Balance Sheet Entegris, Inc.

Equities

ENTG

US29362U1043

Semiconductor Equipment & Testing

Market Closed - Nasdaq Other stock markets 16:00:00 2024-09-20 EDT			5-day change	1st Jan Change
110.64 ^USD	-4.09%		-0.03%	-7.66%

09-16	Central bank bonanza!
09-16	Citigroup Upgrades Entegris to Buy From Neutral	MT

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Published financial data: ENTEGRIS, INC.

Annual

Quarterly

Halfyear

YTD

LTM

Fiscal Period: December	2019	2020	2021	2022	2023
Revenues	1.59B	1.86B	2.3B	3.28B	3.52B
Total Revenues	1.59B	1.86B	2.3B	3.28B	3.52B
Cost of Goods Sold, Total	871M	1.01B	1.24B	1.82B	2.03B
Gross Profit	720M	850M	1.06B	1.46B	1.5B
Selling General & Admin Expenses, Total	243M	263M	292M	453M	489M
R&D Expenses	120M	136M	168M	229M	277M
Amortization of Goodwill and Intangible Assets - (IS)	66.43M	53.09M	47.86M	144M	214M
Other Operating Expenses, Total	429M	452M	508M	826M	981M
Operating Income	292M	399M	552M	632M	517M
Interest Expense, Total	-46.96M	-48.6M	-41.24M	-213M	-312M
Interest And Investment Income	4.65M	786K	243K	3.69M	11.26M
Net Interest Expenses	-42.31M	-47.81M	-41M	-209M	-301M
Income (Loss) On Equity Invest.	-	-	-	-	-414K
Currency Exchange Gains (Loss)	237K	9.75M	-7.86M	-23.03M	-5.72M
Other Non Operating Income (Expenses)	-1.16M	-717K	-500K	2.4M	-629K
EBT, Excl. Unusual Items	248M	360M	503M	403M	209M
Restructuring Charges	-8.8M	-	-	-	-
Merger & Related Restructuring Charges	78.36M	-3.17M	-200K	-152M	-56.53M
Impairment of Goodwill	-	-	-	-	-115M
Gain (Loss) On Sale Of Investments	-	-	-	-	-
Asset Writedown	-	-	-	-	-30.46M
Other Unusual Items	-	-2.38M	-23.34M	-3.29M	166M
EBT, Incl. Unusual Items	318M	354M	479M	247M	172M
Income Tax Expense	63.19M	59.32M	69.95M	38.16M	-8.41M
Earnings From Continuing Operations	255M	295M	409M	209M	181M
Net Income to Company	255M	295M	409M	209M	181M
Net Income - (IS)	255M	295M	409M	209M	181M
