What is MKS Inc.'s earnings per share (EPS)?

MKS Inc. (MKSI) reported diluted earnings per share of $4.37 for fiscal year 2025. This represents a 55.5% change compared to the previous fiscal year. EPS represents the portion of a company's net income allocated to each outstanding share of common stock and is widely used to evaluate profitability on a per-share basis.

MKS Inc. (MKSI) Financials

MKSI

Trailing 12 months to June 30, 2026

Revenue $4.3B +16.3% YoY

Net Income $440.0M +65.4% YoY

EPS (Diluted) $6.28 +59.0% YoY

Free Cash Flow $455.0M -13.3% YoY

Market Cap $18.9B as of Oct 3, 2026

Price / Sales 4.3x on $4.3B revenue, trailing 12 months to June 30, 2026

Price / Earnings 42.9x on $440.0M net income, trailing 12 months to June 30, 2026

Price / Book 6.3x on $3.0B equity, Q2 FY2026

A multiple compares the market's price with a filed figure; it says what the market pays, not how the business is doing. The market capitalization is the vendor's as of Oct 3, 2026; every other figure is from the SEC filings on this page. Not financial advice.

Source SEC Filings (10-K/10-Q) Latest period Q2 FY2026, ended Jun 30, 2026 Reported Aug 6, 2026 Currency USD FYE December

Newest figures come from the 10-Q for Q2 FY2026, filed Aug 6, 2026. Each column of the statement tables below links to the filing it was taken from, and every filing is listed on the MKSI SEC filings page.

MKS Inc. (MKSI) reported $4.3B in revenue over the twelve months to Jun 30, 2026, up 16.3% from the prior twelve months. This page shows its income statement, balance sheet, cash flow statement, and key financial ratios. View 15 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).

Rhea AI MKSI FY2025 2026-10-03

MKS returned to profitability while cash generation improved and debt fell, but operating margins still have not regained earlier levels.

The 2023 earnings collapse was not mirrored in gross economics: gross margin remained between 45.3% and 47.6%. Operating income then swung from -$1.6B to $528M by FY2025, pointing to volatility below gross profit rather than a basic deterioration in product economics. By FY2025, operating cash flow of $645M exceeded net income of $295M, indicating reported earnings were accompanied by cash conversion.

Revenue reached $3.9B in FY2025 while gross margin was 46.7%, close to FY2024's 47.6%; the core gross economics were broadly stable. Operating margin was 13.4% versus 13.9% a year earlier, so the latest growth did not produce meaningful operating expansion.

Balance-sheet repair accompanied the earnings recovery: debt-to-equity declined from 2.0x in FY2023 to 1.5x in FY2025. Long-term debt fell to $4.2B while the current ratio remained above 2.7x, indicating reduced leverage without extreme short-term liquidity strain; free cash flow of $497M also supported that adjustment.

Financial Health Signals

Financial Health Score 44/100

Scored against operating companies for FY2025. Each of the six dimensions is a percentile rank within that peer group; the overall is their average, with missing dimensions counted as zero out of six. A high score means strong standing among peers, not absolute cross-industry strength. How this score is calculated →

Health score ≠ stock price. This rates the quality of MKS Inc.'s business: profitability, growth, balance sheet strength. It doesn't tell you whether the stock is a good buy at today's price. Not financial advice. Use it alongside valuation analysis and your own research.

Profitability

MKS Inc. has an operating margin of 13.4%, meaning the company retains $13 of operating profit per $100 of revenue. This results in a moderate score of 31/100, indicating healthy but not exceptional operating efficiency. This is down from 13.9% the prior year.

Growth

MKS Inc.'s revenue grew 9.6% year-over-year to $3.9B, a solid pace of expansion. This earns a growth score of 46/100.

Leverage

MKS Inc. has elevated debt relative to equity (D/E of 1.53), meaning the company relies heavily on borrowed funds. This high leverage results in a low score of 14/100, reflecting increased financial risk.

Liquidity

With a current ratio of 2.71, MKS Inc. holds $2.71 in current assets for every $1 of short-term obligations. This comfortable liquidity earns a score of 74/100.

Cash Flow

MKS Inc. converts 12.6% of revenue into free cash flow ($497.0M). This strong cash generation earns a score of 68/100.

Returns

MKS Inc. generates a 10.8% ROE, indicating limited profit relative to shareholders' investment. This results in a returns score of 29/100. This is up from 8.2% the prior year.

Altman Z-Score Grey Zone

2.84

MKS Inc. scores 2.84, placing it in the grey zone between 1.81 and 2.99. The score is driven primarily by a large market capitalization ($18.9B) relative to total liabilities ($6.1B). This signals moderate financial risk that warrants monitoring.

Distress-screening estimate for non-financial companies. Not computed for banks or insurers, where the Altman model does not apply.

Piotroski F-Score Strong

7/9

MKS Inc. passes 7 of 9 financial strength tests. All 4 profitability signals pass (positive income, cash flow, and earnings quality), 2 of 3 leverage/liquidity signals pass, 1 of 2 efficiency signals pass.

Earnings Quality Cash-Backed

2.19x

For every $1 of reported earnings, MKS Inc. generates $2.19 in operating cash flow ($645.0M OCF vs $295.0M net income). This indicates profits are well-supported by actual cash generation, not accounting adjustments.

Interest Coverage Adequate

2.49x

MKS Inc. earns $2.49 in operating income for every $1 of interest expense ($528.0M vs $212.0M). This adequate coverage means the company can meet its interest obligations, but has limited cushion if earnings fall.

Key Financial Metrics

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Earnings & Revenue

Revenue

$1.2B

YoY+28.3%

QoQ+15.8%

5Y CAGR+10.7%

10Y CAGR+14.4%

MKS Inc. generated $1.2B in revenue in Q2 2026. This represents an increase of 28.3% from the same quarter a year earlier. Against the prior quarter it is up 15.8%.

