OverviewSuggest Edit

MKS Instruments is a provider of instruments, subsystems and process control solutions that measure, control, power, monitor and analyze critical parameters of advanced manufacturing processes to improve process performance and productivity. Its products are derived from its core competencies in pressure measurement and control, materials delivery, gas composition analysis, control and information technology, power and reactive gas generation, and vacuum technology. The Company's primary served markets are manufacturers of capital equipment for semiconductor devices, and for other thin film applications including flat panel displays, solar cells, light emitting diodes, data storage media, and other advanced coatings. MKS also leverages its technology in other markets with advanced manufacturing applications including medical equipment, pharmaceutical manufacturing, energy generation, and environmental monitoring.

TypePublic
Founded1961
HQAndover, US
Websitemksinst.com
Employee Ratings2.8

Latest Updates

Employees (est.) (Dec 2018)4,851(-1%)
Job Openings39
Revenue (FY, 2018)$2.1 B(+9%)
Share Price (Nov 2019)$110.4

MKS Instruments Office Locations

MKS Instruments has offices in Andover, Austin, Boulder, Bozeman and in 25 other locations
Andover, US (HQ)
2 Tech Dr #201
Andover, US
6 Shattuck Rd
Austin, US
1321 Rutherford Ln #200
Boulder, US
5330 Sterling Dr
Bozeman, US
31950 Frontage Rd
Franklin, US
8 Forge Pkwy
Show all (30)

MKS Instruments Financials and Metrics

MKS Instruments Revenue

Embed Graph
View revenue for all periods
MKS Instruments's revenue was reported to be $2.08 b in FY, 2018
USD

Revenue (Q2, 2019)

474.1m

Gross profit (Q2, 2019)

211.0m

Gross profit margin (Q2, 2019), %

44.5%

Net income (Q2, 2019)

37.7m

EBIT (Q2, 2019)

63.9m

Market capitalization (12-Nov-2019)

6.0b

Closing stock price (12-Nov-2019)

110.4

Cash (30-Jun-2019)

366.9m

EV

6.6b
MKS Instruments's current market capitalization is $6 b.
Annual
USDFY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018

Revenue

669.4m780.9m813.5m1.3b1.9b2.1b

Revenue growth, %

17%4%59%48%

Cost of goods sold

402.8m443.1m450.7m729.7m1.0b1.1b

Gross profit

266.6m337.8m362.9m565.6m891.5m979.5m
Quarterly
USDQ3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019

Revenue

166.5m206.4m184.7m186.8m213.8m218.0m209.3m183.7m325.9m380.7m437.2m480.8m486.3m554.3m1.1b487.2m463.6m474.1m

Cost of goods sold

16.4m16.8m17.5m18.3m18.1m19.3m19.4m20.4m26.0m28.5m26.5m31.9m33.1m30.1m589.7m255.3m265.4m263.1m

Gross profit

150.0m189.6m167.1m168.5m195.7m198.6m189.9m163.3m299.9m352.2m410.6m448.9m453.2m524.2m537.7m231.9m198.1m211.0m

Gross profit Margin, %

90%92%90%90%92%91%91%89%92%93%94%93%93%95%48%48%43%45%
Annual
USDFY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018

Cash

288.9m305.4m227.6m228.6m333.8m644.3m

Accounts Receivable

116.7m106.4m101.9m248.8m300.3m

Inventories

142.7m155.2m152.6m275.9m339.1m384.7m

Current Assets

879.2m738.1m939.5m998.8m1.2b1.5b
Quarterly
USDQ3, 2013Q1, 2014Q2, 2014Q3, 2014Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019

Cash

254.8m287.1m262.8m295.5m178.3m195.1m357.9m354.3m366.9m255.9m422.8m306.0m418.0m366.9m

Accounts Receivable

98.1m119.5m101.5m106.3m124.6m116.0m113.5m234.0m243.9m267.2m268.5m280.3m

Inventories

136.1m147.5m155.9m153.9m165.6m168.1m151.7m278.4m279.0m285.5m304.7m319.5m365.7m384.9m399.1m475.6m479.5m

