0% from South Korea

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MKS Instruments Cybersecurity Score

Cybersecurity ratingPremium dataset

D

67/100

SecurityScorecard logo

MKS Instruments Online and Social Media Presence

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MKS Instruments Company Culture

  • Overall Culture

    B+

    74/100

  • CEO Rating

    B+

    73/100

  • Compensation

    A

    82/100

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MKS Instruments News and Updates

MKS Instruments further expands industry footprint in Asia

MKS Instruments (Andover, MA) has confirmed an order for the company’s ESIGeode via drilling system from high-density interconnection (HDI) printed circuit board (PCB) maker TTM Technologies (TTM) for its facility in Guangzhou, China. The financial terms of the order were not disclosed.

MKS Instruments' Ophir Optics European site receives AS9100D certification

Photonics solutions provider MKS Instruments (Andover, MA) has announced that its Ophir Optics Group facility in Europe (Bucharest, Romania) is now AS9100D-certified, as the company offers thermal imaging solutions for electro-optical system manufacturers in the global aerospace and defense markets.…

MKS Instruments Reports Second Quarter 2021 Financial Results

ANDOVER, Mass., July 28, 2021 (GLOBE NEWSWIRE) -- MKS Instruments, Inc. (NASDAQ: MKSI), a global provider of technologies that enable advanced processes and improve productivity, today reported second quarter 2021 financial results.

MKS Instruments Reports Second Quarter 2021 Financial Results

MKS Instruments, Inc. (NASDAQ: MKSI), a global provider of technologies that enable advanced processes and improve productivity, today reported second quarter 2021 financial results.

Photon Control Completes Acquisition by MKS Instruments

VANCOUVER, British Columbia, July 15, 2021 (GLOBE NEWSWIRE) -- Photon Control Inc. (“Photon Control” or the “Company”) (TSX: PHO), a leading developer and supplier of optical measurement technologies and systems, is pleased to announce that it has completed its previously announced plan of arrange…

MKS Instruments Announces Closing of Photon Control Acquisition

MKS Instruments, Inc. (NASDAQ: MKSI) (“MKS”), a global provider of technologies that enable advanced processes and improve productivity, today announced the completion of its previously announced acquisition of Photon Control Inc.
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MKS Instruments Blogs

MKS Instruments Reports First Quarter 2021 Financial Results

Record revenue of $694 million, up 30% year-over-year Record Non-GAAP net earnings of $143 million, up 68% year-over-year, and GAAP net income of $122 million, up 77% year-over-year Operating cash flow of $127 million, up 69% year-over-year, and free cash flow of $100 million, up 55% year-over-year

MKS Instruments Reports Third Quarter 2020 Financial Results

Record quarterly consolidated r evenue of   $590   million , up   28%   year-over-year Record q uarterly Semiconductor Market revenue of   $359 million , up   61%   year-over-year Quarterly n on-GAAP   net earnings per diluted share of   $1.93 ,   up   72%   year-over-year Quarterly GAAP   net

MKS Receives Two Innovation Awards in China for the Spectra-Physics® IceFyre® UV Picosecond Laser

MKS Receives Two Innovation Awards in China for the Spectra-Physics® IceFyre® UV Picosecond Laser Content Import Tue, 09/22/2020 - 16:06 MKS Receives Two Innovation Awards in China for the Spectra-Physics® IceFyre® UV Picosecond Laser Sep 22, 2020 This release…

MKS Instruments to Participate in Citi’s 2020 Global Technology Virtual Conference

ANDOVER, Mass. , Sept. 02, 2020 (GLOBE NEWSWIRE) -- MKS Instruments, Inc. (NASDAQ: MKSI), a global provider of technologies that enable advanced processes and improve productivity, announced today that Seth H. Bagshaw , Senior Vice President, Chief Financial Officer and Treasurer will participate

MKS Instruments to Participate in KeyBanc Capital Markets’ Future of Technology Series

ANDOVER, Mass. , Aug. 05, 2020 (GLOBE NEWSWIRE) -- MKS Instruments, Inc. (NASDAQ: MKSI), a global provider of technologies that enable advanced processes and improve productivity, announced today that Seth H. Bagshaw , Senior Vice President, Chief Financial Officer and Treasurer will participate in

MKS Instruments Reports Second Quarter 2020 Financial Results

Quarterly revenue of $544 million , up 15% year-over-year Quarterly Semiconductor Market revenue of $321 million , up 50% year-over-year, led by record revenue in our Power Solutions business Quarterly non-GAAP net earnings per diluted share of $1.62 , up 49% year-over-year Quarterly GAAP net
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MKS Instruments Frequently Asked Questions

  • When was MKS Instruments founded?

    MKS Instruments was founded in 1961.

  • Who are MKS Instruments key executives?

    MKS Instruments's key executives are John T.C. Lee, Seth H. Bagshaw and James A. Schreiner.

  • How many employees does MKS Instruments have?

    MKS Instruments has 5,800 employees.

  • What is MKS Instruments revenue?

    Latest MKS Instruments annual revenue is $2.3 b.

  • What is MKS Instruments revenue per employee?

    Latest MKS Instruments revenue per employee is $401.7 k.

  • Who are MKS Instruments competitors?

    Competitors of MKS Instruments include Bently Nevada, Advanced Energy and Ultra Clean Technology.

  • Where is MKS Instruments headquarters?

    MKS Instruments headquarters is located at 2 Tech Dr #201, Andover.

  • Where are MKS Instruments offices?

    MKS Instruments has offices in Andover, Austin, Beaverton, Broomfield and in 9 other locations.

  • How many offices does MKS Instruments have?

    MKS Instruments has 15 offices.