EBITDA

$336.0M

YoY+51.4%

QoQ+43.6%

5Y CAGR+9.8%

10Y CAGR+25.2%

MKS Inc.'s EBITDA was $336.0M in Q2 2026, measuring earnings before interest, taxes, depreciation, and amortization. This represents an increase of 51.4% from the same quarter a year earlier. Against the prior quarter it is up 43.6%.

Net Income

$175.0M

YoY+182.3%

QoQ+108.3%

5Y CAGR+3.7%

10Y CAGR+34.2%

MKS Inc. reported $175.0M in net income in Q2 2026. This represents an increase of 182.3% from the same quarter a year earlier. Against the prior quarter it is up 108.3%.

EPS (Diluted)

$2.41

YoY+162.0%

QoQ+104.2%

5Y CAGR-1.7%

10Y CAGR+30.4%

MKS Inc. earned $2.41 per diluted share (EPS) in Q2 2026. This represents an increase of 162.0% from the same quarter a year earlier. Against the prior quarter it is up 104.2%.

Cash & Balance Sheet

Free Cash Flow

$189.0M

YoY+39.0%

QoQ+575.0%

5Y CAGR+4.9%

10Y CAGR+23.2%

MKS Inc. generated $189.0M in free cash flow in Q2 2026, representing cash available after capex. This represents an increase of 39.0% from the same quarter a year earlier. Against the prior quarter it is up 575.0%.

Cash & Debt

$454.0M

YoY-8.8%

QoQ-1.9%

5Y CAGR-9.7%

10Y CAGR+2.5%

MKS Inc. held $454.0M in cash against $2.5B in long-term debt as of Q2 2026.

Dividends Per Share

$0.25

YoY+13.6%

QoQ0.0%

5Y CAGR+2.6%

10Y CAGR+3.9%

MKS Inc. paid $0.25 per share in dividends in Q2 2026. This represents an increase of 13.6% from the same quarter a year earlier. It is unchanged from the prior quarter.

Shares Outstanding

68M

YoY+0.7%

QoQ+0.1%

5Y CAGR+4.0%

10Y CAGR+2.4%

MKS Inc. had 68M shares outstanding in Q2 2026. This represents an increase of 0.7% from the same quarter a year earlier. Against the prior quarter it is up 0.1%.

Margins & Returns

Gross Margin

47.7%

YoY+1.1pp

QoQ+0.7pp

5Y change+0.4pp

10Y change+6.0pp

MKS Inc.'s gross margin was 47.7% in Q2 2026, indicating the percentage of revenue retained after direct costs. This is up 1.1 percentage points from the same quarter a year earlier. Against the prior quarter it is up 0.7 percentage points.

Operating Margin

20.1%

YoY+6.2pp

QoQ+6.3pp

5Y change-4.7pp

10Y change+14.2pp

MKS Inc.'s operating margin was 20.1% in Q2 2026, reflecting core business profitability. This is up 6.2 percentage points from the same quarter a year earlier. Against the prior quarter it is up 6.3 percentage points.

Net Margin

14.0%

YoY+7.6pp

QoQ+6.2pp

5Y change-5.5pp

10Y change+11.2pp

MKS Inc.'s net profit margin was 14.0% in Q2 2026, showing the share of revenue converted to profit. This is up 7.6 percentage points from the same quarter a year earlier. Against the prior quarter it is up 6.2 percentage points.

Return on Equity

5.9%

YoY+3.4pp

QoQ+2.9pp

5Y change+0.3pp

10Y change+5.1pp

MKS Inc.'s ROE was 5.9% in Q2 2026, measuring profit generated per dollar of shareholder equity. This is up 3.4 percentage points from the same quarter a year earlier. Against the prior quarter it is up 2.9 percentage points.

Capital Allocation

R&D Spending

$76.0M

YoY0.0%

QoQ-6.2%

5Y CAGR+8.7%

MKS Inc. invested $76.0M in research and development in Q2 2026. That is unchanged from the same quarter a year earlier. Against the prior quarter it is down 6.2%.

Share Buybacks

MKS Inc. repurchased no shares in Q2 2026.

Capital Expenditures

$54.0M

YoY+86.2%

QoQ+116.0%

5Y CAGR+27.5%

10Y CAGR+26.6%

MKS Inc. invested $54.0M in capex in Q2 2026, funding long-term assets and infrastructure. This represents an increase of 86.2% from the same quarter a year earlier. Against the prior quarter it is up 116.0%.

MKSI Income Statement

Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.