Current Assets

893.6m895.6m763.0m736.9m687.7m719.4m959.1m1.0b1.0b1.0b1.2b1.2b1.3b1.4b1.4b1.4b1.4b
Annual
USDFY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018

Net Income

35.8m115.8m122.3m104.8m339.1m392.9m

Depreciation and Amortization

17.1m20.5m22.1m65.9m82.6m79.9m

Inventories

(30.0m)(21.0m)(14.5m)(13.8m)(72.5m)(73.8m)

Accounts Payable

23.2m(5.5m)(10.6m)16.2m11.4m2.0m
Quarterly
USDQ3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019

Net Income

15.5m31.2m52.5m81.6m33.8m67.0m96.8m17.6m9.2m32.5m65.1m185.5m261.5m105.1m228.0m321.3m12.5m50.2m

Depreciation and Amortization

12.7m4.2m9.0m14.8m5.5m11.1m16.6m1.7m8.9m12.5m12.5m42.4m62.6m20.5m40.4m59.9m25.2m52.7m

Inventories

(17.9m)(7.4m)(11.8m)(14.5m)(12.8m)(18.5m)(25.2m)(34.1m)(51.3m)(28.2m)(59.5m)(80.4m)(10.3m)(30.8m)

Accounts Payable

10.5m(4.7m)(13.5m)(9.2m)3.6m(26.0k)(7.5m)28.1m61.5m68.4m70.5m2.9m7.1m9.3m5.6m(385.0k)(17.3m)(24.7m)
USDY, 2019

EV/EBIT

102.9 x

EV/CFO

61.7 x

Financial Leverage

1.7 x
Show all financial metrics

MKS Instruments Operating Metrics

MKS Instruments's Backlog was reported to be $338m in FY, 2016.
FY, 2014FY, 2015FY, 2016

Backlog

$93 m$338 m

Patents (Foreign)

696 696 1.02 k

Patents (US)

376 376 531

Patents Pending

77 77 103
Show all operating metrics

MKS Instruments Acquisitions / Subsidiaries

Acquired CompanyDateDeal Size
Electro Scientific IndustriesOctober 31, 2018$1 b

MKS Instruments Revenue Breakdown

Embed Graph

MKS Instruments revenue breakdown by business segment: 63.0% from Vacuum & Analysis and 37.0% from Light & Motion

MKS Instruments revenue breakdown by geographic segment: 11.1% from South Korea, 11.0% from Europe, 8.7% from Japan, 49.9% from United States and 19.3% from Asia

MKS Instruments Online and Social Media Presence

Embed Graph

MKS Instruments News and Updates

MKS Instruments Announces Mr. James A. Schreiner as Chief Operating Officer

ANDOVER, Mass., Sept. 18, 2019 (GLOBE NEWSWIRE) -- MKS Instruments, Inc. (NASDAQ: MKSI), a global provider of technologies that enable advanced processes and improve productivity, today announced that Mr. James A. Schreiner joined MKS on September 16, 2019 as Senior Vice President and Chief Operat…

MKS Instruments Reports Second Quarter 2019 Financial Results

ANDOVER, Mass., July 30, 2019 (GLOBE NEWSWIRE) -- MKS Instruments, Inc. (NASDAQ: MKSI), a global provider of technologies that enable advanced processes and improve productivity, today reported second quarter 2019 financial results.

Mass Flow Controller Market Growth Factors & Competitive Analysis Report, 2023 | Key Players: HORIBA, Brooks Instrument LLC, MKS Instruments, Inc., & Bronkhorst High-Tech B.V.: Radiant Insights, Inc.

SAN FRANCISCO, July 8, 2019 /PRNewswire/ -- The global Mass Flow Controller Market is set to grow at an exponential CAGR during the forecast period attributed to its growing demand across critical industrial applications. A mass flow controller is a pressure-based measurement device that...

