← MKS INC
| Annual Trend | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash flows from operating activities: | |||||||||||
| Adjustments to reconcile net income to net cash provided by operating activities: | |||||||||||
| Net Income (Loss) Attributable to Parent | $104.8m | $339.1m | $392.9m | $140.4m | $350.1m | $551.4m | $333.0m | ($1.8b) | $190.0m | $295.0m | |
| Net Income (Loss), Including Portion Attributable to Noncontrolling Interest | — | — | $392.9m | $140.4m | $350.1m | $551.4m | $333.0m | ($1.8b) | $190.0m | $295.0m | |
| Depreciation and amortization | $65.9m | $82.6m | $79.9m | $110.0m | $99.2m | $104.1m | $216.0m | $397.0m | $348.0m | $344.0m | |
| Amortization of Debt Issuance Costs and Discounts | $9.3m | $10.7m | $4.7m | $7.1m | $2.7m | $2.3m | $56.0m | $33.0m | $30.0m | $26.0m | |
| Amortization of Intangible Assets | $35.7m | $45.7m | $43.5m | $67.4m | $55.2m | $55.3m | $146.0m | $295.0m | $245.0m | $247.0m | |
| Depreciation | $30.2m | $36.8m | $36.3m | $42.6m | $44.0m | $48.8m | $70.0m | $102.0m | $103.0m | $97.0m | |
| Deferred Income Tax Expense (Benefit) | ($38.8m) | ($4.8m) | ($19.4m) | ($4.2m) | ($7.1m) | $1.2m | ($46.0m) | ($234.0m) | ($226.0m) | ($196.0m) | |
| Share-based Payment Arrangement, Noncash Expense | $25.2m | $24.4m | $27.3m | $49.2m | $29.5m | $36.7m | $45.0m | $54.0m | $48.0m | $55.0m | |
| Share-based Payment Arrangement, Expense | $25.2m | $24.4m | $27.3m | $49.2m | $29.5m | $36.7m | $45.0m | $54.0m | $48.0m | $55.0m | |
| Goodwill and Intangible Asset Impairment | — | — | — | — | — | $0 | $0 | $1.9b | $0 | $0 | |
| Goodwill, Impairment Loss | — | $4.9m | — | — | $1.1m | — | — | $1.7b | $0 | $0 | |
| Impairment of Intangible Assets, Indefinite-lived (Excluding Goodwill) | $0 | $1.5m | $1.5m | $1.5m | $1.5m | $1.5m | ($1.0m) | $216.0m | $216.0m | $216.0m | |
| Gain (Loss) on Disposition of Business | — | $74.9m | — | — | — | — | — | — | — | — | |
| Gain (Loss) on Disposition of Property Plant Equipment | ($19.1m) | ($31.3m) | ($62.9m) | $6.8m | ($84.9m) | ($86.7m) | $7.0m | $2.0m | $0 | $0 | |
| Gain (Loss) on Extinguishment of Debt | — | — | — | — | — | $0 | $0 | ($8.0m) | ($57.0m) | ($10.0m) | |
| Income Tax Expense (Benefit) | $23.2m | $108.5m | $88.1m | $37.5m | $72.9m | $114.1m | $100.0m | ($87.0m) | ($10.0m) | $9.0m | |
| Other Nonoperating Income (Expense) | $1.2m | ($5.9m) | ($1.9m) | ($3.3m) | ($3.1m) | ($8.6m) | ($11.0m) | ($27.0m) | $2.0m | ($16.0m) | |
| Changes in operating assets and liabilities: | |||||||||||
| Additional Financial Items | |||||||||||
| Increase (Decrease) in Accounts Receivable | $58.1m | $44.1m | $546k | $93k | $44.8m | $52.7m | $4.0m | ($114.0m) | $36.0m | $16.0m | |
| Increase (Decrease) in Inventories | $13.8m | $72.5m | $73.8m | $29.3m | $52.2m | $91.7m | $236.0m | $76.0m | ($20.0m) | $50.0m | |
| Environmental Remediation Expense | — | — | $1.0m | — | — | — | — | — | — | — | |
| Goodwill | $588.6m | $591.0m | $587.0m | $1.1b | $1.1b | $1.2b | $4.3b | $2.6b | $2.5b | $2.6b | |