MKSI quarterly income statement

Metric	TTM	FY2510-K	FY2410-K	FY2310-K	FY2210-K	FY2110-K	FY2010-K	FY1910-K	FY1810-K	FY1710-K	FY1610-K	FY1510-K	FY1410-K	FY1310-K	FY1210-K	FY1110-K
Revenue	$4.3B	$3.9B+9.6%	$3.6B-1.0%	$3.6B+2.1%	$3.5B+20.2%	$3.0B+26.6%	$2.3B+22.6%	$1.9B-8.4%	$2.1B+8.3%	$1.9B+47.9%	$1.3B+59.2%	$813.5M+4.2%	$780.9M+16.6%	$669.4M+4.0%	$643.5M-21.8%	$822.5M
Cost of Revenue	$2.3B	$2.1B+11.5%	$1.9B-5.2%	$2.0B-1.0%	$2.0B+27.4%	$1.6B+22.6%	$1.3B+19.8%	$1.1B-2.4%	$1.1B+6.9%	$1.0B+40.4%	$729.7M+61.9%	$450.7M+1.7%	$443.1M+10.0%	$402.8M+7.7%	$374.0M-16.4%	$447.5M
Gross Profit	$2.0B	$1.8B+7.6%	$1.7B+4.0%	$1.6B+6.1%	$1.5B+12.1%	$1.4B+31.6%	$1.0B+26.3%	$830.4M-15.2%	$979.5M+9.9%	$891.5M+57.6%	$565.6M+55.9%	$362.9M+7.4%	$337.8M+26.7%	$266.6M-1.1%	$269.5M-28.1%	$375.0M
R&D Expenses	$310.0M	$299.0M+10.3%	$271.0M-5.9%	$288.0M+19.5%	$241.0M+20.5%	$200.0M+15.6%	$173.0M+5.4%	$164.1M+20.9%	$135.7M+2.4%	$132.6M+19.9%	$110.6M+61.9%	$68.3M+8.6%	$62.9M-1.1%	$63.6M+5.7%	$60.1M-1.5%	$61.0M
SG&A Expenses	$754.0M	$724.0M+7.4%	$674.0M-0.1%	$675.0M+38.3%	$488.0M+26.8%	$385.0M+9.1%	$353.0M+6.9%	$330.3M+10.8%	$298.1M+2.8%	$290.1M+27.3%	$227.9M+76.6%	$129.1M-2.1%	$131.8M-7.2%	$142.0M+11.7%	$127.2M-0.6%	$128.0M
Operating Income	$682.0M	$528.0M+6.0%	$498.0M+132.0%	-$1.6B-351.9%	$617.0M-11.7%	$699.0M+54.0%	$454.0M+106.6%	$219.8M-55.5%	$494.1M+21.5%	$406.6M+158.6%	$157.3M+0.4%	$156.6M+15.9%	$135.1M+131.5%	$58.4M-21.3%	$74.2M-59.9%	$184.9M
EBITDA	N/A	$872.0M+3.1%	$846.0M+173.1%	-$1.2B-238.9%	$833.0M+3.7%	$803.0M+45.2%	$553.0M+67.7%	$329.8M-42.5%	$573.9M+17.3%	$489.2M+119.2%	$223.2M+24.9%	$178.7M+14.8%	$155.7M+106.2%	$75.5M-14.9%	$88.7M-55.2%	$197.9M
Interest Expense	$187.0M	$212.0M-25.4%	$284.0M-20.2%	$356.0M+101.1%	$177.0M+608.0%	$25.0M-13.8%	$29.0M-34.2%	$44.1M+160.9%	$16.9M-45.5%	$31.0M+1.2%	$30.6M+21306.3%	$143K+98.6%	$72K-15.3%	$85K-41.8%	$146K+356.3%	$32K
Income Tax	$48.0M	$9.0M+190.0%	-$10.0M+88.5%	-$87.0M-187.0%	$100.0M-12.3%	$114.0M+56.2%	$73.0M+95.2%	$37.4M-57.5%	$88.1M-18.8%	$108.5M+368.3%	$23.2M-37.7%	$37.2M+80.3%	$20.6M-12.4%	$23.5M-13.2%	$27.1M-51.9%	$56.3M
Net Income	$440.0M	$295.0M+55.3%	$190.0M+110.3%	-$1.8B-652.9%	$333.0M-39.6%	$551.0M+57.4%	$350.0M+149.3%	$140.4M-64.3%	$392.9M+15.9%	$339.1M+223.6%	$104.8M-14.3%	$122.3M+5.6%	$115.8M+223.6%	$35.8M-25.5%	$48.0M-63.0%	$129.7M
EPS (Basic)	N/A	$4.39+55.7%	$2.82+110.2%	-$27.54-594.4%	$5.57-44.0%	$9.95+56.4%	$6.36+147.5%	$2.57-64.4%	$7.22+15.3%	$6.26+219.4%	$1.96-14.8%	$2.30+6.0%	$2.17+223.9%	$0.67-26.4%	$0.91-63.5%	$2.49
EPS (Diluted)	$6.28	$4.37+55.5%	$2.81+110.2%	-$27.54-595.3%	$5.56-43.8%	$9.90+56.4%	$6.33+148.2%	$2.55-64.3%	$7.14+15.9%	$6.16+217.5%	$1.94-14.9%	$2.28+5.6%	$2.16+222.4%	$0.67-25.6%	$0.90-63.3%	$2.45
Diluted Shares (Avg)	N/A	68M+0.1%	68M+1.2%	67M+11.5%	60M+7.5%	56M+0.7%	55M+0.4%	55M+0.2%	55M-0.1%	55M+1.9%	54M+0.9%	54M+0.1%	54M+0.1%	53M+0.5%	53M+0.7%	53M

Metric	Q2'2610-Q	Q1'2610-Q	Q4'2510-Q	Q3'2510-Q	Q2'2510-Q	Q1'2510-Q	Q4'2410-K	Q3'2410-Q
Revenue	$1.2B+28.3%	$1.1B+15.2%	$1.0B+10.6%	$988.0M+10.3%	$973.0M+9.7%	$936.0M+7.8%	$935.0M+4.7%	$896.0M-3.9%
Cost of Revenue	$653.0M+25.6%	$571.0M+16.1%	$555.0M+12.6%	$527.0M+13.6%	$520.0M+11.1%	$492.0M+8.6%	$493.0M+2.3%	$464.0M-8.3%
Gross Profit	$595.0M+31.3%	$507.0M+14.2%	$479.0M+8.4%	$461.0M+6.7%	$453.0M+8.1%	$444.0M+7.0%	$442.0M+7.5%	$432.0M+1.4%
R&D Expenses	$76.0M0.0%	$81.0M+15.7%	$77.0M+18.5%	$76.0M+8.6%	$76.0M+15.2%	$70.0M0.0%	$65.0M-7.1%	$70.0M-1.4%
SG&A Expenses	$200.0M+14.3%	$190.0M+2.7%	$184.0M+4.5%	$180.0M+7.8%	$175.0M+8.7%	$185.0M+8.8%	$176.0M+8.6%	$167.0M0.0%
Operating Income	$251.0M+85.9%	$149.0M+34.2%	$144.0M+5.1%	$138.0M+7.8%	$135.0M+6.3%	$111.0M+4.7%	$137.0M+495.7%	$128.0M+8.5%
EBITDA	$336.0M+51.4%	$234.0M+19.4%	$231.0M+3.1%	$223.0M+3.7%	$222.0M+4.2%	$196.0M+1.0%	$224.0M+88.2%	$215.0M+1.9%
Interest Expense	$38.0M-30.9%	$45.0M-15.1%	$51.0M-5.6%	$53.0M-17.2%	$55.0M-30.4%	$53.0M-39.1%	$54.0M-40.0%	$64.0M-31.2%
Income Tax	$38.0M+280.0%	$18.0M+157.1%	-$18.0M-63.6%	$10.0M+600.0%	$10.0M+1100.0%	$7.0M+75.0%	-$11.0M0.0%	-$2.0M+88.2%
Net Income	$175.0M+182.3%	$84.0M+61.5%	$107.0M+18.9%	$74.0M+19.4%	$62.0M+169.6%	$52.0M+246.7%	$90.0M+230.4%	$62.0M+59.0%
EPS (Basic)	$2.59+181.5%	$1.24+61.0%	$1.60+19.4%	$1.10+19.6%	$0.92+170.6%	$0.77+250.0%	$1.34+232.7%	$0.92+55.9%
EPS (Diluted)	$2.41+162.0%	$1.18+53.2%	$1.59+18.7%	$1.10+19.6%	$0.92+178.8%	$0.77+250.0%	$1.34+232.7%	$0.92+58.6%
Diluted Shares (Avg)	73M+7.9%	71M+5.0%	N/A	68M0.0%	67M-0.1%	68M+0.4%	N/A	68M+0.7%