MKS Instruments Reports First Quarter 2019 Financial Results

ANDOVER, Mass., April 29, 2019 (GLOBE NEWSWIRE) -- MKS Instruments, Inc. (NASDAQ: MKSI), a global provider of technologies that enable advanced processes and improve productivity, today reported first quarter 2019 financial results.

MKS Instruments Announces Closing of Electro Scientific Industries Acquisition

ANDOVER, Mass., Feb. 01, 2019 (GLOBE NEWSWIRE) -- 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 all of the issued and outstanding comm…

MKS Instruments Reports Fourth Quarter and Full Year 2018 Financial Results

ANDOVER, Mass., Jan. 29, 2019 (GLOBE NEWSWIRE) -- MKS Instruments, Inc. (Nasdaq: MKSI), a global provider of technologies that enable advanced processes and improve productivity, today reported fourth quarter and full year 2018 financial results.
Show more

MKS Instruments Blogs

MKS Instruments to Present at the Robert W. Baird & Co. 2019 Global Industrial Conference

ANDOVER, Mass. , Oct. 28, 2019 (GLOBE NEWSWIRE) -- MKS Instruments, Inc. (NASDAQ: MKSI), a global provider of technologies that enable advanced processes and improve productivity, today announced that Seth H. Bagshaw, Sr. Vice President, Chief Financial Officer and Treasurer, will be presenting at

MKS Instruments Reports Third Quarter 2019 Financial Results

Quarterly revenue of $462 million Non-GAAP net earnings of $62 million , or $1.12 per diluted share GAAP net income of $47 million , or $0.86 per diluted share Completed $50 million voluntary principal prepayment and repriced secured term loan to Libor + 175 basis points ANDOVER, Mass. , Oct.

MKS Instruments Announces Third Quarter 2019 Earnings Conference Call

MKS Instruments Announces Third Quarter 2019 Earnings Conference Call Content Import Tue, 10/08/2019 - 09:01 MKS Instruments Announces Third Quarter 2019 Earnings Conference Call Oct 8, 2019 This release is a backfill from a News Wire General …

MKS Instruments Announces Mr. David Ryzhik as Vice President of Investor Relations

MKS Instruments Announces Mr. David Ryzhik as Vice President of Investor Relations Content Import Mon, 10/07/2019 - 11:00 MKS Instruments Announces Mr. David Ryzhik as Vice President of Investor Relations Oct 7, 2019 This release is a backfill from a News Wire…

MKS Instruments Completes Fifth Repricing and Makes a Voluntary $50 Million Prepayment on its Secured Term Loan

MKS Instruments Completes Fifth Repricing and Makes a Voluntary $50 Million Prepayment on its Secured Term Loan Content Import Tue, 10/01/2019 - 09:01 MKS Instruments Completes Fifth Repricing and Makes a Voluntary $50 Million Prepayment on its Secured Term Loan Oct 1, 2019 …

MKS Instruments Ranks #21 on the Fortune® 100 Fastest-Growing Companies List

MKS Instruments Ranks #21 on the Fortune® 100 Fastest-Growing Companies List Content Import Thu, 09/19/2019 - 09:01 MKS Instruments Ranks #21 on the Fortune® 100 Fastest-Growing Companies List Sep 19, 2019 This release is a backfill from a News Wire …
Show more

MKS Instruments Frequently Asked Questions

  • When was MKS Instruments founded?

    MKS Instruments was founded in 1961.

  • How many employees does MKS Instruments have?

    MKS Instruments has 4,851 employees.

  • What is MKS Instruments revenue?

    Latest MKS Instruments annual revenue is $2.1 b.

  • What is MKS Instruments revenue per employee?

    Latest MKS Instruments revenue per employee is $427.8 k.

  • Who are MKS Instruments competitors?

    Competitors of MKS Instruments include Brooks Automation, Inphi and ABB.

  • 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, Boulder, Bozeman and in 25 other locations.

  • How many offices does MKS Instruments have?

    MKS Instruments has 30 offices.