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Actionable news in ENTG: Entegris, Inc.,

Entegris, Inc.

Entegris, Inc. reports financial results for the quarter ended June 30, 2017.We analyze the earnings along side the following peers of Entegris, Inc. - MKS Instruments, Inc., Donaldson Company, Inc. and Illinois Tool Works Inc. (MKSI-US, DCI-US and ITW-US) that have also reported for this period.

  • Summary numbers: Revenues of USD 329.00 million, Net Earnings of USD 39.99 million.
  • Gross margins widened from 41.65% to 42.34% compared to the same period last year, operating (EBITDA) margins now 25.69% from 22.68%.
  • Year-on-year change in operating cash flow of 39.15% is about the same as the change in earnings, likely no significant movement in accruals or reserves.
  • Earnings growth from operating margin improvements as well as one-time items.

The table below shows the preliminary results and recent trends for key metrics such as revenues and net income growth:

2017-06-302017-03-312016-12-312016-09-302016-06-30
Revenues (mil)329317.4308.5289.2299.7
Revenue Growth (%YOY)9.818.915.676.8
Earnings (mil)4032.526.121.932.9
Earnings Growth (%YOY)21.6100.648.5-6.234.5
Net Margin (%)12.210.28.57.611
EPS0.280.230.180.150.23
Return on Equity (%)4.13.52.92.53.9
Return on Assets (%)9.37.76.15.27.9

Access our Ratings and Scores for Entegris, Inc.

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Spreadsheet

Spreadsheet

ENTG-US's change in revenue this period compared to the same period last year of 9.76% is almost the same as its change in earnings, and is about average among the announced results thus far in its peer group, suggesting that ENTG-US is holding onto its market share. Also, for comparison purposes, revenues changed by 3.66% and earnings by 23.00% compared to the immediate last period.Spreadsheet

MKSI-USMKSI-USDCI-USDCI-USENTG-USENTG-USLeaderLeaderEarnings FocusEarnings FocusLaggardLaggardRevenues FocusRevenues Focus

The company's earnings growth was influenced by year-on-year improvement in gross margins from 41.65% to 42.34% as well as better cost controls. As a result, operating margins (EBITDA margins) rose from 22.68% to 25.69% compared to the same period last year. For comparison...


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