MKSI Balance Sheet

MKSI quarterly balance sheet

Metric	FY2510-K	FY2410-K	FY2310-K	FY2210-K	FY2110-K	FY2010-K	FY1910-K	FY1810-K	FY1710-K	FY1610-K	FY1510-K	FY1410-K	FY1310-K	FY1210-K	FY1110-K
Total Assets	$8.8B+2.4%	$8.6B-5.8%	$9.1B-20.7%	$11.5B+153.2%	$4.5B+16.3%	$3.9B+14.3%	$3.4B+30.7%	$2.6B+8.3%	$2.4B+9.1%	$2.2B+73.7%	$1.3B+4.0%	$1.2B+0.9%	$1.2B+5.2%	$1.2B+1.6%	$1.1B
Current Assets	$2.5B+1.5%	$2.5B-8.2%	$2.7B-3.5%	$2.8B+30.1%	$2.1B+19.0%	$1.8B+25.9%	$1.4B-2.1%	$1.5B+18.4%	$1.2B+23.8%	$998.8M+6.3%	$939.5M+4.9%	$895.3M+1.8%	$879.2M+1.3%	$868.2M-1.9%	$884.9M
Cash & Equivalents	$418.0M-0.5%	$420.0M-17.2%	$507.0M-44.2%	$909.0M-5.9%	$966.0M+58.8%	$608.3M+46.7%	$414.6M-35.7%	$644.3M+93.0%	$333.9M+46.0%	$228.6M+0.5%	$227.6M-25.5%	$305.4M+5.7%	$288.9M+0.5%	$287.6M-8.1%	$312.9M
Short-Term Investments	$0	$0	$0-100.0%	$1.0M-98.7%	$76.0M-66.6%	$227.7M+108.1%	$109.4M+48.2%	$73.8M-64.7%	$209.4M+10.5%	$189.5M-56.0%	$430.7M+50.2%	$286.8M-4.6%	$300.7M-8.2%	$327.7M+29.7%	$252.6M
Inventory	$921.0M+3.1%	$893.0M-9.9%	$991.0M+1.4%	$977.0M+69.3%	$577.0M+15.1%	$501.4M+8.5%	$462.1M+20.1%	$384.7M+13.5%	$339.1M+22.9%	$275.9M+80.7%	$152.6M-1.6%	$155.2M+8.7%	$142.7M+6.0%	$134.6M-12.4%	$153.6M
Accounts Receivable	$651.0M+5.9%	$615.0M+2.0%	$603.0M-16.3%	$720.0M+62.5%	$443.0M+12.8%	$392.7M+15.1%	$341.1M+15.4%	$295.5M-1.6%	$300.3M+20.7%	$248.8M+144.2%	$101.9M-4.2%	$106.4M-8.9%	$116.7M+42.3%	$82.1M-32.1%	$120.9M
Long-Term Investments	$0	$0	$0	$0-100.0%	$6.2M-4.6%	$6.5M+12.1%	$5.8M-43.6%	$10.3M-3.4%	$10.7M+8.1%	$9.9M	$0-100.0%	$157.2M+160.2%	$60.4M+396.8%	$12.2M+54.4%	$7.9M
Goodwill	$2.6B+3.8%	$2.5B-2.9%	$2.6B-40.7%	$4.3B+250.8%	$1.2B+15.2%	$1.1B+0.7%	$1.1B+80.3%	$587.0M-0.7%	$591.0M+0.4%	$588.6M+194.7%	$199.7M+3.8%	$192.4M+27.5%	$150.9M+0.1%	$150.7M+7.6%	$140.1M
Total Liabilities	$6.1B-3.0%	$6.3B-5.7%	$6.6B-5.2%	$7.0B+324.2%	$1.7B+7.1%	$1.5B+10.8%	$1.4B+88.0%	$741.1M-10.2%	$825.1M-15.0%	$970.5M+762.9%	$112.5M-20.9%	$142.2M-25.7%	$191.5M+36.4%	$140.4M-2.4%	$143.9M
Current Liabilities	$927.0M+19.6%	$775.0M-8.6%	$848.0M-10.9%	$952.0M+107.0%	$460.0M+23.0%	$373.9M+17.7%	$317.7M+20.7%	$263.3M-9.2%	$289.8M+22.1%	$237.3M+160.8%	$91.0M-12.2%	$103.6M-19.3%	$128.4M+61.9%	$79.3M-17.8%	$96.4M
Non-Current Liabilities	$5.2B-6.2%	$5.5B-5.3%	$5.8B-4.3%	$6.1B+408.0%	$1.2B+2.1%	$1.2B+8.7%	$1.1B+125.1%	$477.8M-10.7%	$535.3M-27.0%	$733.1M+3312.9%	$21.5M-44.3%	$38.6M-38.8%	$63.1M+3.2%	$61.1M+28.6%	$47.5M
Long-Term Debt	$4.2B-7.5%	$4.5B-9.4%	$5.0B-3.3%	$5.1B+520.8%	$825.0M+1.2%	$815.0M-6.5%	$871.7M+153.5%	$343.8M-11.8%	$390.0M-35.1%	$601.2M	N/A	N/A	N/A	N/A	N/A
Total Equity	$2.7B+17.1%	$2.3B-6.1%	$2.5B-44.9%	$4.5B+55.3%	$2.9B+22.3%	$2.4B+16.7%	$2.0B+7.9%	$1.9B+17.9%	$1.6B+28.0%	$1.2B+7.0%	$1.2B+7.3%	$1.1B+5.9%	$1.0B+0.9%	$1.0B+2.2%	$990.0M
Retained Earnings	$711.0M+41.4%	$503.0M+34.9%	$373.0M-83.6%	$2.3B+14.1%	$2.0B+33.9%	$1.5B+25.9%	$1.2B+8.9%	$1.1B+36.3%	$795.7M+60.8%	$494.7M+15.8%	$427.2M+22.4%	$349.1M+25.1%	$279.0M+0.1%	$278.6M+3.6%	$268.9M

