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ENTG

Entegris, Inc.

ENTG

Entegris, Inc. • NASDAQ
$77.14 ▲ 2.74% (+2.06)
Market Cap $11.69 B
52w High $112.36
52w Low $60.75
Dividend Yield 0.40%
P/E 40.6
Volume 972.76K
Outstanding Shares 151.60M

Income Statement

Period Revenue Operating Expense Net Income Net Profit Margin Earnings Per Share EBITDA
Q3-2025 $807.1M ▲ $228.7M ▼ $70.5M ▲ 8.735% ▲ $0.46 ▲ $214.4M ▲
Q2-2025 $792.4M ▲ $245.4M ▲ $52.8M ▼ 6.663% ▼ $0.35 ▼ $205.5M ▼
Q1-2025 $773.2M ▼ $234.2M ▼ $62.9M ▼ 8.135% ▼ $0.42 ▼ $218.4M ▼
Q4-2024 $849.837M ▲ $237.272M ▲ $102.243M ▲ 12.031% ▲ $0.68 ▲ $259.472M ▲
Q3-2024 $807.694M $235.584M $77.582M 9.605% $0.51 $231.046M

Balance Statement

Period Cash & Short-term Total Assets Total Liabilities Total Equity
Q3-2025 $399.8M ▲ $8.402B ▼ $4.511B ▼ $3.891B ▲
Q2-2025 $376.8M ▲ $8.45B ▲ $4.64B ▼ $3.809B ▲
Q1-2025 $340.9M ▲ $8.431B ▲ $4.682B ▼ $3.749B ▲
Q4-2024 $329.213M ▼ $8.395B ▼ $4.703B ▼ $3.692B ▲
Q3-2024 $432.072M $8.473B $4.88B $3.593B

Cash Flow Statement

Period Net Income Cash From Operations Cash From Investing Cash From Financing Net Change Free Cash Flow
Q3-2025 $70.5M ▲ $249.5M ▲ $-59.6M ▲ $-163.9M ▼ $23M ▼ $182.8M ▼
Q2-2025 $52.8M ▼ $113.5M ▼ $-66.6M ▲ $-17.8M ▲ $35.9M ▲ $221.5M ▲
Q1-2025 $62.9M ▼ $140.4M ▼ $-108.3M ▼ $-22.4M ▲ $11.7M ▲ $32.4M ▼
Q4-2024 $102.243M ▲ $176.096M ▼ $-107.911M ▼ $-165.391M ▼ $-102.859M ▼ $68.572M ▼
Q3-2024 $77.582M $197.227M $-80.962M $-13.726M $112.064M $115.034M

Revenue by Products

Product Q4-2024Q1-2025Q2-2025Q3-2025
Advanced Purity Solutions
Advanced Purity Solutions
 $0 ▲$430.00M ▲$440.00M ▲$460.00M ▲
Materials Solutions MS
Materials Solutions MS
 $360.00M ▲$340.00M ▼$350.00M ▲$350.00M ▲
intersegment sales elimination
intersegment sales elimination
 $20.00M ▲$0 ▼$0 ▲$0 ▲

Five-Year Company Overview

Income Statement

Income Statement Entegris has grown into a much larger business over the past five years, with revenue rising strongly through 2022 and then easing a bit in the most recent years as the chip cycle cooled. Profitability has stayed generally solid despite that softer demand and the impact of a large acquisition, with operating margins remaining healthy rather than collapsing. Net income and earnings per share peaked earlier in the period, dipped during the heavy investment and integration phase, and are now gradually recovering. Overall, the income statement shows a company that has scaled up significantly, absorbed some short‑term pressure from financing and integration costs, but continues to earn attractive margins for a materials supplier tied to a cyclical industry.

Balance Sheet

Balance Sheet The balance sheet clearly reflects a major expansion step: total assets more than doubled at the time of the big acquisition, and debt increased sharply to fund it. Since then, management has been slowly bringing leverage down, but debt levels remain meaningfully higher than before the deal, which adds financial risk and interest cost sensitivity. Equity has grown over time, helped by retained earnings, giving the company a larger capital base to support R&D and capacity. Cash on hand is reasonable but not oversized, so the company depends on ongoing cash generation and access to credit rather than a very large cash cushion. In short, Entegris now operates with a bigger, more complex balance sheet and must keep prioritizing debt reduction and disciplined capital allocation.

Cash Flow

Cash Flow Entegris consistently generates positive cash from its operations, which is a key strength. During the acquisition and capacity build‑out phase, capital spending stepped up, which temporarily squeezed free cash flow and even pushed it negative in one year. More recently, free cash flow has moved back into positive territory as the company begins to digest past investments and benefit from efficiencies. The pattern suggests a transition from heavy build‑out toward harvesting those investments, but with continued meaningful spending to stay ahead technologically. The main watchpoints are how quickly free cash flow strengthens versus the ongoing needs for capex and debt repayment, especially in a volatile semiconductor spending environment.

Competitive Edge

Competitive Edge Entegris holds a strong and specialized position in the semiconductor value chain, centered on ultra‑high‑purity materials, contamination control, and advanced handling solutions. Its products are deeply embedded in customers’ manufacturing processes, which makes switching suppliers risky and costly for chipmakers and creates a durable moat. The company often holds leading market share in its niches and offers a broad portfolio across multiple steps of the fab process, giving it a “one‑stop” appeal that many smaller rivals cannot match. Close collaboration with top global chipmakers and a network of facilities near customers further reinforce its position. The trade‑off is that Entegris remains tightly linked to semiconductor capital spending cycles and the technology roadmaps of a relatively concentrated customer base.

Innovation and R&D

Innovation and R&D Innovation is at the core of Entegris’s strategy. The company invests heavily in materials science, filtration, specialty chemicals, and advanced packaging and handling solutions that support the most advanced chipmaking processes. Its focus on purity at the nanoscale, EUV reticle protection, advanced cleaning chemistries, and next‑generation deposition materials positions it as an enabler of leading‑edge nodes and new 3D architectures. A large and growing portfolio of patents, plus co‑development work with major fabs, strengthens its technological edge. At the same time, this innovation model requires steady, sizable R&D and capital investment, and success depends on correctly anticipating where chip technology is headed and aligning with customers’ future needs.

Summary

Entegris today is a much larger, more strategically important player in the semiconductor ecosystem than it was five years ago, with strong margins, differentiated technology, and deep integration into customers’ processes. Financially, the company is in an investment and digestion phase: revenue has expanded significantly over the period but has cooled recently with the industry cycle; profitability remains respectable; leverage is elevated compared with the past; and free cash flow is improving after a heavy spending period. Strategic strengths include its leading positions in contamination control and specialty materials, high customer switching costs, and a robust innovation engine aimed at enabling next‑generation chip technologies. Key risks center on its higher debt load, exposure to cyclic semiconductor demand, and the need to continually execute on complex R&D and capacity projects. Overall, Entegris combines a strong competitive moat and innovation pipeline with a balance sheet and cash flow profile that still reflect the after‑effects of a large expansion step and the ups and downs of the chip cycle.

NEWS

November 5, 2025 · 8:00 AM UTC

Entegris Celebrates Grand Opening of Colorado Springs Manufacturing Center of Excellence

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October 30, 2025 · 7:00 AM UTC

Entegris Reports Results for Third Quarter of 2025

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October 16, 2025 · 6:00 PM UTC

Entegris to Report Results for Third Quarter of 2025 on Thursday, October 30, 2025

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October 15, 2025 · 7:00 AM UTC

Entegris Declares Quarterly Cash Dividend

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