Net Income to Common Incl Extra Items	255M	295M	409M	209M	181M
Net Income to Common Excl. Extra Items	255M	295M	409M	209M	181M
Per Share Items
Net EPS - Basic	1.89	2.19	3.02	1.47	1.21
Basic EPS - Continuing Operations	1.89	2.19	3.02	1.47	1.21
Basic Weighted Average Shares Outstanding	135M	135M	135M	142M	150M
Net EPS - Diluted	1.87	2.16	3	1.46	1.2
Diluted EPS - Continuing Operations	1.87	2.16	3	1.46	1.2
Diluted Weighted Average Shares Outstanding	137M	136M	137M	143M	151M
Normalized Basic EPS	1.15	1.67	2.32	1.77	0.87
Normalized Diluted EPS	1.14	1.65	2.3	1.76	0.86
Dividend Per Share	0.31	0.32	0.34	0.4	0.4
Payout Ratio	15.92	14.66	10.64	27.43	33.33
Supplemental Items
EBITDA	433M	535M	690M	912M	904M
EBITA	358M	452M	600M	776M	731M
EBIT	292M	399M	552M	632M	517M
EBITDAR	446M	549M	703M	930M	922M
Effective Tax Rate - (Ratio)	19.87	16.74	14.6	15.44	-4.88
Current Domestic Taxes	38.12M	9.26M	12.13M	43.29M	12.1M
Current Foreign Taxes	39.08M	57.31M	76.26M	97.61M	125M
Total Current Taxes	77.2M	66.57M	88.38M	141M	137M
Deferred Domestic Taxes	-11.98M	-999K	-12.22M	-95.99M	-141M
Deferred Foreign Taxes	-2.02M	-6.25M	-6.21M	-6.76M	-4.37M
Total Deferred Taxes	-14.01M	-7.25M	-18.43M	-103M	-146M
Normalized Net Income	155M	225M	314M	252M	130M
Interest on Long-Term Debt	46.96M	48.6M	41.24M	-	821K
Non-Cash Pension Expense	217K	117K	95K	700K	1M
Supplemental Operating Expense Items
Research And Development Expense From Footnotes	121M	136M	168M	229M	277M
Net Rental Expense, Total	12.54M	13.58M	13.13M	18M	18.11M
Imputed Operating Lease Interest Expense	4.88M	4.97M	4.04M	8.88M	8.58M
Imputed Operating Lease Depreciation	7.65M	8.61M	9.09M	9.11M	9.53M
Stock-Based Comp., COGS (Total)	1.18M	1.46M	3.84M	5.78M	8.9M
Stock-Based Comp., R&D Exp. (Total)	1.9M	2.36M	3.5M	4.6M	8M
Stock-Based Comp., SG&A Exp. (Total)	16.55M	19.1M	22.54M	56.2M	44.48M
Total Stock-Based Compensation	19.63M	22.92M	29.88M	66.58M	61.37M

