https://assets.capyfin.com/instruments/678fdc13234e27009c5d5c72.png avatar
MKS
🇺🇸 NASDAQ:MKSI
•
Dec 31, 2024

MKS Q4 2024 Earnings Report

Key Takeaways

MKS Instruments delivered strong Q4 2024 results, with revenue exceeding guidance and notable growth in semiconductor and electronics segments. Operating margin improved significantly, and net income turned positive YoY.

Total Revenue
$935M
Previous year: $893M
+4.7%
EPS
$2.15
Previous year: $1.17
+83.8%
Gross Margin
47.2%
Previous year: 46%
+2.6%
Operating Margin
14.5%
Previous year: 2.7%
+437.0%
Adjusted EBITDA
$237M
Previous year: $218M
+8.7%
Gross Profit
$441M
Previous year: $341M
+29.3%
Cash and Equivalents
$714M
Previous year: $875M
-18.4%
Free Cash Flow
$125M
Previous year: $147M
-15.0%
Total Assets
$8.59B
Previous year: $9.2B
-6.6%

MKS Revenue

MKS EPS

MKS Revenue by Segment

Forward Guidance

MKS Instruments expects stable revenue in Q1 2025, with continued strength in optics and chemistry businesses. The company is proactively managing leverage and cost structures to maintain profitability.

Positive Outlook

  • Revenue guidance of $910M ± $40M
  • Non-GAAP EPS guidance of $1.40 ± $0.27
  • Strong demand for World Class Optics solutions
  • Improving trends in the chemistry business
  • Effective cost and cash management initiatives

Challenges Ahead

  • Potential headwinds from macroeconomic conditions
  • Uncertain semiconductor market recovery timeline
  • Rising interest expense impacting profitability
  • Tariff uncertainties and potential retaliatory actions
  • Ongoing efforts needed to reduce debt burden

Revenue & Expenses

Visualization of income flow from segment revenue to net income