Metric	Q2'2610-Q	Q1'2610-Q	Q4'2510-Q	Q3'2510-Q	Q2'2510-Q	Q1'2510-Q	Q4'2410-K	Q3'2410-Q
Total Assets	$8.9B+1.3%	$8.7B+2.0%	$8.8B+2.4%	$8.8B-2.7%	$8.8B-0.4%	$8.6B-4.2%	$8.6B-5.8%	$9.0B-1.3%
Current Assets	$2.8B+11.7%	$2.5B+4.9%	$2.5B+1.5%	$2.5B-4.9%	$2.5B-6.2%	$2.4B-8.8%	$2.5B-8.2%	$2.7B-3.9%
Cash & Equivalents	$454.0M-8.8%	$463.0M+13.8%	$418.0M-0.5%	$413.0M-5.9%	$498.0M-1.4%	$407.0M-51.8%	$420.0M-17.2%	$439.0M-48.9%
Short-Term Investments	$0	$0	$0	$0	$0-100.0%	$0-100.0%	$0	$0-100.0%
Inventory	$1.0B+12.5%	$949.0M+6.2%	$921.0M+3.1%	$934.0M-0.6%	$918.0M-2.1%	$894.0M-7.9%	$893.0M-9.9%	$940.0M-6.8%
Accounts Receivable	$830.0M+27.9%	$775.0M+21.3%	$651.0M+5.9%	$611.0M+0.3%	$649.0M+8.7%	$639.0M+10.9%	$615.0M+2.0%	$609.0M-1.5%
Long-Term Investments	$0	$0	$0	$0	$0	$0	$0	$0
Goodwill	$2.6B+0.4%	$2.6B+2.8%	$2.6B+3.8%	$2.6B-0.2%	$2.6B+3.0%	$2.5B-0.6%	$2.5B-2.9%	$2.6B+1.1%
Total Liabilities	$6.0B-5.1%	$5.9B-4.6%	$6.1B-3.0%	$6.2B-6.8%	$6.3B-5.4%	$6.2B-4.7%	$6.3B-5.7%	$6.6B-0.6%
Current Liabilities	$2.4B+191.3%	$2.3B+193.3%	$927.0M+19.6%	$886.0M+13.4%	$832.0M+12.4%	$781.0M+8.3%	$775.0M-8.6%	$781.0M-6.8%
Non-Current Liabilities	$3.5B-35.1%	$3.6B-33.1%	$5.2B-6.2%	$5.3B-9.5%	$5.4B-7.6%	$5.4B-6.3%	$5.5B-5.3%	$5.8B+0.3%
Long-Term Debt	$2.5B-41.6%	$2.6B-39.9%	$4.2B-7.5%	$4.3B-10.6%	$4.4B-9.8%	$4.4B-6.0%	$4.5B-9.4%	$4.8B-0.6%
Total Equity	$3.0B+17.0%	$2.8B+19.4%	$2.7B+17.1%	$2.6B+8.4%	$2.6B+14.3%	$2.4B-2.9%	$2.3B-6.1%	$2.4B-3.2%
Retained Earnings	$936.0M+67.4%	$778.0M+52.0%	$711.0M+41.4%	$618.0M+44.4%	$559.0M+46.7%	$512.0M+37.3%	$503.0M+34.9%	$428.0M-5.9%

