ENTG FY 2019 Earnings Report — Entegris, Inc. Revenue & Financial Results | Market Cap Arena

Entegris, Inc.ENTG

FY 2019 Earnings

Reported February 7, 2020

Quarter Comparison

Revenue

Operating Income

Gross Margin

Net Margin

EPS (Diluted)

Free Cash Flow

Metric	FY 2019	Prior Q	FY 2018	QoQ Change	YoY Change
Revenue	$1.6B	—	$1.6B	—	2.6%
Op. Income	$239M	—	$293M	—	-18.2%
Gross Margin	44.7%	—	46.4%	—	-1.7pp
Net Margin	16.0%	—	15.5%	—	0.5pp
EPS (Diluted)	$1.87	—	$1.69	—	10.7%
Free Cash Flow	$270M	—	$202M	—	33.4%

Revenue Flow

Item	Amount
REVENUE	$1.6B
Cost of Revenue	$879M
GROSS PROFIT	$712M
R&D Expenses	$121M
Selling & Marketing	$0
General & Administrative	$285M
SG&A Expenses	$285M
Other Expenses	$66M
Operating Expenses	$472M
Cost & Expenses	$1.4B
OPERATING INCOME	$239M
Interest Income	$5M
Interest Expense	$47M
Other Income/Expenses	$79M
INCOME BEFORE TAX	$318M
Income Tax Expense	$63M
Net Income from Continuing Ops	$255M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$255M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$255M
D&A	$141M
EBIT	$365M
EBITDA	$506M
EPS	$2
EPS Diluted	$2

Income Statement

Item	Amount
REVENUE	$1.6B
Cost of Revenue	$879M
GROSS PROFIT	$712M
R&D Expenses	$121M
Selling & Marketing	$0
General & Administrative	$285M
SG&A Expenses	$285M
Other Expenses	$66M
Operating Expenses	$472M
Cost & Expenses	$1.4B
OPERATING INCOME	$239M
Interest Income	$5M
Interest Expense	$47M
Other Income/Expenses	$79M
INCOME BEFORE TAX	$318M
Income Tax Expense	$63M
Net Income from Continuing Ops	$255M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$255M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$255M
D&A	$141M
EBIT	$365M
EBITDA	$506M
EPS	$2
EPS Diluted	$2

Cash Flow Statement

Item	Amount
Net Income	$255M
Depreciation & Amortization	$141M
Stock-Based Compensation	$20M
Deferred Income Tax	-$14M
Other Non-Cash Items	$24M
Change in Working Capital	-$43M
OPERATING CASH FLOW	$382M
Capital Expenditure	-$112M
Acquisitions (Net)	-$277M
Purchases of Investments	$0
Sales/Maturities of Investments	$0
Other Investing Activities	$4M
NET CASH FROM INVESTING	-$386M
Net Debt Issuance	-$4M
Common Stock Repurchased	-$80M
Common Dividends Paid	-$41M
Other Financing Activities	-$2M
NET CASH FROM FINANCING	-$127M
FREE CASH FLOW	$270M
Net Change in Cash	-$130M

Balance Sheet

Item	Amount
Cash & Equivalents	$352M
Short-Term Investments	$0
Net Receivables	$234M
Inventory	$287M
Other Current Assets	$59M
TOTAL CURRENT ASSETS	$932M
PP&E (Net)	$530M
Goodwill	$695M
Intangible Assets	$334M
Long-Term Investments	$0
Tax Assets	$11M
Other Non-Current Assets	$14M
TOTAL NON-CURRENT ASSETS	$1.6B
TOTAL ASSETS	$2.5B
Account Payables	$84M
Short-Term Debt	$14M
Deferred Revenue	$13M
Other Current Liabilities	$65M
TOTAL CURRENT LIABILITIES	$264M
Long-Term Debt	$932M
Deferred Revenue NC	$0
Deferred Tax Liabilities	$72M
Other Non-Current Liabilities	$38M
TOTAL NON-CURRENT LIABILITIES	$1.1B
TOTAL LIABILITIES	$1.4B
Common Stock	$1M
Additional Paid-In Capital	$843M
Retained Earnings	$366M
Treasury Stock	-$7M
Accum. Other Comp. Income	-$37M
Other Equity	$0
TOTAL STOCKHOLDERS' EQUITY	$1.2B
Minority Interest	$0
TOTAL EQUITY	$1.2B
TOTAL LIABILITIES & EQUITY	$2.5B
Total Debt	$990M
Net Debt	$638M