Fiscal Period: December	2019	2020	2021	2022	2023
Assets
Cash And Equivalents	352M	581M	403M	562M	457M
Short Term Investments	-	-	-	-	-
Trading Asset Securities, Total	-	-	-	32.48M	21.45M
Total Cash And Short Term Investments	352M	581M	403M	594M	478M
Accounts Receivable, Total	234M	264M	347M	535M	457M
Total Receivables	234M	264M	347M	535M	457M
Inventory	287M	324M	475M	813M	607M
Deferred Tax Assets Current	24.55M	21.14M	35.31M	47.62M	63.88M
Restricted Cash	-	-	-	1.88M	-
Other Current Assets, Total	34.43M	43.89M	52.87M	343M	371M
Total Current Assets	932M	1.23B	1.31B	2.34B	1.98B
Gross Property Plant And Equipment	1.05B	1.15B	1.37B	2.26B	2.46B
Accumulated Depreciation	-522M	-574M	-653M	-770M	-908M
Net Property Plant And Equipment	530M	571M	721M	1.49B	1.55B
Long-term Investments	-	-	-	14.11M	2.62M
Goodwill	695M	748M	794M	4.41B	3.95B
Other Intangibles, Total	334M	338M	335M	1.84B	1.28B
Deferred Tax Assets Long-Term	11.24M	14.52M	17.67M	28.87M	31.43M
Other Long-Term Assets, Total	13.74M	11.96M	11.38M	22.13M	24.94M
Total Assets	2.52B	2.92B	3.19B	10.14B	8.81B
Liabilities
Accounts Payable, Total	84.21M	81.62M	131M	172M	134M
Accrued Expenses, Total	127M	153M	165M	249M	198M
Short-term Borrowings	-	-	-	135M	-
Current Portion of Long-Term Debt	4M	-	-	16.96M	-
Current Portion of Leases	10.02M	9.96M	10.64M	19.02M	16.36M
Current Income Taxes Payable	26.11M	44M	49.14M	98.06M	77.4M
Unearned Revenue Current, Total	13.02M	13.85M	23.05M	60.48M	69.05M
Deferred Tax Liability Current	-	-	-	-	-
Other Current Liabilities	-	-	-	10.83M	19.22M
Total Current Liabilities	264M	303M	379M	762M	514M
Long-Term Debt	932M	1.09B	937M	5.63B	4.58B
Long-Term Leases	43.83M	39.73M	60.1M	80.72M	68.99M
Pension & Other Post Retirement Benefits	37.87M	36.46M	37.82M	54.09M	53.73M
Deferred Tax Liability Non Current	71.59M	51.36M	42.99M	368M	190M
Other Non Current Liabilities	-	22.25M	21.18M	23.49M	-
Total Liabilities	1.35B	1.54B	1.48B	6.92B	5.4B
Common Stock, Total	1.35M	1.35M	1.36M	1.49M	1.51M
Additional Paid In Capital	843M	845M	880M	2.21B	2.31B
Retained Earnings	366M	578M	880M	1.03B	1.15B
Treasury Stock	-7.11M	-7.11M	-7.11M	-7.11M	-7.11M
Comprehensive Income and Other	-37.26M	-37.43M	-40.08M	-13.1M	-42.93M
Total Common Equity	1.17B	1.38B	1.71B	3.22B	3.41B
Total Equity	1.17B	1.38B	1.71B	3.22B	3.41B
Total Liabilities And Equity	2.52B	2.92B	3.19B	10.14B	8.81B
Supplemental Items
ECS Total Shares Outstanding on Filing Date	135M	135M	136M	149M	150M
ECS Total Common Shares Outstanding	135M	135M	136M	149M	150M
Book Value / Share	8.65	10.22	12.65	21.58	22.67
Tangible Book Value	137M	294M	585M	-3.03B	-1.82B
Tangible Book Value Per Share	1.02	2.18	4.32	-20.33	-12.1
Total Debt	990M	1.14B	1.01B	5.88B	4.66B
Net Debt	638M	555M	605M	5.29B	4.18B
Debt Equivalent of Unfunded Proj. Benefit Obligation	6.04M	6.24M	6.08M	14.24M	11.21M
Debt Equivalent Oper. Leases	100M	109M	105M	144M	145M
Account Code - Inventory Valuation	5	5	5	5	5
Inventories - Raw Materials, Total	92.85M	97.32M	192M	338M	249M
Inventories - Work In Process, Total	30.86M	32.32M	40.26M	60.18M	49.7M
Inventories - Finished Goods, Total	163M	194M	243M	415M	309M
Inventories - Others	-	-	-	-	-
Land - (BS)	27.18M	23.9M	24M	62.19M	44.18M
Buildings, Total	221M	239M	281M	491M	780M
Machinery, Total	584M	608M	683M	976M	1.07B
Full Time Employees	5.3K	5.8K	6.85K	10K	8K
Accumulated Allowance for Doubtful Accounts (Supple)	1.14M	2.38M	2.35M	5.44M	6.41M