MKSI Cash Flow Statement

MKSI quarterly cash flow statement

Metric	TTM	FY2510-K	FY2410-K	FY2310-K	FY2210-K	FY2110-K	FY2010-K	FY1910-K	FY1810-K	FY1710-K	FY1610-K	FY1510-K	FY1410-K	FY1310-K	FY1210-K	FY1110-K
Operating Cash Flow	$635.0M	$645.0M+22.2%	$528.0M+65.5%	$319.0M-39.7%	$529.0M-17.3%	$640.0M+24.8%	$513.0M+109.8%	$244.5M-40.9%	$413.8M+16.5%	$355.2M+97.2%	$180.1M+30.2%	$138.3M+35.7%	$101.9M+33.9%	$76.1M-44.5%	$137.2M-12.1%	$156.0M
Depreciation & Amortization	N/A	$344.0M-1.1%	$348.0M-12.3%	$397.0M+83.8%	$216.0M+107.7%	$104.0M+5.1%	$99.0M-10.0%	$110.0M+37.8%	$79.8M-3.3%	$82.6M+25.2%	$65.9M+198.3%	$22.1M+7.7%	$20.5M+20.0%	$17.1M+18.4%	$14.4M+11.3%	$13.0M
Stock-Based Compensation	N/A	$55.0M+14.6%	$48.0M-11.1%	$54.0M+20.0%	$45.0M+21.6%	$37.0M+23.3%	$30.0M-39.0%	$49.2M+80.2%	$27.3M+12.0%	$24.4M-3.4%	$25.2M+93.9%	$13.0M+15.0%	$11.3M-19.1%	$14.0M+7.4%	$13.0M+16.1%	$11.2M
Capital Expenditures	$180.0M	$148.0M+25.4%	$118.0M+35.6%	$87.0M-47.0%	$164.0M+88.5%	$87.0M+2.4%	$85.0M+33.0%	$63.9M+1.6%	$62.9M+101.0%	$31.3M+63.6%	$19.1M+54.0%	$12.4M-5.8%	$13.2M+6.2%	$12.4M-29.9%	$17.7M+13.7%	$15.6M
Free Cash Flow	$455.0M	$497.0M+21.2%	$410.0M+76.7%	$232.0M-36.4%	$365.0M-34.0%	$553.0M+29.2%	$428.0M+137.0%	$180.6M-48.5%	$350.9M+8.3%	$323.9M+101.2%	$161.0M+27.9%	$125.9M+41.9%	$88.7M+39.3%	$63.7M-46.7%	$119.5M-15.0%	$140.5M
Investing Cash Flow	-$180.0M	-$145.0M-23.9%	-$117.0M-39.3%	-$84.0M+98.2%	-$4.6B-2120.5%	-$205.0M-1.5%	-$202.0M+78.7%	-$947.2M-1402.9%	$72.7M+221.2%	$22.6M+103.1%	-$727.0M	N/A	N/A	-$36.5M+69.0%	-$117.9M-1839.2%	-$6.1M
Financing Cash Flow	-$538.0M	-$562.0M-2.4%	-$549.0M-112.0%	-$259.0M-106.5%	$4.0B+6209.2%	-$65.0M+46.7%	-$122.0M-125.6%	$476.2M+367.5%	-$178.0M+36.4%	-$279.7M-149.9%	$560.1M	N/A	N/A	-$37.1M+20.9%	-$47.0M-2064.5%	$2.4M
Dividends Paid	$63.0M	$59.0M0.0%	$59.0M0.0%	$59.0M+13.5%	$52.0M+10.6%	$47.0M+6.8%	$44.0M+1.1%	$43.5M+2.6%	$42.4M+11.1%	$38.2M+5.0%	$36.4M+1.1%	$36.0M+3.2%	$34.9M+2.6%	$34.0M+3.9%	$32.7M+4.2%	$31.4M
Share Buybacks	$0	$45.0M	$0	$0	N/A	N/A	N/A	N/A	$75.0M	N/A	$1.5M-88.4%	$13.3M-36.1%	$20.8M+623.8%	$2.9M-75.0%	$11.5M+473.0%	$2.0M

Metric	Q2'2610-Q	Q1'2610-Q	Q4'2510-Q	Q3'2510-Q	Q2'2510-Q	Q1'2510-Q	Q4'2410-K	Q3'2410-Q
Operating Cash Flow	$243.0M+47.3%	$53.0M-62.4%	$142.0M-19.3%	$197.0M+20.9%	$165.0M+35.2%	$141.0M+110.4%	$176.0M-2.8%	$163.0M+1.9%
Depreciation & Amortization	$85.0M-2.3%	$85.0M0.0%	$86.0M0.0%	$85.0M-2.3%	$87.0M+1.2%	$85.0M-3.4%	$86.0M-10.4%	$87.0M-6.5%
Stock-Based Compensation	$15.0M+25.0%	$19.0M-13.6%	N/A	$12.0M+9.1%	$12.0M+9.1%	$22.0M+46.7%	N/A	$11.0M-15.4%
Capital Expenditures	$54.0M+86.2%	$25.0M+38.9%	$50.0M-2.0%	$51.0M+131.8%	$29.0M+7.4%	$18.0M0.0%	$51.0M+50.0%	$22.0M+22.2%
Free Cash Flow	$189.0M+39.0%	$28.0M-77.2%	$92.0M-26.4%	$146.0M+3.5%	$136.0M+43.2%	$123.0M+151.0%	$125.0M-15.0%	$141.0M-0.7%
Investing Cash Flow	-$55.0M-103.7%	-$25.0M-38.9%	-$49.0M+3.9%	-$51.0M-131.8%	-$27.0M-3.8%	-$18.0M0.0%	-$51.0M-50.0%	-$22.0M-37.5%
Financing Cash Flow	-$148.0M-14.7%	-$137.0M+23.9%	-$125.0M+49.2%	-$128.0M+11.1%	-$129.0M-48.3%	-$180.0M-150.0%	-$246.0M-72.0%	-$144.0M-278.9%
Dividends Paid	$17.0M+13.3%	$17.0M+13.3%	$15.0M0.0%	$14.0M0.0%	$15.0M0.0%	$15.0M0.0%	$15.0M0.0%	$14.0M-6.7%
Share Buybacks	$0	$0-100.0%	$0	$0	$0	$45.0M	$0	$0

MKSI Financial Ratios

Margins and returns are percentages; the remaining ratios are unitless multiples. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.