| Inventory Write-down | $16.0m | $20.2m | $22.3m | $24.7m | $24.8m | $16.2m | $21.0m | $64.0m | $56.0m | $45.0m | |
| Nonoperating Income (Expense) | — | — | ($1.9m) | $3.3m | ($3.1m) | ($8.6m) | ($11.0m) | ($27.0m) | — | — | |
| Payments of Financing Costs | — | — | — | — | — | — | — | $9.0m | $33.0m | $0 | |
| Realized Investment Gains (Losses) | — | — | — | — | — | — | — | $0 | — | — | |
| Unrealized Gain (Loss) on Derivatives | — | — | — | $100k | ($400k) | $4.2m | ($13.0m) | ($32.0m) | ($13.0m) | $9.0m | |
| Net Cash Provided by (Used in) Operating Activities | $180.1m | $355.2m | $413.8m | $244.5m | $513.2m | $639.5m | $529.0m | $319.0m | $528.0m | $645.0m | |
| Cash flows from investing activities: | |||||||||||
| Payments to Acquire Property, Plant, and Equipment | $19.1m | $31.3m | $62.9m | $63.9m | $84.9m | $86.7m | $164.0m | $87.0m | $118.0m | $148.0m | |
| Payments to Acquire Businesses, Net of Cash Acquired | $939.6m | — | — | $988.6m | $0 | $268.4m | $4.5b | $0 | $0 | — | |
| Payments for (Proceeds from) Other Investing Activities | ($273k) | ($66k) | — | — | — | — | — | — | — | — | |
| Net Cash Provided by (Used in) Investing Activities | ($727.0m) | $22.6m | $72.8m | ($947.3m) | ($202.4m) | ($204.6m) | ($4.6b) | ($84.0m) | ($117.0m) | ($145.0m) | |
| Cash flows from financing activities: | |||||||||||
| Proceeds from Issuance of Long-term Debt | $744.7m | $191k | $40k | — | — | — | — | — | — | — | |
| Proceeds from Maturities, Prepayments and Calls of Debt Securities, Available-for-sale | $160.9m | $157.3m | $181.7m | $142.6m | $332.4m | $478.3m | $77.0m | $0 | $0 | — | |
| Repayments of Long-term Debt | $153.4m | $228.1m | $50.0m | $106.1m | $59.1m | — | — | — | — | — | |
| Payments for Repurchase of Common Stock | $1.5m | — | $75.0m | — | — | — | — | $0 | $0 | $45.0m | |
| Payments of Ordinary Dividends, Common Stock | $36.4m | $38.2m | $42.4m | $43.5m | $44.0m | $47.6m | $52.0m | $59.0m | $59.0m | $59.0m | |
| Proceeds from (Payments for) Other Financing Activities | — | — | — | — | — | — | — | ($3.0m) | ($15.0m) | ($3.0m) | |
| Net Cash Provided by (Used in) Financing Activities | $554.3m | ($279.7m) | ($178.0m) | $476.2m | ($121.5m) | ($65.1m) | $4.0b | ($259.0m) | ($549.0m) | ($562.0m) | |
| Effect of Exchange Rate on Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents | ($6.3m) | $2.1m | $1.9m | ($3.2m) | $4.4m | ($11.8m) | ($5.0m) | ($10.0m) | ($23.0m) | $23.0m | |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect | ($6.3m) | $2.1m | $1.9m | ($229.8m) | $193.7m | $358.0m | ($57.0m) | ($34.0m) | ($161.0m) | ($39.0m) | |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents | — | — | $644.3m | $414.6m | $608.3m | $966.3m | $909.0m | $875.0m | $714.0m | $675.0m | |
| Supplemental disclosure of cash flow information: | |||||||||||
| Interest Paid, Excluding Capitalized Interest, Operating Activities | — | — | — | — | $26.3m | $23.0m | $110.0m | $305.0m | $268.0m | $190.0m | |
| Income Taxes Paid, Net | — | — | — | — | — | — | — | — | — | $178.0m |
Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.