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Dec 31, 2021

Entegris Q4 2021 Earnings Report

Entegris reported a record fourth quarter, driven by strong position in leading-edge solutions.

Key Takeaways

Entegris reported fourth-quarter sales of $635.2 million, an increase of 23% from the same quarter last year. Fourth-quarter GAAP net income was $118.2 million, or $0.87 per diluted share, and non-GAAP earnings per diluted share was $0.96.

Fourth-quarter revenue of $635 million, increased 23% from prior year

Fourth-quarter GAAP diluted EPS of $0.87, increased 38%

Fourth-quarter non-GAAP diluted EPS of $0.96, increased 35%

2021 revenue of $2,299 million, increased 24% from prior year

Total Revenue
$635M
Previous year: $518M
+22.7%
EPS
$0.96
Previous year: $0.71
+35.2%
Operating Margin
25.1%
Non-GAAP Operating Margin
27.8%
Gross Profit
$295M
Previous year: $231M
+27.8%
Cash and Equivalents
$403M
Previous year: $581M
-30.7%
Free Cash Flow
$39.3M
Previous year: $152M
-74.1%
Total Assets
$3.19B
Previous year: $2.92B
+9.4%

Entegris

Entegris

Entegris Revenue by Segment

Forward Guidance

For the first quarter ending April 2, 2022, the Company expects sales of $630 million to $650 million, net income of $111 million to $118 million and diluted earnings per common share between $0.81 and $0.86. On a non-GAAP basis, the Company expects diluted earnings per common share to range from $0.96 to $1.01, reflecting net income on a non-GAAP basis in the range of $131 million to $138 million.

Revenue & Expenses

Visualization of income flow from segment revenue to net income