MKSI quarterly financial ratios

Metric	FY2510-K	FY2410-K	FY2310-K	FY2210-K	FY2110-K	FY2010-K	FY1910-K	FY1810-K	FY1710-K	FY1610-K	FY1510-K	FY1410-K	FY1310-K	FY1210-K	FY1110-K
Gross Margin	46.7%-0.9pp	47.6%+2.3pp	45.3%+1.7pp	43.6%-3.2pp	46.8%+1.8pp	45.0%+1.3pp	43.7%-3.5pp	47.2%+0.7pp	46.5%+2.9pp	43.7%-0.9pp	44.6%+1.3pp	43.3%+3.4pp	39.8%-2.1pp	41.9%-3.7pp	45.6%
Operating Margin	13.4%-0.5pp	13.9%+56.8pp	-42.9%-60.3pp	17.4%-6.3pp	23.7%+4.2pp	19.5%+7.9pp	11.6%-12.2pp	23.8%+2.6pp	21.2%+9.1pp	12.1%-7.1pp	19.3%+1.9pp	17.3%+8.6pp	8.7%-2.8pp	11.5%-10.9pp	22.5%
Net Margin	7.5%+2.2pp	5.3%+56.1pp	-50.8%-60.2pp	9.4%-9.3pp	18.7%+3.7pp	15.0%+7.6pp	7.4%-11.5pp	18.9%+1.2pp	17.7%+9.6pp	8.1%-6.9pp	15.0%+0.2pp	14.8%+9.5pp	5.3%-2.1pp	7.5%-8.3pp	15.8%
Return on Equity	10.8%+2.7pp	8.2%+82.7pp	-74.5%-81.9pp	7.4%-11.7pp	19.1%+4.3pp	14.8%+7.9pp	6.9%-14.0pp	21.0%-0.4pp	21.3%+12.9pp	8.4%-2.1pp	10.5%-0.2pp	10.7%+7.2pp	3.5%-1.2pp	4.8%-8.3pp	13.1%
Return on Assets	3.4%+1.1pp	2.2%+22.4pp	-20.2%-23.1pp	2.9%-9.2pp	12.1%+3.2pp	9.0%+4.9pp	4.1%-10.9pp	15.0%+1.0pp	14.1%+9.3pp	4.7%-4.9pp	9.6%+0.1pp	9.5%+6.5pp	2.9%-1.2pp	4.2%-7.3pp	11.4%
Current Ratio	2.71-0.5x	3.190.0x	3.18+0.2x	2.93-1.7x	4.67-0.2x	4.83+0.3x	4.51-1.0x	5.56+1.3x	4.27+0.1x	4.21-6.1x	10.33+1.7x	8.64+1.8x	6.85-4.1x	10.95+1.8x	9.18
Debt-to-Equity	1.53-0.4x	1.93-0.1x	2.00+0.9x	1.14+0.9x	0.29-0.1x	0.35-0.1x	0.43+0.2x	0.18-0.1x	0.25-0.2x	0.48+0.4x	0.100.0x	0.13-0.1x	0.190.0x	0.140.0x	0.15
Asset Turnover	0.450.0x	0.420.0x	0.40+0.1x	0.31-0.3x	0.65+0.1x	0.600.0x	0.56-0.2x	0.790.0x	0.79+0.2x	0.59-0.1x	0.640.0x	0.64+0.1x	0.550.0x	0.56-0.2x	0.73
FCF Margin	12.6%+1.2pp	11.4%+5.0pp	6.4%-3.9pp	10.3%-8.5pp	18.8%+0.4pp	18.4%+8.9pp	9.5%-7.4pp	16.9%0.0pp	16.9%+4.5pp	12.4%-3.0pp	15.5%+4.1pp	11.4%+1.9pp	9.5%-9.0pp	18.6%+1.5pp	17.1%

Metric	Q2'2610-Q	Q1'2610-Q	Q4'2510-Q	Q3'2510-Q	Q2'2510-Q	Q1'2510-Q	Q4'2410-K	Q3'2410-Q
Gross Margin	47.7%+1.1pp	47.0%-0.4pp	46.3%-1.0pp	46.7%-1.5pp	46.6%-0.7pp	47.4%-0.4pp	47.3%+1.3pp	48.2%+2.5pp
Operating Margin	20.1%+6.2pp	13.8%+2.0pp	13.9%-0.7pp	14.0%-0.3pp	13.9%-0.5pp	11.9%-0.4pp	14.6%+12.1pp	14.3%+1.6pp
Net Margin	14.0%+7.6pp	7.8%+2.2pp	10.3%+0.7pp	7.5%+0.6pp	6.4%+3.8pp	5.6%+3.8pp	9.6%+17.4pp	6.9%+2.7pp
Return on Equity	5.9%+3.4pp	3.0%+0.8pp	3.9%+0.1pp	2.9%+0.3pp	2.4%+1.4pp	2.2%+1.6pp	3.9%+6.7pp	2.6%+1.0pp
Return on Assets	2.0%+1.3pp	1.0%+0.3pp	1.2%+0.2pp	0.8%+0.1pp	0.7%+0.4pp	0.6%+0.4pp	1.1%+1.8pp	0.7%+0.3pp
Current Ratio	1.14-1.8x	1.11-2.0x	2.71-0.5x	2.86-0.6x	2.99-0.6x	3.11-0.6x	3.190.0x	3.42+0.1x
Debt-to-Equity	0.85-0.9x	0.94-0.9x	1.53-0.4x	1.64-0.3x	1.71-0.5x	1.87-0.1x	1.93-0.1x	1.98+0.1x
Asset Turnover	0.140.0x	0.120.0x	0.120.0x	0.110.0x	0.110.0x	0.110.0x	0.110.0x	0.100.0x
FCF Margin	15.1%+1.2pp	2.6%-10.5pp	8.9%-4.5pp	14.8%-1.0pp	14.0%+3.3pp	13.1%+7.5pp	13.4%-3.1pp	15.7%+0.5pp

Similar Companies

Newest fiscal year on record for each company. The health score is the peer-relative Financial Health Score for that year; a dash means no score is published for it.

Company	Fiscal year	Revenue	Net income	Net margin	Market cap	Health score
MKS Inc. MKSI	FY2025	$3.9B	$295.0M	7.5%	$18.9B	44/100
Cognex Corp CGNX	FY2025	$994.4M	$114.4M	11.5%	$10.9B	72/100
Vontier Corporation VNT	FY2025	$3.1B	$406.1M	13.2%	$4.3B	57/100
Itron Inc ITRI	FY2025	$2.4B	$301.1M	12.7%	$3.8B	63/100
Badger Meter, Inc. BMI	FY2025	$916.7M	$141.6M	15.4%	$3.7B	80/100
ESCO Technologies, Inc. ESE	FY2025	$1.1B	$299.2M	27.3%	$7.1B	69/100

Where MKS Inc. Ranks

Frequently Asked Questions

What is MKS Inc.'s annual revenue?