Fiscal Period: December	2019	2020	2021	2022	2023
Net Income	255M	295M	409M	209M	181M
Depreciation & Amortization - CF	74.98M	83.43M	90.31M	135M	173M
Amortization of Goodwill and Intangible Assets - (CF)	66.43M	53.09M	47.86M	144M	214M
Depreciation & Amortization, Total	141M	137M	138M	279M	387M
Amortization of Deferred Charges, Total - (CF)	2.33M	2.19M	-	-	21.24M
(Gain) Loss From Sale Of Asset	-	-	-	-	23.84M
Asset Writedown & Restructuring Costs	-	-	-	-	146M
Stock-Based Compensation (CF)	19.63M	22.92M	29.88M	66.58M	61.37M
Tax Benefit from Stock Options	-	-	-	-	-
Other Operating Activities, Total	7.21M	9.41M	20.01M	35.83M	-241M
Change In Accounts Receivable	-3.16M	-27.46M	-86.77M	-59.64M	608K
Change In Inventories	-21.35M	-50.77M	-168M	-203M	103M
Change In Accounts Payable	-22.65M	40.16M	53.58M	4.52M	-29.55M
Change In Income Taxes	-3.49M	28.49M	-3.29M	21.75M	-10.18M
Change in Other Net Operating Assets	7.52M	-9.76M	8.12M	-1.66M	-13.07M
Cash from Operations	382M	447M	400M	352M	630M
Capital Expenditure	-112M	-132M	-211M	-466M	-457M
Cash Acquisitions	-277M	-112M	-91.94M	-4.47B	-
Divestitures	-	-	-	-	815M
Sale (Purchase) of Intangible assets	-	-	-	-	-
Investment in Marketable and Equity Securities, Total	-	-	-	-	-
Other Investing Activities, Total	3.88M	338K	4.45M	-4.59M	195M
Cash from Investing	-386M	-243M	-298M	-4.95B	553M
Short Term Debt Issued, Total	-	217M	101M	-	-
Long-Term Debt Issued, Total	-	400M	400M	5.42B	217M
Total Debt Issued	-	617M	501M	5.42B	217M
Short Term Debt Repaid, Total	-	-217M	-101M	-	-
Long-Term Debt Repaid, Total	-4M	-251M	-550M	-486M	-1.47B
Total Debt Repaid	-4M	-468M	-651M	-486M	-1.47B
Issuance of Common Stock	7.29M	8.74M	24.74M	16.17M	50.79M
Repurchase of Common Stock	-89.04M	-69.36M	-83.2M	-22.82M	-12.11M
Common Dividends Paid	-40.57M	-43.24M	-43.54M	-57.31M	-60.22M
Common & Preferred Stock Dividends Paid	-40.57M	-43.24M	-43.54M	-57.31M	-60.22M
Other Financing Activities, Total	-502K	-22.98M	-24.5M	-101M	-4.87M
Cash from Financing	-127M	22.15M	-276M	4.77B	-1.28B
Foreign Exchange Rate Adjustments	211K	3.48M	-4.17M	-11.9M	-6.51M
Net Change in Cash	-130M	229M	-178M	161M	-107M
Supplemental Items
Cash Interest Paid	41.71M	42.58M	46.79M	164M	288M
Cash Income Tax Paid (Refund)	77.97M	37.23M	88.06M	114M	139M
Levered Free Cash Flow	156M	218M	94.89M	-466M	289M
Unlevered Free Cash Flow	183M	246M	121M	-333M	463M
Change In Net Working Capital	48.47M	30.62M	182M	608M	-149M
Net Debt Issued / Repaid	-4M	149M	-150M	4.93B	-1.26B

Fiscal Period: December	2019	2020	2021	2022	2023
Profitability
Return on Assets	7.54	9.17	11.29	5.93	3.41
Return on Total Capital	8.88	10.67	13.18	6.68	3.76
Return On Equity %	23.4	23.18	26.45	8.47	5.45
Return on Common Equity	23.4	23.18	26.45	8.47	5.45
Margin Analysis
Gross Profit Margin %	45.28	45.73	46.09	44.43	42.5
SG&A Margin	15.25	14.12	12.71	13.81	13.88
EBITDA Margin %	27.22	28.78	30.02	27.77	25.65
EBITA Margin %	22.51	24.29	26.09	23.65	20.75
EBIT Margin %	18.33	21.44	24.01	19.26	14.66
Income From Continuing Operations Margin %	16.02	15.86	17.8	6.37	5.13
Net Income Margin %	16.02	15.86	17.8	6.37	5.13
Net Avail. For Common Margin %	16.02	15.86	17.8	6.37	5.13
Normalized Net Income Margin	9.76	12.1	13.66	7.67	3.7
Levered Free Cash Flow Margin	9.77	11.73	4.13	-14.19	8.21
Unlevered Free Cash Flow Margin	11.47	13.24	5.25	-10.14