MKS Inc. (MKSI) reported $3.9B in total revenue for fiscal year 2025. This represents a 9.6% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.

How fast is MKS Inc.'s revenue growing?

MKS Inc. (MKSI) revenue grew by 9.6% year-over-year, from $3.6B to $3.9B in fiscal year 2025.

Is MKS Inc. profitable?

Yes, MKS Inc. (MKSI) reported a net income of $295.0M in fiscal year 2025, with a net profit margin of 7.5%.

What is MKS Inc.'s EBITDA?

MKS Inc. (MKSI) had EBITDA of $872.0M in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization.

How much debt does MKS Inc. have?

As of fiscal year 2025, MKS Inc. (MKSI) had $418.0M in cash and equivalents against $4.2B in long-term debt.

What is MKS Inc.'s gross margin?

MKS Inc. (MKSI) had a gross margin of 46.7% in fiscal year 2025, indicating the percentage of revenue retained after direct costs of goods sold.

What is MKS Inc.'s operating margin?

MKS Inc. (MKSI) had an operating margin of 13.4% in fiscal year 2025, reflecting the profitability of core business operations before interest and taxes.

What is MKS Inc.'s net profit margin?

MKS Inc. (MKSI) had a net profit margin of 7.5% in fiscal year 2025, representing the share of revenue converted into profit after all expenses.

Does MKS Inc. pay dividends?

Yes, MKS Inc. (MKSI) paid $0.88 per share in dividends during fiscal year 2025.

What is MKS Inc.'s return on equity (ROE)?

MKS Inc. (MKSI) has a return on equity of 10.8% for fiscal year 2025, measuring how efficiently the company generates profit from shareholder equity.

What is MKS Inc.'s free cash flow?

MKS Inc. (MKSI) generated $497.0M in free cash flow during fiscal year 2025. This represents a 21.2% change compared to the previous fiscal year. Free cash flow represents the cash a company generates after accounting for capital expenditures, and is widely used to assess financial flexibility and shareholder value.

What is MKS Inc.'s operating cash flow?

MKS Inc. (MKSI) generated $645.0M in operating cash flow during fiscal year 2025, representing cash generated from core business activities.

What are MKS Inc.'s total assets?

MKS Inc. (MKSI) had $8.8B in total assets as of fiscal year 2025, including both current and long-term assets.

What are MKS Inc.'s capital expenditures?

MKS Inc. (MKSI) invested $148.0M in capital expenditures during fiscal year 2025, funding long-term assets and infrastructure.

How much does MKS Inc. spend on research and development?

MKS Inc. (MKSI) invested $299.0M in research and development during fiscal year 2025.

Does MKS Inc. buy back shares?

Yes, MKS Inc. (MKSI) spent $45.0M on share buybacks during fiscal year 2025, returning capital to shareholders by reducing shares outstanding.

How many shares does MKS Inc. have outstanding?

MKS Inc. (MKSI) had 67M shares outstanding as of fiscal year 2025.

What is MKS Inc.'s current ratio?

MKS Inc. (MKSI) had a current ratio of 2.71 as of fiscal year 2025, which is generally considered healthy.

What is MKS Inc.'s debt-to-equity ratio?

MKS Inc. (MKSI) had a debt-to-equity ratio of 1.53 as of fiscal year 2025, measuring the company's financial leverage by comparing total debt to shareholder equity.

What is MKS Inc.'s return on assets (ROA)?

MKS Inc. (MKSI) had a return on assets of 3.4% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.

What is MKS Inc.'s P/E ratio?

MKS Inc. (MKSI) trades at 42.9x earnings, its market capitalization divided by net income of $440.0M net income, trailing 12 months to June 30, 2026. The market capitalization is $18.9B as of Oct 3, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.

What is MKS Inc.'s price-to-sales ratio?

MKS Inc. (MKSI) trades at 4.3x sales, its market capitalization divided by revenue of $4.3B revenue, trailing 12 months to June 30, 2026. The market capitalization is $18.9B as of Oct 3, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.

What is MKS Inc.'s Altman Z-Score?

MKS Inc. (MKSI) has an Altman Z-Score of 2.84, placing it in the Grey Zone (moderate risk). The Z-Score combines five financial ratios (working capital, retained earnings, EBIT, market capitalization, and revenue relative to total assets) to predict the likelihood of bankruptcy. Scores above 2.99 indicate financial safety while scores below 1.81 suggest financial distress. Learn more in our complete guide to financial health indicators.

What is MKS Inc.'s Piotroski F-Score?

MKS Inc. (MKSI) has a Piotroski F-Score of 7 out of 9, indicating strong financial health. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7 to 9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.

Are MKS Inc.'s earnings high quality?

MKS Inc. (MKSI) has an earnings quality ratio of 2.19x, considered cash-backed (high quality). This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.

Can MKS Inc. cover its interest payments?

MKS Inc. (MKSI) has an interest coverage ratio of 2.49x, meaning it can adequately cover its interest obligations. This ratio divides operating income by interest expense. Ratios above 5x indicate strong debt-servicing ability, while ratios below 2x suggest the company may face difficulty meeting interest payments if earnings decline. Learn more in our complete guide to financial health indicators.

How financially healthy is MKS Inc.?

MKS Inc. (MKSI) scores 44 out of 100 on our Financial Health Score, indicating moderate standing within its operating companies peer group. The score is a 0-100 composite of six dimensions (Profitability, Growth, Leverage, Liquidity, Cash Flow, Returns), each ranked as a percentile relative to companies in the same scoring family (banks against banks, REITs against REITs, and so on) rather than across all industries. It rates the quality of the business, not whether the stock is fairly priced, and is not financial advice. Learn more in our complete guide to financial health indicators.